“Until only a few months ago, property developers in China thought they were at the forefront of one of the great booms of the age, the fastest urbanisation in history.
Even in China, however, where the financial system has been relatively isolated from the global meltdown, a sharp downturn in the property market has caused many companies to rethink their plans.”
SOURCE: FT.com / Home UK / UK – China’s developers suffer a pig of a year.
“Ron Triffo, Chair of the Board of Directors for Stantec announced today that Robert (Bob) Gomes will succeed Tony Franceschini as the Company’s next President & CEO, effective May 15, 2009. Tony Franceschini, who has led Stantec since 1998, will continue to be associated with the Company as a member of the Board of Directors.
Stantec provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects. Our services are offered through approximately 9,000 employees operating out of more than 150 locations in North America.”
SOURCE: Marketwire – Stantec Press Release – – Stantec Announces New President & CEO
“Herzog & de Meuron’s Tenerife Arts Space (TEA) has been inaugurated in Santa Cruz de Tenerife in the Canary Islands.”
SOURCE: Building Design(UK) – Herzog & de Meuron Tenerife Arts Space officially opens
“Nanjing will spend another 30 billion yuan ($4.41 billion) to renovate 3 million sq m of dilapidated residential areas before the end of 2010, a government spokesman said yesterday.
The measures were announced after Nanjing won the top UN Habitat award at the ongoing World Urban Forum in the city.”
SOURCE: Chinadaily – Award-winning Nanjing to spend $4b on new housing.