Potential Aldar & Surouh Merger – A Multi-billion Rescue at Hand?

Talks of a merger between Abu Dhabi companies Aldar and Sorouh may take share prices higher, but as for adding black ink to the country’s investment portfolios, the jury is still out. Billions are now riding on luxury properties that may not even be viable in this economic climate.

Real Estate Management Software Firm Bought Out by IBM

IBM yesterday announced it will buy out the Tririga Inc. software firm, which produces real estate management applications, for a sum that has been undisclosed.

ProLogis AMB Merger Solves A Wealth of Problems

In news from the commercial sector, Denver based ProLogis, and AMB Property Corporation of S.F. announced on Wednesday their merger negotiations. These two publicly traded companies are the two largest players within the warehousing and distribution center realm. Some experts suggest the merger is nothing more than an effort to make economies of scale more reaonable for the two. ProLogis has lost millions due to logistic nightmares and other such inefficiencies spotlighted by the financial crisis worldwide.

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