New York REIT Inc. and JBG Cos. have agreed to merge, forming an $8.4 billion real estate trust focused on the New York City and Washington, D.C., markets.
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Downsizing is part of a $550 million plan to respond to changes in health care that the New York City property’s owner says has led to a decline in hospitalizations.
Joint venture of Madison Capital and Vornado Realty Trust is moving ahead on the construction of a six-story, mixed-use building.
The owners of Gurney’s Montauk Resort owners are offering 15 oceanfront homes at prices from nearly $5 million to $12 million. All offer hotel amenities.
Howard Hughes Corp. is redeveloping 60 acres between downtown Honolulu and Waikiki, with plans to transform a low-density shopping and industrial area to residential and park space with potentially more than 20 towers.
A rise in U.K. commercial real-estate lending last year has pushed the total amount of outstanding property debt higher for the first time since 2008.
The funds are placing a large number of ‘short’ wagers on Australia’s biggest banks, among the world’s most profitable, suggesting the lenders might be headed for trouble.
The sovereign-wealth fund of Bahrain on Thursday bought a 49% stake in a portfolio of seven office buildings spread between Phoenix and Dallas.
The Port Authority of New York and New Jersey has reached a deal to end an $87 million payment dispute with a Canadian construction firm that helped build One World Trade Center.
The Four Seasons is preparing to end its half-century run in Manhattan’s Seagram Building by mid-July, but its co-owners aren’t done with the restaurant business just yet.
Architect Richard Meier, known for his buildings in a narrow spectrum between radiant pearl and creamy beige, has designed a residential tower now under construction on Manhattan’s East Side that is white.
State officials, citing potential conflicts linked to various investigations of Mayor Bill de Blasio, blocked a deal on a long-delayed plan to put up two apartment towers inside Brooklyn Bridge Park.
How the island, with landfills not far from capacity, became one of the world-wide leaders in recycling.
The Catholic Archdiocese of Chicago has tapped an adviser to sell a prime site across the street from its 140-year-old Holy Name Cathedral in a deal that could be worth as much as $100 million.
The slumping property markets in many Chinese cities are generating one kind of boom: in legal disputes.
Brooklyn Brewery has cut a deal to move its headquarters to the Brooklyn Navy Yard, where it will lease 75,000 square feet.
At least $50 million allegedly diverted from a state investment fund in Malaysia was spent on luxury properties in New York and Los Angeles by the stepson of the Malaysian prime minister.
Prime Minister David Cameron said the U.K. is creating a public register showing the true owners of property and companies in the nation and urged other nations to do the same.
Work started on 51 new office buildings in London from October to March, according to Deloitte LLP, more than in any six-month period in past 20 years.
Demand in Manhattan’s super-high-end condo market has dried up amid global economic jitters, just as the market has been flooded with supply.
Chinese landlords are trying a variety of strategies to combat oversupply and declining foot traffic in the country’s malls.
An alliance to build a new capital for Egypt between Egyptian authorities and a major Chinese state-owned developer shows how Chinese businesses are taking advantage of opportunities created in emerging markets.
Egypt’s housing ministry is taking steps to solve its housing shortage by offering more than 500,000 state-subsidized units for low-income people. The success of the program would mean achieving what previous governments failed to do.
Egypt’s real-estate market is flourishing, thanks to many Egyptians who believe that property is their safest investment option.
New hotel openings have become increasingly scarce in Egypt since 2011 after the so-called Arab Spring. But the Ritz-Carlton is one of a few hotel companies that is forging ahead in the country despite the tourism slump.
Google parent Alphabet has legions of Web developers. Soon it might be in need of real-estate developers as it plans to delve into an ambitious new arena: city building.
Billionaire Vladislav Doronin has more than 70 real-estate developments or projects in the works in his native Russia. Now he’s turning his sights on the U.S., starting with a Miami luxury condo with his partner Italian fashion house Missoni.
A $100 million project on Manhattan’s Auto Row that has billionaire William Ackman as an investor shows how a stretch on the far West Side is turning the corner from industrial hinterland to office magnet.
Entertainment mogul David Geffen donated $100 million to the Museum of Modern Art to renovate and expand its Midtown campus.
Retailers are abandoning a decades-old strategy of growing sales by blanketing cities with stores, as consumers shop more online. Their shifting habits have prompted chains to close stores in secondary malls.
A diverse group of investors, including a U.S. hedge fund, a Canadian alternative asset manager and an evangelical Christian university led by Jerry Falwell Jr., are making big bets on beaten-down shopping centers.
Singapore’s busy skyline is getting more crowded as the supply of office space surges, driving prices lower as developers scramble to attract a dwindling number of prospective tenants.
Australian lenders, who have enjoyed years of relatively low levels of bad debts, are losing their appetite for risk as the country’s red-hot housing market shows signs of slowing and stresses mount for resources companies.
The tech boom has vaulted the San Francisco office market to become the hottest in the U.S. But behind this strength is a market packed with big bets on growth—risky wagers that could prove painful should the historically turbulent tech industry retrench.
Lawmakers in Congress are gearing up for a new round of fighting over who should benefit from a federal program, known as EB-5, that offers green cards to certain foreign investors.
Brixmor Property Group has named the chief financial officer of a rival real-estate firm as its new CEO, two months after the company said its financial results had been manipulated and top officials had stepped down.
A weak Canadian dollar, which fell sharply against the U.S. dollar in 2015 and the early part of this year, is luring more Americans to Canada to purchase vacation homes.
Rising land costs are putting added pressure on Vancouver’s frothy housing market, but many developers anticipate the Canadian city’s growing population and international appeal will continue to support the price increases they are passing on to consumers.
The housing market in Calgary, capital of Canada’s struggling energy sector, has been hit so hard it makes the challenges faced by U.S. oil towns look relatively mild.
Chinese residential developers are widening their beachheads in Canada as demand for homes grows in part from people of Chinese descent.
The U.S. office market grew at a strong pace in the first quarter, an indication of strength in the economy as employers continue to expand.
Staples on Monday is expected to unveil a partnership with office-sharing startup Workbar to open communal work space at three Boston-area stores.
Developers in the South Bronx think they have spotted an area of unmet demand: rental apartments that aren’t exactly luxury but are most certainly upscale.
Developers in Miami’s condo market have started canceling projects, slashing prices and offering incentives such as private-jet access to spur sales, an ominous echo of the housing crash.
Many companies that made their bread and butter addressing the aftermath of the foreclosure crisis are rebranding themselves and expanding into other areas of the mortgage and real-estate businesses amid the housing recovery.
The Bank of England seeks to impose more stringent criteria for lending to buyers who intend to rent out their properties.
India’s Supreme Court on Tuesday asked the country’s capital markets regulator to sell Indian properties owned by conglomerate Sahara Group.
Chinese landlords are retrofitting buildings to reduce energy costs and improve air quality in hopes of distinguishing themselves from the competition in a market struggling with too much supply and an economic slowdown.
Cresa, a commercial-real-estate services firm that says it is one of the few brokerages that doesn’t suffer a conflict of interest, has hired a former senior executive of Cushman & Wakefield as chief executive.
The rise of online shopping is battering the big department stores known as anchors that once lured shoppers to malls—leaving landlords with empty space and forcing them to undertake expensive overhauls to stay relevant.
A new generation of tech-focused startups are charging into real-estate brokerage, rolling out an array of mobile services in hopes of grabbing a piece of the red-hot U.S. apartment market.
A new rule designed to lift the veil of secrecy from real estate purchased through anonymous shell companies in New York and Miami might not have the intended effect, real-estate lawyers and brokers said.
A venture of a private-equity firm and Mideast investor has purchased Saint-Gobain’s North American headquarters near Philadelphia in a $123 million deal that shines some light on how this year’s turmoil in the global capital markets is affecting commercial real estate.