Real Estate
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...
The Brooklyn Tower Launches Sales for the Borough's Highest Condominium Residences
Developed and built by JDS Development Group and designed by SHoP Architects, the borough's first residential supertall tower commands soaring views of the Manhattan and Brooklyn skylines, New York harbor, and East River. BROOKLYN, N.Y., March 10, 2022 /PRNewswire/ -- JDS Development Group announc...
Gaw NP Industrial accelerates footprint in Vietnam while driving ESG initiatives
HO CHI MINH CITY, Vietnam, March 9, 2022 /PRNewswire/ -- Leading real estate
corporationGaw NP Capital
ESR KendallSquare REIT selected as the first listed K-REIT to join FTSE EPRA Nareit Global Developed Index & FTSE EPRA Nareit Developed Asia Index
SEOUL, South Korea and HONG KONG, March 9, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821) today announced that ESR KendallSquare REIT (KRX Stock Code: 365550), Korea's leading logistics and industrial real e...
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...
OrangeTee & Tie launches first Real Estate Salesperson Internship Programme
* $500k sponsorship for inaugural batch of 200 interns * Free revision for RES exams included SINGAPORE, March 3, 2022 /PRNewswire/ -- Real estate agency OrangeTee & Tie (OTT) has launched its Real Estate Salesperson (RES) Internship Programme to help aspiring RESs enter the real estate agenc...
ESR to develop US$1.5 billion multi-phase logistics park on 505,647 sqm site in Greater Osaka
TOKYO and HONG KONG, March 3, 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, announced its latest multi-phase logistics development inGreater Osak...
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