NEW YORK CITY-Simon Robinson, the new head of Insignia Brooke, will relocate from New York to Hong Kong. He had been director of international business. The firm has also established its first operation in Latin America.
NEW YORK CITY-Moody's expects the manager of ski resorts and golf courses to take advantage of the improvements it has made to its infrastructure over the last several years.
NEW YORK CITY-Brookfield, which invested $C63 per sf in Hudson's Bay Center, will redevelop its 102,000-sf of retail space and its 35-story, 535,000-sf office tower. It will also lease the renovated complex.
NEW YORK CITY-Moody's expects the manager of ski resorts and golf courses to take advantage of the improvements it has made to its infrastructure over the last several years.
NEW YORK CITY-Moody's expects the manager of ski resorts and golf courses to take advantage of the improvements it has made to its infrastructure over the last several years.
NEW YORK CITY-Net outflows for mutual funds dedicated to real estate amounted to $11 million for the week ending Feb. 28, but fund assets grew, albeit slightly, to $10.5 billion, due to price appreciation.
NEW YORK CITY-Fourth quarter and year 2000 returns were the highest in the company's history, before the accounting change rule. Net income for Q4 was down due to a write-off of its Internet businesses.
NEW YORK CITY-This is the company's second Manhattan acquisition in a year in the Grand Central District. The company plans to establish an even greater presence here.
NEW YORK CITY-Companies will continue setting up call centers along the US-Mexico border to take advantage of the low-cost labor pool. Nonetheless, US metro areas received most of the investments in new call centers last year.
NEW YORK CITY-The move was prompted by Vornado's successful $3.25-billion bid for the World Trade Center last week. Uncertainties about the financing of the deal and the size of the complex compared to the firm's current portfolio were factors in the decision.
