Real Estate
Yanlord HK signed a US$1.1 Billion Syndicated Loan Facility
* Yanlord HK signed a US$1.1 billion syndicated loan facility comprising a US$805 million equivalent dual-tranche term loan facility and a US$295 million equivalent dual-tranche revolving credit facility; * 3.5-year at 335 basis points margin on HIBOR or LIBOR; * A syndicate of 24 leading lo...
New World Group Wins Bid for the Middle Huaihai Road Land Parcel in Huangpu Region Shanghai for RMB4,111 Million Expands K11's Presence in Eastern China
HONG KONG, Aug. 11, 2020 /PRNewswire/ -- New World Development Company Limited ("New World Group" or "the Group",Hong Kong stock code: 17) announced that, the Group has successfully won the bid for 055-2 land parcel, unit C020102 in Huaihai Community, Huangpu District (Middle Huaihai Road land p...
Hitachi Elevator hosts "Enhance Wellness with Safe Use of Elevators" campaign in Wuhan
WUHAN, China, Aug. 11, 2020 /PRNewswire/ -- Hitachi Elevator recently hosted events in connection with the "Enhance Wellness with Safe Use of Elevators" campaign at two residential communities inWuhan as a complement to its 2020 Month of Quality for special equipment and Week of Elevator Safety p...
Building AQuisition Partners United Brings Asian Investors Into Fund
CHICAGO, Aug. 10, 2020 /PRNewswire/ -- Tosin Oduwole's Building AQuisition Partners United announced today the launch of a$100,000,000 real estate fund with a strategy of acquiring hundreds of properties inChicago's south side. Currently the fund is focusing on bringing in Asian investors fromHon...
RealVantage Wins Two Awards in the 7th Annual Asia-Pacific Stevie Awards
SINGAPORE, Aug. 7, 2020 /PRNewswire/ -- RealVantage
Leju to Report First Half 2020 Financial Results on August 20, 2020
BEIJING, Aug. 6, 2020 /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 2020 en...
WealthPark Raises JPY 907 Million for Digitalizing Alternative Investment Platform
TOKYO, Aug. 6, 2020 /PRNewswire/ -- WealthPark Co., Ltd. (Headquarter: Shibuya, Tokyo; CEO: Ryuta Kawada; "WealthPark") announced it has closed JPY 907 million ( USD 8.5 million(1)) in financing. SBI Investment Co., Ltd. (SBI AI&Blockchain LPS), Mizuho Capital Co., Ltd. (Mizuho Growth Fund No.3...
MDJM LTD Receives Nasdaq Staff Deficiency Letter
TIANJIN, China, Aug. 5, 2020 /PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company" or "MDJH"), an integrated real estate services company inChina, announced today that onAugust 3, 2020, it received a Nasdaq staff deficiency letter (the "Nasdaq Letter") notifying the Company that it was no longer...
Nam Tai Urges Shareholders to Reject IsZo's Attempt to Replace Nam Tai's Board of Directors
SHENZHEN, China, Aug. 5, 2020 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today responded to the letters published by IsZo Capital Management LP (together with its affiliates, "IsZo") onMay 27, 2020 and July 20, 2020, with the following statement: The Co...
With the completion of the Seoul International Financial Office, Seoul invites financial institutions to move into SFIO
SEOUL, South Korea, Aug. 5, 2020 /PRNewswire/ -- The Seoul Metropolitan
Government announced that it will open the "Seoul International Financial
Office (SIFO)" in Yeouido*, Korea's financial mecca, in this coming October.
Yanlord and GIC Sign an Investment Agreement of up To RMB 7 Billion
SINGAPORE and HONG KONG, August 5, 2020 /PRNewswire/ -- Yanlord Land Group Limited (Z25.SI)("Yanlord" or the "Company", and together with its subsidiaries, the "Group"), a Singapore Exchange-listed real estate developer focusing on developing high-end integrated commercial and residential propert...
Panchshil Realty's Office Portfolio First in APAC To Meet British Safety Council's Global Benchmarks for COVID-19 Related Control Measures
PUNE, India, Aug. 4, 2020 /PRNewswire/ -- Panchshil Realty and British Safety Council today announced a new milestone in workplace safety in the corporate real estate sector inIndia in the context of COVID-19 and safe return to work. Panchshil Realty has become the first and only real estate gro...
Danke Launches New Design Standard With Apartment 5.0
BEIJING, Aug. 3, 2020 /PRNewswire/ -- Phoenix Tree Holdings Limited ("Danke" or the "Company") (NYSE: DNK), one of the largest co-living platforms inChina with the fastest growth, introduced Danke Apartment 5.0, a new set of standardized interior design styles for its apartments that offer a more...
A new landmark in travel and hotel industry. Kerry Hotel Hong Kong and theDesk announce strategic partnership to build a business community within the hotel
HONG KONG, Aug. 3, 2020 /PRNewswire/ -- Kerry Hotel Hong Kong and theDesk today announced a strategic partnership to create a new milestone in travel and hotel industry by establishing a community within the hotel, to connect businesses and generate commercial opportunities, to hotel guests from ...
AECOM Asia Company Limited is conferred the Grand Award in Hong Kong Management Association's 2020 Quality Award
HONG KONG, Aug. 3, 2020 /PRNewswire/ -- AECOM Asia Company Limited ("AECOM"), the world's premier infrastructure firm, was presented with the Grand Award of the 2020 Hong Kong Management Association (HKMA) Quality Award, in recognition of the company's business excellence and quality achievement,...
FoodServiceDirect.com taps Unbxd's AI to power digital transformation across B2B and B2C
SAN MATEO, California, Aug. 3, 2020 /PRNewswire/ -- Unbxd Inc., a leading provider of AI-based Commerce Search and Product Discovery solution is changing the way shoppers buy groceries online onFoodServiceDirect.com (FSD). Unbxd, with its strong AI and ML capabilities, is able to provide highly r...
E-House to Become Leju's Majority Shareholder; E-House, Alibaba and Leju to Jointly Build Online Real Estate Platform; Alibaba to Increase Stake in E-House
BEIJING, July 31, 2020 /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 has become aware that E-House (China) Enterprise Holdings Limited ("E...
Fang to Report Second Quarter 2020 Financial Results on August 14, 2020
BEIJING, July 31, 2020 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang"), a leading real estate Internet portal inChina, today announced that it will report its unaudited financial results for the second quarter endedJune 30, 2020 before the U.S. market opens on Friday, August 14, 2020....
Asia's PropTech Firms Partnered to Disrupt Real Estate Markets
HONG KONG, July 30, 2020 /PRNewswire/ -- Interest in PropTech has been growing significantly, investment capital has poured billions of dollars into this market in the past few years whereUSD 75 billion since 2015 are invested and almost a third of that has been in 2019 alone. In this huge and ra...
MRI Software Launches New Residential and Commercial Solutions for APAC as it Announces Record Ascend Users Conference
Company's first virtual users conference showcases the value of MRI Living and MRI @Work for the APAC region, capping a year of major business growth, innovation and acquisitions SYDNEY, July 30, 2020 /PRNewswire/ -- MRI Software ("MRI"), a global leader in real estate software solutions, announ...
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