Data showed that China-based property developer Greentown China Holdings has about RMB12-14 billion (approx. US$1.9-2.2 billion) in short-term debts due in 2012, including trust financing. In addition, its construction costs are estimated to...
Survey respondents to Aon Risk Solutions' 2011 Global Risk Management Survey cited senior management's intuition and experience as the primary method to identify major risks, the report underlines the importance for organizations to...
STRIP. A region along Puerto Rico's north coast will be off-limits to developers untila lawsuit filed by conservationists is resolved, an appeals court ruled, reports AP (Jan. 4, 2012): The ruling temporarily bars...
The Puerto Rico Supreme Court blocked construction of a primate-breeding facility in Guaynabo in a 6-3 ruling, reports Caribbean Business (Dec. 15, 2011). Bioculture Puerto Rico Inc. had turned to the court seeking...
HEADNOTE According to participants in the Chicago Fed's annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace below its historical average in 2012, following a year with an...
While the housing market has a long, hard road ahead of it, signs abound that the market is finally in the throes of a genuine, sustainable recovery. Among the key statistics and forecasts...
HEADNOTE Miles Roberts, group chief executive of DS Smith, international supplier of recycled packaging, is RISI's 2012 European CEO of the Year Miles Roberts, group chief executive of DS Smith, international supplier of...
Business was booming at specialty construction firm ProClad Inc. when founder Brad Hitzfield realized he needed to make some big changes. Revenue had reached $12 million in just five years, but profits were...
China's Hainan Airlines is starting to build a five-star hotel in this Belgian capital with a total investment of 50 million euros ($65.8 million). A ceremony to mark the groundbreaking was held on...
An apartment building spree downtown is getting fresh fuel with an $85 million development proposed for surface parking lots just south of the Cosmopolitan on the Canal. The plan--first reported on IBJ.com on...
Revenue for the fourth quarter of fiscal 2011 was $17.9 million, compared to $16.7 million for the fourth quarter of fiscal 2010. Net earnings for the fiscal year 2011 were $1.3 million or...
By Ha'aretz "The Arab world is in flames and the Security Council is dealing with construction permits in Judea and Samaria (the West Bank)," Israel's United Nations envoy Ron Prossor said in a...
Building permits for new construction of single family homes rose to 624 last year from 549 in 2010, marking a second consecutive year of growth, albeit modest . Residential building permits had been...
After showing struggling business conditions for most of 2011, the Architecture Billings Index (ABI) has now reached positive terrain in consecutive months. "We saw nearly identical conditions in November and December of 2010...
Robert Gray, owner of Robert Gray Partners Inc. in Tualatin, has a bone to pick with the state. Since starting his small commercial construction company nearly 50 years ago, Gray, 81, has seen...
Multif amily home construction will still lead the way in 2012, according to Jeffrey Otteau, president of Otteau Valuation Group, but recent increases in the number of existing home sales may turn 2013...
A cross border airport terminal in Otay Mesa took another step this month when the San Diego City Council amended a land use plan, but the project still needs additional agreements before construction...
Westfield Group, which owns seven large malls throughout San Diego County, will soon embark on a $56 million makeover of Westfield North County, now that it has gotten approval from the Escondido City...
Lane County officials saw an expansion opportunity in an unremarkable parking garage in Eugene, and now that facility is undergoing a unique transformation into sustainable office space. The project team - PIVOT Architecture,...
Oregon, for years touted as a national leader in green construction, recently slipped out of the list of top 10 states for Leadership in Energy and Environmental Design projects. After ranking fifth in...