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Deal Marks Companies' Second JV Partnership in New York City

NEW YORK. - Sunday, September 21st 2014 [ME NewsWire]

(BUSINESS WIRE) A joint venture between Prodigy Network and Korman Communities has closed on AKA United Nations, located at 234 East 46th Street between 2nd and 3rd Avenues. The property was purchased for $68.5 million, with more than $10 million raised in crowdfunded equity, senior financing from Bank of America, and subordinate financing from Emmes & Co. Domestic and international accredited investors purchased participations starting at $50,000.

The existing 95-unit, 20-story property will undergo renovations to further enhance its luxury offerings and amenities and will include a furnished courtyard, lobby lounge, state-of-the-art health and fitness center, conference area with business services, private terraces and a 24-hour doorman. A luxury rooftop lounge featuring views of the Manhattan cityscape and East River will be added, wit ... Read more »

Views: 201 | Added by: uaeonlinenews | Date: 09.22.2014

OSAKA, Japan & WETZLAR, Germany - Saturday, September 20th 2014 [ME NewsWire]

(BUSINESS WIRE) Panasonic Corporation and Leica Camera AG today announced they have extended their partnership agreement and agreed to expand and strengthen their technological cooperation in the digital camera field.

The agreement includes the extension of license agreement for use of Leica's trademark on Panasonic’s digital camera products as well as expansion and strengthening of technological cooperation between the two companies.

Based on this agreement, Panasonic will be able to commercialize digital camera products with Leica lenses over the next five years, from October 2014 to September 2019 while Leica will be able through the expansion and strengthening of technological cooperation to utilize Panasonic's digital technology in its own product development. The agreement will allow both companies to boost product competitiveness by combining Leica's opt ... Read more »

Views: 204 | Added by: uaeonlinenews | Date: 09.22.2014 | Comments (0)

The online print shop continues on its globalization path

ME NewsWire/Business Wire

RADEBEUL, Germany. - Saturday, September 20th 2014

The online print shop SE has taken over the domain for an unspecified six-digit sum, thereby improving its access to the global markets.

By taking over the address for its Easyprint brand, SE will secure an even better position on the highly competitive US market – the aim being to put pressure on its competitors in the international web-to-print market, particularly those in the US. Easyprint sets itself apart from many other online print shops: not only does it offer its customers an attractive price/performance ratio, but also a free design tool featuring a whole host of photo and design templates, among other things.

Easyprint is primarily geared towards small firms, families and private individuals. Its portfolio includes classic print p ... Read more »

Views: 327 | Added by: uaeonlinenews | Date: 09.22.2014