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...Many lenders shun development finance in favour of debt secured on existing buildings, which can be sold to recover money in case of default. Lending to support construction is higher risk....
...SDS holds Signa’s portfolio of development assets: construction projects the company hoped to sell soon after completion. The company was the most cash-generative part of the Signa group....
...The company currently has hotels under development in Boston, Miami and Dublin, according to its website....
...The slow development of new infrastructure has contributed to the decline of Serie A, once considered Europe’s premier football league....
...The development’s Chinese backers laid out a $1bn vision of 500 luxury condos, a five-star Plaza Hotel and retail space — all sitting in a prime location just across from the arena where the LA Lakers play...
...The building, part of British Land’s joint venture with Singapore’s GIC at Broadgate, is under construction and due to be completed in 2027....
...Just two miles away is Manchester’s other arena, the 21,000-capacity AO Arena. It has responded to the construction of its rival with a £50mn upgrade....
...It acts as the development and procurement agency for EU projects such as the Earth- monitoring programme Copernicus and the Galileo navigation satellite system....
...result in fewer new homes being built and a drop in both domestic and overseas investment into UK housing delivery,” the BPF said in the letter to Hunt, which was co-signed by several dozen real estate companies...
...Addressing skills shortages, supply chain challenges, and competition in the construction sector is crucial....
...Adani is the latest Indian corporate leader to move into the country’s research arena....
...Builders cited cutbacks to residential development projects and a general slowdown in business due to unfavourable market conditions....
...The debate du jour was an all-share approach by the country’s biggest builder, Barratt Developments, for Redrow. Deal terms valued the smaller company’s equity at £2.5bn....
...A big donor to the Conservative party under Boris Johnson, Morgan attacked the government in an interview last spring over concessions to anti-development MPs, saying: “It’s like the government wants to...
...The Brooklyn Tower, as it is known, is scheduled to go to auction on June 10 after its lender, Silverstein Capital Partners, initiated foreclosure procedures against Stern’s company, JDS Development Group...
...The high-speed rail line had been expected to boost cross-border business as well as development of areas along the line....
...The exclusivity had been a “relevant factor” in the company’s decision to spend $1.3bn on the construction of its first phase, it said....
...The South Tees Development Corporation had sued PD Teesport in 2021 seeking a ruling that the port operator had no rights of access across the former steelworks it was regenerating next to the port in the...
...But the recent surge in coal power development put China’s 2025 climate targets at risk, said Qi Qin, an analyst at the Centre for Research on Energy and Clean Air....
...Work on the Elbtower halted more than three months ago when Signa abruptly stopped making wage payments to the tower’s construction company....
...Signa Prime and Signa Development own the majority of the Signa Group’s properties: a portfolio of inner-city construction projects and luxury addresses — from designer shopping precincts to 5-star hotels...
...Huizhou Water and Huizhou Transport Investment Group in Guangdong province and Haian Urban Construction Development Investment Group in China’s eastern Jiangsu province....
...England lost 11,700 social homes last year as sales and demolitions outpaced construction....
...The US International Development Finance Corporation (DFC) has invested $105mn into TechMet, a $1bn critical minerals fund, which has pledged $50mn of equity for Rainbow Rare Earths, the company behind the...
...These include the Sasol investment in a petrochemical complex in Louisiana, which supported thousands of construction jobs....
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