×

Construction Real Estate Management & Development

  • NEW YORK, April 13- Billionaire real estate developer Rick Caruso learned about entrepreneurship and money at an early age. Caruso, 58, has also been an active civic leader and philanthropist in Los Angeles, where he grew up and is based. He is a former president of the Los Angeles Board of Police Commissioners and was a commissioner on the Department of Water and...

  • SHANGHAI, April 8- China's stock regulator has moved to cool speculative fever around plans to build a massive economic zone near Beijing, warning several listed companies against misleading investors with bombastic hypes around the red-hot theme. China has unveiled plans to build Xiongan New Area, a "thousand-year project" which official media described as...

  • *Britain, Toshiba seek to accelerate chase for deal. With British business minister Greg Clark in Seoul for talks, the status of KEPCO- Korea Electric Power Corp- as likely buyer was enhanced this week by troubled Japanese group Toshiba Corp having to take on full ownership of the NuGen project after France's Engie backed out. But while both Britain and Toshiba...

  • RABAT, March 31- Moroccan property developer Alliances Developpement reported a net profit of 144 million dirhams for 2016, recovering from a record loss in 2015 after a debt restructuring. Revenue surged by 277 percent last year to 3.56 billion dirhams, thanks to strong growth in public housing and high-end units, in addition to construction and housing...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • SHANGHAI, March 27- Hong Kong stocks fell on Monday as fresh measures to curb China's heated property market weighed on shares of developers, offsetting data showing strong profit growth for industrial companies early in the year. An index tracking mainland developers tumbled over 4 percent, led by industry heavyweight Vanke, after China restricted...

  • March 23- Hong Kong's benchmark stock index struggled on Thursday as strength in Chinese real estate developers was offset by weakness in some blue chips as their earnings reports disappointed investors. The Hong Kong stock market has gained more than 10 percent so far this year, but some analysts worry that valuations are getting stretched and may not live up...

  • *Marakez investment in Egypt could double in five years- CEO. CAIRO, March 22- Saudi-owned retail property developer Marakez is investing 15 billion Egyptian pounds in Egypt and could double that within five years as the country pushes through economic reforms. Those efforts received a boost in November when Egypt floated its currency, devaluing the pound, and...

  • BEIJING, March 22- China's largest real estate developers launched a green index on Wednesday to manage their cement, steel and iron suppliers as the world's second-largest economy steps up its fight against climate change. The Real Estate Green Supply Chain Initiative was launched by some of China's largest property developers including Vanke and Landsea...

  • *Marakez investment in Egypt could double in five years- CEO. CAIRO, March 22- Saudi-owned retail property developer Marakez is investing 15 billion Egyptian pounds in Egypt and could double that within five years as the country pushes through economic reforms. Those efforts received a boost in November when Egypt floated its currency, devaluing the pound, and...

  • SHANGHAI, March 20- China stocks recouped earlier losses to end slightly higher on Monday, as strong gains in energy stocks offset weakness in developers following fresh measures to cool the property market. Investors in China are being torn between recent data showing a resilient economy and fears that expected policy tightening, while gradual, will...

  • *Property shares sag after China steps up real estate restrictions. *Shenhua lead energy share surge in Hong Kong. SHANGHAI, March 20- China stocks dipped on Monday as fears of fresh property cooling measures and broader monetary policy tightening hit shares of developers.

  • *Property shares sag after China steps up real estate restrictions. *Shenhua lead energy share surge in Hong Kong. SHANGHAI, March 20- China stocks struggled for traction on Monday as fears of fresh property cooling measures and broader monetary policy tightening hit shares of developers.

  • NEW YORK, March 14- A group advising U.S. The group, led by billionaire New York real estate developers Richard LeFrak and Steve Roth, made the suggestion to Trump and others in the White House last week, LeFrak told Reuters on Monday. Any pilot program would be up to state and federal officials and Congress, he said.

  • President Donald Trump was granted initial approval on dozens of new trademarks in China because they met legal standards, a senior Chinese commercial official said on Friday. China's trademark office in recent weeks green-lighted 38 trademark applications linked to Trump, giving the U.S. president and his family protection were they to develop the "Trump"...

  • March 10- Britain's largest listed industrial property developer, Segro plc, said it bought the remaining 50 percent stake in the Airport Property Partnership joint venture from the Aviva Group Entities for 365 million pounds. Segro, which acquired the original stake in 2010, said the deal was funded by 216 million pounds in cash and the disposal of assets,...

  • *China approves 38 Trump-related trademark applications. SHANGHAI/ WASHINGTON, March 9- China has granted preliminary approval for 38 trademarks linked to Donald Trump, documents on China's state trademark office show, giving the U.S. Trump, a wealthy real estate developer, has previously said he has handed over his business interests to a trust overseen by one...