Thursday, April 3, 2008

Emirates Investment Group

Emirates Investment Group, a leading investment company, has announced 'Sana'a Terraces' and 'Sana'a East' as its maiden projects in Yemen.

The signature projects that EIG plans to launch in Yemen, will fall in prime locations. Strategically situated 10 kilometres away from the new airport expansion, 2.5 kilometres to the east of Old Sana'a City, the plush Sana'a Terraces overlooks the Movenpick Hotel Sana'a, one of the most exclusive hotels in the Yemeni capital.

source: http://www.tradingmarkets.com/.site/news/Stock%20News/1250235/

HABICO TOWER IN VIETNAM

The 36-storey HABICO Tower at 288 Pham Van Dong Street, Tu Liem District, Hanoi, was financed by the Hai Binh Joint Stock Company. It will be managed by the Korean Group Dongriwon Development Inc.

source: http://www.tradingmarkets.com/.site/news/Stock%20News/1250235/

AUSTRALIA'S GOODMAN, BRICKWORKS

Integrated property firm Goodman Group (ASX:GMG) and Brickworks Ltd (ASX:BKW) have agreed to develop a western Sydney industrial estate.

source:http://www.tradingmarkets.com/.site/news/Stock%20News/1250235/

Sunway City Berhad (SunCity) (KLSE: 6289)

Sunway City Berhad (SunCity) (KLSE: 6289) on Tuesday said it has teamed up with South Korea's Daol Trust & Fund Company Limited to explore for real estate investment opportunities in Asia and Europe.

source: http://www.tradingmarkets.com/.site/news/Stock%20News/1250235/

Mirvac

Marvic working with Dubai-based Nakheel on residential, commercial and retail developments, to redeploy people and capital, as Australia's property sector slips into downturn..

Nakheel raised its stake in Mirvac to 12.5 per cent.

Nakheel to launch Dubai-listed housing and infrastructure property trusts.

Mirvac is partnering Nakheel in its bid for the development of the massive Barangaroo regeneration project in the Sydney CBD.

Mirvac is also working with Abu Dhabi conglomerate Al Badie Group.

read more in http://www.theaustralian.news.com.au/story/0,25197,23474015-25658,00.html