Subscribe by RSS
[ New York City, USA ] The family of Zhang Xin (Soho China Ltd.) is partnering with other Chinese investors, for a potential acquisition for as much as 40% of the General Motors Building in New York City. The stake is reported to be valued at USD $3.4 billion. The...
[ Jeddah, SAUDI ARABIA ] A piling works contract has been awarded to Saudi Bauer Foundation Contractors, signalling a first step towards completion of Kingdom Tower. Designed at 3,280 feet in height, when complete Kingdom Tower will be the world’s tallest skyscraper, edging Burj Khalifa in Dubai. Kingdom Tower...
[ Moscow, RUSSIA ] Europe’s tallest skyscraper has topped out at 1,112 feet. The tall building is located in Moscow International Business Center. At its height, the skyscraper edges the Shard in London (1,017 feet tall) as Europe’s tallest building. Also referred to as Moscow-City, Moscow International Business Center...
[ Jakarta, INDONESIA ] A skyscraper rising 635 meters above grade (111 stories) is planned for the Sudirman central business district in Jakarta. If built, the tower would rank as the fifth tallest in the world. Construction is expected to be complete by 2017 presuming work starts as scheduled this...
[ Toronto, CANADA ] The ground breaking for three new state-of-the-art sound stages took place at Pinewood Toronto Studios in September 2012. The studio facilities are located just outside Downtown Toronto in the Portlands district of Toronto. The construction is part of the company’s Studio District Evolution Plan. The...
[ Hyderabad, INDIA ] Ramoji Film City was voted a “Must Visit Destination” at Theme Park Resorts World Asia Comgress 2012, held recently in Shanghai. Ramoji Film City was the only Indian theme park so honored. Ramoji Film City claims to be the world’s largest integrated film studio complex at...
[ Atlanta, Georgia USA ] Atlanta has a new film and television production studio, an 85,000 square foot facility on a 5-acre site near historic Grant Park. The film studio is located approximately two miles from Atlanta’s central business district. The new studio is an adaptive re-use of an...
[ Burbank, California USA ] The company founded by George Lucas has been acquired by Disney. According to press reports, George Lucas intends to retire but will consult to the new Disney-owned entity. The acquisition gives Disney control of Lucasfilm’s blockbuster Star Wars franchise, including filmed productions and the massive...
[ Houston, Texas USA] Himes Interets LP and Kohlberg Kravis Roberts & Co. LP have agreed to joint venture the development of 971-acre Pinto Business Park in Houston. The KKR/Hines joint venture has exclusive rights to develop the property, owned by an affiliate of Cockrell Interests (Houston). Pinto Business Park is located...
[ Nusajaya, Johor MALAYSIA ] Ascendas Land International (Singapore) and UEM Land (Malaysia) have agreed to joint venture the development of a $1.5 billion USD, 210-hectare technology park in Iskandar Malaysia (Johor). Nusajaya is one of five flagship zones in Iskandar Malaysia. UEM Land Holdings Berhad is a real...
[ Haikou, Hainan Island CHINA ] Huayi Bros. and Mission Hills Group plan to develop a 230-acre movie film park in Haikou on China’s Hainan Island. The project is to be named Feng Xiaogang Film Commune and will rely upon the Feng Xiaogang brand. Feng Xiaogang is a highly successful and famous...
[ Los Angeles, California USA ] NBCUniversal has the support of the Studio City Neighborhood Council, as of a community meeting and vote last week. Earlier this year, NBCUniversal secured LA City Planning Commission approval to proceed with a $1.6 billion expansion of Universal Studios Hollywood. The expansion, called the...
[ Nairobi, KENYA ] Actis, a private equity fund with a large presence in global emerging markets, has organized a $278 million investment fund to augment the $300 million of Actis-sponsored investments to-date in Africa. According to this Actis website, the firm has $5.0 billion under management in emerging markets,...
[ Salt Lake City, Utah USA ] An obsolescent community high school in Salt Lake City may become a film and television production studio. Granite High School has been an asset in search of a use for many years. The developer, Woodbury Corporation (Salt Lake City), and their partner, Redman...
[ Miami, Florida USA ] Entertainment mogul and businessman Donald Trump wanted to attach his name to a film studio project in South Miami-Dade in Florida. A report detailing legal encumbrances on the land as well as environmental concerns, appears to place restrictions that would obviate the project’s development. Trump...
