International
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The pandemic costed 4 million tourism workers in the US their jobs

The pandemic has been devastating to the hospitality industry workforce, which is down nearly 4 million jobs compared to the same time in 2019.

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Amazon to build homes for its middle executives

Amazon has announced plans to create or preserve up to 20,000 affordable homes in areas close to its US facilities.

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The "Big Apple's" biggest investment sales of 2020

New York’s investment sales market is often seen as a barometer for real estate the world over.

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Primark agreement with the French Klepierre

Primark, the international retailer, confirmed it has signed leases with Klépierre, the European leader in shopping malls, to open seven new stores.

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Mobile office plans

An "office on wheels", a revolutionary concept, was created by Jack Carter, former executive of 83-year-old Renzo Piano architectural office.

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Homebuyers moving away from open-plan spaces

The coronavirus pandemic has changed demands in the housing market: not only in the wider category but also in home design.

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  News Deals  |  REIC  |  International
Big deal in the European market

Oxford Properties, the real estate arm of Canadian pension fund OMERS, is in talks to buy pan-European investor and asset manager M7 Real Estate in a deal that could be worth close to €5.2 billion.

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  News Economy  |  International  |  Office
What do tenants in downtown Los Angeles pay?

In 2013, Brookfield Property Partners became Downtown Los Angeles’ biggest landlord — by acquiring the company that previously held that title, MPG Office Trust.

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Saudi Arabia announces plan for a 100-mile linear city

Mohammed bin Salman, the crown prince of Saudi Arabia, has unveiled plans for a 100-mile belt of zero-energy walkable communities for a million people. The linear city will have no cars or streets, with all residents living within a five-minute walk of essential facilities.

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CVC fund close to a deal with Shiseido cosmetics

Shiseido Co. is in advanced talks to sell its shampoo and affordable skincare business to CVC Capital Partners for 150 billion to 200 billion yen ($1.45 billion-$1.9 billion), as the Japanese cosmetics maker shifts its focus to premium beauty products, people with knowledge of the matter said.