Commercial

Sony Corp diversifying into real estate business

Sony Corp, the electronics giant will reportedly enter into the real estate business by August this year and take the unit public in the next three years, the company announced Thursday.

LinkedIn leases more office space in San Francisco from Tishman Speyer Properties

LinkedIn, the professional social networking website has reportedly signed a deal with Tishman Speyer Properties to lease a full 26-story office building coming up at 222 Second St. in San Francisco.

Qatar reduces number of FIFA World Cup Stadiums on high costs

Qatar, the Middle Eastern country, which won the bid to host the 2022 FIFA World Cup in 2010, is cutting a third of the number of stadiums it planned on building for the event. The decision comes amid rising construction costs.