NTT Urban Development Corporation whose HQ is in Chiyoda-ku, Tokyo, has announced its acquisition of London’s 265 Strand through its UK subsidiary UD Europe Limited.
Alcorn said that the purchase of the property was a key first step but noted much work needs to be done before the group can realize its goal: “to create a fitting memorial to Tesla and a science center to benefit the entire world.”
The Dubai Land Department (DLD) has announced its plans to launch a new criteria and certification fro the construction of green buildings during the upcoming Arab International Sustainable Real Estate conference which is set to take place in May.
Properties in Spain are continuing to be in demand especially from second home buyers who are taking advantage of the low prices in the country.
The Hong Kong Development Bureau announced that reclamation sites in Sunny Bay, Lung Kwu Tan, Ma Liu Shui, Tsing Yi Southwest, Siu Ho Wan and somewhere between Lantau and HK Island will be transformed into the country’s artificial island reclamation.
As the financial crisis gets worse by the day, more and more Russians who own properties in Cyprus are finding ways to retain it while those who are keen to do so are currently putting their plans on hold to see if the situation will turn around for the better.
Due to this growing situation, FNB Commercial Property Finance, in conjunction with Kiron Projects, has launched the Windmill Park Project in Boksburg.
Based on Knight Frank’s latest Prime International Residential Index, Luxury properties in Thailand has continue to receive high demands by foreign investors.
According to sources familiar with the sale, the US-based Loews Hotels & Resorts acquired the 225-room, four-star hotel in Boston from the Irish-owned Doyle Group.