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Wanda to sell contentious Madrid historic landmark

  AFP China’s property and entertainment giant Wanda has agreed to sell a historic Madrid skyscraper, a source close to negotiations said, after feuding with city authorities over plans to renovate the landmark. Wanda acquired the 25-storey Edificio Espana, completed in the 1950s under the dictatorship of General Francisco Franco, in June 2014 for 265 million euros (now $292 million) ...

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Hines to plan $660mn sale of Dublin mall

  Bloomberg A group led by US real estate investor Hines plans to sell a Dublin shopping mall and adjacent land for about 600 million euros ($660 million), three people with knowledge of the matter said. The venture, including the Grosvenor Group Ltd. and HSBC Alternative Investments, hired Eastdil Secured LLC to broker the sale of Liffey Valley Shopping Centre ...

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Blackstone to plan Invitation Homes IPO

  Bloomberg Blackstone Group LP expects to take its Invitation Homes unit public in the first half of next year, capitalising on a rally in US single-family rental landlords to list the biggest company in the industry, according to two people familiar with the matter. The size and exact timing of an initial public offering haven’t been decided, said the ...

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