Commercial Real Estate

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 1979

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 4827

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 1991

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 1057

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 13:06 945

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 21:38 854

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 4540

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 3003

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 9354

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 18:02 889

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 1968

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 2267

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 5198

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 2184

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 1615

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 4688

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 1361

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 6512

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 1382

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 2841
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