Real Estate

Schindler R.I.S.E Used on First-Ever U.K. Project

For the first time, one of the five Schindler Robotic Installation System for Elevators (R.I.S.E) construction robots is being deployed on a U.K. project – the all-electric 105 Victoria Street...

Historic Chicago Office Tower Eyed for Conversion

An investor in Grand Rapids, Michigan, wants to convert the upper office floors of the 38-story, circa 1927 Pittsfield Building in Chicago into 214 apartments, adding to the 442 residences...

Otis Donates Funds to STEM Program

Visitors to the Otis Worldwide Corp. stand at the MIPIM property and real estate conference in Cannes, France, in March helped fund science, technology, engineering and mathematics (STEM) experiences for young people...

Gelestino is Red Awards Elevator Contractor of the Year

Don Gelestino, president and CEO of Manhattan-based Champion Elevator Corp., will receive the Elevator Contractor of the Year award at the 2025 Red Awards, a commercial real estate event held...

REIT To Fund New Office Project in Bengaluru Suburb

Singapore-based CapitaLand India Trust (CLINT) Real Estate Investment Trust (REIT) continues to bet on the Bengaluru, India, area as a rising tech hub, with the REIT agreeing to fully fund...

TKE to Showcase Energy-Efficient, Digital Solutions at MIPIM

Making its debut at MIPIM 2025, the world’s leading real estate exhibition and conference taking place in Cannes, France, on March 11-14, TK Elevator (TKE) will showcase its wide range...

KONE to Provide Elevators for High-Rise Mumbai Complex

KONE announced on January 28 it received an order to provide 21 passenger elevators for Aga Hall Estate in Mumbai, India, which consists of 45- and 56-story towers containing 349...

VT Industry Players to Be On Hand at MIPIM 2025 in France

Several major vertical-transportation (VT) industry players plan to be on hand for MIPIM (Le marché international des professionnels de l'immobilier, French for "The International Market for Property Professionals") on March 11-14 at...

Second ISEE Sees Success, Upcoming Events Announced

The International Sourcing Exposition for Elevators and Escalators (ISEE) 2024, concluded on December 7 on a high note at the Bombay Exhibition Centre in Mumbai, India, the Press Trust of India reports....

Record Sale Marks Turnaround for Striking Manhattan Towers

The sale of Penthouse 36 at One High Line, the pair of 402- and 302-ft-tall twisting towers designed by Bjark Ingels Group (BIG) at 500 West 18th Street in Chelsea,...