Regions International
Olympic Village in Beijing Earns LEED Gold Certification
Aug 18, 2008

The plan for the Olympic Village in Beijing, the temporary home to 17,000 athletes from around the world, has been awarded LEED-Gold certification by the U.S. Green Building Council under its pilot LEED for Neighborhood Development certification program. The Beijing Olympic Village is the first Olympic Village to receive LEED certification, and as part of the pilot program, it is one of only eight developments – and the first international project – to thus far achieve ertification under LEED for Neighborhood Development. The pilot program began with a call for pilot projects in early 2007. Nearly 240 projects from 39 states and six countries are now registered to participate in the pilot program.

 
Recent International Headlines
While Hotel Investment Activity Languishes in the U.S., Market Remains Viable in Brazil
Plagued by the global recession that has slashed both business and pleasure travel, the hotel market is suffering on an international level and investors have backed away from buying or building in most locations, with a few exceptions--like Brazil. According to a new report by real estate services firm Jones Lang LaSalle Hotels, the positive long-term growth forecast for Brazil is popping up on the radar of those who are in the position to invest.
While Hotel Investment Activity Languishes in the U.S., Market Remains Viable in Brazil
Plagued by the global recession that has slashed both business and pleasure travel, the hotel market is suffering on an international level and investors have backed away from buying or building in most locations, with a few exceptions--like Brazil. According to a new report by real estate services firm Jones Lang LaSalle Hotels, the positive long-term growth forecast for Brazil is popping up on the radar of those who are in the position to invest.
Tokyo is Priciest Market as Climate Favors Office Tenants Worldwide: CBRE
Tenants have the edge in most of the world’s major office markets, concludes an analysis by CB Richard Ellis Inc. Class A rents are sliding dramatically and vacancy is ticking upwards in nearly every region, according to the study published last week.
Hotel Construction Pipeline Sluggish Throughout EMEA Region
Not surprisingly, the global recession is negatively impacting hotel development throughout Europe, Middle East and Africa regions, according to Lodging Econometrics' Q1 2009 construction pipeline report for the region.
TMW Nabs Shopping Center in France
TMW Pramerica Property Investment GmbH has acquired LE 31, a shopping center located in Lille, France.