The 10 most read real estate articlesfor the week ending April 29.
Underthe plan, two REITs managed by affiliates of Nick Schorsch's AR Global are in talksto acquire five nontraded REITs also managed by the firm's affiliates, Investment News reported.
On an earnings call, interim President and CEO Daniel Hurwitzdoffed his hat to Federal Realty's Donald Wood for the way he handled Brixmor'shiring of his CFO.
Datareleased in April showed a generally positive picture of conditions in the U.S.housing market.
The company'sshares were down almost 3% in afternoon trading after pricing at the middle of theexpected IPO price range.
The company, which was acquired by a Blackstone Real Estate-managedfund in 2015, named DDR's CFO to serve in the role.
Frenchreal estate companies topped the competition with an indexed year-to-date totalreturn of 7% for the year so far. Meanwhile, six out of the bottom 10 SNL-coveredEuropean real estate companies by year-to-date total return are headquartered inthe United Kingdom.
signed a framework dealwith Kuwait Strategic Investor's Al Waseet International for the creation of a realestate fund, according to a filing.
A unitof China's HNA Group agreed to buy Radisson operator Carlson Hotels and approximately51.3% of Brussels-based Rezidor HotelGroup.
The duowants to acquire Macquarie Group's Sydney headquarters, The Australian Financial Review'sStreet Talk reported, citing unnamed sources.
HengdaReal Estate Group will acquire 952,292,202 shares in Calxon Group Holdings Co. Ltd.