Commercial
St. John’s University Selling Manhattan Campus
A Look at Nominees of 2013 Doory Awards “Converted Homes” Category (PHOTOS)
Blackstone and Prologis to Acquire $960 Million Warehouse Portfolio
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Ford Motor Co., the popular automobile manufacturing firm announced on Thursday, May 23 that it will be closing down two of its plants in Australia and will be shutting down all production in the country by October, 2016 on constant accumulated losses. Asia Pacific Markets Have Highest Warehouse Rentals, CBRE report
Warehousing and logistics rents are the highest in Asia-Pacific Markets. According to a survey conducted by CBRE Group, the world’s largest commercial real estate services firm, six Asia Pacific cities were among the top ten most expensive logistics rental areas. London’s Royal Dutch Shell Center Redevelopment Plans Approved
A redevelopment plan of the site at Royal Dutch Shell Center on the southern banks of River Thames has been given the green light by the local council. Canary Wharf Group, a popular construction firm and Qatari Diar, a sovereign wealth fund of Qatar will be developing the site in a joint venture. China’s Sky City One to Break Ground in June; To Be Completed in 210 Days (VIDEO)
“Sky City One”, the future tallest skyscraper of the world is all set to break ground in June 2013, according to The Broad Sustainable Group, developers of the building. The Group announced in a statement that it has received all building permits and approval to start construction on the 2749 meter high-rise and will complete building in 210 days. BlackRock to Buy Real Estate Firm MGPA
BlackRock Inc., the world's largest asset manager, announced Tuesday an agreement to acquire MGPA, a London-based private equity real estate investment manager. Airbnb has been Deemed Illegal in New York City
A stay in a New York hotel can be expensive which is why Airbnb - a platform where New Yorkers can rent out rooms in their homes - was very appealing to tourists, but now a judge has ruled the service illegal in the city. BlackRock Buying MGPA Private Equity Firm Marking its Debut in Asian market
BlackRock Inc., a popular asset management firm has agreed to acquire MGPA, a Singapore based private equity firm for an undisclosed amount, according to various media reports. BlackRock’s acquisition plan comes in an effort to increase its real estate assets, world-wide and also marks its debut in the Asian market. Yahoo Moving Office to New York’s Times Square
Tech giant, Yahoo! Inc. announced in a press conference on Monday, May 20 that it is moving its New York headquarters to the former head-office of New York Times at 43rd Street, East of Eighth Avenue in Times Square, New York City. Sirius Real Estate Gets Extension onf 43.3m Euro Loan
Sirius Real Estate said in a statement on Monday that ABN AMRO Bank has agreed to extend the repayment of their outstanding loan of 43.3 million euros to June 28. Saudi Arabia to Get New Real Estate Regulatory Body
In the latest Saudi Arabia International Real Estate Conference (SAIREC) held by the National Real Estate Committee of Saudi Arabia in association with Al-Iktissad Wal-Aamal Group, it was announced that a new administrative body, a real estate authority will be established in the country to look after the real estate sector
