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Old February 5th, 2010, 03:23 PM   #701
Imre
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Quote:
Originally Posted by Stephan23 View Post
They are so far and what the hell are they doing now??
Waiting for some money , this is an article about the developer:



ETA Star Property puts on hold plan to raise funding

ETA Star Property Developers, part of ETA–Ascon Group, has put on hold its plans to raise funding through sukuk and fund issue, citing unfavourable market conditions, a top company executive said.

"We do not believe the time is right for raising funds from the financial markets now given the present financial conditions.

"However, we will consider raising money from financial markets at a later date," ETA Star Executive Director Abid Junaid told Emirates Business ahead of the official inauguration of Liberty House located in Dubai International Financial Centre.

He said last year that the company planned to raise $400 million through sukuk and fund issue.

http://www.business24-7.ae/Articles/...9beb460e7.aspx
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Old February 6th, 2010, 02:19 AM   #702
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very sad news when it nearly topped out
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Old February 12th, 2010, 11:56 AM   #703
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12/February/2010

23 Marina , they have changed the consultant here ?

[IMG]http://i46.************/1zeau04.jpg[/IMG]

[IMG]http://i50.************/2dl7lau.jpg[/IMG]

[IMG]http://i49.************/2zs8zys.jpg[/IMG]

[IMG]http://i49.************/mlkocl.jpg[/IMG]
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Old February 19th, 2010, 09:50 AM   #704
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19/February/2010

23 Marina

[IMG]http://i50.************/jr2z34.jpg[/IMG]

[IMG]http://i50.************/2methlc.jpg[/IMG]

[IMG]http://i48.************/2gv516p.jpg[/IMG]
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Old February 19th, 2010, 04:06 PM   #705
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No words to express my disappointment about this one...
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Old February 19th, 2010, 04:30 PM   #706
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I saw mixers there in this week so the concrete works going on and we should see progress soon.

Cladding seems ON HOLD , this week I didnt see any activities.
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Old February 19th, 2010, 07:45 PM   #707
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so at least some high progress soon, thats nice, not on hold then
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Old February 24th, 2010, 06:08 AM   #708
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24/February/2010

23 Marina

[IMG]http://i50.************/23sfzhh.jpg[/IMG]

[IMG]http://i47.************/2wn6bs8.jpg[/IMG]

[IMG]http://i49.************/2mpg8iu.jpg[/IMG]
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Old February 24th, 2010, 05:55 PM   #709
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Cranes are working!
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Old February 25th, 2010, 02:44 PM   #710
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Means u/c again?
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Old February 25th, 2010, 09:49 PM   #711
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yes, I saw new rebar on top of the core today. Definitely working there
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Old February 25th, 2010, 11:02 PM   #712
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That is such a "new looking" city. I'm so used to American cities where everything looks older. What had made Dubai such a hot spot for all of these buildings anyway?
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Old February 26th, 2010, 02:18 AM   #713
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Good to see it was only a short interruption of work.
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Old February 26th, 2010, 10:11 AM   #714
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26/February/2010

23 Marina

[IMG]http://i50.************/2yuxbwx.jpg[/IMG]
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Old March 8th, 2010, 11:49 AM   #715
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Formwork of the core coming down!
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Old March 8th, 2010, 03:00 PM   #716
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Good to see work on this tower resumed. Which level is it on now?
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Old March 8th, 2010, 03:24 PM   #717
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08/March/2010

23 Marina , 5 min before from my balcony

[IMG]http://i45.************/2uyjdag.jpg[/IMG]

[IMG]http://i47.************/2mdhx6u.jpg[/IMG]

[IMG]http://i48.************/f06u02.jpg[/IMG]
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Old March 8th, 2010, 03:43 PM   #718
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It seems like sky and imagination is the limit for DUBAI. I envy the construction.
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Old March 8th, 2010, 04:50 PM   #719
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Great to see that very poor formwork coming down. I hope they will go further with some decent material.
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Old March 11th, 2010, 12:41 PM   #720
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11/March/2010

23 Marina

[IMG]http://i41.************/2ztbrk5.jpg[/IMG]

[IMG]http://i39.************/vecg9x.jpg[/IMG]

[IMG]http://i40.************/21jn0g5.jpg[/IMG]
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