Blackstone recently took over running Bank of America-Merrill Lynch's Asian property operations, presumably until its owner feels it can get a high enough price to warrant selling the assets.
"He's a very well-rounded, well-balanced business mind who I think manages risks very thoughtfully, " said Peter Hancock, the head of property-casualty operations at American International Group Inc.
The company drew on better pricing trends in property and casualty operations, a solid quarter from domestic life and retirement operations and profitable performances from mortgage guaranty and the aircraft leasing business.
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During the restructuring, the two companies will give Rhapsody the necessary intellectual property rights to continue its operations as an independent company.
In the following months, Mr. Karzai hardened his stance, as civilian casualties and the destruction of Afghan property mounted during the military operations.
Controlled by the founding Swire family, the company's operations also include property development in Hong Kong, marketing and distribution of Coca Cola products in China and supplying offshore oil rigs.
The money came from the Kent Police property fund, which comes from the auction of lost property and items seized in police operations.
Most have operations in countries with ambiguous property rights and governments that like to change the rules.
Mr. Gordon said he hopes to use his experience managing hotels to improve operations at the La Guardia property.
Prologis Inc. formerly known as AMB Property Corporation is a Maryland corporation, commenced operations as a fully integrated real estate company effective with the completion of its initial public offering on November 26, 1997.
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Is the security of our intellectual property, high-value data, and media operations any less important?
Now called Coalfield Resources, the company has split its operations into a mining arm and a property division.
They included the loss of 1, 400 jobs, an exit from commercial property lending and a scaling down of its business operations, mainly in England.
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