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At US-ASEAN Summit, preparing for a new normal

The element of signaling surrounding the first US-ASEAN summit in Sunnylands, California was strong. The White House decision to host ASEAN leaders at the same venue where US President Barack Obama previously received Chinese president Xi Jinping symbolized the increasingly pivotal role the US was according ASEAN as an institution. Visiting Laos and Cambodia, US Secretary of State John Kerry ...

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‘Brooklyn deal’ draws top investors

BROOKLYN / Bloomberg Vornado Realty Trust, one of the biggest owners of Manhattan office towers, and Silverstein Properties Inc. are among potential bidders for real estate offered by the Jehovah’s Witnesses in an area of Brooklyn that’s in high demand by developers. The companies have expressed interest in at least one of three properties for sale, including the Brooklyn Heights ...

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Cairo real estate weakens amid currency volatility

Cairo / Emirates Business JLL, the world’s leading real estate investment and advisory firm, on Tuesday released its 2015 annual review of the Cairo Real Estate Market, assessing the latest trends in the office, residential, retail and hotel sectors. The report notes that Cairo real estate market has witnessed mixed performance across various segments in 2015 which was impacted by ...

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