News

London’s Royal Dutch Shell Center Redevelopment Plans Approved

A redevelopment plan of the site at Royal Dutch Shell Center on the southern banks of River Thames has been given the green light by the local council. Canary Wharf Group, a popular construction firm and Qatari Diar, a sovereign wealth fund of Qatar will be developing the site in a joint venture.

China’s Sky City One to Break Ground in June; To Be Completed in 210 Days (VIDEO)

“Sky City One”, the future tallest skyscraper of the world is all set to break ground in June 2013, according to The Broad Sustainable Group, developers of the building. The Group announced in a statement that it has received all building permits and approval to start construction on the 2749 meter high-rise and will complete building in 210 days.

BlackRock to Buy Real Estate Firm MGPA

BlackRock Inc., the world's largest asset manager, announced Tuesday an agreement to acquire MGPA, a London-based private equity real estate investment manager.