PASAL Development S.A. announces that consolidated earnings after taxes and minority interest for the 9M 2008 amounted to 2.6 mn euro compared to 6.0 mn euro in 2007. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 3.5 mn euro compared to 10.1 mn euro in 2007, while consolidated earnings before taxes amounted to 1.3 mn euro compared to 8.6 mn euro the respective period of last year. The reduction is mainly due to...
ZipRealty, Inc. (Nasdaq: ZIPR ) announced that Lanny Baker has agreed to join the Company and will assume the role of Chief Financial Officer of the Company, effective December 1, 2008. David Rector, Senior Vice President, Chief Accounting Officer, and Chief Financial Officer, will remain with the Company as Senior Vice President and Chief Accounting Officer. Mr. Rector has been with ZipRealty since 2002 and has served in the role of Chief Accounting...
The Kathy Magner Group of Windermere Real Estate announces the availability of the first phase of Belvedere’s luxury view home sites in Bellevue, Washington. The first eight properties are currently listed on the market and are priced from $695,000. The 95 sites are architect ready and are able to accommodate individual homes of up to 12,000 square feet. Located on 45 acres on the southwest face of Cougar Mountain, Belvedere offers ready-to-build,...
Crystal Properties Holdings Inc. Board of Directors has approved the issuance of offers for bank and other financial institution owned real estate in Arizona and California, in addition to Nevada. Major Banks including Indy Mac, Countrywide, Wells Fargo and Bank of America will be approached about properties in these markets. Peter Anello, president of Crystal Properties, stated, “The undervalued real estate in these states is overwhelming...
All external forces notwithstanding, there are still a couple of very valid reasons for optimism at Windsor Capital Group, parent company to Windsor Hospitality Group. To boil one of those reasons down to a few words, Craig Stechman has come aboard. Stechman has recently taken over as senior vice president of sales and marketing position. In him, WCG found a person whose vision aligns with the company’s mission. Everyone at Windsor agrees this compatibility...
General Growth Properties, Inc. (NYSE: GGP ) announced it has extended the expiration date of its Rights Agreement to November 18, 2010. The Rights Agreement was originally adopted with an expiration date of November 18, 2008. In connection with this extension, the purchase price of each right issued under the Rights Agreement was changed from $148 to $105. As a result, the holder of each right is entitled to purchase one-third of one one-thousandth...
Stratus Properties Inc. (NASDAQ: STRS) announced that on November 18, 2008, Stratus received a letter, as anticipated, from The NASDAQ Stock Market advising that Stratus is currently not in compliance with the continued listing requirements set forth in NASDAQ Marketplace Rule 4310(c)(14) because Stratus did not timely file its quarterly report on Form 10-Q for the quarter ended September 30, 2008 (the “Form 10-Q”). The NASDAQ letter advised that...
The world’s first permanent international healthcare marketplace and education center will open in less than five years, the key players driving the project said today, as plans for the Midtown Manhattan tower have been finalized and marketing has begun. World Product Centre, as the project is known, has signed an agreement with Extell Development Company, a nationally acclaimed real estate developer, and formed a joint marketing company with...
China and Korea dominated the second edition of the MIPIM Asia Awards, designed to pay tribute to the most innovative real estate projects in the Asia Pacific region. The MIPIM Asia Awards took place at the Hong Kong Convention and Exhibition Centre on November 20. Projects from China, Japan, Singapore and South Korea won trophies this year. For the first time, the MIPIM Asia Awards winners were chosen by delegates attending MIPIM Asia, following...
Consolidated-Tomoka Land Co. (Amex: CTO; NYSE Alternext US: CTO) (the “Company”) announced that its Board of Directors has authorized a program to repurchase shares of the Company’s common stock having an aggregate value of up to $8,000,000. The Company anticipates reducing its quarterly dividend to $0.025 per share, effective for the 2009 first quarter dividend to fund the program. William H. McMunn, President and Chief Executive...
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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