Commercial Real Estate
Sino Land's Underlying Profit surges to HK$10.3 billion for FY2020/21
HONG KONG, Aug. 26, 2021 /PRNewswire/ -- Summary of 2020/21 Annual Results * Admist unprecedented challenges brought about by the COVID-19 pandemic, the Group recorded a good increase in profit attributable to shareholders. * Increase in underlying profit attributable to shareholders of 126%...
Starwood Capital Group & Arrow Capital Partners JV recapitalize properties located in Sydney, Melbourne and Brisbane with Altis Property Partners
MIAMI, Aug. 24, 2021 /PRNewswire/ -- A joint venture between an affiliate of Starwood Capital Group, a leading global investment firm, and Arrow Capital Partners, an investor and operator of real estate, announces they have entered into an agreement for the recapitalization of a portfolio of offi...
TKO Spot Presents TKO Spot-field, Hong Kong's Largest Rooftop Sports Space
Free Action Camera Rentals and DECATHLON Sports Equipment Trials in the 42,000-square foot Space * Four zones in TKO Spot's 'TKO Spot-field' promote an active lifestyle with physical challenges and selfie spots * 'Speed Avenue' provides multi-sport racing lanes suitable for anyone who loves ...
ESR delivers outstanding financial and operational results in 1H2021
* Business performance is accelerating across all segments (especially Fund Management) and AUM reachedUS$36.3 billion, up 36.9% year-on-year * EBITDA and PATMI achieved outsized growth of 38.6% and 60.9% year-on-year to US$373.5 million and US$213.9 million, respectively * Development Work...
The new QSNCC is scheduled to be open 2022 with 5 times larger space
BANGKOK, Aug. 19, 2021 /PRNewswire/ -- TCC Assets (Thailand) Co., Ltd, a leading investment holding and real estate company in Thailand has launched the new look of Queen Sirikit National Convention Center (QSNCC),managed by N.C.C. Management & Development Co., Ltd., after remodeling which will b...
Rising Demand for Energy Efficiency and Sustainability Boosts the Southeast Asian Integrated Facilities Management Market
Singapore and Malaysia are expected to witness the highest IFM adoption rates in Southeast Asia, reveals Frost & Sullivan SANTA CLARA, Calif., Aug. 19, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis onSoutheast Asian integrated facilities management (IFM) finds that the IFM market is on ...
CAPS 2.0 Honoured at Green Good Design Awards
HONG KONG, Aug. 19, 2021 /PRNewswire/ -- The patented second generation of City Air Purification System (CAPS 2.0), jointly developed by Sino Group and Arup, has been honoured in the 'green product/graphic design' category of Green Good Design Awards 2021 thanks to the stylish and practical desi...
Leju to Report First Half 2021 Financial Results on August 31, 2021
BEIJING, Aug. 17, 2021 /PRNewswire/ -- Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading e-commerce and online media platform for real estate and home furnishing industries inChina, today announced that it will report its unaudited financial results for the first half 2021 e...
Andy Zeng appointed as Managing Director for Guangzhou; takes on new challenge on top of existing leadership role
GUANGZHOU, China, Aug. 9, 2021 /PRNewswire/ -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has today announced the appointment ofAndy Zeng as Managing Director | Guangzhou, effective immediately. Since joining Colliers in May this year...
Labuan IBFC awarded Best Asian Captive Domicile 2021
KUALA LUMPUR, Malaysia, Aug. 5, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC),Malaysia has won the best Asian Domicile award for the third year running at the APAC Captive Review Awards 2021. Labuan IBFC's growth in captive insurance continues to outpace re...
ESR to acquire ARA Asset Management
A landmark transaction to create APAC's largest real asset manager powered by the New Economy * Combined AUM[1] of US$129 billion, more than 2x the next largest manager in APAC and 3rd largest listed real estate investment manager globally * Addition of LOGOS, ARA's captive logistics and data...
Ng Teng Fong Charitable Foundation will Donate 20 Scholarships with a Value of HK$200,000 Each for the Lucky Draw among Vaccinated Hong Kong Residents Aged 12 or Above and Below 18
HONG KONG, Aug. 3, 2021 /PRNewswire/ -- Encouraging the community to reach a high vaccination rate is an important way to achieve herd immunity, and in turn also enables students to return to school as soon as possible in a safe healthy environment. Everyone has a part to play in contributing to ...
One More Apartment for Lucky Draw if Five Million Hong Kong Residents Vaccinated by 30 September 2021
HONG KONG, July 30, 2021 /PRNewswire/ -- Inspired by the heroic efforts of our Hong Kong Olympians inTokyo, the grit, determination, teamwork and unity displayed by each and every one of them, the sponsors (Ng Teng Fong Charitable Foundation Limited, the philanthropic arm of Sino Group, and Chine...
NAM TAI PROPERTY INC. Announces Q2 2021 Results
SHENZHEN, July 29, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced its unaudited financial results for the quarter endedJune 30, 2021. SUMMARY All of our PRC lenders have demanded us to repay their respective outstanding loans immediate...
Survey of Japan Digital Transformation (DX) progress in the Real Estate Industry 2021
TOKYO, July 27, 2021 /PRNewswire/ -- A result of survey was announced by GA technologies Co.,Ltd. (Headquarters: Minato City,Tokyo; CEO: Ryo Higuchi; Securities Code: 3491; "the Company") on Friday 16th July, regarding how the real estate industry is embracing the wave of digital transformation....
Digital sidekick solves Singapore real estate agents' woes
* AI Chatbot, Rena, shortens cash conversion cycle, reduces paperwork and minimises human errors for real estate agencies * Real estate agents can now digitally manage deals, listings, and payments in one place, improving productivity by more than 50% * VIP Realtors received the Enterprise D...
Global Atelier Sdn Bhd Chooses Arcc Spaces As Long-Term Strategic Workplace Partner
KUALA LUMPUR, Malaysia, July 22, 2021 /PRNewswire/ -- Global Atelier Sdn Bhd, the leading fashion retail company managing some of the world's renowned fashion brands includingFred Perry and ALT3RD in Malaysia, celebrates its eighth anniversary with Arcc Spaces. Located at Centrepoint South in Mid...
BEEPLUS Increases the Value of Existing Real Estate While Harnessing the Growth Potential of the Companies It Serves
SHENZHEN, China, July 16, 2021 /PRNewswire/ -- With the continued evolution of the Internet and with more and more companies focused on innovative technologies, the requirements for an office are shifting from the need for basic functions to a communal workspace that is more humanized, creativel...
KWG Group Holdings Recognised for Corporate Excellence at the Asia Pacific Enterprise Awards 2021 Regional Edition
SINGAPORE, July 13, 2021 /PRNewswire/ -- Enterprise Asia, the organiser of the prestigious fifteenth Asia Pacific Enterprise Awards (APEA) 2021 Regional Edition is pleased to recognise 59 exceptional award recipients who have exemplified excellence and perseverance in this unprecedented period. T...
Hongkong Land successfully prices its first green bond
HONG KONG, July 7, 2021 /PRNewswire/ -- Hongkong Land today announced that it has successfully priced its inaugural green bond (the "bond"), raisingUS$500 million at a coupon rate of 2.25% per annum with a 10-year maturity. The bond was allocated to a mix of Asian and European institutional in...
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