Blackstone purchases the Hughes Center complex in Las Vegas
Blackstone paid Crescent Real Estate USD347 million for Hughes Center complex.
Basic Materials
Cocoa Prices Push Near Record Levels As Global Shortage Continues to Impact Market
Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana.
Home Depot to Open 4 New Distribution Centers for Home Professionals
Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals...
Tech Envy on Business Sector
A poll of tech worker habits by software firm Nintex revealed that public and private sector employees are hungry for automation, and rely on mobile apps and the cloud to get work done...
Outlining Strategies
The NEC had alrady laid an outline strategy regarding on how to boost kery service sectors...
Latest News
Xinyuan Real Estate receives USD109 million investment from TPG Capital
A USD109 million investment was made by TPG Capital in Xinyuan Real Estate.
Empire State Building REIT files IPO
The Empire State Realty Trust Inc. whose properties include the Empire State Building had filed to raise a hefty USD1.07 billion in proceeds, according to a regulatory filing today.
Re/Max Holdings Inc set to do IPO
The Re/Max Holdings IPO projected the revenues earned to reach USD241.5 million.
GMR sells 74% stake in Ulundurpet Expressways
On Wednesday, GMR Infrastructure announced it had sold its stake in its highway construction unit to India Infrastructure valued INR222 million.
London edifice may be sold off
One of the tallest towers in the London business district would be sold off as its ownership group are at odds over a loan contracted for the property.
Equity LifeStyle acquires Fiesta Key RV Resort
Equity LifeStyle Properties Inc. announced its acquisition of Fiesta Key RV Resort valued USD24.6 million and was paid with available cash.
Revenues from nontraded REITs for 2013 surpass previous highs
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
Huntsman Corp okays purchase of Rockwood's TiO2 business
Huntsman Corp said it would be buying the titanium dioxide pigment business of Rockwood Holdings for USD 1.1 billion.
Blackstone seeks IPOs after hotel sales accelerate
Blackstone Group LP decided to sell its shares in hotel chains following the increased sales of hotel properties in the US this year.
