Kardan NV has announced that it has won an auction with a local partner to acquire land with construction rights of about 109,000 square metres in the city of Hangzhou in China.
Kardan will pay 40 million euros for the 10,400 square metres of land together with partners, including Geely Group Co. Ltd, which will hold [...]
The Karnataka government will not auction the 409 acres of excess land acquired for Bengaluru International Airport (BIA) at Devanahalli on the outskirts of the city, but give it out on lease, Minister for Tourism and Infrastructure Development, G Janardhan Reddy stated today.
“No question of auction. It will only be given on a lease basis,” [...]
Dubai - Freehold office space and residential penthouses on Palm Jumeirah went under the hammer yesterday at an auction managed by IFA Hotels & Resorts and joint venture partner Nakheel. The sale of approximately AED 300 million at The Palm Golden Mile marks the first availability of freehold office space at one of the world’s [...]
Southeast Asia’s top two property firms are set to report strong growth in full-year 2005, with fourth-quarter earnings boosted by divestments and improved home sales.
CapitaLand Ltd. (CATL.SI: Quote, Profile, Research) is likely to report on Thursday that full-year net profit more than doubled to S$748.7 million, according to Reuters Estimates, although the fourth quarter is [...]
