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June 20, 2007

Morgan Stanley Real Estate Raises Largest Ever Real Estate Fund with $8.0 Billion of Equity Investments | INRnews

NEW YORK, June 20, 2007 - Morgan Stanley Real Estate announced today that it has successfully completed fundraising for MSREF VI International with a total of $8.0 billion of equity commitments from institutional and retail investors in North America, Europe, the Middle East and Asia. Morgan Stanley invested just over 20 percent of the total equity raised.

February 21, 2007

Citigroup Property Investors closes US$1.29 Billion Asia Real Estate Fund | INRnews

Hong Kong, February 21, 2007 - Citigroup Property Investors (CPI) today announced the final close of CPI Capital Partners Asia Pacific, L.P. The $1.29 billion Fund invests in real estate and real estate-related assets throughout the Asia Pacific region, with a primary focus on Greater China and India.

February 15, 2007

Nobelis & DTZ in strategic alliance to launch Shariah-compliant pan-Asia real estate fund | INRnews

Singapore, February 15, 2007 - Nobelis & Co, a Singapore-based financial advisory firm specializing in socially responsible investing, in strategic alliance with DTZ Debenham Tie Leung SEA Pte Ltd, the global real estate adviser, has arranged for the launch of a Shariah-compliant pan-Asia real estate fund for a leading investment firm from the Middle East. Nobelis will be the fund manager whilst DTZ will be the real estate advisor for the fund, which is expected to reach S$500 million when fully vested.

February 06, 2007

Rental growth will continue to offer Central London office investment performance in 07/08 | INRnews

London, UK, February 06, 2007 – Rental growth will continue to offer Central London office investment performance in 2007 and 2008 and the weight of money chasing the sector will continue with no dramatic shift in yields according to Knight Frank, which today hosted its annual Central London Research breakfast at The Dorchester, London.

February 05, 2007

Hong Kong Grade ‘A’ Office Market remains active | INRnews

Hong Kong, SAR, February 05, 2007 - According to real estate services firm Cushman & Wakefield, Hong Kong’s Grade ‘A’ office market continued to edge higher towards the finish of 2006 and January 2007. The non-Hong Kong island areas of Tsimshatsui and decentralised locations were the only areas to experience negative rental growth in the past 3 months.

January 31, 2007

Singapore office rentals rise, vacancies drop in 4Q 2006 | INRnews

Singapore, January 31, 2007 - A tight supply and a burgeoning demand for quality office space have led to a significant rise in office rentals and drop in vacancy rates for such space in Singapore according to real estate services firm Cushman & Wakefield.

Beijing office market sees small rise | INRnews

Beijing, January 31, 2007 - The Beijing office market was still on a slight rise in November according to real estate services firm Cushman & Wakefield. Net effective rents in the Prime office market achieved a slight increase of 1.8% to US$ 40.64 per sq m per month since last month. Average rents for Grade A and Grade B office market marginally went up to US$ 27.04 and US$ 17.75 per sq m per month, respectively.

Shanghai Hongqiao Transit Hub to be Operational in 2010 | INRnews

Shanghai, January 31, 2007 - Real estate services firm Cushman & Wakefield reports that The Hongqiao Transit Hub to be operational in 2010 will occupy an area as big as 26 sq km and will connect Shanghai’s two international airports as well as being an interchange for all major transport lines. In addition to this, it will considerably improve the retail space in Shanghai’s airports.

Shanghai Office Market Remains Strong in 4Q 2006 | INRnews

Shanghai, January 31, 2007 - According to latest research from Cushman & Wakefield, the leasing performance of the Shanghai Grade ‘A’ office market remains strong in the 4th quarter. With limited supply and large demand generated by the aggressive expansion plans of MNC’s into China, the rental rate keeps rising at a stable rate, and vacancy rates remain at a low level.

Shanghai luxury residential real estate market looks up in 4Q 2006 | INRnews

Shanghai, January 31, 2007 - Thanks to Shanghai’s sound international business environment and continuous demand from MNCs’ expatriate families, the rental rate of Shanghai’s high-end residential market continues to rise in the 4th quarter. According to latest research from Cushman & Wakefield, the monthly rent of serviced apartments has already reached US$23.09 /sqm, whilst the villa rent achieved US$23.68 per/sqm - 2.62% and 2.51% higher than that of the last quarter respectively. In the meantime, Shanghai is the only one out of the 70 major Chinese cities seeing a decline in average housing price, with a slight decrease of 1.1%.

Last Hong Kong land auction in 2006 creates a whirl in the market | INRnews

Hong Kong, SAR, January 31, 2007 - According to real estate services firm Cushman & Wakefield, two prime sites located in Hong Kong and Kowloon were auctioned respectively at the end of 2006. Sun Hung Kai paid HK$1.8 billion for a prime luxury residential site on The Peak, 134% higher than the reserve price of HK$768 million. Anecdotal evidence suggests this translates into the highest accommodation value in the world.

January 25, 2007

Aberdeen experiences property market growth as demand for quality office space increases | INRnews

Aberdeen, UK, January 25, 2007  – As Aberdeen’s economy is set to increase by 2.1 per cent this year, its office market is expected to follow suit, underlying the city’s position as a major regional office location, according to international property consultancy, Knight Frank, as it launches its annual Aberdeen Office Market Activity Report 2007 today.

January 16, 2007

Emaar’s Burj Dubai is now 100 storeys high | INRnews

Dubai, UAE, January 16, 2007: Burj Dubai, the iconic tower being built by Emaar Properties, has joined the league of only six super-tall buildings in the world that are 100 or more storeys high. On its way to becoming the world’s tallest tower, Burj Dubai is now 347.3 metres high.

January 05, 2007

London retains crown as global property costs capital | INRnews

London, January 05, 2007 - For the seventh consecutive year, London’s West End has retained its position as the world’s most expensive office location. London (City) was ranked number four. DTZ’s tenth annual Global Office Occupancy Costs (GOOCs) Survey 2007, published today, is a guide to total occupancy costs across 131 business districts in 46 countries worldwide divided into six regions. Ranking is on a workstation basis.

December 11, 2006

Global Direct Real Estate Investment reached a record US$290 Billion in the first Half of 2006 | INRnews

New Delhi, December 11, 2006 - Jones Lang LaSalle’s latest global real estate capital report –“Record Volumes, Record Globalisation”, recorded global direct real estate investment of US$290 billion in the first half of 2006, up 30% on the same period in 2005. Of this total, Asia Pacific accounted for approximately 15% at US$43 billion, which is a 40% increase over the same period in 2005. India is likely to attract US$4.5 billion in Foreign Direct Investment in real estate for the full year of 2006.

December 08, 2006

Coldwell Banker expands to Japan - 24 offices opened | INRnews

PARSIPPANY, N.J., December 8, 2006 – Global real estate services firm Coldwell Banker Real Estate Corporation has announced the signing of a master franchise agreement with Coldwell Banker Affiliates of Japan,which coincided with the opening of 12 Coldwell Banker® offices in Tokyo and 12 more in Fukuoka. With these openings, Japan becomes the 31st country or territory outside of the United States to have a Coldwell Banker presence, including Singapore, Indonesia, Australia, China and India in the Asia-Pacific region.

December 05, 2006

Coldwellbanker.com named top real estate web site by web marketing association | INRnews

PARSIPPANY, N.J., December 5, 2006 – The Coldwell Banker® national Web site, coldwellbanker.com, was named the Best Real Estate Web Site by the Web Marketing Association in its 2006 WebAward Competition. The WebAwards are acknowledged as one of the premier annual Web site competitions, evaluating entries from among 96 different industries.

December 04, 2006

Selling a home in a buyer's market - tips from Coldwell Banker | INRnews

PARSIPPANY, N.J., December 4, 2006 – Although home appreciation has leveled off in some markets over the course of 2006 that does not mean that a sellers still can not get asking prices for their homes. The sale may take a bit longer, but a little creativity can help sellers move homes without having to drop the price.

Sherry A Chris named COO of Coldwell Banker Real Estate Corp | INRnews

PARSIPPANY, N.J., December 4, 2006 – Coldwell Banker Real Estate Corporation today named Sherry A. Chris as its chief operating officer. In this position, Chris will direct the company’s operations, education, mortgage and field services programs. She will also focus on communication between Coldwell Banker® corporate headquarters, regional offices and its nearly 4,000-office affiliate network around the world. Chris, who has more than 25 years of real estate sales, management and executive experience, will begin her role effective today. She will be based at the Coldwell Banker corporate headquarters in Parsippany, N.J., and report to Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate Corporation.

November 24, 2006

Coldwell Banker Home Price Comparison Index | INRnews

Sydney, November 24, 2006 - Global real estate giant Coldwell Banker have released their first international study of 384 housing markets, including Australia. The Coldwell Banker Home Price Comparison Index (HPCI) is an annual snapshot study that evaluates the average sales price of similar homes in similar suburbs, and in-line with their typical client demographic, the study compares four bedroom stand alone homes in corporate middle management suburbs around the world.

November 21, 2006

DTZ launches dedicated EMEA hotels division | INRnews

London, November 21, 2006 - Global property adviser DTZ has announced the expansion of its platform to include a newly created hotels group focused on advisory and transactional services in Europe, Middle East and Africa (EMEA) and has appointed Martin Armitstead to lead its EMEA hotels initiative.

August 29, 2006

Coldwell Banker with Firm Foothold in the Australian Real Estate Market | INRnews

Sydney, August 29, 2006 - Coldwell Banker after Only 3 Years in Australia already has a firm foothold in the Australian Real Estate Market.


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