MEED | New priorities for the post-Covid workspace meed.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from meed.com Daily Mail and Mail on Sunday newspapers.
Search and rescue teams at the collapsed Lily Mine on February 13, 2016 in Barberton, South Africa. Workers were retrenched after the entrance to the mine sank, trapping three workers underground, whose bodies have still not been retrieved. Photo: Felix Dlangamandla/Gallo Images
The wheel has turned in favour of a bidder who wants to acquire two Mpumalanga gold mines from an Australian company after the Mpumalanga High Court in Mbombela found that business rescue practitioners were wrong not to publish adopted business plans based on its offer.
Arqomanzi (Pty) Ltd turned to the court after business rescue practitioners of Lily and Barbrook Mines, Rob Devereux and Daniel Terblanche, decided against publishing business plans based on its R250 million offer. The pair instead opted to publish plans in favour of Australian company, Macquarie Metals, which bought 98% of Vantage Goldfields (VGO), the owner of the mines.
Dubai s new super-luxury office tower ICD-Brookfield at DIFC is winning tenants slow and steady gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
Bankers Return Downtown Just in Time for Brookfield Dubai Tower
This content was published on April 20, 2021 - 04:00
April 20, 2021 - 04:00
(Bloomberg)
ICD-Brookfield has had to ride Dubai’s economic roller-coaster since opening the largest standalone office tower in the city last September when the worst of the coronavirus outbreak appeared over.
More than half a year and another spike in infections later, regular office life remains a way off. Even without the pandemic casting a shadow over commercial real estate, the $1.5 billion high-rise arrived at a time when about a quarter of all offices stood vacant despite rental prices dropping by over 35% in the past six years.