Kohler Acquires Historic Hamilton Hall in St Andrews

Herb Kohler, Chairman and CEO of Kohler Co., announced that the company, through its subsidiary, The Old Course Limited, has purchased Hamilton Hall of St Andrews, Scotland, one of the most photographed buildings in the world of golf. Kohler Co. emerged as the accepted party from a competitive bidding process for the property conducted by Jones Lang La Salle and the Bank of Scotland. The Old Course Limited now owns and operates the 5 AA Red Star Old... 

Fluor Acquires Engineering Companies in Belgium and Spain

Fluor Corporation announced that it recently acquired two private engineering companies in Europe. The acquisitions include UNEC Engineering N.V. of Antwerp, Belgium, and Europea de Ingenieria y Asesoramiento (E.I.A.) of Tarragona, Spain. Both companies will become part of the European operations of Fluor’s Global Services business group. Financial details for these transactions were not disclosed. The E.I.A. and UNEC purchases are part of Fluor’s... 

Wind Energy America Inc. Obtains Financing to Complete Minnesota Wind Farm

Wind Energy America Inc. announced today that it has started ordering parts and commencing construction and interconnect operations to complete its wind farm project in Minnesota which contains two of the Gamesa wind turbines acquired in the Boreal Energy asset purchase. When commissioning of these two turbines is completed, WNEA will receive its first material revenues from generating utility-scale electricity from wind power. This Buffalo Ridge... 

TIAA-CREF Global Real Estate’s One Boston Place Awarded First LEED-EB Gold Certification for Operations and Maintenance

TIAA-CREF Global Real Estate announced today that One Boston Place in Boston is the first building to earn the Leadership in Energy and Environmental Design (LEED) Gold designation from the United States Green Building Council (USGBC) for Existing Buildings: Operations & Maintenance. LEED for Existing Buildings: Operations & Maintenance is a rating system that recognizes buildings with maximum operational efficiency and minimal environmental... 

BRMALLS (Bovespa: BRML3) Announces EBITDA Of R$61.9 Million in the 3Q08, an Increase Of 45.7% Over the 3Q07, With an EBITDA Margin of 74.9%

Gross revenues totaled R$88.5 million in the 3Q08, an increase of 38.4% over the 3Q07, and R$239.2 million year-to-date, 69.8% over on the first nine months of 2007; Consolidated NOI totaled R$73.5 million in the 3Q08, 52.0% higher than in the 3Q07, and R$194.9 million in the 9M08, an increase of 87.8% year-on-year. The NOI margin also increased from 84.4% in the 3Q07 to 89.8% in the 3Q08, and from 84.5% in the 9M07 to 88.9% in the 9M08; Also in the... 

Behringer Harvard Acquires Office Tower in LoDo District of Downtown Denver

Behringer Harvard announced today its acquisition of 1875 Lawrence, a 15-story office building in the historic LoDo (Lower Downtown) area of Denver’s central business district (CBD). Built in 1982 on a half-acre site, the property provides approximately 185,000 square feet of rentable office space. A three-level underground garage provides parking space for tenants. “1875 Lawrence is an attractive acquisition that provides both strong... 

Spritzfil-cem® Chopped Strands Benefit from Owens Corning Alkali Resistant Technology to Bring Higher Performance and Productivity to Concrete Tunnel-Lining

concrete reinforcement development aided by Owens Corning (NYSE:OC), AR Spritzfil-cem®, is prominently featured in the company’s presentation at the SAIE 2008 International Building Exhibition which opened today at Bologna. AR Spritzfil-cem®, an alkali resistant (AR) glass fiber, is designed to bring all-round higher performance to the reinforcement of sprayed concrete in tunnel lining applications. AR Spritzfil-cem® chopped strands were conceived... 

PPG to Acquire BASF North American Coil, Extrusion Coatings Business

PPG Industries announced it has reached an agreement with BASF Corp. to acquire that company’s North American coil and extrusion coatings (COEX) business. The agreement does not include the COEX businesses of BASF SE in Europe, South America and Asia. Terms were not disclosed. BASF’s North American COEX business serves the construction; appliance; transportation; heating, ventilation and air conditioning (HVAC); lighting fixture; and extrusion... 

AvalonBay Announces Formation of a New Investment Management Fund

AvalonBay Communities, Inc. announced the formation of AvalonBay Value Added Fund II, L.P., a private, discretionary investment vehicle with commitments from four institutional investors and AvalonBay Communities, Inc. (“AvalonBay”). Fund II will acquire and operate multifamily apartment communities primarily in AvalonBay’s high barrier-to-entry markets of the Northeast, Mid-Atlantic, Midwest, and West Coast regions of the U.S. with... 

Commercial Metals Company Completes Acquisition of Reinforcing Post-Tensioning Services, Inc. and Affiliates

Commercial Metals Company, headquartered in Irving, Texas, announced today that it has completed the acquisition of substantially all the operating assets of Reinforcing Post-Tensioning Services, Inc. (RPS), Regional Steel Corporation, and RPS Cable Corporation based in Claremont, California. RPS is a fabricator and installer of concrete reinforcing steel, post-tensioning cable and related products for commercial and public construction projects with...