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, paul.kiernan@dowjones.com

Stock News for Cemex (CX)
DateTimeHeadline
02/13/201721:00:00CEMEX Announces Tender Offer for 7.250% Senior Secured Notes...
02/10/201717:00:00Cemex and Eagle Finalize Sale of Fairborn Cement Plant in U.S.
02/10/201706:37:00CEMEX and GCC Announce Pricing of 15.6% Stake in Grupo Cementos...
02/09/201706:15:00Cemex Reports Tenfold Increase in Net Income
02/02/201718:27:00CEMEX Recognized as “Industry Mover” in Corporate Sustainability
01/31/201717:30:00CEMEX and QUIKRETE Finalize Sale of U.S. Reinforced Concrete...
01/30/201720:00:00CEMEX Upgraded by S&P Global Ratings
01/25/201706:30:00CEMEX and GCC Announce Offering to Sell up to 23% Stake in Grupo...
01/24/201718:00:00CEMEX Subsidiary Announces Successful Offer and Take-over Bid...
01/09/201706:35:00CEMEX Announces Change and Variation to Take-Over Bid for Trinidad...
12/15/201617:30:00CEMEX Closes Sale of Ventika Stake
12/06/201606:30:00CEMEX Makes Significant Progress towards Investment Grade
12/05/201606:30:00CEMEX Announces Take-over Bid for Trinidad Cement Limited at...
12/04/201619:32:00CEMEX Reaffirms Its Commitment to Biodiversity Protection in...
12/02/201617:30:00CEMEX to Divest Ready-Mix Concrete Pumping Assets in Mexico
11/30/201619:30:00CEMEX Prepays 2017 Maturity in Credit Agreement, Has No Significant...
11/28/201617:00:00CEMEX and Quikrete Agree on Terms and Conditions for Sale of...
11/18/201616:30:00CEMEX and GCC Close the Sale of Certain Assets in the U.S.
11/17/201606:00:00CEMEX to Digitally Transform Its Customers’ Experience in Collaboration w...
11/17/201606:00:00CEMEX to Digitally Transform its Customers' Experience in Collaboration...

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US