Category: Construction & Building Materials
Embassy Office Parks, a joint venture of private equity firm Blackstone Group and commercial developer Embassy Group, is set to file papers with SEBI to raise INR 5,250 crore through a Real Estate Investment Trust (REIT) listing. As per trusted sources, the REIT will be …
The Singapore-based real estate investment firm Keppel-KBS US REIT has reportedly announced to have signed a deal with KBS SOR Westpark Portfolio, LLC to purchase the Westpark Portfolio for around $169.4 million. Reports cite, the acquisition would grow the company’s presence across the city and …
The Texas-based airline major Southwest Airlines, has reportedly made it to the front page for having announced its decision to co-fund a novel maintenance facility at the Washington International airport. The capital, close to USD 130 million, will be used to better meet the needs …
Russian company VSMPO-Avisma, which is the world’s largest titanium producer, and U.S. aircraft manufacturer Boeing have reportedly opened a new titanium manufacturing unit in the Sverdlovsk region of Russia’s Urals. The joint venture is expected to receive an investment of $82.3 million (5.5 billion roubles), …
The British government has made an announcement saying it will fund a project which is aimed at developing building materials and coatings that will produce electricity from heat and light. According to a spokesperson, an association piloted by Swansea University is developing the technology and …
Mayo Clinic, a nonprofit academic medical center based out of Rochester, Minnesota, has reportedly announced that it plans to invest $190 million as part of a project to add another 11 floors to the Gonda Building. The expansion would make the building the tallest in …
