Real Estate
Superland announces 2021 annual results
Revenue and gross profit increased by 17.3% and 9.7% respectively Financial Highlights Year ended 31 December HK$'000 2021 2020 Change Revenue 798,108 680,212 +17.3% Gross profit 102,298 93,197 +9.7% Profit for the year attributable to owners of the Company 12,597 18,049...
REALTY ONE GROUP NAMED A TOP RECESSION-PROOF FRANCHISE BY FRANCHISE BUSINESS REVIEW
LAS VEGAS, March 31, 2022 /PRNewswire/ -- Realty ONE Group, a modern, purpose-driven lifestyle brand and ONE of the fastest growing franchisors in the world, was named a 2022Top 100 Recession-Proof Franchise by Franchise Business Review demonstrating once again that the company is ONE of the most...
New home ownership concept in Thailand's largest property development project combines home with provision of a lifetime of first-class healthcare and wellness services
'The Aspen Tree' branded residences at The Forestias to offer both a home as well as a lifetime of first-class healthcare and wellness services and healthcare insurance included in the purchase priceas part of new 'Holistic Lifetime Care' concept Up to US$ 62,000 in introductory discounts and ca...
SAVILLS PARTNERS WITH SINGAPORE NEOBANK BANCO PLATFORM
ON DIGITALISATION, SUPPLIERS' FINANCING AND ESG
SINGAPORE, March 29, 2022 /PRNewswire/ -- Leading real estate advisor,
Savills (Singapore) Pte Ltd, today announced a strategic partnership with
neobank banco platform, a Singapore FinTech company.
Geberit's Space-saving Innovations Tackle Sustainability Challenges for High-Density Building Developments in SEA
SINGAPORE , March 28, 2022 /PRNewswire/ -- Geberit Group, the European market leader in eco-friendly drainage systems, is supporting designers, developers and architects inAsia to create sustainable high-rise buildings with its ground-breaking SuperTube and Pluvia systems. Engineered to strike th...
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) ...
MAD MONKEY HOSTELS SECURES US$4.6M INVESTMENT FROM EXS TO ACCELERATE THEIR EXPANSION ACROSS SOUTHEAST ASIA
Mad Monkey, a leading Southeast Asia-based hostel operator and provider of high-octane, sustainable, travel experiences, has closed its first major round of fundraising from the EXS Property Innovation Concepts VCC ("EPIC"), a Singapore-domiciled fund platform sponsored and managed by EXS, a speci...
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....
CapitaLand Investment launches value-add logistics fund in South Korea to grow funds under management
SEOUL, South Korea, March 22, 2022 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has launched a value-add logistics fund inSouth Korea via a joint venture with PGIM Real Estate[1] to grow its funds under management[2] (FUM). CLI has a 10% stake in the fund while the remaining stake is held...
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...
Hwasung Industrial Co. Chairman Lee Hong Joong Submits Shareholder Proposal Seeking to Maintain His Board Seat and Appoint New Board Members
* Chairman Lee seeks construction industry leadership for Hwasung based on his business vision, track record, and trust from customers and employees * The proposal highlights the urgent need to establish checks and balances and institute a board that will not abuse its powers and privileges ...
The President Authorizes EB-5 Regional Center Program with Favorable Provisions
U.S. Immigration Fund Announces the Reauthorization of the EB-5 Immigration Regional Center Program. WASHINGTON, March 18, 2022 /PRNewswire/ -- As of Tuesday the President has signed and approved the FY2022Omnibus Appropriations Bill which includes updates to the EB-5 program. This approval come...
Exclusive island living comes to life with the launch of Al Hamra's AED1 billion Falcon Island in Ras Al Khaimah
RAS AL KHAIMAH, UAE, March 17, 2022 /PRNewswire/ -- Al Hamra, the leading
lifestyle developer and investment company inRas Al Khaimah - United Arab
Emirates, has launched an exclusive freehold luxury villa project on an island
within the award-winning Al Hamra Village residential community.
Warwick completes Belgravia ensemble with acquisition of the Mozart Portfolio
LONDON, March 15, 2022 /PRNewswire/ -- Warwick Investment Group has completed
its largest deal to date with the acquisition of 25 apartments across 5
unbroken freeholds across Ebury Street in Belgravia.
Rumah Klasik Expands European-Style Luxury House Development Outside Java
JAKARTA, Indonesia, March 15, 2022 /PRNewswire/ -- Rumah Klasik, an architecture and contractor consultant company based inEast Jakarta, has officially announced the expansion of their services outside Java. Rumah Klasik focuses on building European-style classic and luxury houses to help conglo...
Arcc Spaces Shares That The Virtual Office Is A Good Working Solution for Small Businesses Beyond COVID-19
SINGAPORE, March 14, 2022 /PRNewswire/ -- Arcc Spaces
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....
Roofstock raises $240M at $1.9B valuation to expand access to real estate investing
OAKLAND, Calif., March 10, 2022 /PRNewswire/ -- Roofstock, the leading end-to-end online platform for single-family rental (SFR) investing, today announced it closed a$240 million Series E equity financing round, bringing the company's valuation to$1.94 billion. SoftBank Vision Fund 2 led the fin...
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...
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