Business Specialties Development
Dubai Skyscraper Delayed
March 26, 2008

The Burj Dubai tower will not finish on time this year, according to an Associated Press report. Emaar Properties, the developer, now estimates it will be topped off in 2009. No reason was given for the delay, other than a statement that quality was paramount in such a building. When done, the tower will be the world's tallest building.

 
Recent Development Headlines
Hotel Construction Pipeline Sluggish Throughout EMEA Region
June 05, 2009
Not surprisingly, the global recession is negatively impacting hotel development throughout Europe, Middle East and Africa regions, according to Lodging Econometrics' Q1 2009 construction pipeline report for the region.
Orinda, Octagon Eye Strong Area Fundamentals for Atlanta Conversion Project
June 04, 2009
The nationwide downturn in employment is chipping away at demand in the apartment market, but there are still those communities here and there where the call for more rental accommodations remains relatively strong. To that end, Orinda Corp. and Octagon Capital Partners, having found just such a community, have acquired a 350,000-square-foot office building in a college-laden district of Atlanta for a $35 million apartment conversion project.
 
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?CPN Executive Outlook? A roundtable discussion on market strategies with John C. Cushman III, Chairman of Cushman & Wakefield, Inc., Gordon DuGan, President and CEO of W. P. Carey & Co., and Mark Rauenhorst, Chairman and CEO of Opus Group.; CPN; Cushman & Wakefield; Gordon DuGan; John C. Cushman III; Mark Rauenhorst; Opus Group; W. P. Carey & Co.; Eugene Gilligan, Senior Editor for Commercial Property News interviews Bob Bach, National Director, Market Analysis Grubb & Ellis Company at Multi Housing World.; Bob Bach; Commercial Property News; Eugene Gilligan; MHN; Multi housing news; multi housing world; hompage