Commercial Real Estate

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 6489

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 4560

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 11577

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 2758

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 4524

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 3917

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 8144

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 7069

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 3383

Grand Gateway 66 Reaffirms its Leading Luxury Retail Position with Completion of Asset Enhancement Initiative

HONG KONG, Nov. 19, 2020 /PRNewswire/ -- Grand Gateway 66, the landmark Shanghai project of Hang Lung Properties Limited (HKSE stock code: 101), today celebrated the completion of its large-scale Asset Enhancement Initiative (AEI) which has taken more than three years, boosting the project's lead...

2020-11-19 19:49 7026

Kaisa Finance & Technology Center Topped out

SHENZHEN, China, Nov. 19, 2020 /PRNewswire/ -- On November 12, the Kaisa Finance & Technology Center has topped out. Hitachi will provide all of the project's 46 escalator products and services, including 12 super high-speed elevators (5m/s~8m/s).

2020-11-19 08:59 3304

Orisun Acquisition Corp. and Ucommune Group Holdings Limited Announce Closing of Business Combination

NEW YORK, Nov. 18, 2020 /PRNewswire/ -- Orisun Acquisition Corp. (NASDAQ: ORSN), a special purpose acquisition company ("Orisun"), and Ucommune Group Holdings Limited ("Ucommune" or the "Company"), a leading agile office space manager and provider inChina, today announced the completion of the...

2020-11-18 21:00 7384

Arcc Spaces Collaborates With SHAREit To Set Up Commercial HQ

SINGAPORE, Nov. 12, 2020 /PRNewswire/ -- SHAREit app is one of the fastest growing and popular platforms in the world with over 1.8 billion users across 200 countries and regions. The app is owned by Smart Media4U Pte. Ltd. Recently, the company chose to locate its commercial headquarters at Arcc...

2020-11-12 10:00 2930

Empire State Building And iHeart Radio Unwrap Carrie Underwood's Christmas Album 'My Gift' For Annual Holiday Light Show

NEW YORK, Nov. 12, 2020 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) and iHeartMedia today announced that the annual Empire State Building (ESB) holiday music-to-light show will featureCarrie Underwood's new song "Hallelujah" with John Legend, from her first-ever Christmas albumMy...

2020-11-12 04:54 4931

Nel ASA: Selected by Iberdrola as preferred supplier for a 20 MW green fertilizer project in Spain

OSLO, Norway, Nov. 4, 2020 /PRNewswire/ -- Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has been selected as preferred supplier by Iberdrola for a 20 MW PEM solution for a green fertilizer project inSpain. Contract award is subject to mutual agreement on the final commercial t...

2020-11-04 03:35 11189

Hotel Plus 2021 Will Open a New Chapter to Gather over 2,000 Exhibitors with The Exhibition Space Of 200,000 sqm

SHANGHAI, Nov. 3, 2020 /PRNewswire/ -- The 2021 edition of Hotel Plus show, organized by Sinoexpo Informa Markets, will be held fromMarch 30th to April 2nd at Shanghai New International Expo Centre (SNIEC). Covering all the 17 halls of SNIEC, the mega event is expected to reach 200,000 sqm exhibi...

2020-11-03 08:52 2682

SAMHK Launches the First REITs ETF in Hong Kong

HONG KONG, Oct. 15, 2020 /PRNewswire/ -- Samsung Asset Management (Hong Kong) Limited ("SAMHK") announces the listing of Samsung S&P High Dividend APAC ex NZ REITs ETF (HKD Counter: 3187.HK/USD Counter: 9187.HK), the first ever REITs ETF on the Stock Exchange ofHong Kong. Tracking the performance...

2020-10-15 15:23 15300

SAMHK Launches the First REITs ETF in Hong Kong

HONG KONG, Oct. 15, 2020 /PRNewswire/ -- Samsung Asset Management (Hong Kong) Limited ("SAMHK") announces the listing of Samsung S&P High Dividend APAC ex NZ REITs ETF (HKD Counter: 3187.HK/USD Counter: 9187.HK), the first ever REITs ETF on the Stock Exchange ofHong Kong. Tracking the performance...

2020-10-15 10:43 8045

Planon signs partnership with MazeMap

BRIGHTON, England, Oct. 14, 2020 /PRNewswire/ -- Planon and MazeMap  are partnering to integrate Planon's software for real estate, space, and asset management and MazeMap's digital wayfinding solutions. This will enable organisations to offer an improved real-time user ex...

2020-10-14 21:00 3064

JERDE Announces a Global Slate of New Projects Showcasing Diverse Architectural Typologies

SINGAPORE, Oct. 14, 2020 /PRNewswire/ -- In addition to its vast portfolio of commercial and hospitality destinations, JERDE (The Jerde Partnership) has announced the opening, construction and development of new projects around the world that explore mixed-use, urban villages, civic, cultural, an...

2020-10-14 14:00 5828