Pasal Development: Consolidated Earnings After Taxes of EUR 2.6 mn for the 9M 2008

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... 

Lexent Metro Connect Provides Fast and Reliable Dark Fiber Services, Even Through New York Citys Annual Construction Embargo

Lexent Metro Connect, the leading provider of dark fiber networks in the New York Metropolitan area, today announces its continuing commitment to 30-day timelines for dark fiber installations in Manhattan, even during New York City’s annual holiday construction embargo. To assist in less traffic disturbances during the busy holiday season, the New York City Department of Transportation restricts street and sidewalk construction from November 24th... 

Bill Hood Appointed Office Principal in Bakers Cary Office

Michael Baker Engineering, Inc., an engineering unit of Michael Baker Corporation (NYSE Alternext US:BKR) announced that Bill Hood, P.E., RLA, LEED AP, has been appointed office principal for Baker’s Cary, North Carolina, office. He will be responsible for operations management, office administration, financial management, project oversight and business development for all of Baker’s activities in Cary. Hood’s extensive experience with... 

KPMB Will Design Balsillie School

The Balsillie School of International Affairs continues to move forward with the selection of Kuwabara Payne McKenna Blumberg Architects (KPMB) of Toronto as the firm to design its new home. The project will be directed by Bruce Kuwabara, design partner, and Shirley Blumberg, partner-in-charge. Internationally recognized for its design excellence, KPMB is the recipient of 10 Governor General’s Awards, Canada’s highest architectural honor.... 

China Growth Development Reports Third Quarter 2008 Earnings

China Growth Development, Inc. (OTCBB:CGDI ) (“China Growth Development” or “the Company”), the largest investor, owner and manager of commercial real estate in Taiyuan, the capital city of the Shanxi Province, PRC, today announced its financial results for the third quarter ended September 30, 2008. Third Quarter 2008 Highlights: * Net revenue increased approximately 23% year-over-year to $4.42 million. * Operating expenses decreased... 

Prime Group Realty Trusts Continental Towers Named BOMAs Suburban Chicago Outstanding Building for the Fourth Time.

Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in... 

Citi Foundation Awards $500,000 to Enterprise Community Partners Grant to Further Leadership and Innovation in Green, Affordable Housing

Citi Foundation awarded Enterprise Community Partners a $500,000 grant in support of its Green Communities ® initiative, the largest effort in the U.S. to bring the benefits of green building to low-income people. The grant will support the continued growth and expansion of Green Communities by enabling Enterprise to create more green affordable developments, deepen technical support in improving building energy performance and tap the emerging... 

Midtown Crossing at Turner Park Earns LEED Neighborhood Development Certification

Midtown Crossing at Turner Park, a million-square-foot mixed-use development under construction in the heart of midtown Omaha, has earned Stage 2 LEED certification under U.S. Green Building Council’s pilot Neighborhood Development Certification program. Midtown Crossing was selected to participate in the council’s Leadership in Energy and Environmental Design (LEED) pilot Neighborhood Development Certification program. It is the only project... 

Auction Fever Hits the San Diego Area

Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted an auction of 14 luxury residences located in lovely Escondido, a thriving urban environment, just 30 miles northeast of San Diego. The elegant 1 and 2-story, four and five-bedroom residences ranging from 2,900 to 4,049 square feet feature formal entry foyers, spacious family and living and dining rooms. Published reserves for... 

Dahlin Group Noted for Seniors Design

Dahlin Group Architecture Planning announces top honors for innovative senior housing design in The Green House® Design Charrette, sponsored by the Ideas Institute of Kirtland, Ohio. The American Association of Homes and Services for the Aging (AAHSA) hosted the awards as part of its annual conference, held in mid October in Philadelphia. The Green House model aims to de-institutionalize long-term care by eliminating the need for large nursing facilities,...