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News
Bridge Development Closes On Site For Fort Lauderdale Project
Chicago-based Bridge Development Partners has closed on a 17.5-acre site in Fort Lauderdale for a spec warehouse development. Bridge Development paid an undisclosed amount for the property at 2200 West Sunrise Boulevard. It will become Bridge Point I-95, a speculative two-building industrial project. Each building will span about 150,000 square feet. Tony Hoover of CBRE represented the seller, A&N Properties. Kevin Carroll of Bridge Development is overseeing plans for the Fort Lauderdale development, according to ... [more] Full investment news article
Munich Re's Ergo To Raise Stake In Joint Venture With HDFC For $169M
MUMBAI (Reuters) - Munich Re's insurance unit Ergo has agreed to buy nearly 23 percent more in its India joint venture with Housing Development Finance Corp for 11.22 billion rupees ($169.03 million), in the latest deal in India's insurance sector after foreign ownership rules were eased this year. Full investment news article