Real Estate Development & Operations

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Haesung Industrial Co., Ltd. to invest 60 billion in new building

Monday, 15 Dec 2014 03:03am EST

Haesung Industrial Co., Ltd:To invest 60 billion won in new building construction, during Dec. 15, 2014 to June 30, 2018, to improve medium and long term sales and earnings.

Immofinanz starts new office development project in Bucharest

Thursday, 11 Dec 2014 06:06am EST

Immofinanz AG:Says has started work on a new office development project - the Metroffice in Bucharest.About 40,000 square metres of rentable space are planned for Metroffice.Construction has just started and should be completed in first calendar quarter of 2016.Investment volume for the first building will total about 34 million euros.

EZTEC Empreendimentos e Participacoes SA launches Legittimo Santana project

Tuesday, 9 Dec 2014 05:56am EST

EZTEC Empreendimentos e Participacoes SA:Announces launch of Legittimo Santana project located in Sao Paulo, Brazil.The project is composed of one residential tower totaling 70 units with area from 92 square meters to 132 square meters with potential sales value of 49.8 million Brazilian reais.Launch of project in Dec.Scheduled to be finished in Sept. 2017.The company holds 100 percent of working interest in the project.

TRI Pointe Homes expands with launch of TRI Pointe Solutions

Thursday, 6 Nov 2014 11:54am EST

TRI Pointe Homes:Says launch of TRI Pointe Solutions, made up of TRI Pointe Connect and TRI Pointe Assurance, a suite of home buyer services that will provide end-to-end support throughout the closing process.TRI Pointe Connect, formed as a joint venture with imortgage, will provide mortgage related services, while TRI Pointe Assurance, a wholly owned TRI Pointe company, will act as a title agency for First American Title Insurance Company.

PT Ciputra Property Tbk to develop 30 budget hotels-Investor Daily

Monday, 13 Oct 2014 08:00pm EDT

PT Ciputra Property Tbk:Plans to spend 1.5 tln rupiah ($123.1 mln) to develop 30 budget hotels within the next three years-Investor Daily.Company spent 225 bln rupiah on investment this year to develop five budget hotels.

Real Energy Corporation Ltd commences drilling at Queenscliff-1, cooper basin

Wednesday, 8 Oct 2014 06:56pm EDT

Real Energy Corporation Ltd:Says that drilling has commenced on its second well, Queenscliff-1.Well was spudded on Oct. 9, and.Planned total depth is 3113 metres.

Fastighets Balder AB builds 184 apartments in central Copenhagen

Tuesday, 7 Oct 2014 08:00am EDT

Fastighets Balder AB:Says has signed an agreement with Skanska regarding the construction of 184 apartments in Havneholmen.Says the lettable area amounts to 17,574 sq m and the investment amounts to about 575 million Swedish crowns.Says the construction has already commenced and will be completed during Q1 2016.

Reds Real Estate Development and Services SA announces approval of its building design in Bucharest

Tuesday, 7 Oct 2014 04:51am EDT

Reds Real Estate Development and Services SA:Announces that the building design for its real estate property in Bucharest was approved by the Municipal authorities.The real estate property is located in the centre of Bucharest, covers an area of 8,016 square meters and it is designed for mixed use (residential-commercial-offices-hotel-clinic).

SRV signs EUR 240 mln letter of intent for REDI shopping centre; aims to sign agreement for joint investment

Thursday, 25 Sep 2014 03:15am EDT

SRV Yhtiot Oyj:Says has signed a 240 million euro letter of intent to implement Kalasatama's REDI shopping centre.Says aim is to sign agreement for joint investment in Oct.-Nov. 2014.Says total investment value of shopping centre and parking facility is around 480 million euros.Says SRV's ownership share of project would be a maximum of 49 pct and its share of capital investment would be just under 120 million euros at maximum.Says based on on-going financing negotiations, SRV estimates that around 50 pct of total value of investment will be financed by project credits.Says aims to sign with established joint venture an about 400 million euro contract on implementation of shopping centre and parking facility.


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