Entertainment Properties Trust announced significant third quarter capital formation.
During the third quarter of 2008, Entertainment Properties Trust continued its successful access to both the debt and equity capital markets. The Company obtained new lender commitments for $177 million of debt financing and issued approximately $113 million of common equity through a registered public offering [...]
Thompson National Properties, LLC announced today that it has entered into an agreement to form a venture with Argus Realty Investors, LP that will manage substantially all of Argus’ existing portfolio and introduce new investment opportunities. As part of the transaction, many former Argus employees, including Dick Gee and Tim Snodgrass, will join the Thompson [...]
Up-front costs and lack of federal incentives remain obstacle to strong growth
Driven by consumer concerns over climate change and rising electricity prices, the U.S. small wind turbine market grew 14% and deployed 9.7 megawatts (MW) of new power generating capacity in 2007, the American Wind Energy Association (AWEA) said today in its annual small wind [...]
SPG Solar, Inc., The Gatorade Company, a division of PepsiCo (PEP), and Salt River Project (SRP) Earthwise Solar announce the largest solar energy initiative in Arizona at the Gatorade manufacturing and distribution facility in Tolleson, Ariz. NFL Star, Arizona Cardinals Quarterback Matt Leinart also joined Arizona government officials and representatives in making the announcement.
The photovoltaic [...]
Businesses from Spain’s Canarias region will take part in an international trade fair in Vietnam (Vietnam Expo 2008), scheduled from April 9-13, in order to increase their presence in the Southeast Asian nation.
Vietnam is now considered a replacement for neighbouring China in investment due to its lower production costs, particularly in footwear, wooden furniture and [...]
New York-based Firebird investment fund has bought a 40% share of the Tbilisi-based construction and real estate developer, Iberia, with the purchase of 11,000 newly issued shares.
The amount paid for the shares has not been disclosed.
Iberia said on January 21 it would use the investment to develop the company’s existing projects and to purchase land [...]
SNC-Lavalin ProFac Inc., a wholly owned subsidiary of SNC-Lavalin, Canada’s biggest engineering firm, has been awarded a contract by The Standard Life Assurance Company of Canada to provide facility management services for its investment real estate portfolio. The five-year contract begins on January 1, 2008, with options for renewals.
SNC-Lavalin ProFac was selected by Standard Life [...]
SABIC Innovative Plastics is investing significantly to expand production of its Lexan* polycarbonate multi-wall and solid sheet products for the construction and industrial markets across Europe, Middle East and Africa. The company will add production lines in three locations – Vienna, Milan, and Bergen op Zoom – to meet growing demand for Lexan structural [...]
As part of SABIC Innovative Plastics’ accelerating investments in new application and market development, the company announced the creation of a new Energy Center of Excellence at the company’s European headquarters in Bergen op Zoom, The Netherlands. The new facility, an expansion of SABIC Innovative Plastics’ existing Fluid Engineering Center of Excellence and part of [...]
Thousands of South Asian construction workers went on strike Sunday over harsh working conditions in the latest threat to a spectacular building boom already endangered by a falling currency and labor shortage.
While laborers have long complained about working conditions in this Gulf city known for its avant-garde skyscrapers, luxury dwellings and archipelagoes of artificial islands, [...]
Construction activity plunged in July by the biggest amount in six months as spending on homes fell for a record 17th straight month.
The Commerce Department reported Tuesday that construction spending dropped 0.4 percent in July, compared with June, the weakest showing since a 0.6 percent fall in January.
It was a bigger drop than economists had [...]
Cincinnati-based architectural, engineering and interior design firm KZF Design Inc. elected William H. Wilson III its new president and chief executive officer. Wilson, formerly the vice president of technical operations and senior project architect with the company, has been with KZF for 22 years.
He’s a University of Cincinnati graduate. During his years at KZF, he’s [...]