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HO CHI MINH CITY, Vietnam, April 17, 2025 /PRNewswire/ -- Amid Southeast Asia's fast-evolving real estate and hospitality landscape, industry leaders are coming together in Bangkok for an evening that blends insight, strategy and high-impact networking. HoSkar Night Bangkok 2025 will take place on 8 May at the prestigious Dusit Thani Bangkok, bringing together a curated group of influential leaders from across the region. Organized by WeHub, this exclusive event will welcome real estate developers, hotel owners, architects, operators and investment partners for a high-impact evening centered on networking, insights and opportunity. Whether you're an established industry leader or a rising innovator, HoSkar Night offers a rare opportunity to gain insights, make meaningful connections and shape the future of real estate and hospitality in the region. With a handpicked guest list and a dynamic atmosphere, this event goes beyond typical networking - it's where Asia's next big ideas are born. Developers Seminar at HoSkar Night HCMC 2024 – Source: WeHub Developer Seminar: Ultra-Luxury Branded Residences The event will commence with an in-depth seminar focused on the future of branded residences. Featuring leading voices from Savills UK, Savills Thailand, Brand&Co, CMV Architects, HotStats, Dusit International, Minor Hotels and Accor, this session will address global and regional trends in branded residential developments, mixed-use project integration, operating performance, brand positioning and cost strategy. The seminar will blend case studies, data insights and panel discussions for a comprehensive industry overview. HoSkar Night Networking Session Following the seminar, attendees will be invited to an evening of professional networking session. Designed to foster meaningful dialogue and facilitate valuable business introductions, the HoSkar Night session provides an intimate and sophisticated environment to engage with industry peers and explore potential collaborations. Participation and Registration Due to limited capacity, we will be implementing a "First-register, first-served" policy, with priority given to selected categories. Entry is exclusively granted with the confirmation email from the WeHub Team. Inquire now to join the HoSkar Night in Bangkok on 8th May: https://hoskarnight.com/registration-bangkok/ Strategic Partners and Supporters HoSkar Night Bangkok 2025 is supported by a distinguished network of partners, including Brand&Co, CMV Architects, Savills, Dusit International and Atlas Concorde, with additional collaboration from Accor, Meinhardt, Archetype Group, Delivering Asia and PR Newswire. Regional Event Series 2025 Following Bangkok, HoSkar Night will continue its Asia-Pacific series in Phnom Penh (4 June), Ho Chi Minh City (10 July), Hanoi (1 October), Manila (23 October) and Dubai (November). For press inquiries or partnership opportunities, please contact: host@wehubyou.com. Vision Asia Pacific is a registered company which owns WeHub and organizes multiple event series, including the Meet The Experts conference (MTE) and the HoSkar Night networking event, serving the real estate and hospitality industries across Asia.
- Secured major domestic and international clients within 3 months of launch SEOUL, South Korea, March 20, 2025 /PRNewswire/ -- RSQUARE Analytics (RA), a commercial real estate data platform developed by Korean proptech company RSQUARE, has secured clients including global institutional investors like GIC, DWS, and PAG, as well as prominent domestic institutions such as Korea Real Estate Board, Samsung Securities, IGIS Asset Management, and Koramco within just three months of its launch. RA provides comprehensive lifecycle data for approximately 6,200 commercial properties, including offices and logistics centers, covering leasing, sales, and development information. The platform regularly surveys rental rates and tenant information for over 1,600 office buildings and 1,100 logistics centers, offering time-series analysis and tracking market changes. While RSQUARE leverages AI and big data analytics, it also deploys more than 80 field researchers monthly who personally visit buildings and conduct interviews with property management companies and tenants. As a result of these efforts, RA currently has over 20 additional domestic and international institutions conducting tests, and approximately 40 organizations have recently experienced the service through beta testing. To improve information accessibility for overseas investors, RSQUARE is accelerating the development of an English version of RSQUARE Analytics. This aligns with recent government policy, as the Financial Supervisory Service has launched an 'English Open Data Platform' to enhance foreign investors' access to disclosure information. The English service will go beyond simple translation to provide customized interfaces and data visualization tailored to global investors' decision-making processes and information needs. This will include features that explain Korea-specific commercial real estate terminology and concepts in relation to global standards, as well as real-time translation capabilities.
Cushman & Wakefield Interpretation Report Highlights Five Areas of Opportunity for Real Estate SectorsHONG KONG SAR - Media OutReach Newswire - 12 March 2025 - Global real estate services firm Cushman & Wakefield has released its China's Two Sessions 2025: Interpreting the Government Work Report publication. The new study examines China's economic development goals and policy directions for 2025 as outlined in the Report on the Work of the Government delivered by premier Li Qing, and highlights five key government tasks that will impact China's commercial real estate market. Sabrina Wei, Cushman & Wakefield's Chief Policy Analyst and Head of Research, North China, said, "We should note that 2025 is the final year of the current Five-Year Plan period. In the objectives and policy measures stated in the new Government Work Report we see a focus on stabilizing expectations, expanding domestic demand, and accelerating green transition. As well, targets to implement more proactive fiscal policy, scientific and technological innovation, and revitalization of assets all inject new structural opportunities into commercial real estate." Boosting Consumption to Promote Retail Industry Expansion and Upgrading The Government Work Report lists "vigorously boosting consumption" as the foremost major task for 2025. Given the uncertain external environment, tapping consumption potential and boosting domestic demand are viewed as crucial strategies to drive economic growth and to restore China's economy to sustained healthy growth. China's retail market is currently undergoing a period of change, where consumer pursuit of quality, social interaction, personalization and experience is becoming the mainstream. These demands are mandating retail operators to continue to grow and upgrade consumption scenarios. Additionally, the expansion of infrastructure REITs to include consumer infrastructure has greatly stimulated investor interest in the retail industry. According to Cushman & Wakefield, commercial retail projects' share of total real estate investment volume grew from 10% in 2023 to 14.85% in 2024 (Figure 1), and this trend is expected to further continue in 2025. Figure 1: Comparison of property transaction volume by sector in the Chinese mainland capital market, 2023–2024 New Productive Forces and Technological Innovation to Aid Structural Recovery in Office Demand The Government Work Report emphasizes the continued development of emerging industries such as commercial aerospace and the low-altitude economy, as well as the cultivation of future industries including biomanufacturing, quantum technology, AI, and 6G technology. The value of the low-altitude economy, for example, is forecast to reach RMB850 billion in 2025, with an average annual growth rate of more than 30%. China's high-tech industry has also begun to play a leading role on the global stage, with investors re-examining the value of Chinese technology companies. In the capital market, starting from the end of 2024, the performance of China's top ten technology companies has been notable. The stock price of China's top ten technology companies has grown by 57.39% from the end of 2023, as at the end of February 2025 (Figure 2). Figure 2: Stock price growth trends of China's top ten technology companies and the seven American giants (base as at the end of 2023) Over the past two years, downward economic pressures have led to a drop in office leasing demand across the Chinese mainland. Office rents have fallen, and vacancy rates have risen in many cities. The government's renewed efforts to promote development of the "platform economy" can effectively drive new employment and expand consumption. In turn, this will support growth in demand for office premises and industrial parks. In addition, in May 2024, the State Financial Supervision and Administration Bureau issued the Guidance on Banking and Insurance Industries Doing a Good Job in the Five Financial Tasks, which emphasized strengthening financial support for major national technological goals as well as for small and medium-sized technology enterprises. Cushman & Wakefield expects that office demand in the Chinese mainland through 2025 will grow compared to 2024, with office rental levels in some cities bottoming out and stabilizing in the second half of the year. Special-Purpose Bonds to Accelerate Market Stabilization and Reactivation of Existing Assets This year's Government Work Report includes "ensure stability in the real estate market and the stock market" in the overall requirements and policy orientations for economic and social development. The detailed discussion on the real estate sector remains in the objective titled "Preventing and Defusing Risks in Key Areas." Key points regarding real estate include continuing efforts to stabilize the property market, adjusting restrictive measures according to local conditions, accelerating the renovation of urban villages and older housing, and fully releasing potential demand for first homes and improved housing. The Government Work Report sets the allocation of local government special-purpose bonds at RMB4.4 trillion, an increase of RMB500 billion on last year. The funds raised from these special-purpose bonds are to be used for investment construction, land acquisitions and reserves, and the acquisition of existing unsold housing, as well as resolving local government arrears to enterprises. This policy signals a significant expansion in fiscal expenditure. Local governments' use of special bond funds to acquire developer land and completed projects is seen as key to restoring normalcy in the real estate market. Guangdong Province has taken the lead in the bond project, issuing RMB30.7 billion in land reserve special bonds to repurchase idle land. As at February 22, the first batch of projects planned for idle land recovery exceeded 220 sites, with a total planned reserve price of more than RMB43 billion. The model may be promoted nationwide. This will help to revitalize inefficient land use, effectively alleviate the financial pressure of real estate companies, reduce market supply, and stabilize housing market prices. Additionally, the repurposing of reserved land can be optimized for urban land use. As the government pays greater attention to the commercial office market, developers are expected to increase efforts to revitalize and renovate unfinished office buildings, together with older and inefficient office properties constructed in non-core areas. These measures are expected to partially ease supply pressures in the commercial office market. Encouraging Foreign Investment to Lift En-Bloc Property Market Activity The Government Work Report reiterates the need to promote orderly opening up in the internet and cultural sectors, expand opening up pilots in telecommunications, healthcare, and education, encourage foreign investors to increase reinvestment, and support participation in upstream and downstream industrial chain collaboration. Ministry of Industry and Information Technology data reveals that, by the end of 2024, 2,343 foreign enterprises had been approved to operate telecommunications businesses in China. Additionally, the 2025 China Business Environment Survey Report from the American Chamber of Commerce in China shows that nearly 70% of consumer industry respondents expect to increase investment in China in 2025. This reflects multinational companies' general willingness and confidence in continuing to invest in and to deepen their presence in China. Accelerating the Green Transformation Brings ESG to the Center of Asset Value The 2025 Government Work Report outlines a blueprint for China's high-quality development, providing a clear development path for corporate ESG practices and innovation. Against the backdrop of low-carbon transformation, practicing ESG concepts to form the core competitiveness of enterprises is a strategic choice to further promote sustainable and high-quality development. Sabrina Wei, Cushman & Wakefield's Chief Policy Analyst and Head of Research, North China, added, "The 2025 Government Work Report will focus development strategies on the long-term transformation of China's national economy, rather than short-term risk responses. In the light of uncertainty in the external environment, the Chinese government has expanded fiscal and monetary support. The 'dual engines' of consumption combined with scientific and technological innovation will drive the recovery of the overall commercial real estate market. We expect the retail sector to directly benefit from policy dividends, while office and industrial park demand will gradually stabilize, and overall market activity should recommence growth. Asset revitalization and comprehensive management capabilities will be key to overcoming cyclical challenges." Please click here to download the full report (Chinese language).Hashtag: #Cushman&WakefieldThe issuer is solely responsible for the content of this announcement.About Cushman & WakefieldCushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).
Building ResilienceHONG KONG SAR - Media OutReach Newswire - 11 March 2025 - Henderson Sunlight Asset Management Limited (the "Manager") announces the final results of Sunlight REIT for the 18 months ended 31 December 2024 (the "Reporting Period"), which are prepared incidental to the change of financial year end date from 30 June to 31 December. For the Reporting Period, Sunlight REIT posted total revenue and net property income of HK$1,236.3 million and HK$957.7 million respectively, while distributable income was HK$499.7 million. The key performance indicators on a calendarized basis are summarized as follows: in HK$' million (unaudited) 12 months ended 31 December 2024 12 months ended 31 December 2023 Revenue 817.1 814.0 Net property income 634.5 639.6 Distributable income 337.3 344.4 The Board has resolved to declare a final distribution of HK 9.3 cents per unit. Together with the first and second interim distributions of HK 9.0 cents and HK 9.1 cents per unit respectively, the total distribution per unit for the Reporting Period would amount to HK 27.4 cents, representing a payout ratio of 94.0% (FY2022/23: 97.9%). Based on the closing price of HK$1.86 per unit on 31 December 2024, the annualized distribution yield for the Reporting Period was 9.8%. The portfolio of Sunlight REIT was appraised at HK$17,933.6 million at 31 December 2024, while its net asset value was HK$13,010.1 million, or HK$7.53 per unit. Operating Highlights At 31 December 2024, the occupancy rate of Sunlight REIT's overall portfolio was 91.3%, while the corresponding figures of the office and retail portfolios were 92.0% and 90.1% respectively. The average passing rent of the overall portfolio was HK$43.7 per sq. ft., down 3.7% as compared to the level at 30 June 2023. For the Reporting Period, an average rental reversion of negative 2.6% was recorded for the overall portfolio. In respect of the operating performance of major properties, the occupancy rate of Dah Sing Financial Centre at 31 December 2024 improved to 92.2%, but the property recorded a negative rental reversion of 8.2% which included a rent review for a key tenant. Sheung Shui Centre Shopping Arcade achieved a positive rental reversion of 4.2% for the Reporting Period, while its occupancy rate of 91.4% was lower than the 97.6% recorded at 30 June 2023, principally due to the space vacated by the kindergarten tenant which accounted for 7.5% of its gross rentable area. Meanwhile, the occupancy rate of Metro City Phase I Property declined marginally to 91.7% with a negative rental reversion of 0.9%. Mr. Au Siu Kee, Alexander, Chairman of the Manager said, "In light of persistent headwinds, the Manager will devote additional effort to shoring up the resilience of Sunlight REIT by adopting a disciplined and innovative asset management strategy, while reaffirming our steadfast commitment to sustainability." Remarks: Attached financial highlights of final results of Sunlight REIT for the 18 months ended 31 December 2024. Financial Highlights of Final Results for the 18 Months Ended 31 December 2024: (in HK$' million, unless otherwise specified) 18 months ended 31 December 2024 Year ended 30 June 2023 Revenue 1,236.3 783.3 Net property income 957.7 624.0 Cost-to-income ratio (%) 22.5 20.3 Loss after taxation (173.0) (28.4) Distributable income 499.7 380.3 Distribution per unit (HK cents) 27.4 22.0 Payout ratio (%) 94.0 97.9 At 31 December 2024 At 30 June 2023 Portfolio valuation 17,933.6 18,512.2 Net asset value 13,010.1 13,669.2 Net asset value per unit (HK$) 7.53 8.06 Gearing ratio (%) 27.0 26.1 Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction. Hashtag: #SunlightREIT #REITThe issuer is solely responsible for the content of this announcement.About Sunlight REITListed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the trust deed dated 26 May 2006 (as amended and restated) (the "Trust Deed"). It offers investors the opportunity to invest in a diversified portfolio of 11 office and six retail properties in Hong Kong with a total gross rentable area of approximately 1.3 million sq. ft. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density.About the ManagerThe Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.
Debut project to be unveiled soon at Al Marjan Island, Ras Al Khaimah, in collaboration with Zaha Hadid Architects DUBAI, UAE, Feb. 28, 2025 /PRNewswire/ -- Richmind, a premium developer specialising in ultra-niche real estate products, and a flagship business vertical of Richmind Holding, is proud to announce its entry into the UAE market, introducing its transformative vision of premium real estate. Positioned at the intersection of artistry, nature and design, Richmind is set to establish itself as a major player in the ultra-niche real estate segment. L-R - Ammar Al Assam, CEO, Dewan Architects + Engineers, Arch. Abdulla Al Abdouli - CEO - Marjan, Mr. Mohammed Rafiee - CEO of Richmind and Christos Passas, Design Director, Zaha Hadid Architects In an event held at Atlantis The Royal, hosted by Richmind's CEO Mr. Mohammad Rafiee, the brand was unveiled in the presence of dignitaries & VIPs. "We're reintroducing the concept of premium, recalibrating exclusivity, and reimagining architectural excellence. We don't just build structures; we create masterpieces. For us, this goes beyond business or profit to build a legacy that endures. Collaborating with Zaha Hadid Architects is an immense source of pride but more so a validation of our values. Like us, their devotion to true craftsmanship and bespoke designs has elevated them to the heights they have reached," says Mohammad Rafiee, CEO of Richmind. This year Richmind will bring over 1000 units to the market. As part of its ambitious launch plan, Richmind's first project is set to launch soon, in collaboration with the renowned Zaha Hadid Architects, located at the coveted Al Marjan Island, Ras Al Khaimah. Arch. Abdulla Al Abdouli, CEO, Marjan, said: "Al Marjan Island has been conceptualized to offer luxurious waterfront living within a premium leisure and lifestyle destination. We are delighted to welcome to our fold a premier developer like Richmind whose flagship project in association with world-renowned Zaha Hadid Architects, will no doubt add to the allure of our iconic island. Richmind's focus on creating lasting value aligns with our commitment to curate an elevated lifestyle for investors and residents in Ras Al Khaimah." "Our partnership with Richmind was established over countless hours of collaboration and creative exploration that led to us coming together with an aligned vision. We spent time as a team understanding the details of the project, being inspired by the beautiful landscape of the location and imbibing the customer's needs in the market, to come up with a design that is a masterpiece, which will become a jewel on this beautiful island," says Christos Passas, Director of Design, Zaha Hadid Architects. Redefining waterfront living, the mixed residential property will offer a combination of apartments, villas, duplexes and premium penthouses. It will also be home to globally renowned beach club and spa brands, as well as the latest location for a celebrated culinary concept that will be set at the highest point of the development, surrounded by Ras Al Khaimah's first and only 360° infinity pool, offering some of the best views on Al Marjan Island.
——酒店直連滑雪場滑道，遊客在入住完全出租的度假屋期間可盡享溫泉和日本傳統手工藝 東京2025年2月28日 /美通社/ -- MINAMIAOYAMA REAL ESTATE Inc.於2025年1月20日在宮城縣大崎市鳴子溫泉鄉的鬼首區開設了HOTEL WAMARE ONIKOUBE。該度假屋向遊客提供整租服務。 酒店秉承「不僅提供住宿空間，更讓遊客沉浸式體驗日本傳統文化」的理念，處處融入東北地區的傳統手工藝品，為入境遊客帶來獨特的體驗。 圖片1：https://cdn.kyodonewsprwire.jp/prwfile/release/M108579/202502194472/_prw_PI6fl_OjJ47FxG.jpg 度假屋最多可容納14位客人，一年四季皆可欣賞自然風光，同時可在私人空間體驗日本傳統文化。這裡不僅適合親朋好友一同出遊，也適合遠程辦公。冬季，客人可從度假屋直通滑雪道。此外，全年還可參加其他各種活動，如春季、夏季和秋季的徒步旅行和泡溫泉，以及深秋時節賞紅葉。 ——室內設計融入日本東北傳統手工藝 酒店內裝飾有東北地區的標誌性傳統手工藝品「鳴子木芥子」娃娃和宮城縣指定文化財產「釜神樣」面具。同時，酒店內還展示了鑲嵌漆藝和金屬配件的岩屋堂簞笥和仙台簞笥，透過精湛的技藝營造出迷人的氛圍。 圖片2：https://kyodonewsprwire.jp/attach/202502194472-O3-SE6MZpGd.pdf ——全租式度假屋打造豪華住宿體驗 酒店設有五間臥室、一間日式客廳和一間西式客廳。此外，酒店還配有檜木浴缸和現代化浴室。洗手間和梳妝區寬敞，度假屋內還配備廚房和一體式洗衣烘乾機，非常適合長期入住。 圖片3：https://kyodonewsprwire.jp/attach/202502194472-O2-Kf99ExPi.pdf ——坐擁豐富的自然風光 酒店位於宮城、岩手、秋田和山形四縣交界的栗駒國定公園內，客人可在此欣賞四季變換的自然美景。 冬季（12月至3月） 酒店直通Onikoube Ski Resort，該滑雪場以多樣化的滑道適合初學者和資深滑雪者而聞名。此外，所有滑道均對滑雪板開放。滑雪場還設有家庭專屬滑道和托兒中心。滑雪之余，客人可在酒店的檜木浴缸中放鬆身心，或探訪酒店周邊的溫泉設施。 Onikoube Ski Resort：https://cdn.kyodonewsprwire.jp/prwfile/release/M108579/202502194472/_prw_PI7fl_hS8z0Kvx.jpg 春季至夏季（4月至8月） 酒店四周環繞著鬱鬱蔥蔥的山巒、瀑布、山谷、湖泊和水壩等風景名勝。遊客可在此享受戶外徒步旅行、背包船和山澗垂釣等活動。 禿湖：https://cdn.kyodonewsprwire.jp/prwfile/release/M108579/202502194472/_prw_PI8fl_miBsreN4.jpg 秋季（9月至11月） 鳴子地區附近多處可觀賞紅葉。鳴子峽深達100米，其內的紅葉尤為壯觀。此外，遊客還可品嘗當地特色美食「Yukimusubi」米和「鬼蕎麥面」。 被譽為日本賞楓勝地的鳴子峽：https://cdn.kyodonewsprwire.jp/prwfile/release/M108579/202502194472/_prw_PI9fl_7ZFNOtZ2.jpg 交通指南——航空從臺北（桃園/松山機場）直飛仙台機場之後從仙台機場租車（2小時車程）或乘坐新幹線再轉乘計程車 ——自駕從東北自動車道古川中轉站駕車約60分鐘即可到達（提供五個免費停車位） ——鐵路+計程車乘坐東北新幹線至古川站，換乘JR陸羽東綫至鳴子溫泉站（約45分鐘車程）。再從鳴子溫泉站乘坐計程車約20分鐘即可到達酒店。 *提供從鳴子溫泉站、古川站、仙台站和仙台機場出發的付費班車服務。 如需預訂，請瀏覽：https://www.wa-mare.com/zh-tw/column/217/
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