Champion REIT Announces 2022 Interim Results

HONG KONG, Aug 19, 2022 – (ACN Newswire) – Champion Real Estate Investment Trust (Stock Code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2022. Summary of financial results 1H 2022 1H 2021 ChangeTotal Rental Income (HK$ million) 1,196 1,260 – 5.0%Net Property Income (HK$ million) 1,044 1,137 – 8.2%Distributable Income (HK$ million) 704 790 – 10.9%Distribution per unit (HK$) 0.1064 0.1197 – 11.1% 30 Jun 2022 31 Dec 2021 ChangeGross Value of Portfolio (HK$ million) 64,761 65,296 – 0.8%Net Asset Value per unit (HK$) 8.15 8.25 … Continue reading Champion REIT Announces 2022 Interim Results

Hektar REIT Sustainability & CSR Initiatives Gets Awarded

KUALA LUMPUR, Aug 18, 2022 – (ACN Newswire) – Hektar Real Estate Investment Trust (Hektar REIT) has been awarded "Company of the Year" under the "Stakeholder and Community Sustainability Engagement Initiatives" category of the Sustainability & CSR Malaysia Awards 2022 held today at Mandarin Oriental Hotel Kuala Lumpur. Second from Left: Secretary-General of the Ministry of Rural Development, YBhg Datuk Ramlan Harun and CEO of Hektar Asset Management Johari Shukri bin Jamil Johari Shukri bin Jamil, CEO of Hektar Asset Management This award follows the recent 4-star Environmental, Social and Governance (ESG) rating upgrade received by Hektar REIT as a … Continue reading Hektar REIT Sustainability & CSR Initiatives Gets Awarded

Hatten Land Signs Partnership Agreement to Launch The World’s First-of-its-Kind Mobile Legends: Bang Bang, Southeast Asia’s Top Game with 100 Million Monthly Active Users, Themed Integrated Esports Hub in Melaka at ElementX

– Continual advancement of Hatten Land’s strategic pivot, including Phygital, Metaverse and Esports, to attract footfalls and increase value of its physical assets by re-purposing the assets and partnering with established industry leaders– The partnership agreement is signed with MOONTON Games, an international gaming developer known for producing highly acclaimed Mobile Legends: Bang Bang (“MLBB”), which has more than one billion downloads globally with a consistent player base of 100 million monthly active users and it is the number 1 multiplayer online battle arena game in Southeast Asia(1)– Hatten Land’s ElementX mall and hotel will be transformed into the world’s … Continue reading Hatten Land Signs Partnership Agreement to Launch The World’s First-of-its-Kind Mobile Legends: Bang Bang, Southeast Asia’s Top Game with 100 Million Monthly Active Users, Themed Integrated Esports Hub in Melaka at ElementX

Elite Partners continues acquisition spree with the purchase of a warehouse in Poland

Singapore, Aug 16, 2022 – (ACN Newswire) – Elite Partners Capital has completed an off-market acquisition of a warehouse in Radomsko, Poland for close to EUR30 million. This marks the firm's third purchase within a span of six weeks, after announcing acquisitions in UK and Netherlands. The asset is well-located in Central Poland, being in the immediate vicinity of the A1 motorway, national roads DK 42 and DK 91, as well as key railway junctions. It is the first facility within "LOOGIC Park Radomsko" logistics park which will eventually house 11 warehouse halls totalling 380,000 sqm over 80 hectares of … Continue reading Elite Partners continues acquisition spree with the purchase of a warehouse in Poland

Elite Partners Makes Maiden Entry into the Dutch Logistics Market with Acquisition of a Warehouse in Netherlands

Singapore, Aug 2, 2022 – (ACN Newswire) – Elite Partners Capital has acquired a warehouse in central Netherlands from a private investor. This comes shortly after its acquisition of a distribution facility in Wrexham UK, announced just earlier in the month. This marks the firm's first foray into the Dutch logistics market. The asset is located at Nunspeet, a city just outside the Randstad area in the middle of Netherlands. Located alongside the A28 motorway, it serves as one of multiple industrial/logistics hubs that connects the Randstad area with the northeastern provinces and the northern part of Germany. The asset … Continue reading Elite Partners Makes Maiden Entry into the Dutch Logistics Market with Acquisition of a Warehouse in Netherlands

Mitsubishi Electric Building Solutions Delivers 123 Elevators to Large Office Building in China

TOKYO, Aug 2, 2022 – (ACN Newswire) – Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that Shanghai Mitsubishi Elevator Co., Ltd. has delivered 123 elevators for JD.com's new Headquarters building *1 for second phase construction. JD.com Headquarters (Second Phase Construction) The building is located in Yizhuang Economic Development Zone in Beijing and has a total floor area of 530,000 square meters. Approximately 15,000 people work in the 19-story building complex consisting of three parts (A, B and C office buildings), including five underground floors. Since many employees and visitors come and go … Continue reading Mitsubishi Electric Building Solutions Delivers 123 Elevators to Large Office Building in China

Avi8ted Ventures Showcase Washington, D.C.’s Progress as a Global Emerging Tech Ecosystem for BIPOC and Women Founders

Washington, D.C., Jul 25, 2022 – (ACN Newswire) – Avi8ted Ventures, a DC-based impact innovation ecosystem operating at the intersection of Real Estate, Tech, and Culture to host DC's Futurist Startup Showcase, bringing investors and partners together with BIPOC and Women Founders. Avi8ted Ventures, Ying Skillsharing, and Jentry Search will showcase sustainable community harnessing business models that leverage technology and economics for the sake of the people, while providing Futurist insight on the Human Experience. The goal of the event is to raise both capital and awareness, while connecting Avi8ted Thought leaders such as investors, professionals, politicians, artists, and activists … Continue reading Avi8ted Ventures Showcase Washington, D.C.’s Progress as a Global Emerging Tech Ecosystem for BIPOC and Women Founders

KWIH launches Navale in Shanghai and Sierra in Nanjing, First batch of units fully subscribed on the first launch day

HONG KONG, Jul 18, 2022 – (ACN Newswire) – K. Wah International Holdings Limited ("KWIH" or "the Group") (stock code: 00173) launched premium residential property projects, Navale in Pudong New District, Shanghai, and Sierra in Jianye District, Nanjing, for sale this June. Both recorded satisfactory results. The first batch of units nearly sold out on the first launch day, and more units of Sierra have subsequently been launched on the market. Located in Pudong New District of Shanghai, Navale occupies a total GFA of approximately 14,200 square metres (sq.m), providing more than 100 distinctive residential units with an area ranging … Continue reading KWIH launches Navale in Shanghai and Sierra in Nanjing, First batch of units fully subscribed on the first launch day

SHKP Shopping Malls Clinch 1 Gold and 3 Silvers at 2022 ICSC MAXI Awards

HONG KONG, Jul 11, 2022 – (ACN Newswire) – Twelve major shopping malls under Sun Hung Kai Properties (SHKP) including East Point City, Harbour North, Landmark North, Park Central and Mikiki have been flexing their creative muscles amid the pandemic with out-of-the-box campaigns as well as all-encompassing promotion and marketing strategies both online and offline. Their outperforming promotion campaigns have gained recognition at the 2022 MAXI Awards with one gold and three silver awards, and are the only winners from Hong Kong among the global application. 'LINE FRIENDS WORLD FEASTival' by SHKP 8 malls 'Let's Paw-ty in Art Gallery: Cat … Continue reading SHKP Shopping Malls Clinch 1 Gold and 3 Silvers at 2022 ICSC MAXI Awards

Elite Partners Acquires Distribution Facility in UK

LONDON, Jul 6, 2022 – (ACN Newswire) – Elite Partners Capital ("EPC") has completed another acquisition of a distribution facility in the UK for over GBP 30M. The asset is located within Wrexham Industrial Estate, a premier industrial location and one of the largest industrial estates in the UK, well placed to serve both Wales and England. The estate extends to over 550 hectares and is home to over 340 businesses creating employment for over 10,000 people. The distribution facility, consisting of two detached industrial warehouse facilities, provides in total 723,114 sqft of built up space on a 45.9 acres … Continue reading Elite Partners Acquires Distribution Facility in UK