DES MOINES, Iowa----Principal Real Estate Investors, the fourth largest manager of real estate assets in the U.S. based on tax-exempt assets under management1, and The Martin Group of Companies, one of the most active real estate developers in California, announced today that they have entered into a venture to develop new office projects in the Silicon Valley market.
The real estate market woes have led Dechert law firm Chairman Barton Winokur to notify 13 associates in Dechert's real estate finance practice that there is "no demand for them in that group in the foreseeable future," although he said the firm is offering the lawyers work in other areas.
Dubai: Dubai-based Sternon Group Sternon Group , which has been active in local and international property sector for the past 20 years, has unveiled plans to develop real estate projects in Dubai with an investment of Dh300 million.
FRANKFURT (Dow Jones)--New orders for Germany's plant and machinery industry rose a real 7% on the year in January, the industry group VDMA said Wednesday.
Dubai-based real estate firm Sternon Group has unveiled plans to develop real estate development projects in Dubai with an investment of Dh300 million.
Maguire Partners PropertyGroup and an investment partner, Bergman Real Estate Group, bought a building in the Colwick Business Center in Cherry Hill, N.J., for $11.5 million.