
Jan David Winitz, founder and president of Claremont Rug Company, today announced an exhibition of rare, 19th century art-level rugs created by tribal weaving groups in the Caucasus Mountain region of Asia. The collection of 150 rugs will be available for viewing at the Gallery, located at 6087 Claremont Avenue in Oakland, starting Thursday, February 11. A selection of 95 of the rugs can also be accessed in a special section on the Claremont website. Long-noted...

SMT Residential Design welcomes the year 2010, another whole year to look up to in the real estate industry. We hope that the economic uncertainty of the year 2009 will be a thing of the past. There are indications that we are on the road to recovery as stock markets all over the world have incurred robust rebounds. It is but appropriate for us not to increase our prices for our old and new customers, this is how we have weathered the crisis and will...

The company, which launched to global acclaim on January 1 2006, said that the two projects demonstrate the strength of the real estate projects in the Holy Cities, set to be further developed over the next decade. The Al-Tilal Project in Madinah allows Muslims from all over the world to purchase permanent villa homes nearly 10 kilometres from the Prophet’s Mosque. The Royal Clock Tower is the central tower in the Abraj al-Bait Project, 50...
At their Summit, the EU Heads of State endorsed the 20% mandatory targets for renewables agreed on Tuesday and adopted a general principle of 100% auctioning of CO2 allowances in the power sector. The two measures will be forceful drivers for Europe’s wind power industry, according to the European Wind Energy Association (EWEA). “The Heads of State commitment to domestic EU carbon reductions was watered down today, but the 27 mandatory national...

Today, luminaries of Los Angeles politics, entertainment and business gathered to celebrate the rise of Hollywood’s newest star at the iconic corner of Hollywood & Vine: the W Hollywood Hotel & Residences. The “topping out” ceremony offered a dramatic preview of the property in true Hollywood style; complete with aerial acrobats, streaming banners, plenty of cameras and a clear message: Get ready for the excitement coming in November...
The developer of the 244-acre Sacramento Railyards project announced today that approximately 3,000 new jobs will be created in 2009 as a direct result of voter passage of Proposition 1C, the $2.8 billion Housing and Infrastructure Bond and Proposition1B, the $19.9 billion Transportation Bond as well as other local and federal infrastructure funds. The announcement comes as the Obama administration considers a federal economic recovery plan with a...
Emecole, Inc. of Romeoville, IL has just developed a basement prefinishing model that offers contractors a new business opportunity. Using this model a contractor can perform basement waterproofing and completely prepare the basement for finishing at a later date. With the housing market in a slump, more and more homeowners are investing in their existing homes. Emecole says one of the best, long-term investments for a house is basement waterproofing...
Desarrolladora Homex, S.A.B. de C.V. announced its guidance for 2009. The Company expects to perform favorably in the year ahead with revenue growth in the range of 8 to 10 percent and EBITDA(1) margin in the range of 23.0 percent to 24.0 percent bolstered by continuing demand for affordable entry-level homes and the favorable mortgage conditions to finance them under federal housing programs. During 2009, Homex expects challenging macroeconomic conditions...
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...
AMB Property Corporation®, a leading global developer and owner of industrial real estate, announced it has leased more than 590,000 square feet (54,800 square meters) to a wholly-owned subsidiary of a Fortune 100 company, stabilizing its more than 1.1 million square foot (104,300 square meter) development in the Greater Toronto Area (GTA) West submarket. “The fact that AMB has fully leased a 1.1 million square foot development six months ahead...