The Wanda Group will invest $900 million in Chicago, to build the citys third tallest building. Vornado Realty Trust is leading a partnership to buy the retail portion of the St. Regis Hotel on Manhattans Fifth Avenue for about $700 million. A report from World Property Channel shows vertical communities are moving ever higher as a new generation of high-rise buildings concentrated mainly in China, the Middle East and South East Asia show developers competing to build to record heights. These are among the 10 must reads from around the commercial real estate space.
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