Saturday, 16 November 2024

Commercial

'KKR Buys Colonie Center Mall in Albany,NYC, with Partners

KKR & Co. LP, a global private equity firm has purchased the Colonie Center Mall in the Albany region of New York City, partnering with a group of other investors including Pacific Retail Capital Partners, Peter Fair and Collarmele Partners. The amount of the purchase is not revealed.

'Gisele Bundchen and Tom Brady Home Hunting in New York

Supermodel Gisele Bundchen and her quarterback husband, Tom Brady are allegedly looking for a home in the West Village area of New York.

'Sydney’s Rainbow Crossing: Landmark or Danger Zone

The rainbow walk that was commissioned in early February to celebrate the 35th Anniversary of Lesbian and Gay Mardi Gras Fete on Oxford Street, Sydney, Australia is slated to be torn up as it is posing to be a major traffic and safety hazard. However, citizens have filed a petition against the government’s decision stating that the walk should be made a permanent landmark of the city.

EDITOR'S PICKS

'JPMorgan Chase CEO Jamie Dimon Buys NYC Office Space for $2.05 Million

Chairman and Chief executive of multinational financial corporation JPMorgan Chase, Jamie Dimon has reportedly purchased office space on the ground floor of his Manhattan Park Avenue Building for a good $2.05 million.

By Rapti Gupta
'Top Cheap Vacation Destinations for the Summer (SLIDESHOW)

Summer is arriving soon and if you are wondering on how to beat the heat this time, consider travelling to some of the most chilled out places in the world where summer is fun. So if your idea of fun is something that does not involve backpacking through the Grand Canyons or simply whining about how sweaty and humid the climate is, take a peek at the list of some of the most affordable travel destinations for the summer of 2013:

By Rapti Gupta
'China to Allow Cruise Tours to Disputed Paracel Islands on South China Sea

China is gearing up to open the disputed Paracel Islands on South China Sea for cruise tours from May, 2013. The Paracel Islands are a part of China’s brand new establishment, Sansha City which is controlled by the government of the Hainan Province.

By Rapti Gupta
'Gleaners’ Kitchen: Eating At a Restaurant That Serves “Rubbish”

Eating out at a restaurant or takeaways may be the fad of the century but would you ever eat at a place that served you food “free of cost” from ‘rubbish’- literally?

By Rapti Gupta
'Mitsubishi UFJ to Acquire US Property Loans of Deutsche Bank worth $3.7 Billion

Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG) is in advanced talks with Deutsche Bank to purchase U.S. property related loans worth around $3.7 billion from its real estate unit, PB Capital Corp.

By Rapti Gupta
'Samsung to Open “Experience Stores” in 1400 Best Buy Stores

The cut-throat competition between consumer electronics giants Samsung and Apple Inc just notched up a little higher. Samsung is all set to open retail boutique stores called “Experience Stores” in 1400 Best Buy Shops all across the U.S. throwing a direct challenge at Apple.

By Rapti Gupta
'The Facebook House, Some Real Features

Given that we are all addicted to Facebook and it might as well be called our virtual dwelling, the idea of how a home would actually look like, if they suddenly decide to design one, crept into the minds of the folks at “ Joy of Tech” – a webcomic.

By Rapti Gupta
'Fictional Hogwarts Castle Value Estimated at $204 Million

Harry Potter Fans, hold on to your real estate “Thestrals” because Hogwarts just got a brick and mortar value estimate. The famed fictional school of witchcraft and wizardry, if made real, would most likely fetch, around $204,102,000!

By Rapti Gupta
'Investa Property Group Plans Office Purchases worth $523 Million in Australia

Investa Property Group, a Morgan Stanley owned commercial real estate firm just declared that it will be investing around $523 million for office purchases across the Australian region. The announcement comes on the re-surging growth of commercial real estate in the country.

By Rapti Gupta
'Construction on New Transbay Transit Tower in San Francisco Breaks Ground

Construction on the brand new Transbay Transit Tower recently broke ground ceremoniously in San Francisco. The building will be the tallest structure of the city and the seventh tallest in the U.S. upon completion. Work on the tower is slated to be completed by 2017.

By Rapti Gupta
'ABS Partners Real Estate and PBS Real Estate Announce Merger

ABS Partners Real Estate and PBS Real Estate have merged, the companies announced Thursday in a statement. The announcement comes on the heels of PBS co-founder Laura Pomerantz announcement that she will be leaving to start her own firm.

By Staff Reporter
'Sale of Small Home Appliances Spike on Real Estate Boom

The global real estate scenario is improving. While there are reports and studies being conducted on the effects that a boom can have on the economy, here is an interesting study that focuses on something more mundane: small home appliances.

By Rapti Gupta