The affluent consumer market is on the rise. The Luxury Consumption Index (LCI) shows that consumer confidence is increasing, as the average dollars spent on luxury goods is up ytd and from first quarter to second quarter of this year. Buyers, brokers and developers alike express optimism, forecasting that the more than two-year decline in homes sales is over and that the consumer market is emerging from the recession, putting purchasing power back...
Gerald T. Halpin, Chairman of Western Interiors & Design LLC, announced today that the company has received additional funding from some of its original investors to finance the company’s new initiatives and the continued growth of Western Interiors & Design magazine. “In this difficult economic environment,” says Publisher Jennifer Matthews, “it is wonderful to be able to put aside short-term distractions and focus on building the...
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...
ProLogis, a leading global provider of distribution facilities and services, announced today that it has closed a $104.7 million, secured financing with a large institutional investor on behalf of an affiliate of ProLogis North American Industrial Fund II. The ten-year financing has a coupon of 6.38 percent and represents a loan-to-value of approximately 58 percent on five geographically diverse, US industrial properties. The proceeds will be used...
Global Solar Energy, a leading manufacturer of Copper Indium Gallium diSelenide (CIGS) thin-film solar cells, today announced the full operation of the largest solar electric array worldwide using CIGS photovoltaic (PV) technology. The 750-kilowatt (kW) system, located at Global Solar’s manufacturing facility in Tucson, is the first commercial-scale deployment of the company’s highly efficient CIGS thin-film solar technology and will help power...
Shanghai Center project will be started since Nov. 29, 2008. It is proposed to be the tallest building of China after it finished. Shanghai Tower will be a 632-meter, super-tall tower sited in the heart of Shanghai’s Luijiazui Finance and Trade Zone, adjacent to the Jin Mao Tower and Shanghai World Financial Center. As the newest icon on the Shanghai skyline, Shanghai Tower’s distinctive transparent spiral form will showcase cutting-edge sustainable...
Look into many personal finance magazines lately and you’ll find a plethora of articles by a certain St. Louis author about safely protecting your wealth through residential real estate. And hitting newsstands now is the December issue of Success, where this long-time real estate investor turned bestselling author and now up-and-coming speaker writes in the Wealth column about her favorite investment for the past 20 years, residential real estate. With...
Employees at one Columbus company have made an all-out effort to support Mid-Ohio Foodbank’s efforts to help the needy this season. With nearly 100-percent participation, employees at Residential Finance Corporation (RFC) (http://www.residentialfinance.com), a nationwide mortgage lender specializing in refinance have raised and contributed $3,146 in cash and approximately 200 turkeys and traditional Thanksgiving food items to Mid-Ohio Foodbank’s...
Look into many personal finance magazines lately and you’ll find a plethora of articles by a certain St. Louis author about safely protecting your wealth through residential real estate. And hitting newsstands now is the December issue of Success, where this long-time real estate investor turned bestselling author and now up-and-coming speaker writes in the Wealth column about her favorite investment for the past 20 years, residential real estate. With...
United Rentals, Inc. announced that it has appointed William B. Plummer as Chief Financial Officer, effective December 1, 2008. Mr. Plummer brings more than two decades of financial leadership experience to United Rentals, most recently as Chief Financial Officer of Dow Jones & Company. In that role, he set policy for its global finance and corporate strategy functions. Prior to Dow Jones, Mr. Plummer was Vice President and Treasurer of Alcoa...
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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