News Archive: 2010

23, 2010 July:

Development finance 'crucial' to economic recovery

Berwin Leighton Paisner's second Real Estate Development report, based on a survey of 100 key players across the market, has found a common view that development finance will be crucial in helping break the deadlock and restore property sector activity to previous levels...

22, 2010 July:

Aussies chase NZ's themepark

Queensland theme park operators are being tipped as possible bidders for Auckland's Rainbow's End...

21, 2010 July:

Dubai developer backs out of Malaysia

Limitless, the property arm of struggling state conglomerate Dubai World which was set up to expand overseas business, is backing out of a plan to build hundreds of luxury homes in Malaysia as it looks to shore up its finances...

EU commercial investment rising

European commercial real estate investment turnover reached €23.5 billion in the second quarter of 2010, a 15% increase on the €20.3 billion transacted in the first three months of 2010, according to the latest data from CB Richard Ellis (CBRE)...

20, 2010 July:

Siesta hotel to open

If you saw a hotel offering bookings by the hour, you would probably question its respectability. But new accommodation in Argentina is doing just that - with a view to helping people enjoy a siesta...

Big Apple: 1st major new hotels for 8 years

InterContinental opened its much-anticipated New York property in the heart of Manhattan July 12, the latest in a string of high-profile openings for the city...

15, 2010 July:

UK's largest estate up for sale

Knight Frank has just launched the historic 23,315-acre Lake Vyrnwy Estate in Wales' Cambrian Mountains...

09, 2010 July:

New airport for India

India inaugurated a multi-billion-dollar airport terminal in New Delhi on Saturday -- a shiny glass and steel symbol of the country's aspirations as an emerging global power...

Uni of Sussex library redesigned

World leading education and community facilities designer Woods Bagot will add the University of Sussex's Library interior revitalisation to its expanding portfolio of new age designs for the ‘agile student', supporting progressive pedagogy, due to be completed in Spring 2011...

08, 2010 July:

Grand reopening of Savoy

The Savoy, one of London's most historic hotels, will reopen on 10/10/10 after a renovation that has taken almost three years. More than 1000 workers have been employed on the project....