Cubellis, an international architecture, interior design and engineering firm, is pleased to announce that it has been selected by Exeter Property Group to complete the expansion of the Dorsey Commerce Center. With the growing demand for warehouse space, Exeter Property Group is expanding the Dorsey Commerce Center in Jessup, Maryland, and is planning the construction of two new warehouses, designed by Cubellis. The expansion project, slated to begin...
German Pfleiderer AG and IBM signed a seven-year outsourcing contract. As part of the agreement, IBM will provide application hosting and management services out of Germany and Canada for all SAP Systems in Pfleiderer’s worldwide locations. The flexible IBM SAP Application Delivery Center Model will enable Pfleiderer to use and pay for services according to its needs. “By centralizing our IT activities, our processes can become more efficient...
ProLogis, the world’s largest owner, manager and developer of distribution facilities, announced today that it has leased approximately 174,000 square feet (16,200 square meters) in Shanghai to Mitsubishi Logistics, a leading third-party logistics company in Asia. Mitsubishi Logistics will lease the space through its affiliated joint venture Shanghai Linghua Logistics Co. and will fully occupy one of the buildings at ProLogis Park Pudong Heqing,...
ARCADIS, the international consultancy, design, engineering and management services company, announced today that it has won several large infrastructure projects in Poland, with a total value for the company of approximately EUR 20 million. It concerns two road contracts, and two rail assignments. Up until 2013, Poland, supported by European Union funding, plans to invest approximately EUR28 billion in road and rail infrastructure. The road projects...
U.S. Equities Realty, a leading full-service commercial real estate firm, announced today that it is beginning construction on MetraMarket. Connected to the Ogilvie Transportation Center in the West Loop, MetraMarket is a 100,000-square-foot restaurant and retail development that will enliven the area through its eclectic mix of dining and shopping options. Several of MetraMarket’s tenants are scheduled to open in summer 2009. MetraMarket will...
Tebodin Consultants & Engineers has won the contract for the design (consultancy services and detail engineering) of the Ras Laffan Emergency & Safety College in Quatar. This will be the world’s largest training center for fire fighting and rescue teams. The project is an initiative of Qatar Petroleum (QP), the largest oil and gas operator in Qatar. Tebodin’s offices in Abu Dhabi, Qatar and India (Tebodin Middle East) were awarded...
The almost 80 metre long and 5.40 metre high truss girders made of steel form the basic construction for the roofing of the new multi-functional hall in the Croatian city of Split. Each of the main constructional elements – the up to three metre wide pairs of trusses – weighs a massive 180 tonnes. In order to be able to cost-effectively assemble the roof, consisting of eight such gigantic components, contractors Dinarik, in co-operation with...
The Japanese yen weakened in the Asian session on Friday likely influenced by a weak machinery orders data from Japan. Major currencies saw choppy trading against their Japanese counterpart during late New York trading on Thursday following falls in the previous session. While the recent upward trend helped the yen to reverse much of its previous session’s losses against the greenback, it could only partly rebound versus the rest of majors....