Archive for the ‘ WallStreet Journal ’ Category

Famed Builder Is Acquired

Aecom Technology has acquired Tishman Construction, the builder of the original Trade Towers, combining two leaders in the field of commercial and government building.

A Toothsome Time for Tom Barrack

Colony Capital Chief Executive Tom Barrack has a new following: fans of the vampire-novel series 'Twilight.'

Colony, Cogsville Team Up in FDIC Asset Sale

The venture, the first in a public-private partnership in which a minority-owned firm has taken a stake, won the bidding for a $1.85 billion portfolio of distressed commercial real-estate loans.

Discord Delays Hamburg Concert Hall

Hamburg, Germany, had grand plans for a world-class cultural center. Cost overruns, construction mistakes, delays and feuding among the city, the architects and the builders have marred the project.

Alliance Global to Build Philippine Hotel

The hotel will be the group's fourth at its Newport City development.

Some REITs Flee IPO Altar

A number of companies that had planned to become REITs are getting cold feet due to stock-market volatility.

Banks Often Extend Sour Property Loans

Banks are restructuring many unpaid loans on commercial real estate rather than foreclose, a practice creating uncertainties about the health of both the commercial-property market and some banks.

Vanke’s Property Sales Rise 28%

China Vanke, China's largest home builder, said lower prices helped to drive property sales, a bright spot amid a broader slowdown in property sales as Beijing's tightening measures take hold.

For Sale in Europe: Government Property

Debt-laden governments in Europe are preparing to accelerate efforts to sell public property, but questions about asset quality and disposal strategies could undermine the efforts.

Guardian Life, Lowe Team Up

Guardian Life Insurance Co. of America bought a piece of property owner Lowe Enterprises' investment-management arm.