Economy

For residential projects, permits were issued at the beginning of the year for Cove Residences (Condos).

The prolonged weakness has started to hurt even top-tier towers that usually remain immune to downturns.

MEA, a result of a Public & Private Partnership (PPP) project, was designed and built by SIRRA SA. in which the companies INTRAKAT, ARCHIRODON GROUP & ENVITEC participate.

Shares of SBB were up 27% at 10 a.m. London time after Bloomberg reported the troubled Swedish property group had attracted interest from investors including Brookfield Asset Management.