REAL ESTATE

October 11, 2018

Old Mutual unbundling cited for Old Mutual Decline

DURBAN – Old Mutual (OMU) fell more than 26 percent in early trade on the JSE yesterday, a move analysts attributed to the managed separation it embarked on last year.

The share price ended the day 1.01"...

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October 7, 2018

Helsinki Building Up: Helsinki High-Rise Competition finalized

(AETOS Wire) -- The Helsinki High-rise Competition has been finalized. YIT’s proposal Trigoni has been put forward as the winner of the international Pasila Tower Area architecture and implementation competition.

The"...

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October 4, 2018

Dangote sparks African real estate sector

Operators under the aegis of Africa Real Estate Society (AFRES), have described as “unquantifiable,” the contributions of the Chairman of Dangote Cement Plc, Aliko Dangote, in lessening the burden of unemployment through his contributions to the real estate sector of the African"...

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October 3, 2018

Talks to Resume Construction of Sirte-Benghazi Railway

A high-level Libyan delegation is reportedly planning to visit Russia soon to discuss resuming construction of the Sirte-Benghazi railway.

Nasir Shaglan, Economy and Industry Minister in the Government of National"...

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October 3, 2018

Henley & Partners Publishes Comprehensive Guides to Swiss and Austrian Relocation

(AETOS Wire)-- Henley & Partners, the global leader in residence and citizenship planning, has published two new guides to relocating to Switzerland and Austria, covering a range of topics relevant to ultra-high-net-worth (UHNW) and entrepreneurial individuals interested in moving to these countries. Dr. Juerg Steffen, Chief Operating Officer of Henley & Partners and editor of both books, says the publication of the guides is timely: “Today, following seven decades of rapid globalization, there are close to 260 million people living outside their country of origin, almost 50% more than there were in 2000. With greater international......

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October 2, 2018

Nairobi tops in Africa property market transparency survey

Kenya is among sub-Saharan African countries leading in transparency of the real estate market, South African-based real estate firms said in a joint statement.

According to JLL & LaSalle’s Global Real"...

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October 1, 2018

Place-Maker IMKAN Announces New Coastal Destination ‘Aljurf’ During Cityscape Global 2018

IMKAN, a property developer with a global outlook renowned for creating soulful places that enrich lives, has announced AlJurf, a fully integrated second-home destination along Sahel Al Emarat; the riviera situated in Ghantoot between Abu Dhabi and Dubai.

Construction"...

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October 1, 2018

Select Group Expands Hotel Portfolio with Acquisition in Liverpool

Select Group, UAE’s leading real estate development and investment company today announced that it has completed the acquisition of the iconic Echo Building located in Liverpool. Savills, jointly with development managers Paradigm Property"...

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September 30, 2018

Statement on U.S. Supreme Court Decision to Hear Rimini Street Appeal for $12.8 Million

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today issued the following statement in regard to the Oracle v. Rimini Street case: Statement: “On September 27, 2018, the United States Supreme Court granted Rimini Street, Inc.’s petition for review in Oracle v. Rimini Street appealing the decision of the Ninth Circuit Court of Appeals allowing an award of non-taxable costs as part of the final judgment awarded to Oracle by the U.S. District Court for the District of Nevada. The Company’s appeal......

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September 27, 2018

Select Group Acquires ‘niu Air Frankfurt Hotel’ From Project Developer GBI AG

Select Group is pleased to announce the acquisition of the 344-room niu Air Frankfurt Hotel from GBI AG, Germany’s largest hotel developer. Ideally located at Rebstock Park on Frankfurt's Leonardo da Vinci"...

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