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Real Estate, most read


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Real Estate, most read

The 10 most read real estate articles for theweek ending April 1.

North America

1. Anbang groupcites market factors in walking away from Starwood bid

The Anbang consortium confirmed reports that it will no longerpursue an earlier plan to take over StarwoodHotels & Resorts Worldwide Inc.

2. Phillips EdisonGrocery Center REIT II forms JV with TPG Real Estate

A Phillips EdisonGrocery Center REIT II Inc. subsidiary contributed to the joint ventureits interests in six shopping centers valued at $94.3 million.

3. Marriott standsfirm on commitment to acquire Starwood Hotels

The company stated that it believes the merger between itselfand Starwood Hotels is the "best course" for the companies.

4. Former HyattHotels exec named Xenia Hotels CFO

Atish Shah will serve as executive vice president, CFO and treasurerat Xenia Hotels & Resorts Inc.

5. Anbang returnsto Starwood Hotels with increased takeover offer

Starwood Hotels & Resorts said the increased offer is likelyto lead to a "superior proposal" to Marriott International Inc.'s last offer of $79.53 per sharein cash and stock.

Europe, Asia, emergingmarkets

1. Report: Blackstoneto sell A$220M portfolio in Australia

The private equity firm plans to sell A$220 million ofhomemaker centers in Australia's eastern coast, The Australian reported, citing unnamed sources.

2. Adler CEO tostep down

The company appointed Arndt Krienen to be its new CEO andSven-Christian Frank as COO, effective June 9.

3. Court: MorganStanley affiliate OK to vote on DEXUS-IOF merger

The New South Wales Supreme Court issued a court orderallowing Post Sale Portfolio Issuer to vote on DEXUS Property Group' takeover bid for Investa Office Fund.

4. Hires and Fires:European, Asian real estate moves through March 29

S&P Global Market Intelligence presents a weekly rundownof recent significant management and board changes and personnel moves in the Europeanand Asia-Pacific real estate industries.

5. Data DispatchAsia-Pacific: Asia-Pacific real estate logging higher premium to NAV YTD in '16

SNL-covered Asia-Pacific real estate companies traded at a 3.25%median premium to NAV as of March 23, up from a 2.73% premium as of year-end 2015.