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Archive by category Construction & Property

Williams Scotsman Receives Competition Bureau Clearance for ModSpace Acquisition

BALTIMORE, Jul. 17 (Korea Bizwire) — WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”), a specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced that, on July 16, 2018, the Canadian Competition Bureau issued a No Action Letter relating to Williams Scotsman’s proposed acquisition of Modular Space Corporation (“ModSpace”). [...]

Colliers International Streamlines Its Market Leading Nordic Real Estate Management Services Platform

TORONTO and HELSINKI, Finland, Jul. 9 (Korea Bizwire) — Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI), a global leader in commercial real estate services, today announced the divestiture of its residential property management operation servicing apartment housing companies (“Finland AHC”), which manages over 30,000 apartments throughout Finland. This transaction allows Colliers Finland to focus entirely on [...]

Colliers International Creates Dominant Market Leader in Denmark

TORONTO, Jul. 3, 2018 (Korea Bizwire) — Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) today announced that it has acquired a controlling interest in Sadolin & Albæk (“Sadolin”), Denmark’s leading capital markets specialist, which will be merged with Colliers International’s current operations in Denmark (“Colliers Denmark”). The partners of [...]

Williams Scotsman to Acquire ModSpace

BALTIMORE, Jun. 22 (Korea Bizwire) — WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) the leading specialty rental services provider of innovative modular space and portable storage solutions across North America, today announced that it has entered into a definitive agreement to acquire Modular Space Holdings, Inc. (“MS Holdings”), the parent holding company of Modular Space Corporation (d/b/a [...]

Madison Realty Capital Provides $167.5 Million of Financing to Restructure Madison Square Park Tower, Luxury Condo Project at 45 East 22nd Street

NEW YORK, Jun. 11, 2018 (Korea Bizwire) — Madison Realty Capital (MRC) closed a $167.5 million first mortgage loan collateralized by Madison Square Park Tower, a luxury condominium development located at 45 East 22nd Street in the Madison Square Park neighborhood of Manhattan. In a complex multi-party transaction MRC rapidly delivered financing to Ian Bruce Eichner [...]

Algeco Announces Management Change

BALTIMORE, Jun. 4 (Korea Bizwire) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that James O’Malley, its former European General Counsel, has been appointed Group General Counsel following the concurrent resignation of Azuwuike Ndukwu, who [...]

Algeco Releases First Quarter 2018 Financial Report

BALTIMORE, May 30 (Korea Bizwire) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it has posted its first quarter 2018 financial report at http://www.algecoscotsman.com/en/investors.html. The slide presentation to accompany the previously announced first quarter [...]

Algeco Announces First Quarter 2018 Financial Results Conference Call

BALTIMORE, May 22 (Korea Bizwire) — Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it will hold its first quarter 2018 financial results conference call on Tuesday, June 5, 2018 at 10:00 a.m., Eastern Time. [...]

Colliers International Issues €210 Million of Senior Notes

TORONTO, May 17 (Korea Bizwire) — Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) (“Colliers“) announced today that it has reinforced its already-strong balance sheet with the issuance of €210 million of senior unsecured notes, with a ten-year term and a fixed interest rate of 2.23%. The senior notes were placed privately and rank equally with Colliers’ [...]

Colliers International to Make Transformational Strategic Investment in Harrison Street Real Estate

TORONTO and CHICAGO, May 14 (Korea Bizwire) — Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) today announced it has agreed to make a transformational, strategic investment in Harrison Street Real Estate Capital LLC (“Harrison Street”), one of the largest real estate investment firms dedicated to the education, healthcare and [...]