7-Eleven Plans Aggressive Expansion

While many retailers are contracting or limiting expansion, 7-Eleven is aggressively growing and expects to add more than 200 new stores this year. Plans call for the company to accelerate store development over the next several years through organic growth, acquisitions and its Business Conversion Program. 7-Eleven has a multi-pronged approach to growth that includes in-line, end-cap space in shopping centers, freestanding stores, urban locations... 

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Homebuilder, REIT shares tumble as recession spreads

The shares of big U.S. homebuilders and real estate companies alike slumped on Wednesday as housing starts fell to a record low and concerns spread the commercial real estate market is going the way of residential. The benchmark MSCI U.S. REIT index was down 7.6 percent in midday trading compared with a 3.4 percent drop in the S&P 500 (^SPX – News). Homebuilders shares, as measured by the Dow Jones U.S. Home Builders index (DJI:^DJUSHB... 

DITEC opens the way and the doors to the new Metrotram in Padova

For over a year a more European feel has filled the streets of Padova, the Italian city located in the Veneto region, after the completion of the three years long construction work of the brand new Metrotram, the public monorail transport system which crosses the city from north to south and, once fully completed, will be over 10 kilometres long. The last time a vehicle on rails was seen in the city dates back to the sixties. Today the Metrotram is... 

Urban Restaurant and Retail Marketplace Plans to Open in Summer 2009

U.S. Equities Realty, a leading full-service commercial real estate firm, announced today that it is beginning construction on MetraMarket. Connected to the Ogilvie Transportation Center in the West Loop, MetraMarket is a 100,000-square-foot restaurant and retail development that will enliven the area through its eclectic mix of dining and shopping options. Several of MetraMarket’s tenants are scheduled to open in summer 2009. MetraMarket will... 

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