Real Estate

ESR upsizes development joint venture in Korea with APG and CPP Investments by up to US$1 billion

SEOUL, South Korea and HONG KONG, July 6, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager, announced today the upsize of its second development joint venture ("ESR-KS II" or the "Joint Venture") in Korea with APG and Canada ...

2022-07-06 10:58 3613

ASCOTT ACQUIRES OAKWOOD WORLDWIDE TO FAST-TRACK GROWTH TO OVER 150,000 UNITS GLOBALLY

Acquisition adds to recurring fee income streams and expands lodging offerings to strengthen Ascott's leading position SINGAPORE, July 5, 2022 /PRNewswire/ -- CapitaLand Investment Limited's (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood W...

2022-07-05 19:37 3009

IPC Shopping Centre Celebrates Swedish Midsummer with Children's PLÅYSOMMAR and Green Campaign

KUALA LUMPUR, Malaysia, July 4, 2022 /PRNewswire/ -- IPC Shopping Centre celebrates its Swedish roots by hosting the famous Midsummer festival with an array of activities for shoppers to re-discover the magic of play and fun with loved ones. From now until 31st July 2022, shoppers can visit the ...

2022-07-04 21:12 2644

ESR recaps 873,000 sqm/RMB4.9 billion (US$730 million) balance sheet portfolio in China with a leading global institutional investor to further accelerate its asset light trajectory

The transaction represents ESR's largest-ever sell-down of a self-developed balance sheet portfolio with the plan to recycle the capital back into new and increasingly attractive opportunities across APAC SHANGHAI and HONG KONG, July 4, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Compa...

2022-07-04 11:14 3185

CrowdProperty Australia: Australia's severe home affordability woes set to worsen; Can investors help increase supply?

SYDNEY, July 4, 2022 /PRNewswire/ -- Australia's severe home affordability challenges are only set to worsen, as limited access to finance hampers the ability of small-scale developers to correct entrenched supply-demand imbalances.

2022-07-04 06:13 2345

A new food offering, Scape Eats, launches in Melbourne

THE LATEST IN STUDENT ACCOMMODATION OPENS IN MELBOURNE ON 1 JULY MELBOURNE, Australia, July 1, 2022 /PRNewswire/ -- Scape launches the latest in student accommodation - ScapeLincoln College - opening on Friday 1 July. This new 12-storey building features over 460 beds and the best amenities incl...

2022-07-01 06:00 3438

CMC REIT Passed the Resolution Approving China Merchant Towers Transaction Resolution

Unitholders Agree to Acquire Iconic CBD Property in Beijing HONG KONG, June 30, 2022 /PRNewswire/ -- China Merchants Commercial Real Estate Investment Trust ("CMC REIT" or "the Trust", HKEX stock code:1503) announced that the acquisition and transaction of China Merchants Tower in Beijing and oth...

2022-06-30 22:14 3928

DigiconAsia readers honor Asia Pacific's digital innovators

The inaugural DigiconAsia DX Solution Excellence Awards  honors Asia Pacific's digital innovators for providing transformative solutions and services across various industry sectors. SINGAPORE, June 30, 2022 /PRNewswire/ -- Over the...

2022-06-30 12:00 2808

Warwick consolidates Mayfair collection with Green Street portfolio addition

LONDON, June 30, 2022 /PRNewswire/ -- Warwick Investment Group has acquired two freehold buildings on Green Street to increase its footprint in Mayfair and further expand the size of its rental portfolio acrossCentral London.

2022-06-30 00:00 2575

NWD's Impact Kommons-backed Green Startups Clinch DBS Social Impact Prize For Advocating Social Innovation, Co-creating A More Sustainable Future

HONG KONG, June 29, 2022 /PRNewswire/ -- New World Development Company Limited ("NWD", the "Company" or the "Group",Hong Kong stock code: 00017) announced today that 11 Hong Kong and global companies onboarded by NWD's accelerator Impact Kommons have been recognised by DBS Social Impact Prize for...

2022-06-29 17:07 4819

Regional Center Lawsuits Receive Favorable Preliminary Injunction Ordering the Immediate Start of the EB-5 Regional Center Program

WASHINGTON, June 29, 2022 /PRNewswire/ -- Effective June 23, 2022, The Federal Court for the Northern District ofCalifornia granted and ordered USCIS to stop treating formerly deauthorized designated regional centers as such and they must be permitted to operate. A final judgement affirming the r...

2022-06-29 08:05 2503

4th Edition of WTCA Prime Office Index LatAm Proves Projections for the Premium Office Segment Are Increasingly Positive in Latin America

* The index started at -40% in 2020 and closed at 2% for the first half of 2022 with expectations to continue growing. * Leasing is projected to recover faster than the sales segment. * Premium office users value buildings with features and technologies that make them environmentally sustain...

2022-06-28 21:00 2068

ESR successfully completes 520,000 sqm of Class A, 100% pre-leased logistics warehouse space in South Korea within first half of 2022

Cementing ESR's leadership as the largest logistics owner in the country SEOUL, South Korea, June 27, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced that ESR-Kendall Square, ESR's ...

2022-06-27 13:54 3106

PennyGranny: ARE PORTABLE HOMES FOR HIRE THE SOLUTION TO AUSTRALIA'S AFFORDABLE HOUSING CRISIS?

SYDNEY, June 24, 2022 /PRNewswire/ -- If it's good enough for Elon Musk, could hired prefab homes be a solution to the rising housing crisis? PennyGranny, an innovative Australian affordable housing start-up, is convinced it's the way forward and will deliver a prefab, portable home direct tocust...

2022-06-24 15:22 3037

New World Development Announces Approval of Near-Term 1.5°C Aligned Science Based Targets and Commitment to Net-Zero

HONG KONG, June 24, 2022 /PRNewswire/ -- New World Development Company Limited ("NWD", the "Company" or the "Group",Hong Kong stock code: 00017) announced today that the Company has become the third real estate developer inAsia to receive the Science Based Targets initiative's (SBTi) approval of ...

2022-06-24 13:28 2923

Vietnam's Flamingo Group Wins Big in Prestigious International Real Estate Awards

The company has been recognized by both the IPA and the BCI Asia Awards in 2022 HANOI, Vietnam, June 24, 2022 /PRNewswire/ -- The Flamingo Holding Group  (Flamingo Group), a key player in the real estate arena both inVietnam and around the world, has emerged as t...

2022-06-24 09:57 3213

MONEYME launches ListReady direct to consumers to further empower sellers

SYDNEY, June 24, 2022 /PRNewswire/ -- Digital lender and non-bank challenger MONEYME  (ASX: MME) is expanding its ListReady  product in a bid to further empower sellers in a shifting property market. The popular payment solution f...

2022-06-24 09:45 2827

Durability Technology Can Achieve Massive Reductions in the Carbon Footprint of Concrete Structures - Report by Penetron International

* The cement industry contributes 8% of global CO2 emissions * PENETRON report finds that the carbon footprint of concrete structures can be reduced by up to 65% by using an advanced crystalline admixture that reduces concrete permeability * Advanced crystalline admixtures allow for greater ...

2022-06-23 11:01 2925

China Mobile Hong Kong and LAWSGROUP Announce Strategic Partnership

Introducing 5G smart iSolutions into LAWSGROUP's property projects Unveiling the first large-scale project – KTR 350 HONG KONG, June 22, 2022 /PRNewswire/ --  As a pioneer in 5G smart city development, China Mobile Hong Kong (CMHK) has been committed to the integration of 5G technology across in...

2022-06-22 20:44 4439

CENTRAL PARK TOWER, WORLD'S TALLEST RESIDENTIAL BUILDING, UNVEILS HIGHEST PRIVATE CLUB EVER

Lifestyle Curator Colin Cowie and Michelin Star Chefs Create Elevated Living Experience NEW YORK, June 21, 2022 /PRNewswire/ -- Nationally acclaimed real estate development firmExtell Development Company today officially unveiled the highly anticipated 100th Floor, the crowning jewel of Cen...

2022-06-21 23:13 3467
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