investor news
News stories: 1 - 13 of 13
WhiteWater, Thinkwell and investor Najibi eye second ACTVENTURE site in UAE
by Alice Davis | 30 Jan 2018
ACTVENTURE, the multi-million-dollar leisure and lifestyle mega-destination underway on the Sunshine Coast of Australia, is eyeing a rollout to the United Arab Emirates. US practice Thinkwell Group designed the plan for the AU$400m (US$305m, €280.7m, £243m) Queensland venture, with Canadian waterpark specialist WhiteWater West working on the waterpark. Members of ACTVENTURE’s advisory board – including Talal Najibi, executive chair of Najibi Investments, WhiteWater CEO Geoff Chutter, Joe Zenas, CEO of
Legacy plans set to be unveiled for development following Dubai Expo
by Alice Davis | 08 Sep 2017
The future of the Expo 2020 site after the international event closes in April 2021 will be revealed next week, with a “reputational, social, physical and economic” legacy plan. The development proposals will be unveiled during the annual Middle East real estate exhibition, Cityscape Global, which takes place 11-13 September at the Dubai World Trade Centre. It will be the first time the vision for the project has been made
MIPIM 2017 kicks off in Cannes, with spotlight on the world's most exciting real estate developments
by Kim Megson | 14 Mar 2017
Architects, designers, investors, developers and politicians from across the world have descended on Cannes for MIPIM – the world’s largest property market. Over 20,000 attendees are expected to at the four-day exhibition, conference and networking event, which begins today (14 March) on the French Riviera. Major international real estate projects – from residential to commercial, hotel, tourism and logistical – are being showcased by representatives from 23 nations. These include
Thai developer named preferred bidder as British Film Institute seeks investor for flagship new home
by Kim Megson | 16 Jan 2017
The British Film Institute (BFI) has confirmed Thailand’s PACE Development Corporation is its preferred bidder to fund its planned International Centre for Film, TV and the Moving Image on London’s South Bank. A BFI representative told CLAD the organisation is “now in contract negotiations” with the developer, which impressed “following a procurement process for process to test the market for investors.” The institute wants to create a flagship national home
Shores Resort & Spa acquired by US investor
by Luke Cloherty | 19 Dec 2016
The Shores Resort & Spa, located in Daytona Beach, Florida, has been acquired by US real estate investment company Uhon. Uhon has plans to upgrade the resort hotel to match the local history of Daytona and to improve the hotel for long term ownership (pointing to a buy and build strategy). Renovation plans are still in early stages and thus full details of what will be on offer are currently
Hospitality investor urges hotels to better integrate wellness with design
by Jane Kitchen | 02 Nov 2016
Hotel operators have not developed a sophisticated understand of wellness and must do more to integrate it into their developments if they wish to succeed, according to Omer Isvan, president of international investment consultancy Servotel. Isvan, who was speaking at a session at the Global Wellness Summit in Tyrol, Austria last week, argued that investors are placing more importance on hotels and resorts that offer truly transformational experiences that boost
Architects, developers and investors invited to declare interest in Hong Kong's 28 hectare Kai Tak Sports Park
by Kim Megson | 01 Jul 2016
The government of Hong Kong is seeking non-binding Expressions of Interest for a planned sports park in Kai Tak. Construction companies and joint ventures, investors, sports operators, facility managers and stadium architects are invited to make their interest in the project clear before 8 July 2016. The Kai Tak Sports Park is described by the government as “the most important investment in sports infrastructure in recent decades”. The site –
Space Syntax launching training academy for urban planners, developers and architects
by Alice Davis | 09 Jun 2016
Urban planning expert Space Syntax is launching a range of specialised training courses to teach architecture industry professionals how to use and apply its longstanding approach in their own work. The Space Syntax Academy is being set up to share the same theories and methodologies that Space Syntax provides to its clients, who include Arup, Aedas, Wilkinson Eyre, Skidmore, Owings & Merrill, Foster + Partners, Rogers Stirk Harbour, Richard Rogers
Tom Hiddleston and Idris Elba back British Film Institute's plans for flagship new home as search begins for investors
by Kim Megson | 01 Jun 2016
The British Film Institute (BFI) has unveiled ambitious plans to build a new world-class International Centre for Film, TV and the Moving Image – a move heralded by the great and the good of British cinema. The BFI has revived a long-gestating plan to create a flagship national home for the film industry on the site of an existing car park on London’s South Bank, near its current cinema venue.
Chinese investor backs Merlin Entertainment to build Legoland Shanghai
by Alice Davis | 22 Oct 2015
Global theme park and attractions operator, Merlin Entertainments, which is number two in the world to Disney, has revealed plans to build a Legoland in Shanghai. The US$300m (£194m, €265m) Legoland Shanghai is a joint venture between Merlin and Chinese investment firm China Media Capital. The popular Lego-themed attraction has been making headway in the Asian market in recent years, with Legoland parks under construction in Japan and South Korea,
New Zealand thermal spring looking for joint venture investor for NZ$15m expansion
by Jane Kitchen | 14 Sep 2015
New Zealand’s Hanmer Springs Thermal Pools and Spa has released a plan to build a European-style day spa in the historic Chisholm Ward of the Queen Mary Hospital, located in the Hurunui District of the country, just north of Christchurch. General manager Graeme Abbot said the NZ$15m (US$9.4, €8.4m, £6.1m) investment is required to create the spa and the pools, and he is looking for a joint venture investor to
Investor Tanota Partners opens Dusit Thani Guam Resort with design by O.A. Coloma
by Jane Kitchen | 22 Jun 2015
Dusit International, the Bangkok-based hospitality operator, has announced it will open Guam’s first newly-built resort since 1999, the Dusit Thani Guam Resort. Situated on Tumon Bay, the 30-floor beachfront resort is the tallest building on the island and will soft-open this month with half of its 419 bedrooms and suites coming on stream. O.A. Coloma is the architect behind the building’s design. Studio Q designed the interiors for the public
Consortium of Chinese investors backing £65m development in Sheffield
by Chris Dodd | 12 Sep 2014
A consortium of Chinese investors is backing plans being put forward for the creation of a new £65m leisure, residential and business district in the steel city of Sheffield. Headed by businessman Jerry Cheung, managing director of Sheffield-based developer New Era Development, the project has evolved out of original plans to create a Chinatown in the city back in 2005. However, the six Chinese backers who have put money into
News stories: 1 - 13 of 13
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