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Glenwood Management's luxury condo building at 1930 Broadway, across from the Lincoln Center in Manhattan, has installed carbon capture systems as it attempts to cut its carbon footprint ahead of Local Law 97 implementation next year.
News

Carbon Capture Tech Can Cut NYC Buildings' Emissions, But Not Their Local Law 97 Fines

... faces $81K in fines, leaving Glenwood Vice President Joshua London unsure how to reduce the property’s energy usage ... most efficient properties. Those that can afford to, like Brookfield Properties’ One Manhattan West and JPMorgan Chase’s new headquarters ...

May 05, 2023
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Convene Wants To Expand In The UK By Taking Over Dead Retail Space
News

Convene Wants To Expand In The UK By Taking Over Dead Retail Space

... of Fraser department store into flexible office space in west London, and John Lewis has applied for planning permission to ... Avenue at Brookfield’s eponymous Brookfield Place and now operates it as one of its largest U.S. locations.  In London, Convene has ...

Sep 23, 2020
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These Investors Still Believe In Offices And Are Showing It By Shelling Out Cash
News

These Investors Still Believe In Offices And Are Showing It By Shelling Out Cash

... stake in a portfolio of three London offices valued at £400M.  Brookfield Canadian giant Brookfield’s chief executive, Bruce Flatt, thinks ... , he is clearly talking his own book, with Brookfield maintaining huge office holdings across the world. The firm ...

Aug 25, 2021
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Leisure
News

Brookfield’s Centre Parcs Can’t Find Staff, But Still Makes Record Profit

... Parcs, the holiday village company owned by Brookfield, has revealed a record half-year ... £235M in the same period in 2019.  Brookfield made £160M available to the company during the ... in West Sussex, to the south of London. It said it is in the preliminary ...

Nov 17, 2021
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Convene CEO Ryan Simonetti
News

Flex Office And Events Company Convene Lays Off Dozens, Closes Chicago Office

... as of Wednesday morning. It also operates a location in London. It is likely that more than 54 Convene workers lost ... in private investment, including from some of its landlords, like Brookfield, RXR Realty, BlackRock and Hudson's Bay Co. In March ...

Dec 21, 2022
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£420M Post-Pandemic Office Purchase Is Not Actually About Offices
News

£420M Post-Pandemic Office Purchase Is Not Actually About Offices

... of offices in Slough, to the west of London, to a data centre operator for around ... and draws interest because of its proximity to London.  AEW bought the estate in 2015 for ... not the main appeal of the deal. Brookfield paid TPG £714M for business park owner ...

Sep 16, 2021
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VC Funding Down, Leasing Up: The Data And Deals Behind The Rise Of UK Life Sciences Real Estate
News

VC Funding Down, Leasing Up: The Data And Deals Behind The Rise Of UK Life Sciences Real Estate

... falling into both camps.  Leasing Belgrove House, London Although the deal was first agreed in ... thought to be worth more than £250M, Brookfield acquired a 50% stake in Harwell and ... edge of what has become known as London’s Knowledge Quarter around King’s ...

Aug 16, 2022
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GIC To Drop $16B More On Real Estate After Recent Spending Tear
News

GIC To Drop $16B More On Real Estate After Recent Spending Tear

... , it teamed up with Greystar to buy Student Roost from Brookfield for about £3B earlier this year. The company has about ... 75% stake in the Paddington Central office complex in west London for £675M.  Last month, it partnered with Dutch pension fund ...

Jul 28, 2022
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Oxford Properties Deal Could Take Life Sciences Investment Mainstream
News

Oxford Properties Deal Could Take Life Sciences Investment Mainstream

... UK have involved private equity firms, international and domestic: Brookfield, Brockton, Harrison Street and Blackstone’s BioMed Realty have ... , principally the UK, with Oxford, Cambridge and Greater London top of the agenda.   “Since our first life sciences ...

May 31, 2021
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Here’s Where Blackstone’s £4.7B Student Deal Sits In The All-Time List
News

Here’s Where Blackstone’s £4.7B Student Deal Sits In The All-Time List

... long and acrimonious fight with Canadian investor Brascan, later renamed Brookfield. Brookfield retained a small stake in the company, and in 2015 ... in 2013, Blackstone sold its 50% stake in City of London office scheme Broadgate to GIC for £1.7B. It bought ...

Feb 26, 2020
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