Basar Global Group of New York a global real estate services company, with interest in investment banking, industrial engineering,real estate development and infrastructure projects and Al Arab Group Enterprises a Qatar based real estate development, hospitality management, industrial engineering, furniture manufacturing company has went into a mutual alliance to service clientele in the Americas, Europe, Middle East, Africa and Asia.
Four Seasons Hotel New York owner H. Ty Warner received a bid for his 368-room luxury hotel in midtown Manhattan for about $900 million from an unidentified Asian buyer, according to a person close to the situation.The unsolicited bidder is probably affiliated with the government of Brunei, the kingdom located on the island of Borneo, said the person, who asked not to be identified because the negotiations are confidential. If a deal is completed, the buyer would terminate the management contract held by Four Seasons Hotels Inc., the person said.
CB Richard Ellis has been ranked the No. 1 commercial real estate brokerage in the country by Real Estate Forum Magazine. Featured in the magazine’s November 2007 issue, the ranking identifies the top 100 companies in commercial real estate based on a range of statistical information, including number of offices, number of employees, 2006 revenue and projected revenues for 2007.
Basar International Group is a company the specializes in off the market private sales (OMPS). The Basar Group has taken too market an exclusive group of 5 Star Hotel properties located in the worlds major gateway cities and resorts throughout the world.
Philadelphia-based real estate and financial services company, Basar International Group, and BSD Equities, a full-service commercial and residential brokerage and management firm specializing in all types of New York City Properties and special acquisitions across the globe, have come together to offer investors and developers a unique opportunity to enter the San Juan market in Puerto Rico, via The Diamond Palace Hotel and Casino.
Basar Group has off the market deals on 4 major continents.
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