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June 13, 2007

Ascendas launches S$500 million Ascendas India Development Trust | INRnews

Singapore, June 13, 2007 - Ascendas, Asia’s leading business space solutions provider, today announced the launch of its Ascendas India Development Trust (“AIDT” or the “Fund”). The AIDT is the first development fund to be launched by Ascendas, following the S$250 million equity Ascendas India IT Parks Trust launched in June 2005.

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March 17, 2007

FICCI Real Estate and Urban Infrastructure Delegation to Singapore | INRnews

New Delhi, India, March 17, 2007 - In order to facilitate and promote business interests in the real estate and urban infrastructure sector between India and Singapore FICCI is taking a business delegation to Singapore from April 2 to 4, 2007.

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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.

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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.

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December 12, 2006

GIC invests in a shopping mall project in Mumbai | INRnews

Mumbai, December 12, 2006 - The Government Investment Corporation of Singapore (GIC) is reported to have invested over Rs. 250 crore in a 8.5 lakh sq.ft mall in Ghatkopar, Mumbai, being developed by the Runwal Group.

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November 30, 2006

Tender Closing for Hotel Site at Bencoolen Street | INRnews

Bangalore, November 30, 2006 - The Urban Redevelopment Authority (URA) in Singapore closed the tender for the hotel site at Bencoolen Street today.

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November 28, 2006

Auction results for commercial land parcels in Singapore | INRnews

Bangalore, November 28, 2006 - The Urban Redevelopment Authority (URA) successfully concluded the public auction of 9 land parcels of unrestored conservation shophouses at Kampong Glam today.

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