Posts tagged as: empire

KRL continue scintillating form

The reigning champions trounced KPT 3-1 in their Pakistan Premier League encounter, with in-form striker Kaleemullah amongst the goals once more. Tariq Lutfi’s men have been chalking up victories in the past few games and after a brilliant win in their last outing made short work of Karachi Port Trust, destroying them in a one […]

KPT record first PPL win

The Karachi-based side were able to grind out three points during a close match with PIA in their own backyard. “It is great to get our first win of the season after two defeats. It was a good close game and it does a lot to lift the morale of the players,” said ,” KPT […]

The real estate business in the corporate world – Part 1

The realty business is starting to take big strides in the US and one of main contenders to make big bucks by entering the corporate world is Empire State Realty Trust, which owns the largest building in New York, the Empire State Building. However, there are certain constraints by which they have to live. First […]

The real estate business in the corporate world – Part 2

Many of these trusts hold international properties and stakes scattered across the United States. Together, Empire State Realty manages 7.7 million square feet of space, including 5.8 million in Manhattan. 79.9% of its New York space is currently leased. The trust also has the option to acquire two more Manhattan properties, adding another 1.4 million […]

The real estate business in the corporate world – Part 3

In 2006, the Malkins assumed day to day control of the Empire State Building and embarked on a $500 million renovation, which will continue past the public offering. The trust expects the Empire State Building makeover to “substantially” finish by 2016, after a further investment of $55 to $65 million funded by cash flow and […]

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