Chris Hoy, Great Britain’s triple gold medal cyclist at the 2008 Beijing Olympic Games and gold medallist in the 2004 Athens Games, will be joining the team of investors at award-winning Obelisk as they launch their latest project, Laguna Beach in Brazil. Now ranked among the most successful Olympic athletes in history, Chris [...]
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Following a series of reunification talks scheduled weekly between the leaders of the Turkish Republic of Cyprus and Greek Cyprus since September 2008, recent news indicates discussions this month continue in “a very positive atmosphere”.
Divided Nation
The divide between the north and south of Cyprus –the Turkish and the Greek sides - has been ongoing for [...]
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Bangkok – 19 November 2008 – Total Access Communication Public Company Limited, one of Thailand’s leading telecommunications providers better known as DTAC, have signed Thailand’s largest ever office lease at Chamchuri Square owned by Chulalongkorn University. The company signed a lease for 61,000 square metres of office space.
The building developed by Thailand’s prestigious Chulalongkorn University [...]
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A British banker put down a cool $5 million as a deposit for the entire 76th floor of AOL Time Warner’s new Manhattan skyscraper. He is apparently a REIT executive, but this hasn’t been confirmed since he is intending to keep the transaction private.
What we do know is that he will fork out a whopping [...]
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Source: http://economictimes.indiatimes.com
NEW DELHI/CHANDIGARH: In a bid to seemingly boost its cash reserves, DLF, India’s largest real estate company, has requested the Haryana government to refund licence fees worth Rs 235 crore for various commercial and residential projects in Gurgaon. The company refused to respond to an email query sent by ET.
In two separate [...]
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Source:http://www.business-standard.com
California based INC Developers has entered the heavily slowed Indian real estate market with a super luxurious apartments scheme worth Rs 100 crore, which it would jointly develop in Pune with Amar builders over next 24 months.
The super luxurious apartments with 6,500 square foot size each, would be priced between Rs 5 crore and [...]
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Source: http://www.dnaindia.com
MUMBAI: Even though the Reserve Bank of India has asked banks to help the realty sector, the headwinds are far from over for ailing developers.
Top real estate players such as Housing Development and Infrastructure Ltd (HDIL), Unitech and Sobha, among others, are asking banks to either reschedule or refinance their loans maturing before [...]
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TH Properties Sdn Bhd has teamed up with PrimaNora Sdn Bhd to develop a RM30 million resort-style township in Bandar Enstek for the aged and elderly.
TH Properties chief executive officer, Zaharuddin Saidon, said the 12-hectare development was expected to commerce in June next year and would be completed two years later.
“The township, called Resort Living@enstek, [...]
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KUALA LUMPUR: Urusharta Cemerlang Sdn Bhd believes properties in the country are still attractive especially among foreigners, says chairman Tan Sri Zainol Mahmood.
“With strategic location and high quality of materials used, there should be no reason why foreigners don’t want to buy properties in Malaysia,” he said yesterday after the topping-up ceremony for Pavilion Residences.
He [...]
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LAS VEGAS: Las Vegas Sands Corp has enough money to finish Singapore’s first casino without help from the city-state’s government or billionaire Kwek Leng Beng after the company raised US$2.1 billion (US$1 = RM3.60), president William Weidner said.
Parts of Marina Bay Sands will open later than the end of 2009, as originally scheduled, on construction [...]
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