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Grow Condos, Inc. Closes 2nd Property Development for 35 Industrial Units

Grow Condos, Inc. Closes 2nd Property Development for 35 Industrial Units
EAGLE POINT, OR–(Marketwired – Apr 28, 2016) – Grow Condos, Inc., a fully reporting publicly traded company under the trading symbol ( OTC PINK : GRWC), a real estate purchaser, developer & manager of specific use industrial properties providing …
Read more on Marketwired (press release)

JLL Income Property Trust Grows Industrial Portfolio Acquiring 100-Percent
In keeping with JLL Income Property Trust's strategy to invest in "hubs of transportation" industrial markets proximate to irreplaceable transportation infrastructure, Tampa Distribution Center is strategically located in Tampa's Eastside submarket …
Read more on Marketwired (press release)

Property investment sales plunge 74% in Q1: DTZ

Property investment sales plunge 74% in Q1: DTZ
Real estate investment sales in Singapore, which corresponds to the sale of land, buildings and multiple units valued above $ 5 million, plunged by around 74 percent to $ 1.75 billion in Q1 2016, from $ 6.7 billion in Q4 last year, according to a DTZ …
Read more on PropertyGuru Singapore

Maker Maxity becomes home to sovereign and pension funds
Late last year, CPPIB took 11,860 sq ft space in the complex for Rs 315, according to Propstack, a commercial real estate data analytics firm. Singapore's GIC also has a 5,000 sq ft office in the complex. While Khazanah Nasional Berhad, the sovereign …
Read more on Business Standard (press release) (registration) (blog)

Versace bucks Hong Kong's retail slump to open its Asia flagship store in Central
Shanghai Commercial Bank said on Monday that the Milan-based fashion house has agreed to take up 12,600 square feet on the ground and first floor levels at its newly redeveloped building at 12 Queen's Road Central. The move comes seven months after US …
Read more on South China Morning Post

Asia's 50 Power Businesswomen 2016

Asia's 50 Power Businesswomen 2016
Singapore. Chew reigns as Singapore's “Businessman” of the Year, the first woman tapped for the honor in a decade. Chew's investment firm has stakes in real estate, hospitality and resources, and 2015 annual revenue of $ 389.9 million. To unlock capital …
Read more on Forbes

What Happens When a City Is Run by Private Industry?
An auto rickshaw drives past a high-rise residential building complex in Gurgaon. (AP Photo/ Manish Swarup). India is known for its … According to The Times of India, the National Highways Authority has already laid the groundwork for an eight-mile …
Read more on CityLab

Beulah International joins the race for Telstra site
Local private developer Salta Properties is also in the mix. And joining them in the race now is Beulah, a company backed by West Australian-based private investors with ties to Singapore and run by Jiaheng Chan and his partner, Adelene Teh. Ms Teh is …
Read more on The Australian Financial Review

Solving affordability issues

Solving affordability issues
Affordable suggestion: Bank Negara has also brought up the setting up of a central agency similar to Singapore's Housing Development Board, which is a systematic way to provide affordable housing. …. According to Bank Negara's Financial Stability and …
Read more on The Star Online

Wall Street set for flat open on mixed earnings reports
REUTERS – U.S. stock indexes were set to open flat on Friday as investors assessed mixed quarterly reports from bellwether companies such as Caterpillar and McDonald's. With recent economic data indicating a sluggish pace of economic growth globally …
Read more on Yahoo Finance UK

Maryland Board of Public Works advancing Purple Line construction

Maryland Board of Public Works advancing Purple Line construction
The Prince George's County Council is working to create walkable, vibrant communities with a mix of housing, jobs and retail, especially around the county's 15 metro stations and now, the additional Purple Line stations. This work includes developing a …
Read more on Howard University The District Chronicles

Developer of Maplewood Ave. site cries foul
PORTSMOUTH – Developer Chris McInnis contends a Planning Board member had a clear conflict of interest regarding his proposal to rezone property on Maplewood Avenue to develop workforce and affordable housing. McInnis believes board member Jay …
Read more on Seacoastonline.com

Board Updated on Expenditures and Revenue in Eastern Placer County
That was one of the key points shared with the Placer County Board of Supervisors last week in a presentation on services, programs, and projects delivered to citizens in eastern Placer County. The presentation, provided … Economic development and …
Read more on The Placer Sentinel

Firm fined for fatal hydrocarbon blast

Firm fined for fatal hydrocarbon blast
The incident occurred in August 2012 when workers from Sing Wah Enterprise were called to electronics company Toshiba Tec Singapore to remove a hydrocarbon refrigerant from an air conditioning at its factory. The call was … Hydrocarbon refrigerant …
Read more on Cooling Post

London records fastest growth in skyscraper commercial rents in the world
The Skyscraper Index from international real estate firm Knight Frank, which examines the rental performance of commercial buildings over 30 storeys across the world, shows that rents in skyscrapers in London rose 9.7% in the second half of 2015 …
Read more on Property Wire

Lotte targets 60 stores in Vietnam by 2020
HO CHI MINH CITY — South Korean conglomerate Lotte plans to expand its retail operations in Vietnam through mergers and acquisitions as it targets having 60 shopping malls in the country by 2020, a fivefold increase. The company will open its 12th …
Read more on Nikkei Asian Review

Latest Industrial Property News

EXCLUSIVE: Pennsylvania developer to build spec industrial buildings in Phoenix
Filled with "must read" stories, industry news and reporter insights, exclusive interviews with local business leaders, and expanded Top 25 Lists. Exclusive Online Tools. Research the 3+ year digital archive, and People on the Move leads database download.
Read more on Phoenix Business Journal

NAI Hanson arranges sale of industrial property in East Rutherford to The
NAI James E. Hanson, a commercial real estate firm, has brokered the sale of The Landmark property, an industrial building in East Rutherford, to The Hampshire Companies, it announced Tuesday. NAI Hanson's Andrew Somple and Greg James …
Read more on NJBIZ

Latest Singapore Property Loans News

Lifting curbs 'not key to property sector's outlook': Lawrence Wong
The property market's long-term prospects are not dependent on whether market cooling measures are lifted but the overall state of the local economy, said National Development Minister Lawrence Wong. Real estate industry players have … The Government …
Read more on The Straits Times

Big PH firms turn to real estate in Europe
Scholten noted that ING had over 220 dedicated real estate financing experts in eight of the most liquid markets in Europe, teams in New York, Australia, Hong Kong, and Singapore. “Our global connectivity and local presence are particularly relevant to …
Read more on Inquirer.net

Billionaires, Former Billionaires Outed For Offshore Wealth By The Panama Papers
One of the world's largest data leaks, called the Panama Papers, is shedding light on the world of offshore financing, used frequently by many of the richest and most powerful around the globe. An anonymous source reportedly tipped off … Two years …
Read more on Forbes

Latest Singapore Private Residential News

Vietnam set for its next growth flight
Singaporean firms should work closely with reputable Vietnamese tour operators for inbound tours in Singapore+Vietnam packages, and the two governments could consider more connectivity options. Singaporean hospitality businesses can act as a catalyst …
Read more on The Straits Times

Singapore property may be heading for long-term drop in value
In addition to deterring foreigners and PRs from investing in Singapore's residential market, this policy has turned Singapore's desire to be a wealth-planning hub on its head. Wealthy families who have invested heavily in Singapore and who are now …

Auction listings see Q1 decrease

Auction listings see Q1 decrease
“This could be attributed to a weak leasing market on the back of a labour crunch and competition from e-commerce, causing property owners to face increasing difficulties in servicing their mortgage loan,” explained the consultancy. Of the eight …
Read more on PropertyGuru Singapore

Avoid these areas when buying shoebox units
Using new sales caveats from 2012 onwards as a proxy, there are at least 9,600 shoebox units island-wide that have recently been, or will soon be, completed. Geylang has the highest supply pipeline with at least 1,200 units. However, its proximity to …
Read more on Yahoo Singapore News

Top 10 countries for Chinese investors
By Samantha Menzies | Yahoo7 Finance – 19 hours ago … Once again, the US dominates as the number one spot choice, followed by Australia, Canada, and New Zealand to round up the top four countries most viewed and enquired by Chinese buyers in Q4 2015 …
Read more on Yahoo7 News