Commercial Real Estate
Raffles City Is Set To Wow Shoppers And Tourists With A Rejuvenation That Integrates Luxury And Unique Experiences
* Over 50 new brands, inclusive of specialty retail stores or experiential concepts, are entering the mall as part of the asset enhancement initiative, that started in late 2021, to offer shoppers more trend-setting, luxurious and seamless shopping experiences. * Kicking off the first opening...
CanAm Hits Major Milestone with $2 Billion in EB-5 Repayments
NEW YORK, April 12, 2022 /PRNewswire/ -- CanAm Enterprises ("CanAm") is pleased to announce that it has reached a major industry-leading milestone with the repayment of$2 billion in EB-5 capital. Collectively, the proceeds of the EB-5 loans were invested into 46 different real estate and infrastr...
IPC encourages shoppers to step out of the metaverse and into the 'Jumpaverse' for this year's Raya Celebrations
Enjoy Ramadan and Raya celebrations with loved ones at IPC's Jumpaverse KUALA LUMPUR, Malaysia, April 8, 2022 /PRNewswire/ -- With the upcoming Raya celebration around the corner, IPC Shopping Centre (IPC) celebrates Ramadan and Hari Raya with their "Jumpaverse" campaign from now till 15th May whe...
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...
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 (...
Self Storage Asia Awards Winners announced at Awards Ceremony on March 30, 2022
HONG KONG, March 31, 2022 /PRNewswire/ -- The Self Storage Association Asia
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) ...
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...
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....
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...
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....
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...
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...
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 (...
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 ...
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...
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...
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.
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...
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...
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