ADVFN - Advanced Financial Network.
HOME» NYSE » C » CX Stock Price » CX Stock News

Cemex Share News

 Cemex S.a.b. De C.v. Stock Price
CX Stock Price
 Cemex S.a.b. De C.v. Stock Chart
CX Stock Chart
 Cemex S.a.b. De C.v. Stock News
CX Stock News
 Cemex S.a.b. De C.v. Company Information
CX Company Information
 Cemex S.a.b. De C.v. Stock Trades
CX Stock Trades

Banco Santander To Build 42-Story Tower In Monterrey, Mexico

MEXICO CITY -(Dow Jones)- Spanish banking group Banco Santander (STD) said Monday it plans to invest $110 million to build a new office tower in Mexico's northern industrial hub of Monterrey, aiming to finish the project by the end of 2013. Monterrey, Mexico's third-largest city with 3.7 million inhabitants, has recently been in the spotlight of Mexico's bloody war between rival drug gangs, prompting many wealthy Mexicans and foreigners to leave. The city is home to a number of Mexico's largest corporations, including global cement giant Cemex (CX, CEMEX.MX) and retail and beverage conglomerate Femsa (FMX). Santander said in a press release that its new tower will be close to 200 meters high, with 42 stories, "making it the highest, most modern and most efficient office building in the north of the country, and becoming an icon for the city of Monterrey." The bank's real estate subsidiary, Santander Global Property, will be in charge of renting out the tower's 50,300 square meters of office space and its 1,000-square-meter commercial area. Santander said it plans to occupy 6,000 square meters of the building, where it will concentrate about 350 employees from Mexico's northeastern region. "This is the first project of Santander Global Property of Mexico, and it marks the beginning of a series of big, new, world-class real estate developments that will be carried out soon in the country," Santander said. Construction of Santander's tower is expected to begin in the first half of 2011. The U.S. architecture firm Pelli Clarke Pelli Architects, which designed Malaysia's Petronas Towers and New York's World Financial Center, has been contracted for the project. -By Paul Kiernan, Dow Jones Newswires; (5255)5980-5178,

Stock News for Cemex (CX)
06/04/201519:42:00CEMEX Announces Project with International Organizations to Create...
05/21/201508:30:00CEMEX Announces Agreements to Exchange Approximately U.S.$626...
05/19/201516:40:00CEMEX Helps Build Resilient and Sustainable Urban Communities
05/14/201508:30:00CEMEX Announces New U.S.$300 Million Investment in the Philippines
05/07/201506:00:00Pattern Energy Reports First Quarter Results
05/07/201506:00:00Pattern Energy Reports First Quarter Results
05/01/201516:49:19Cemex SAB de CV Rating Reiterated by Zacks (CX)
04/30/201517:16:00CEMEX Announces Subscription Issue Price of New CPOs
04/27/201508:45:00CEMEX Files Annual Report on Form 20-F for Fiscal Year 2014
04/23/201518:21:48ADR Shares End Higher; Ericsson Drops, Logitech Rises
04/23/201507:30:00CEMEX Reports First-Quarter 2015 Results
04/13/201517:30:00CEMEX Denounces Timeshare Fraud
04/10/201517:10:00CEMEX Latam Holdings to Report First Quarter 2015 Results on...
03/25/201516:05:00CEMEX Announces Interest Rate and Initial Conversion Rate Applicable...
03/17/201517:24:32ADR Shares End Mixed; BHP Billiton Shares Rise
03/11/201518:30:00CEMEX Announces Exercise of U.S.$200 Million of Note Purchase...
03/11/201517:15:00CEMEX to Host Its Annual CEMEX DAY On March 17, 2015
03/02/201506:00:00Pattern Energy Reports Fourth Quarter and Full Year 2014 Financial...
03/02/201506:00:00Pattern Energy Reports Fourth Quarter and Full Year 2014 Financial...
02/26/201522:36:00CEMEX Announces Pricing Of €550 Million And U.S.$750 Million i...

Cemex and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations