Commercial Real Estate

LOFTER GROUP donates 15,000+ pcs of personal protective supplies to elderly homes to help fight COVID-19

HONG KONG, April 6, 2022 /PRNewswire/ -- LOFTER GROUP ("LOFTER" or "the Group"), a Hong Kong-based property developer, has donated over 15,0000 pieces of personal protective supplies to local elderly homes under its LOFTER-Care Community Program to help fightCOVID-19, and hope to lend help to t...

2022-04-06 13:02 2918

ESR partners with PGIM Real Estate in BTS redevelopment to build 64,490 sqm logistics facility for POKKA in Singapore

* POKKA has signed a 10-year lease to commit a minimum of 70% of the building space * US$100 million investment in partnership with PGIM Real Estate, representing ESR's first joint venture with the global asset manager SINGAPORE andHONG KONG, April 1, 2022 /PRNewswire/ -- ESR Cayman Limited (...

2022-04-01 19:51 4717

Self Storage Asia Awards Winners announced at Awards Ceremony on March 30, 2022

HONG KONG, March 31, 2022  /PRNewswire/  -- The Self Storage Association Asia is proud to announce the winners of the inaugural Self Storage Association Awards Asia. The Awards recognise Asia-wide and local excellence in self storage. The industry has grown stead...

2022-03-31 21:36 3551

ESR delivers strong FY2021 results with record achievements

FY2021 highlights * AUM hit a record high of US$39.4 billion, up 32% year-on-year ("y-o-y") * Achieved record capital raising of US$5.8 billion with 9 new/upsized funds and mandates, representing 64.3% y-o-y growth * Achieved record (i) development starts worth of US$3.3 billion, (ii) ...

2022-03-24 20:18 4634

CMC REIT Announces 2021 Annual Results

CMC REIT's Total Revenue Reached RMB432.8 Million with a payout ratio of 100% Overall Occupancy Rate of Property Portfolio Remains High at 87.7% HONG KONG, March 23, 2022 /PRNewswire/ -- China Merchants Commercial Real Estate Investment Trust ("CMC REIT" or "the Trust", HKEX stock code:1503), an...

2022-03-23 15:18 14345

Warburg Pincus-backed NWP Property and CRE Asia Establish a Joint Venture Focusing on Modern Logistics Real Estate Opportunities

SINGAPORE, NEW YORK and JAKARTA, Indonesia, March 22, 2022 /PRNewswire/ -- Today, PT Nirvana Wastu Pratama ("NWP Property"), Indonesia's largest and fastest-growing New Economy enabled consumer infrastructure platform co-founded by Warburg-Pincus and led by its CEOTimothy Daly, CRE Asia Pte. Ltd....

2022-03-22 09:00 3057

Quarz & unitholders seek MAS' support to ensure Mapletree North Asia Commercial Trust upholds corporate governance in the inferior merger proposal with Mapletree Commercial Trust

SINGAPORE, March 18, 2022 /PRNewswire/ -- Quarz Capital Management, Ltd today released a letter sent to the Monetary Authority ofSingapore, the full text of which is provided below.   To MAS Officer-In-Charge, PROPOSED MERGER OF MAPLETREE COMMERCIAL TRUST (SGX:N2IU) AND MAPLETREE NORTH ASIA COM...

2022-03-18 15:39 3398

AMERICAN STANDARD TO HOST DESIGN CATALYST L!VE, AN INDUSTRY EVENT TO INSPIRE THE FUTURE WITH PURPOSEFUL DESIGN

SINGAPORE, March 14, 2022 /PRNewswire/ -- American Standard, one of the most iconic brands in sanitary ware and part of the LIXIL Group, is hosting the American StandardDesign Catalyst L!VE, a webinar bringing together thought leaders in Architecture and Design from across theAsia Pacific region....

2022-03-14 13:17 2966

Sino Group and Ng Teng Fong Charitable Foundation Step Up COVID Support for Children and the Elderly

HONG KONG, March 10, 2022 /PRNewswire/ -- Sino Group and its philanthropic arm, the Ng Teng Fong Charitable Foundation (NTFCF), are stepping up support for children and the elderly in combating COVID-19. The Group and NTFCF are donating 20,000 oximeters to residential care homes and elderly livin...

2022-03-10 17:03 3168

Goodman empowers disadvantaged women and children through new partnership with Habitat for Humanity Hong Kong and Women Build 2022

HONG KONG, March 8, 2022 /PRNewswire/ -- Commencing on International Women's Day, Goodman Group, through the Goodman Foundation is partnering with Habitat for Humanity Hong Kong ("Habitat") for Women Build 2022. Habitat's Women Build is an international campaign that has been attracting volunteer...

2022-03-08 09:33 2465

ESR's acquisition of ARA named "Deal of the Year: Asia" in 2021 PERE Global Awards

HONG KONG, March 1, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, is pleased to announce that the Group's acquisition of ARA Asset Management (...

2022-03-01 20:33 5589

Sino Group and Ng Teng Fong Charitable Foundation Partner with HKCSS and Social Welfare Department to Distribute 500 Belun(R) remoVital Remote Monitoring Systems to Care Homes

HONG KONG, Feb. 24, 2022 /PRNewswire/ -- Sino Group and the Ng Teng Fong Charitable Foundation, its philanthropic arm, are partnering with the Hong Kong Council of Social Service (HKCSS) and the Social Welfare Department to distribute 500 Belun® remoVital remote monitoring systems to residential ...

2022-02-24 14:26 3109

CHINA EVERGRANDE GROUP: International bondholder and DMSA file an allegation of criminal conduct against defaulted Evergrande Group

International bondholder and DMSA file an allegation of criminal conduct against defaulted Evergrande Group BERLIN, Feb. 23, 2022 /PRNewswire/ -- For months, China Evergrande Group has been teetering on the brink of insolvency. On several occasions,China's second-largest real estate develop...

2022-02-23 22:00 3309

Witnessing the 18-Year Coworking Evolution - Interview with Jane Hu, Director of Centre Success, Arcc Spaces

SINGAPORE, Feb. 23, 2022 /PRNewswire/ -- As the cost of traditional office spaces continues to rise, an increasing number of businesses are choosing to share offices instead. While the concept originated inthe United States and Europe, this shared office trend had spread throughout Asia and other...

2022-02-23 09:00 3045

IPC Shopping Centre Upgrades Key Facilities to Strengthen its Position as a Family-Friendly Shopping Destination

PETALING JAYA, Malaysia, Feb. 22, 2022 /PRNewswire/ -- The quintessential neighbourhood shopping centre, IPC Shopping Centre has invested in upgrading and refurbishing equipment within the centre to provide an improved Shopping experience for its customers.

2022-02-22 09:00 2918

Carrianna plans to cooperate in the regeneration of the Greater Bay Area with Sigma and Jun Gao

HONG KONG, Feb. 17, 2022 /PRNewswire/ -- Carrianna Group Holdings Company Limited ("Carrianna", together with its subsidiaries, the "Group"; stock code: 126.HK), is pleased to announce that Carrianna Land Development Limited ( Carrianna Land), the direct wholly-owned subsidiary of the Group, plans...

2022-02-17 20:31 5483

LAURA HINES-PIERCE PROMOTED TO CO-CEO OF HINES

She joins father Jeff Hines as co-leader of the firm HOUSTON, Feb. 10, 2022 /PRNewswire/ -- Hines, the global real estate firm, today announced thatLaura Hines-Pierce has been promoted to co-CEO of the firm, effective immediately. Laura has served as Hines' senior managing director in the office...

2022-02-10 23:00 3667

Shopless: Why Home Auctions Have Increased in Popularity

AUCKLAND, New Zealand, Feb. 10, 2022 /PRNewswire/ -- Over the past year house prices inNew Zealand have continued to rise rapidly. However the median length of time a house was on the market extended from 27 days to 29 days. Factors such as the lockdowns over 2021 contributed to a slow in the med...

2022-02-10 09:17 2333

Celebrating Coromandel's 8th Anniversary at Arcc Spaces: Flexible Work Solutions For Their Business Expansion in China

SINGAPORE, Feb. 8, 2022 /PRNewswire/ -- Arcc Spaces , the pioneering flexible workspace service provider, celebrates Coromandel's extraordinary 8th anniversary of staying with the workplace inShanghai, China. Coromandel International (also known as 'Coromandel'...

2022-02-09 10:01 3901

Temple Mall Celebrates Chinese New Year with the "Tapestry of Luck" East meets West with 12 Embroidered Cloth Tigers

* Celebration features 12 cloth tigers, representing a folk craft on China's list of National Intangible Cultural Heritage * Local female artist uses delicate French needlework to bring together Chinese and Western traditions * Blessed Tiger Ornament redemption campaign to herald a prosperou...

2022-01-21 12:26 2678
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