Commercial real estate services company CBRE Group Inc. has agreed to acquire the Global WorkPlace Solutions business of Johnson Controls Inc. for $1.475 billion in cash, the two companies said on Tuesday. Johnson Controls, who provides on-site staff for managing and maintaining commercial buildings, decided to sell its Global WorkPlace Solution unit, which manages 1.2bn sq ft […]
The Nicaraguan government and China’s HKND Group on Monday announced the construction of a new $50 billion shipping canal linking the Pacific and Atlantic Oceans, an infrastructure project that aims to revitalize the economy of the Central American country. “Today, the work that later will lead us to the beginning of that majestic … project, known […]
Emaar Properties, the only Dubai-based developer to have survived the intensive property crash without an annual loss, raised $1.6 billion in its initial public offering, United Arab Emirates biggest IPO since 2007. Emaar Malls Group shares were valued at the highest point of the extent, with individual and institutional investors battling to get hold of […]
U.S. Homebuilder’s confidence was at its optimum in August with the advent of improving job market and declining home loan rates improved the stance for more sales. The National Association of Home Builders builder confidence index for single-family homes rose two points to 55 in August. This has been the indicator’s second continuous month to […]
The International Union of Architects has unanimously embraced ‘2050 Imperative’ a declaration focusing on the eliminating of carbon dioxide emissions in the environment thereby executing environmental and social sustainability. The 2050 Imperative, was introduced by Australian Institute of Architects CEO David Parken, was exhibited last Friday at the UIA World Congress in Durban, and perceives […]
(Image Source: John Gollings) A magnanimous Australian architecture firm as of late divulged what may be the most spectacular and futuristic municipal facility on Earth (might be the only coolest looking office on the planet) the ethereal Lotus Building in the city of Wujin, China. The ‘Lotus Building and People’s Park’ project, covers […]
(All Image Courtesy of SPARK Architects) SPARK architects has presented ‘the solar orchid’, an outline for a floating hawker center equipped for involving waterscapes over the globe, giving visitors a spot to eat and socialize. The self-sustainable, solar-powered pods endeavor to rejoin the island country of Singapore with its harbor, while reinterpreting a traditional and […]
World Expo has always been one of the most noteworthy international exhibitions of all time. Ever since its inception, nations exhibiting embody elements of all the three eras – industrialization, cultural exchange and nation branding to demonstrate new inventions. For the coming World Expo 2015 in Milan, Italian architectural firm, Nemesi & Partners, has revealed […]
Godfather of British Fashion, Sir Paul Smith is usually associated in the public eye as multi-millionaire clothing impresario. In what comes as surprise in the world of architecture is that the British Art patron is set to team up with Wolfgang Buttress to design the UK pavilion for the 2015 World Expo in Milan. The […]
In an effort to keep the world’s second largest economy on track for steady growth, China’s leaders have adopted new measures to accelerate spending on railway lines, upgrade housing for low-income households and lower tax rates for smaller companies. The move comes as signs mount that China’s economy continues to be sluggish, increasing fears it may […]
One of the most compelling and evolved peculiarities of nature is sustainability. Nature is innocuous. It banks on diversity, fits form to function and rewards corporation. It is zero-waste, zero-energy. It curbs excesses from within. Mocking as it, nature’s own children are struggling to incorporate lessons from nature’s 3.8 billion years of innovation. Human curiosity […]
When traveling, it is always important to book a comfortable, efficient, and welcoming hotel that helps you relax and makes you feel like home. Radisson Blu, the upper scale brand for Radisson Hotels, not only gathers the entire previous criterion but also adds a couple of stars.
This Wednesday was a tough day for both Boeing Co. and unionized machinists in Washington State; we might even call it a never ending day, since final outcome of the past events still isn’t familiar. What will happen with union’s 31,000 workers or Boeing’s presence in Washington State or even U.S. overall is still not familiar. The concern took place when Boeing Co machinists yesterday rejected an eight-year labor contract extension and outcome of the rejection could cause the end of Boeing’s 97-year presence in the state.
Many of you must have experienced already how it feels like when you have to postpone all of your plans on Sundays, since many things don’t work in the same way as they do during the week. For some of you Amazon decided not to keep you wait for that package you would really needed before Monday. So starting from this week Amazon package could knock on your doors even on Sundays.
Apparently, the UK construction sector is slowly rising like a phoenix from the ashes as the newest findings showed that the segment finally recorded modest growth in May. Without a doubt, good news was brought as house building activity significantly strengthened.
Touted as one of the largest investment to be made by ABP China Holding Group, the new business gateway, which is to be developed on 35-acres of Royal Albert Docks by the company, will be the ‘third largest financial district in the capital.’ A news byte by Greater London Authority discusses the project and underlines that the venture would generate £23 million in business annually.
Newest data showed that China witnessed an increase in new home prices in 66 of 70 Chinese major cities in February, raising concerns over the prospects of economic growth. Unquestionably, the new leadership will have to face all challenges caused by increases in new home prices and real estate speculation.
On the 14th of March, California authorities issued an initial project which included a prime proposal to reform the Sacramento-San Joaquin Delta in an effort to secure water supply across the state. In addition, the documents of the Bay Delta Conservation Plan centrally focused on the California Governor Jerry Brown’s multi-billion suggestion to bring back the equipoise of the ecosystem and provide stable water supply for the state.
The Confederation of British Industry, UK’s leading lobbying organization, suggested that the forthcoming 2013 Budget should be centrally focused on creating around 50,000 new homes in order to reduce fiscal deficit. Moreover, the British Chambers of Commerce supported the plea put forward by the CBI to promote infrastructure.