Anna Spiewak
INTERNATIONAL: Singapore’s Massive M-F Complex Wins CTBUH Urban Habitat Award
The Council on Tall Buildings and Urban Habitat has announced The Interlace, a sizeable residential development in Singapore, as the winner of the first ever Urban Habitat Award.
Economy Watch: Citi Pays Fine for Subprime Misdeeds; Oil, Gas Prices Edge Down
Citigroup will pay $7 billion to settle charges levied by the U.S. Department of Justice for securitizing and selling vast numbers of bum mortgages to investors in 2006 and ’07. The price of oil and gas continues to slide.
INTERNATIONAL: Dubai Holding, Local Authorities Unveil Plans for New City, World’s Largest Indoor Mall
Developer Dubai Holding and local authorities have unveiled plans to build an entertainment district along with an 8 million-square-foot mall in the largest city of the United Arab Emirates.
INTERNATIONAL: Leyou Chain Store, SF Express Lease 441 KSF at Goodman Landport Logistics Estate in China
The Goodman Group has signed leases with two tenants at Landport Logistics Estate: Leyou Chain Store which will occupy 247,570 square feet and SF Express, which signed up for a total of 193,750 square feet in Tianjin, China.
Transwestern to Manage KBS’ 490 KSF of Office Buildings in Metro Seattle
KBS has tapped Transwestern to manage two of its Class A office buildings, at 10800 and 10900 N.E. 8th St. in Bellevue, Wash. CBD.
INTERNATIONAL: IHG, Hilton Worldwide Expand Operations in UAE
InterContinental Hotels Group and Hilton Worldwide will both be expanding their portfolios, with IHG signing two new management contracts for facilities in Abu Dhabi, while Hilton has officially opened a new Dubai hotel.
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