Elsewedy Industrial Development has signed a major agreement with Kunming Chuanjinnuo Chemical Co. (CJN) to build a phosphate chemical industries complex in Egypt. The project will be located in Sokhna 360 and involves a total investment of nearly USD 1 billion. It aims to produce fertilisers, specialty chemicals and electric vehicle battery materials. The initiative is expected to create 10,000 jobs and position Egypt as a regional hub for new energy materials.
EDITION Hotels has joined forces with Sotheby’s and DYNE jewellery designer Sarah Ysabel Narici to auction a unique luxury package, Verdant Reverie: The Gem of the Alps at The Lake Como EDITION. The lot will be part of Sotheby’s Luxury Week auctions, running from November 26 to December 11. Estimated at $15,000 - $25,000, the item combines a limited-edition necklace chosen by Sotheby’s Vice Chairman Frank Everett with a two-night stay in a Penthouse at the new Lake Como EDITION property.
Industrial property firm CTP and energy provider ČEZ ESCO have officially opened a major new 5.5 megawatt (MW) rooftop solar power installation in the South Moravian region of the Czech Republic. The combined project, located across CTPark Brno and CTPark Brno South, marks the largest of its type in the area. The facilities are expected to generate over 5.2 GWh of clean energy annually, which is enough to power around 1,500 average households.
LPP Logistics has signed an 11-year lease for a new Distribution Centre at CTPark Bucharest West. The nearly 60,000 sq m facility will enhance the LPP Group’s logistics for Romania, Bulgaria, and Greece. The new centre is a vital strategic move following a recent fire at the operator's previous Romanian facility. The hub will support the ambitious expansion of the Sinsay brand, which recently opened its 200th store in Romania.
The iconic Stahl House in the Hollywood Hills is listed for sale for the first time since its 1960 completion, with an asking price of $25 million. The 2,200-square-foot mid-century modern home, designed by Pierre Koenig, is celebrated for its cantilevered steel and glass design. The sale is being undertaken by the Stahl family, the only owners in the home's 65-year history. The home gained global fame as Case Study House No 22 and through the photography of Julius Shulman. The listing seeks a new custodian who will ensure the preservation of this significant cultural landmark.
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