Commercial

12 Architecture Firms Shortlisted to Design New Nobel Prize Venue in Stockholm

The Nobel Foundation, which manages the assets and administers all the activities involved in the presentation of the prestigious Nobel Prize, has selected twelve affluent architecture firms to participate in a competition to design the new Nobel Center in Blasieholmen, Stockholm.

American Residential Properties Files for IPO, Planning to Raise $300 Million

American Residential Properties Inc, a private real estate investment firm is all set to go public as it filed a registration for an IPO with the U.S. Securities and Exchange Commission on Friday, March 22. The company plans to raise around $300 million in its offer.

Update: Empire State Building IPO Deadline Delayed

The much-talked about and controversial IPO voting of New York’s Empire State Building has been delayed beyond next week as a number of investors are still against the plan. Malkin Holdings agreed to move the final voting date to April 8 from the initially scheduled March 25. The extension was made in order to allow the Supreme Court to analyze on the prospective of buying out the opposing investors for $100.
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