Posted by Bruce Tipson on February 8, 2012
ProLogis European Properties (Euronext: PEPR), one of Europes largest owners of modern distribution facilities, announced that it has sold ten UK logistics assets for a total of 180.3 million (£150.9 million). Proceeds from the sale will be used to further deleverage the business. 
The disposal comprises 231,650 m² in ten fully leased buildings located in the Midlands and North-East of the UK.
Peter Cassells, chief executive officer of PEPR, commented: We are pleased to have owned the bulk of these assets since our formative years. During that time, we have successfully created value through refurbishment and subsequent letting activity. T Read all post…
Posted by Carry Brooks on February 6, 2012
A significant increase in the number of condominiums sold in Pattaya has been recorded. Knight Frank Thailand noted a rise of 120 per cent in the volume of transactions completed for this kind of property in the city in 2011, compared with 2010. However, the firm pointed out the supply of condominiums in Pattaya climbed substantially last year, which has resulted in a lower sales rate in comparison to the number of units available. The organisation added there is a trend among developers to build more one-bedroom apartments, with the Jomtein district of the city expected to be the location of the majority of the new construction projects.
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Posted by John Willsen on February 6, 2012
If Valentine’s is a special event for you, it’s best to make plans early. The day is fast approaching, how are you going to spend it? I think George & I will have a quiet evening at home. B
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Posted by John Willsen on January 24, 2012
NEW YORK, NY January 24, 2012 WSP Flack + Kurtz, the international engineering firm, has promoted Frank Muscarella, LEED AP, PE, to senior vice president, announces David Cooper, PE, LEED AP BD+C, the firm’s president and chief executive officer.
Mr. Muscarella, who is also the assistant department head for WSP Flack + Kurtz’s New York HVAC practice, previously served as vice president. He has more than 17 years of experience, all with WSP Flack +Kurtz, in the design of mechanical systems for a wide range of project types.
Throughout his tenure, Mr. Mus
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