Posts Tagged ‘property developer’

Fairmont Hotels & Resorts Debuts in India

Saturday, September 6th, 2008

Fairmont Hotels & Resorts has been appointed to manage a hotel in Hyderabad, in the capital city of the Indian state of Andhra Pradesh. The property joins the company’s collection of landmark hotels as the first Fairmont property to be announced in India.
Opening in 2010, the Fairmont Hyderabad will feature 350 rooms and suites offering [...]

International Property Exhibition - 15th to 17th April, 2008

Thursday, March 27th, 2008

Oman International Trade & Exhibitions, leading organizer of exhibitions, conferences and events today announced its 3rd property and real estate exhibition, the International Property Exhibition (IPE) from the 15th to 17th April, 2008. Scheduled to be held at the Oman International Exhibition Centre, this three day event will showcase a full spectrum of services in [...]

W Hotel for Amman

Monday, December 24th, 2007

Starwood Hotels and Resorts Worldwide is to open a W Hotel in Amman after agreeing a deal with Jordanian property developer Saraya. The 280 room property will open in 2011 and it will be located at Saraya’s new headquarters. The W Amman will be the brand’s fourth hotel in the Middle East; a W Hotel [...]

SunCity to launch RM1.5b condo project in India

Tuesday, August 21st, 2007

PROPERTY developer Sunway City Bhd (SunCity) is ready to launch its RM1.5 billion high-end condominium project in Andra Pradesh, India, by the middle of next year.
The Sunway Opus Grand Residency project is a 3,400-unit condominium development located close to Hitec City IT Park, considered the second Silicon Valley of India.
This will enable SunCity to tap [...]

Japanese firm to launch condos

Sunday, July 8th, 2007

The Japanese property developer Thai Nissan Rinkai Mark Co Ltd plans to launch a high-end condominium worth 900 million baht to tap the high-end market, according to managing director Satoshi Kato.
The Rise Sukhumvit 39 will be located on a two-rai site on Soi Prommitr, Sukhumvit 39. It will have 77 units sized between 98 [...]

Hotel firm Vector forced to cut float price

Wednesday, June 6th, 2007

Vector Hospitality, the hotel real estate investment trust (REIT), has had to cut its flotation price and delay the launch by 24 hours to get its £2 billion London listing off the ground.
The cut comes after pressure from institutions who voiced concerns over potential conflicts of interest in the role of director Richard Balfour-Lynn and [...]

Singaporeans Queue for Days Before Condo Launch; Private Property Prices Soaring

Saturday, April 7th, 2007

Retired businessman Tan Phong is not only willing to fork out more than 1,000 Singapore dollars ($660) per square foot for a condominium apartment, he will even queue overnight on the street just to get his dream unit.
Singapore’s private property market is booming, and the rising prices have not dissuaded Singaporeans and foreigners alike from [...]

Fortnum & Mason in talks with glitzy New York hotel

Thursday, February 1st, 2007

The Queen’s grocer, Fortnum & Mason, is in talks to open a food hall at New York’s famous Plaza Hotel in the hope that the big apple’s wealthiest and most glamorous residents will develop a taste for gourmet hampers stuffed with British delicacies.
The Piccadilly-based retailer has held talks with El-Ad Properties, a Manhattan property developer, [...]

Merrill Lynch, Deutsche Bank, Temasek invest in Hengda Real Estate

Monday, January 29th, 2007

Merrill Lynch & Co., Deutsche Bank AG and Singapore’s Temasek Holdings invested US$400 million for an 8% stake in Chinese property developer Hengda Real Estate Group, the state-run Shanghai Securities News reported Monday.
Hengda Real Estate may attract another US$500 million from overseas investors before its planned overseas initial public offering, the report said, [...]

Premsiri launches first condominium project

Wednesday, January 17th, 2007

The new property developer Premsiri Co is optimistic about the outlook for the Thai property market with the launch of its first condominium project in the Kaset-Navamin area. The 1.2-billion-baht Premsiri Boutique Park, situated on a seven-rai plot on Kaset-Navamin Road about 600 metres from the Kaset intersection, will comprise four nine-storey buildings with [...]

Kiev becomes latest property hotspot

Wednesday, January 10th, 2007

When you think about property hotspots in Eastern Europe, Prague, Warsaw or even the Baltic states may spring to mind.
Few people would necessarily put the capital of Ukraine in the same category.
Yet Kiev is now believed to be the most expensive city in Eastern Europe in which to buy a home.
Prices increased by 10-25% in [...]

Singapore Sentosa Cove To Launch Condominium Site Tender

Wednesday, January 10th, 2007

Sentosa Cove Pte. Ltd. said it will launch a tender Tuesday for a condominium land parcel on Singapore’s Sentosa island.
The 157,108 square foot site may be developed into a condominium eight stories high, yielding a total of 200 units, the company said in a statement on Monday.
Sentosa Cove is a wholly owned unit of Sentosa [...]


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