Real Estate Development / Operations

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Immobel to develop CEDET project in Warsaw

Monday, 7 Jul 2014 11:47am EDT

Immobel SA:Obtains enforceable building permit for redevelopment of Cedet project in Warsaw.Project considers 22,000 square meters of office and retail space.Financing for construction is negotiated with Polish bank.Project construction due to begin in autumn 2014.Delivery scheduled for H1 2017.

Wing Tai Holdings Ltd announces voluntary winding up of indirect subsidiary

Monday, 7 Jul 2014 05:21am EDT

Wing Tai Holdings Ltd:Says members of Winwill Investment Pte Ltd have resolved that Winwill be wound up voluntarily pursuant to Section 290(1)(b) of the Companies Act, Cap 50.Lai Yoke Kwai and Wong Chong Chiang have been appointed Liquidators of Winwill.Winwill is subsidiary of Wing Tal Land Pte. Ltd., which in turn is a subsidiary of the Company.

ALM Equity AB starts construction of final stage of BRF Slottsallen

Friday, 4 Jul 2014 10:31am EDT

ALM Equity AB:Says it has started the construction of third and final stage of BRF Slottsallen in Ulvsunda in Bromma.Project consists of about 7,100 square meters divided into a total of 73 condominium houses of which 26 are included in phase three.ALM Equity's share is 42.5 pct.Total contractor is Varmdo Bygg and houses were designed by SandellSandberg architects.

HEBA Fastighets signs agreement with Skanska on construction of apartments in Norra Djurgardsstaden

Friday, 4 Jul 2014 02:00am EDT

HEBA Fastighets AB:Says the company and Skanska have signed an agreement regarding construction of 72 rental apartments in Norra Djurgardsstaden.The agreement is an extension of a project cooperation that started last fall.No financial details.

EZTEC Empreendimentos e Participacoes SA launches Gran Quadra San Felipe project

Wednesday, 2 Jul 2014 07:56am EDT

EZTEC Empreendimentos e Participacoes SA:Announces launch of Gran Quadra San Felipe project located in the Tatuape district in Sao Paulo, Brazil.The project is composed of two residential towers totaling 152 units with area from 123 square meters to 135 square meters with potential sales value of 135.9 million Brazilian reais.Launch of project in June.Scheduled to be finished in Aug. 2017.The company holds 100 percent of working interest in the project.

PT MNC Land Tbk to spend up to $3 bln on resort project-Investor Daily

Tuesday, 1 Jul 2014 08:00pm EDT

PT MNC Land Tbk:Plans to spend $2 bln to $3 bln in the next 20-30 years to develop a lake resort and golf course in Sukabumi, West Java-Investor Daily.Construction on 2,000-hectare land will start in August, including building of hotel, villas, theme park and other supporting facilities.

PT Sentul City Tbk plans to start three new housing projects-Investor Daily

Sunday, 29 Jun 2014 08:00pm EDT

PT Sentul City Tbk:Plans to start three new housing projects in Sentul, West Java in August-Investor Daily.To spend 200 bln rupiah ($16.67 mln) to build houses and about 300 bln rupiah to build an apartment building.

Wihlborgs Fastigheter starts construction at Knutpunkten and leases to Tyrens

Wednesday, 18 Jun 2014 02:00am EDT

Wihlborgs Fastigheter AB:Starts construction at Knutpunkten in Helsingborg, Sweden.Tyrens has leased one of the floors.The financial details were not disclosed.

SRV to participate in joint construction projects in Espoo

Tuesday, 17 Jun 2014 05:30am EDT

SRV Yhtiot Oyj:To implement together with LahiTapiola project bringing business premises and homes to Tapiola Centre.Companies plan to build nearly 40,000 square metres of commercial centre as first phase of project.Central block to incorporate West Metro's Tapiola metro station and connecting bus terminal.Commercial centre expected to be completed in spring 2017, after which three residential buildings are to be built above it.SRV to act also as project management contractor.Estimated total cost of first phase exceeds 110 mln euros.SRV to cooperate also with SATO, City of Espoo and West Metro on implementation of Niittykumpu metro centre.Plans include construction of 6,500 square metres of commercial centre on south-west side of Merituulentie and Haukilahdenkatu, next to Niittykumpu metro station, and 12- and 24-storey residential towers.

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