Commercial Real Estate

Masdar enters strategic agreement with Emirates NBD Asset Management to provide services for UAE's first 'green' REIT

- Sustainable real estate investment trust (REIT) established at Abu Dhabi Global Market under the first private REIT regime in MENA - The Masdar Green REIT has received approval to commence activities from ADGM's Financial Services Regulatory Authority (FSRA) ABU DHABI, UAE, Jan. 20, 2021 /PRNe...

2021-01-20 16:13 1468

Godrej Fund Management announces the First Close of its new USD 500 million (~INR 3,700 crore) office development platform

- The Company has held the First Close of USD 250 million for its new office platform that will develop Class-A office assets across India  SINGAPORE, Jan. 18, 2021 /PRNewswire/ -- Godrej Fund Management ("GFM"), the real estate private equity arm of the Godrej Group, announces the First Close o...

2021-01-18 12:01 1644

Panchshil Office Parks Commissions Phase II of Panchshil Business Park at Baner-Balewadi in Western Pune's Business District

- Qualys, VMWare & Veritas amongst the latest anchor occupiers to lease office space there PUNE, India, Jan. 13, 2021 /PRNewswire/ -- Panchshil Office Parks — a unit of Pune-based Panchshil Realty — today announced the commissioning of Phase II of Panchshil Business Park located in westernPune's...

2021-01-13 23:10 3254

Marriott International Signs Milestone Branded Residential Project

HONG KONG, Jan. 6, 2021 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced a milestone agreement withVietnam-based real estate firm Masterise Homes to develop a dual-branded residential and officetel project in Ho Chi Minh City. According to the Savills International Develo...

2021-01-06 12:00 7442

Hang Lung Properties Wins String of International Annual Report Awards

HONG KONG, Dec. 28, 2020 /PRNewswire/ -- Hang Lung Properties is pleased to announce that its Annual Report for the financial year 2019 has won 17 awards from five international awarding bodies, including the International ARC Awards, Galaxy Awards, LACP 2019 Vision Awards, 2020 International Bus...

2020-12-28 16:50 7226

NWD Sets Sales Record for Commercial Property in Hong Kong as Buyers Snap Up 74 Units in a Week

HONG KONG, Dec. 23, 2020 /PRNewswire/ -- Units at New World Development's grade A commercial building in Cheung Sha Wan,Hong Kong were snatched up in two rounds of sales on 12 and 17 December, taking just one hour each to hitHKD 1.3 billion for total of 74 units. In spite of the pandemic's fourth...

2020-12-23 18:13 2683

Hang Lung Announces Sustainability Goals and Targets for 2030

HONG KONG, Dec. 15, 2020 /PRNewswire/ -- Hang Lung Group Limited (Stock Code: 00010) and Hang Lung Properties Limited (Stock Code: 00101), collectively, "the Companies," today announced a set of sustainability Goals and Targets to be achieved by 2030. The Goals and Targets reaffirm the Companies'...

2020-12-15 21:32 6289

FinTech start-up Fraxtor raised more than S$9 million in the last 9 months from its community of real estate co-investors

* Fraxtor has raised funds for 4 projects since March 2020, comprising two landed residential developments, one industrial development project in Singapore, and one student accommodation project in the UK. * The Fraxtor platform provides investors with hassle-free access to quality real estate...

2020-12-15 12:51 2989

Construction to Start Next Year on New infinity Convention Centre at Green Square, Sydney

SYDNEY, Dec. 15, 2020 /PRNewswire/ -- Crown Group will start construction early next year onSydney's most exciting new event and function space, Infinity Convention Centre, which will have capacity for up to 425 people at Green Square.

2020-12-15 10:00 1533

Hangzhou Shimao Wisdom Towers: The future is us. The future is here.

HANGZHOU, China, Dec. 10, 2020 /PRNewswire/ -- On December 3rd, industry leaders witnessed the completion of the main structure of the Shimao Wisdom Towers. This landmark building, with a height of about272m, will become a pioneer to promote the development of Numerous Smart Industry Belts.  The...

2020-12-10 13:06 1563

Asia-Pacific's Urban Development to Propel Global Construction Coatings Market by 2027, Finds Frost & Sullivan

SANTA CLARA, Calif., Dec. 9, 2020 /PRNewswire/ -- Frost & Sullivan's recent research,Changing Construction Practices Transforming the Global Construction Coatings Market, 2020, finds that the competitive environment in the sector is divided between regional companies and large market participants...

2020-12-09 21:38 1285

Hang Lung Bolsters Sustainability Commitment with Inaugural Sustainability-Linked Loans Worth HK$1.5 Billion

HONG KONG, Dec. 9, 2020 /PRNewswire/ -- Hang Lung Properties has signed two sustainability-linked loan (SLL) facility agreements with Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) and DBS Hong Kong (DBS) to the value ofHK$1.5 billion, demonstrating its commitment to further ...

2020-12-09 12:05 5990

Yincheng Life Service Controlling Shareholder Increased its Shareholding of 4,160,000 Shares

HONG KONG, Dec. 7, 2020 /PRNewswire/ -- The leading regional property management enterprise in the Yangtze River Delta Megalopolis,Yincheng Life Service CO., Ltd. ("Yincheng Life Service" or "the Company", together with its subsidiaries, "the Group"; Stock code: 1922) was informed by Mr. Huang Qi...

2020-12-07 20:37 4091

Hang Lung Collaborates with Hyatt to Open New Luxury Grand Hyatt Hotel in Kunming

HONG KONG, Dec. 3, 2020 /PRNewswire/ -- Hang Lung Properties today announced that Grand Hyatt, a luxury hotel brand under Hyatt, has been appointed to operate the Company's new luxury hotel in Kunming,Yunnan's capital city in Southwest China. The new Grand Hyatt Kunming hotel is scheduled to open...

2020-12-03 08:47 11112

Hang Lung Collaborates with Hyatt to Open New Luxury Grand Hyatt Hotel in Kunming

HONG KONG, Nov. 30, 2020 /PRNewswire/ -- Hang Lung Properties today announced that Grand Hyatt, a luxury hotel brand under Hyatt, has been appointed to operate the Company's new luxury hotel in Kunming,Yunnan's capital city in Southwest China. The new Grand Hyatt Kunming hotel is scheduled to ope...

2020-11-30 18:02 2263

Apec Diem Thuy Thai Nguyen Industrial Park becomes a new model industrial park in Vietnam

THAI NGUYEN, Vietnam, Nov. 26, 2020 /PRNewswire/ -- Located next to Hanoi, converged of many large industrial zones and considered as "the first choice" for manufacturers aiming to move out of the Chinese market,Thai Nguyen emerged as an industrial real estate market with the most potential in th...

2020-11-27 09:27 3995

Empire State Realty Trust Achieves GRESB 5 Star Rating in First Year of Participation

NEW YORK, Nov. 25, 2020 /PRNewswire/ -- In its first year of submission to GRESB, Empire State Realty Trust (NYSE: ESRT) earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the...

2020-11-25 03:23 3496

New World Development unveils "11 SKIES" - the first destination to combine wellness and wealth management, together with retail, dining and entertainment in Hong Kong

HONG KONG, Nov. 23, 2020 /PRNewswire/ -- New World Development Company Limited ("New World Group" or "the Group",Hong Kong stock code: 17) announced today the name of itsHK$20 billion mixed-use development project at the Hong Kong International Airport development SKYCITY:11 SKIES, which will be ...

2020-11-23 18:06 7715

Downtown Dubai prepares for a New Year's Eve spectacle to remember

- New Year's Eve gala will be broadcasted live globally and live-streamed on mydubainewyear.com DUBAI, UAE, Nov. 20, 2020 /PRNewswire/ -- Emaar, the master developer of the Burj Khalifa, willcelebrate New Year's Eve  with a grand masterpiece of firew...

2020-11-20 02:00 6550

Hongkong Land Launches HK$100 Million Hongkong Land HOME FUND in Support of the Hong Kong Community

HONG KONG, Nov. 19, 2020 /PRNewswire/ -- Hongkong Land today announced the launch of theHK$100 million Hongkong Land HOME FUND, an initial injection demonstrating their commitment to the long-term development of their future generations andtheir aspiration to contribute to the fostering of an inc...

2020-11-19 21:05 2997
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