Real Estate Management & Development
Real Estate Development
BISMARCK, N.D.— North Dakota regulators have rescheduled a public hearing on whether the developer of the Dakota Access pipeline violated state rules. The Public Service Commission is looking into whether Energy Transfer Partners removed too many trees and improperly handled some soil during construction of the $3.8 billion pipeline.
CENTRAL ISLIP, N.Y.— A Manhattan real estate developer caught trying to flee to South America following a fatal car crash in the Hamptons has pleaded guilty to aggravated vehicular homicide and other charges. The Aug. 30, 2015, crash in Sag Harbor killed 53- year-old Paul Hansen. Ludwick was free on bail when he was captured in Puerto Rico in 2016 negotiating to buy a...
*Dubai's Marka hit by earnings, GFH by share dilution. DUBAI, Aug 15- Middle Eastern stock markets sagged again on Tuesday because of a mediocre economic outlook, with a shock loss at a real estate developer weighing on Dubai and Egypt dropping for a sixth straight day. Union Properties sank 4.3 percent to 0.82 dirham after it reported a 2.29 billion dirham net loss...
BISMARCK, N.D.— North Dakota regulators offered Monday to settle state allegations that the Texas- based developer of the Dakota Access oil pipeline improperly reported the discovery of American Indian artifacts during construction. The state Public Service Commission last November proposed a fine of at least $15,000 against Energy Transfer Partners,...
Aug 7- Private massages are one indulgence that Macau real estate developer Ng Lap Seng must forgo as a condition of staying in his luxury Manhattan apartment after being convicted of bribing United Nations officials, a U.S. judge ruled on Monday. District Judge Vernon Broderick in Manhattan said at a court hearing that the 69- year-old billionaire could no...
CAIRO, Aug 5- Egypt's investment and housing ministers met Egyptian property developer Emaar Misr on Saturday to discuss future investments by prominent Emirati businessman Mohamed Alabbar, the investment ministry said. The UAE investor was meant to lead a mega-project to build a new capital 45 km east of Cairo, but Egypt and Alabbar failed to close a deal in...
BANGKOK/ HONG KONG, Aug 2- Mainland Chinese are snapping up more properties in Thailand for both personal and investment purposes, after being priced out of the market in big cities at home, developers in the Southeast Asian country said on Wednesday. With its beaches, varied street food and ancient temples, Thailand has become a holiday favorite with Chinese...
*Bluechips main drag on Qatar, Abu Dhabi. DUBAI, July 31- Saudi Arabia's stock market index recorded its sixth straight session of declines on the back of weak second-quarter corporate earnings, but Dubai outperformed a weaker region as bluechips rose. Its peer Aljouf Agricultural Development dropped 4.8 percent after its second-quarter net income shrunk by...
*Abu Dhabi Commercial Bank falls after quarterly earnings. *Saudi's Alinma Bank, Arabian Shield rise after earnings. DUBAI, July 23- Islamic finance firm Amlak helped to boost Dubai's stock market on Sunday while Qatar pulled back after events at the weekend failed to point to progress in resolving the diplomatic crisis between Doha and neighbouring states.
Homebuilder confidence falls sharply due partly to fears over rising material costs.
Vivencio Dizon, CEO of the Philippine Bases Conversion and Development Authority, talks about how former military bases are being given new leases on life.
SOHO China's CEO Zhang Xin said that being married to her company's partner was made "difficult" by a difference in their cultures.
NEW YORK, July 4- A new fund led by Greystar Real Estate Partners, the largest operator of apartments in the United States, will acquire luxury U.S. apartment developer Monogram Residential Trust Inc in a deal valued at about $3 billion, the companies said on Tuesday. Plano, Texas- based Monogram owns, operates and develops luxury apartment communities in coastal...
NEW YORK, July 4- A new fund led by Greystar Real Estate Partners will acquire luxury U.S. apartment developer Monogram Residential Trust Inc in a deal valued at about $3 billion, the companies said on Tuesday. Monogram owns, operates and develops luxury apartment communities in coastal markets including South Florida and Boston. The new fund led by Greystar,...
HONG KONG, June 29- Real estate developers say a slew of new regulations governing many land auctions in China is threatening the business model most of them use, and is likely to speed up the consolidation of the industry through more joint ventures and takeovers. The measures, which are widely seen in the industry as representing the most stringent tightening...
HONG KONG, June 29- Real estate developers say a slew of new regulations governing many land auctions in China is threatening the business model most of them use, and is likely to speed up the consolidation of the industry through more joint ventures and takeovers. The measures, which are widely seen in the industry as representing the most stringent tightening...
LONDON, June 28- Korea Electric Power Corp is in talks to buy a stake in Toshiba's NuGen nuclear project in Britain, a KEPCO executive said on Wednesday, a move that could throw the troubled project a life-line but also delay its start. NuGen, in Moorside, northwest England, is expected to provide around 7 percent of Britain's electricity when built, but has been...
TORONTO, June 27- The name Trump will be removed from a high-rise hotel and condo development in downtown Toronto after the project's new owner, JCF Capital ULC, reached a deal with Trump Hotels to buy out its management contracts for an undisclosed amount. In a statement announcing the buyout on Tuesday, JCF Capital did not say whether it had reached a deal yet with...
BEIJING, June 14- Annual growth in China's real estate investment slowed in May, the first falloff in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments. New construction starts measured by floor area, a telling indicator of developer confidence and correspondingly volatile, grew 9.5...
NEW YORK, June 12- Billionaire investor Warren Buffett will travel to New York this week to help Israel sell government bonds, the underwriting agency for the bonds said on Monday. Development Corporation for Israel, which underwrites the bonds in the United States and is commonly known as Israel Bonds, said Buffett will meet privately on Thursday with U.S.,...
