Commercial

UK Architecture Firms Win Competition to Design 2016 Olympics Stadiums in Rio

Two UK based architecture firms, 3DReid and ANDarchitects have won the competition to design the stadiums of 2016 Olympic Games, slated to be held in Rio de Janeiro. The firms will be teaming up with two local architecture firms to take on the projects.

Columbia Square in Hollywood to Finally Begin Construction

Construction on a mixed-use development project at Columbia Square on Sunset Boulevard, Hollywood is slated to start in the coming few months. The Columbia Square site was acquired by real estate firm, Kilroy Realty Corporation (KRC) for around $65 million in October 2012.

TPG Capital to Launch its First Real Estate Fund with $1 Billion Target

TPG Capital, one of the largest global private equity investment firms will be launching its first real estate investment fund with a target of at least $1 billion. The company expects to start raising capital for the fund by the second quarter of 2013.