Saturday, 16 November 2024

Commercial

'Atlanta Palm Hotel,Dubai Epitome of Luxury

Atlantis is the amazing place that has attracted the world's attention. Atlanta Palm Luxury Hotel, located here, offers 1,539 rooms. An arch has linked the Palm Dubai features two hotel towers together, while the most attractive point is Aquaventure of 42 acres of water-themed amusement. It has thrilled millions of travelers.

'Wadhwa in Mumbai Provides Swimming Pool in the Balconies of Aquaria Grande

Called the Aquaria Grande, the modern design of the building takes the luxury real estate scene in the city to a new level. It is the first design to introduce swimming pools on the balconies of a high rise apartment

'Existing-Home Sales Rise Again in January, Inventory Down

Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®.

EDITOR'S PICKS

'Nakheel to start selling again on Dubai’s palm island[PHOTOS]

Dubai developer Nakheel, which ran into financial trouble in 2009 and had to be bailed out by the government, is to start selling properties in its Palm Jumeirah project next month. It will be the first properties to be sold on the development since the property crash of 2008.

By Staff Reporter
'Inside Jennifer Aniston's $42 Million Beverly Hills Home

inside Jennifer Aniston's $42 million Beverly Hills home.

By Staff Reporter
'Bernanke Real Estate Outlook: Recovery of Housing Market arduous

The recovery of the housing market and economy has been slow and arduous. Legislators and leading economists alike know that housing is the key to helping jobs and Americans get back on their feet.

By Staff Reporter
'U.S. Pending Home Sales Rise 2 Percent in January

Pending sales of U.S. homes rose by two percent in January from the previous month, according to the National Association of Realtors, beating expectations.

By Staff Reporter
'Andrew Bers Earns CLHMS Designation for Expertise in Luxury Home Market

Andrew Bers of RE/MAX Alliance Group has earned the prestigious Certified Luxury Home Marketing Specialist (CLHMS) designation offered by the Institute for Luxury Home Marketing in recognition of his experience, knowledge and expertise in the luxury home market.

By Staff Reporter
'Commercial Real Estate Vacancy Rates Improving, Rents Firming

All of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord's market commanding bigger rent increases, according to the latest results of survey of the National Association of Realtors(NAR).

By Staff Reporter
'Sears Holdings will sell 11 stores for needed $770 million

Sears Holdings Corporation & General Growth Properties had reached a definitive agreement for the acquisition of 11 Sears anchor pads with its portfolio for $270 million on Thursday.

By Staff Reporter
'Buyer competition in prime Central London much fiercer

Sustained domestic and overseas demand for property in prime Central London has caused a further 25% drop in stock levels at the start of this year, reports property consultants Cluttons.

By Staff Reporter
'Toll Brothers remains positive despite a quarterly loss

Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, reported a FY 2012 first-quarter net loss of $2.8 million, or $0.02 per share diluted, compared to FY 2011's first-quarter net income of $3.4 million, or $0.02 per share diluted, according today's announced results of Toll Brothers.

By Staff Reporter
'Equity Residential Hikes Potential Bid for Archstone Stake to $1.48B

Real estate mogul Sam Zell's Equity Residential (NYSE:EQR) has raised its minimum bid for a 26.5 percent stake in the long-running battle for control of Archstone, owner of more than 70,000 U.S. apartment units. Earlier this week, the minimum bid was raised to $1.48 billion from $1.32 billion by Bank of America Corp. and Barclays Plc, which own the minority stake in the company. The banks also extended the deadline for Equity's option to buy the stake to April 19 from Feb. 19.

By Staff Reporter
'BGC Partners to Buy Grubb & Ellis as Brokerage Files for Bankruptcy

Howard Lutnick's BGC Partners Inc. (NASDAQ: BGCP) has agreed to buy the commercial real estate brokerage Grubb & Ellis Co.(PINK:GRBE), which will file for Chapter 11 bankruptcy protection after declining revenue from the commercial real estate bust.

By Staff Reporter
'Freddie Mac will sell $1.5 bln bills on Tuesday

Freddie Mac said it would sell $1.5 billion bills later today.

By Staff Reporter