The state government of New South Wales (NSW) in Australia has approved the A$1.49bn ($1.02bn) upgrade of the Mt Druitt central business district (CBD) in Western Sydney.
Flaherty & Collins Properties, a US-based real estate developer, has begun construction on The Ascent at Top, a $80m luxury residential apartment development in Ohio, US.
TSB Capital Advisors, a real estate finance advisory firm, has arranged financing for a new mixed-use mass timber development in Ohio, US.
Greystar Real Estate Partners and the University of Hawaiʻi have entered into pre-closing agreement and pre-construction right of entry for the construction of on-campus housing for UH Mānoa graduate students and faculty members.
Real estate investment trust SL Green Realty has formed form a joint venture partnership with National Pension Service of Korea (NPS) and Hines Interest for the $2.3bn redevelopment of One Madison Avenue in Manhattan, New York City in the US.
UK-based hotel owner-operator Arora Group has been awarded a contract by the Spelthorne Borough Council to develop a £182m hotel-led mixed-use development in Staines-upon-Thames, UK.
Kier Property, the development arm of Kier Group, has secured planning approval for its next residential development at Watford Riverwell in the UK.
Multiplex has announced the completion of Swanston Central, an A$350m ($228m) high-rise residential development in Melbourne’s inner-city skyline in Australia, for developer Hengyi.
Construction is underway on the OCT Group’s Zhongshan OCT Harbour, a cultural and tourism complex in Zhongshan City, Guangdong Province, China.
Conor Commercial Real Estate announced that it has been selected by one of the world’s largest e-commerce retailers to develop a build-to-suit distribution facility in Palatine, Illinois.
Australian property developer Beulah International has received approval from the Victorian Government to build what it claims to become Australia’s tallest building, the A$2bn ($1.27bn) Southbank by Beulah.
The International Finance Corporation (IFC) has announced its support for the construction of one million square metres of semi-industrial and logistics properties in Romania, by providing €205m to Warehouses De Pauw NV (WDP).
Gloucestershire County Council in the UK has selected construction and infrastructure services firm Kier to deliver phase one of its Quayside regeneration scheme.
UK-based property developer Cole Waterhouse has submitted a full planning application to Birmingham City Council for the 5.11-acre site at Upper Trinity Street in Digbeth, Birmingham.
Hines, Urban Atlantic, and Triden Development Group along with joint venture partner Bridge Investment Group have acquired a 1.5-acre site at The Parks at Walter Reed to develop a multifamily property in Washington, DC.
Swedish construction and development company Skanska has been awarded a contract, worth approximately $195m, by the Delaware River Port Authority to rehabilitate the Benjamin Franklin Bridge that connects Philadelphia, Pennsylvania and Camden, New Jersey, US.
Property developer Godwin Developments has signed a collaboration agreement with Lord Stafford to develop an £80m mixed-use scheme in the Castlefields area, England.
The Nordic Investment Bank (NIB) has agreed to provide a loan of €68m to the Klaipėda State Seaport Authority for the expansion of the port of Klaipėda in Lithuania.
The Swedish Transport Administration has awarded a contract, worth about SEK1.7bn ($169m), to construction and development company Skanska to build double-track on the West Coast Line.
Swedish construction and development company Skanska has secured a SEK550m ($54.8m) contract from Stena Fastigheter to construct multi-family buildings in Gothenburg, Sweden.