UAE-based construction firm Arabtec Holding has won a contract worth AED424m ($115m) from DAMAC Properties to construct 916 villas in AKOYA Oxygen Master Development in Dubai, UAE.
Hudson Pacific Properties and Macerich, a real estate investment trust, have established a joint venture to transform Westside Pavilion, a shopping mall located in West Los Angeles, California, into office space.
UAE-based developer Nakheel has announced that construction of Nakheel Mall, the AED1.2bn ($326.7m) retail and entertainment destination on Dubai’s Palm Jumeirah, is now 85% complete, with fit out also in progress at the mall’s outlets.
Siemens has signed an agreement for lease of land in Goole, East Riding of Yorkshire, UK, where it plans to establish a modern factory to manufacture and commission trains.
India-based engineering major Larsen & Toubro (L&T) has won an INR25bn ($384.25m) contract from the Government of Maharashtra, India for the construction of a 210m-high statue of Maratha warrior king Shivaji in the Arabian Sea.
L&T Construction, the construction unit of Larsen & Toubro, has won orders worth INR15.93bn ($244.52m) in India.
Astaldi has been awarded two construction contracts in Italy, together valued at €110m.
The Walt Disney Company, commonly known as Disney, has announced plans for a €2bn, multi-year expansion for Disneyland Paris.
Samsung Electronics, involved in the manufacture of advanced semiconductor technology, has broken ground on a new extreme ultraviolet (EUV) line in Hwaseong, Korea.
UK-based property developer Land Securities Group (Landsec) has secured a resolution to grant a revised planning consent for its proposed 564,000ft2 office development at 21 Moorfields site in London EC2.
Projects overseen by the company include bridges, spanning roads, valleys and water; planning and constructing commercial and industrial zones; conveyance and storage systems for the water industry; roads; urban development and regeneration; architec ...