Arabtec wins $115m contract to build 916 villas in Dubai

8 Mar 2018 | Middle East

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, Macerich to redevelop Los Angeles shopping mall

7 Mar 2018 | North America

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.

Work on $327m Nakheel Mall in Dubai nears completion

7 Mar 2018 | Middle East

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 plans £200m rail factory in Goole, UK

6 Mar 2018 | Europe

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.

L&T wins $384m contract for Shivaji statue in India

6 Mar 2018 | Asia

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 secures orders worth $244m in India

5 Mar 2018 | Asia

L&T Construction, the construction unit of Larsen & Toubro, has won orders worth INR15.93bn ($244.52m) in India.

Astaldi wins contracts worth €110m in Italy

2 Mar 2018 | Europe

Astaldi has been awarded two construction contracts in Italy, together valued at €110m.

Disney announces €2bn expansion plan for Disneyland Paris

1 Mar 2018 | Europe

The Walt Disney Company, commonly known as Disney, has announced plans for a €2bn, multi-year expansion for Disneyland Paris.

Samsung Electronics breaks ground on new EUV line in Hwaseong, Korea

27 Feb 2018 | Asia

Samsung Electronics, involved in the manufacture of advanced semiconductor technology, has broken ground on a new extreme ultraviolet (EUV) line in Hwaseong, Korea.

Landsec’s revised plans for London office project secure approval

23 Feb 2018 | Europe

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.

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