The 10 most read real estate articles for the week ending Jan. 20.
North America Real Estate
1. General Growth to rebrand as GGP Inc.
The rebranding is effective Jan. 27.
2. La Quinta Holdings looking to spin off real estate biz
The company is pursuing the separation of its businesses into two standalone publicly traded companies.
3. ARC Hospitality to become self-managed REIT after Brookfield investment
The REIT will also change its corporate name to Hospitality Investors Trust Inc., among other things.
4. The Daily Dose: Trump to name infrastructure spending monitors; Nevada casinos back in black
This edition also reports on Japan's expected legalization of gambling and plans for a $54 million assisted living facility in Fort Lauderdale, Fla.
5. The Daily Dose: $400M project approved in Watertown, Mass.; expired 421-a program to be replaced
This edition also reports on a $56.7 million apartment community sale in Raleigh, N.C., and self-storage businesses' planned opposition to a proposed New York City regulation to limit the number of hotels and self-storage facilities.
1. Global real estate investments to top €50B in 2017
Global real estate is expected to lure more than €52.6 billion this year with almost half of that investment capital coming from European investors, a new report says.
2. Irish office market set to benefit as 'hard Brexit' is confirmed
Major U.K.-based companies look set to go ahead with plans to relocate to Ireland and other European cities after U.K. Prime Minister Theresa May confirmed her government will seek a withdrawal from the EU without membership in its single market.
3. AccorHotels in talks to bring in investors for €6.6B HotelInvest portfolio
The company expects to close the restructuring of its €6.6 billion HotelInvest portfolio by early summer 2017.
4. Airbnb growth has not hurt hotels' ability to raise prices, study finds
A new study from STR Inc. suggests that while Airbnb is larger by some measures than the largest hotel companies, it may not be a direct competitor.
5. Prologis merges 2 European funds in €571M deal
One of the funds is a joint venture between the company and blue-chip investor Allianz.