PropertyO News
Commercial property, Oct 2009
Germany looks to us
Germany's biggest insurer, Allianz SE, is circling like a vulture ready to snap up real estate bargains in the US commercial property market as values continue to slide and banks move to foreclose on more distressed borrowers...
Tue, Oct 20, 2009
Hotel of doom rises again
Its brazen outline has towered over Pyongyang for more than two decades. Sitting empty and unfinished, the Ryugyong Hotel is regarded as an example of communist folly. It has variously been called ''the hotel of doom'' and ''the worst building in the world''...
Mon, Oct 19, 2009
Whsmith looks to india
Retailer WH Smith said it would return up to 35 million pounds to investors, as it met forecasts with an 8 percent rise in full-year profit and announced plans to move into India...
Fri, Oct 16, 2009
Hilton seizure
The US-based Hilton hotel chain is "evaluating" the Venezuelan government's seizure of one of its hotels on the Caribbean resort island of Margarita, a spokeswoman said yesterday...
Thu, Oct 15, 2009
Spanish secret
A new luxury Spanish property resort described as ‘the best kept secret in Andalucía' is set to be unveiled this week by the Lería Group...
Thu, Oct 08, 2009
Samoan hotels close
The Samoan Tourism Authority (STA) has published a list of all the resorts and hotels that have closed in the aftermath of last week's earthquake and tsunami...
Wed, Oct 07, 2009
India commercial ‘taking off'
A surge in demand for office space in India is set to revolutionize the commercial property market by 2013, it is predicted - according to an investment report from consultants Cushman & Wakefield, the pan Indian demand for office space is expected to grow to 196 million square feet...
Wed, Oct 07, 2009
Mcmona lisa
Paris - the elegant home of fine dining, art, culture, stunning architecture and, er, McDonalds - yes, that's right, the French capital has its fair share of the fast food giant and, whilst that may not be a surprise to you, how about a new branch of the Golden Arches in the celebrated Louvre Museum on Paris' Right Bank...
Tue, Oct 06, 2009
Australasia: hot property
One of the most valuable properties in Australasia has been put up for sale at a secret asking price - Eagles Nest on the Russell peninsula in New Zealand's stunning Bay of Islands boasts 15 bedrooms and 20 bathrooms and is already attracting interest from investors as far away as the UK and Singapore...
Tue, Oct 06, 2009
Marrakesh's facelift complete
Marrakesh's Mamounia hotel opened its doors on Tuesday after a three-year facelift aimed at fending off rival establishments trying to lure its free-spending guests...
Mon, Oct 05, 2009