As we all know Ayala is one of the world’s largest leading company in hospitality business. The Ayala group has recently established a new company. it’s called Greenhaven Property Ventures, with the total initial capitalization of P850 million. Greenhaven, as it written on the documents filed with the securities and exchange commission, will purchase, develop, [...]

Dubai’s government bolstered its holdings of New York City real estate, announcing Sunday that its Istithmar PJSC holding company had purchased a majority stake in Manhattan’s five-star Mandarin Oriental hotel.
The US$340 million (euro260 million) purchase of the Mandarin Oriental, part of the Time Warner Center on Manhattan’s Columbus Circle, adds to the growing U.S. [...]

Bunker Hill will be the home of a five-star Mandarin Oriental hotel as part of the $2.05 billion Grand Avenue project, officials announced last week.
Related Cos., developer of the Grand Avenue project that will stretch along the top of Bunker Hill and include approximately 2,600 housing units and 449,000 square feet of retail, said that [...]

A New York lawyer is suing a leading London hotel after he and his wife were attacked by bed bugs.
Sidney Bluming and his wife Cynthia are seeking several million dollars in damages from the Mandarin Oriental Hotel Group in the action filed at the US District Court, Manhattan.
The couple claim they suffered hundreds of bites [...]

A hotel in London’s Hyde Park is being sued by a New York couple who allege they were bitten by bed bugs while staying there last year.
The Daily Mail reported New York lawyer Sidney Bluming and his wife, Cynthia, are suing the Mandarin Oriental Hotel Group over the alleged attack, which left them covered in [...]

A London hotel that counts itself among the world’s most luxurious and prestigious has been sued by a lawyer who says he and his wife were attacked by bed bugs during a stay there last spring.
Sidney D Bluming and his wife, Cynthia, are seeking several million dollars in damages from the Mandarin Oriental Hotel Group [...]

Dallas’ high-rise condo boom appears to be peaking.
With construction costs soaring and investors pulling out of the housing market, several residential tower deals have been killed and others are in doubt.
“Construction costs have risen a lot faster than sales prices of condominiums,” said Jonas Woods, president of Victory developer Hillwood Capital. [...]