Commercial

Lebanon Island on Dubai’s ‘The World’ Sold for $9.5 Million

Lebanon Island – a part of the man-made archipelago – The World, Dubai has sold for a good $9.5 million to a consortium of investors. It was purchased in 2008 for around $16.3 million by Wakeel Admed Azmi, an Indian entrepreneur. However, he sold it at a loss of $6.8 million.

Chinese Real Estate Magnate Funds Princeton International Boarding School

A boarding school that's backed by a Chinese real estate mogul is looking to attract international students reported The Times of Trenton.

Hines Selling Two Midtown Manhattan Office Towers

Famous International real estate firm, Hines has put up two of its commercial towers located in the heart of Manhattan, New York for Sale. The two building that have been listed for sale are – 499 Park Avenue and 425 Lexington Avenue.