Och-Ziff Capital Management Group LLC (NYSE: OZM – News; “Och-Ziff”), today announced that it has hired four senior real estate investment professionals in Asia in a continued effort to augment Och-Ziff’s global real estate capabilities. The four principals will join Och-Ziff Asia Real Estate as Executive Managing Directors and will focus on building out an Asian real estate platform in Hong Kong, Singapore, China, India and other countries throughout Asia and the Pacific. The...
Och-Ziff Capital Management Group LLC announced that it has hired four senior real estate investment professionals in Asia in a continued effort to augment Och-Ziff’s global real estate capabilities. The four principals will join Och-Ziff Asia Real Estate as Executive Managing Directors and will focus on building out an Asian real estate platform in Hong Kong, Singapore, China, India and other countries throughout Asia and the Pacific. The new hires include Zain Fancy, formerly Managing Director...
Providential Holdings, Inc. a company engaged in mergers and acquisitions, real estate development, mining, and investing in special situations, today announced that the annual general meeting of the corporation for the year 2008 will be changed to January 30, 2009 at 02 o’clock P.M., Pacific Standard Time, at the Company’s principal offices located at 17011 Beach Blvd., Huntington Beach, CA 92647, U.S.A., instead of December 08, 2008 as previously announced. The purposes of the annual...
Fluor Corporation announced today that it signed a contract to relocate its current UK headquarters and operations centre to SEGRO’s IQ Farnborough development in Hampshire. Financial terms of the transaction were not disclosed. The real estate contract with SEGRO is to build a new company headquarters with a state-of-the art, four-building complex comprising approximately 210,000 square feet. The new headquarters will consist of one building of approximately 76,000 square feet owned by Fluor and...
The SHW Group’s Detroit studio will design the new Science and Technology Incubator at Kettering University in Flint, Mich. It will be the first building to be constructed at the Kettering University Technology Park and possibly the first LEED certified building in Flint. It will be located on Bluff Street, near the Flint River. “The mission of Kettering’s new Science and Technology Incubator is to provide resources and opportunities to encourage and grow high-tech entrepreneurship...
Xinyuan Real Estate Co., Ltd. a fast-growing residential real estate developer with a focus on strategically selected Tier II cities in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2008. — Total revenues for the third quarter of 2008 decreased 5.4% to US$83.0 million from US$87.7 million for the second quarter of 2008. — Total revenues for the nine months ended September 30, 2008 increased 35.5%...
Regulatory News: The measures to adapt workforce are expected to affect 2,000 employees in Sweden and 1,400 in the remainder of the Nordic region at a cost of approximately SEK 600 M. In Skanska’s (STO:SKAB) Nine Month Report for 2008, the Group announced that several construction and residential development markets are weakening. A review of the current order backlog and anticipated order bookings has indicated a volume decline of about 15 percent in the Nordic region in 2009. The main reason...
Beacon Redevelopment Industrial Corporation has reviewed a summary of its initial consultation regarding its natural gas rights of its Westmoreland property. Beacon, along with its geological consultants, are continuing the evaluation of the company’s resources at that location. The initial review revealed that it appears there may be a more feasible way to install modern gas well operations on the Westmoreland Glass Factory site in Grapeville, Pennsylvania, using the newer horizontal drilling...
If you love horses and have ever wanted to own a first-class facility for horse operations, you won’t want to miss the 180 acre Double Diamond Ranch Equestrian Center and Equine Breeding Center – a state of the art equine sales, breeding, boarding, and training facility fully outfitted to fulfill your every dream and currently being offered for sale through Kuper Sotheby’s International Realty. Located in the beautiful Texas Hill Country, this truly unique property sits just 4.5...
Trikona Group, which contributes to India’s growth in a socially aware manner by creating new asset classes around real estate and infrastructure, today announced that HHM Gajsinghji of Jodhpur, a leading hotelier in India, has been named Chairman of Apodis Hospitality, the hospitality company affiliated with the Trikona Group. As president of the 150 member Indian Heritage Hotels Association, Gajsinghji has helped shape the hospitality and tourism industry in India. He will provide strategic guidance...