Global Logistic Properties Ltd (SGX:MC0) HEFFX Highlights

Global Logistic Properties Ltd (SGX:MC0) HEFFX Highlights

Global Logistic Properties Ltd (SGX:MC0) HEFFX Highlights Nesta Investment, the Chinese consortium making a SGD16bn (€9.96bn) bid for Global Logistic Properties (GLP), announced today that it intends to expand GLP into new markets, potentially in Europe. In its first public statement on future plans for GLP, Nesta said it has plans to increase the company’s […]

Qatar Sovereign Wealth Fund Invests in Empire State Building

Qatar Sovereign Wealth Fund Invests in Empire State Building

Qatar’s sovereign wealth fund has bought an almost 10% stake in the company that owns New York’s iconic Empire State Building, the official QNA news agency reported Wednesday. “Qatar Investment Authority (QIA) has acquired $622-M in shares in the Empire State Realty Trust,” the news agency said. The investment equates to a 9.9% stake in the […]

Dubai Buildings to be Given Star Ratings

Dubai Buildings to be Given Star Ratings

Dubai Buildings to be Given Star Ratings The new Star system being developed by the Emirate’s land department aims to simplify rental and service charge calculations Properties in Dubai will be subject to a new Star rating system under plans announced by the Emirate’s land department, a DLD statement confirming the move. It said Dubai’s buildings […]