AmREIT a Houston-based real estate company that has elected to be taxed as a real estate investment trust, today announced that its Board of Trust Managers has approved the privatization of the Company through withdrawal of its Class A common shares from listing on the NYSE Euronext Exchange (“NYX”, formerly the American Stock Exchange). The company has filed with the NYX its notice of withdrawal of listing of its shares and intends to file with...
HOCHTIEF Development Hungary, the Hungarian subsidiary of HOCHTIEF Projektentwicklung, has found more tenants for Capital Square. The Hungarian electricity provider Budapesti Elektromos Müvek Nyrt (ELM?) signed up for almost 4,000 square meters of space. On another 1,500 square meters, the first office services center of FirstClients, a newly founded company providing office services, will be opened on April 1, 2009. CA Immo International had bought...
ACI Real Estate, an affiliate of Alternative Capital Investments, launched the US $272 million (AED 1 billion) Michael Schumacher Business Avenue on February, a 29-storey business tower located in Dubai’s Business Bay. Michael Schumacher Business Avenue marks Phase 2 of ACI’s sports-branded real estate project. The tower designers represent a new generation of architects. Being responsible as associate architects for world recognised structures...
Pearl Dubai FZ LLC, one of the UAE’s leading real estate developers, has awarded an AED8.85 billion (US $2.4 billion) main contract for the construction of its iconic Dubai Pearl project, to the Al Habtoor Leighton Group, the UAE’s largest construction group. The deal is the largest single contract of its kind in the region and arguably one of the largest in the world for a real estate project. Construction is due to begin in January 2009. “While...
Kobra Properties, a real estate development company, based in Roseville, California, has filed for protection through Chapter 11 reorganization, saying the move was needed to honor its financial obligations, protect its employees and restructure the company so it emerges even stronger. Company officials said the action comes in response to the worsening economic recession, a depressed real estate market and the tightening and tumultuous credit industry,...
Prime Group Realty Trust announced that Younan Properties, Inc. and an affiliate (“Purchaser”), and the subsidiary of the Company (the “Seller”) that owns 180 North LaSalle Street in Chicago, Illinois (the “Property”), amended the purchase and sale agreement (the “Agreement”) to (i) provide Purchaser certain credits against the Purchase Price, and (ii) remove the Purchaser’s right to extend the closing date past December 17, 2008. ADVERTISEMENT The...
WSP Group USA has been ranked No. 1 on the authoritative ZweigWhite list of fastest-growing engineering, environmental and architecture firms for 2008. This award reflects the firm’s consistent growth and success at outperforming the economy and their competitors to become market leaders. The annual “Zweig Letter Hot Firm List” is open to all US- and Canada-based firms in the fields of engineering, environmental consulting, architecture...
The Allen Group, developers of the Dallas Logistics Hub (DLH), a 6,000-acre multi-modal logistics park in Southern Dallas County, announced today an execution of a lease with Bridge Terminal Transport (BTT), one of the largest marine container haulers covering all major port locations and inland rail sites within the United States. BTT is a market leader in worldwide container services, agency, logistics and terminal activities. The company will relocate...
American Community Properties Trust announced today that it has reached agreement on a third amendment to the Company’s sales agreement with Lennar Corp., and has sold its interest in a joint venture to the homebuilding company. The Company also announced that its Board of Trustees authorized a cash dividend of $0.10 per share on common shares outstanding. The dividend will be payable on December 29, 2008 to shareholders of record on December...
Analysts In Media (AIM) has recently launched the Real Estate Foreign Investment Showcase (REFIS). Two events will make up the showcase, which provides an opportunity for foreign investors to enter the real estate market in major cities worldwide. Current market research indicates a shift in global markets, making this event a timely strategic opportunity for developers and investors. The first REFIS event will take place in the second quarter of...
The Contour Lounge Chair by Murillo
Murillo, the Philippines based manufacturer has been involved in manufacturing furniture and...
Contemporary Office Designs from Triple Five Design
Looking for modern interior inspiration for your office, here we got some preview of the contemporary...
The Gallery House designed by architect Richard Librach
Today’s modern house inspiration is coming from Richard Librach Architect, Toronto-based...
The Riedel Amadeo Decanter from Williams-Sonoma
Williams-Sonoma, the company that serves cookware, cooks stool, cutlery, electrics, bakeware,...
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