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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Friday, November 28, 2008

Shanghai Planning to Build Tallest Building

Shanghai defies slump with tallest building plan
Reuters - USA
SHANGHAI, Nov 27 (Reuters) - Three months after opening the world's second tallest skyscraper, Shanghai is about to start construction of an even taller building, defying an economic slowdown and slumping property values across the country.
Work on the 632-metre (2,073-foot) Shanghai Tower, expected to cost $2.2 billion, will begin in the city's Lujiazui financial district on Saturday and is expected to be completed in 2014, developers said on Thursday. ...

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