The High Court of the northern Indian state of Uttarakhand has issued landmark guidelines in relation to solid waste management. Uttarakhand is a state located in the Himalayas in northern India, known for its scenic beauty and pilgrimage sites. In a recent ruling, the High Court directed the municipality of Uttarkashi to ensure that a…
Asia Pacific
Savills plc today announces its preliminary results for the year ended 31 December 2022. Key financial highlights Group revenue up 7% to £2.3bn (2021: £2.15bn) Underlying* profit before tax decreased 18% to £164.6m (2021: £200.3m) Reported profit before tax decreased 16% to £153.9m (2021: £183.1m) Underlying basic EPS down 19% to 94.9p (2021: 116.5p); reported basic…
A preview of the China International Furniture Fair—the world’s largest furniture exhibition and FM Industry partner event, as over 4,000 exhibitors prepare to welcome 350,000+ domestic and international visitors in Guangzhou next month. CIFF Guangzhou 2023 – Innovative solutions to meet new global challenges CIFF is preparing its next edition in March 2023, developing new…
Delaware North has acquired the Best Western Premier Grand Canyon Squire Inn expanding its presence in the North American parks and lodging market.The 322-room hotel and resort is situated in Tusayan, Arizona, 7 miles from the South Rim entrance of Grand Canyon National Park, making it one of the closest lodging options to the park…
FM Industry event partner, the China Foreign Trade Guangzhou Exhibition General Corporaton, will be reinstating CIFF 2023 as an in-person event following the relaxation of entry restrictions on international visitors by the government of China. A requirement for inbound passengers to undergo a molecular Covid-19 swab on arrival into the country which was introduced on…
Apex Group has been appointment by Capital Prudential Manager Pty Ltd to support the Capital Prudential Real Estate Master Trust. Capital Prudential is a leading non-bank financial institution, offering attractive returns from pooled investment in diversified property developments delivered entirely as regular predictable income streams. Apex Group has been appointed to provide Fund Administration, Loan…
Savills Investment Management (Savills IM), the international real estate investment manager, has agreed to acquire HQ South, an A-grade office building in Fortitude Valley, Brisbane from M&G, for its flagship pooled pan-Asian strategy fund. The asset comprises a modern 14,588 sqm building in the thriving near-city Fortitude Valley precinct, with 1,503sqm in food and beverage…
A survey by Veolia and research and consulting firm ELABE reveals a majority of people in Britain believe climate disruption can be avoided. Although 77 per cent of the survey sample indicated the risk of climate disruption is serious and immediate, only 11 per cent were of the opinion it is already too late to…
Savills Investment Management (Savills IM) has completed investments in the office and residential sectors in Japan, as well as its acquisition of a local neighbourhood shopping centre in Australia for its flagship pan-Asian fund. In Japan, Savills IM has acquired a high-quality office in Greater Tokyo. The multi-tenant building totals approximately 5,500 sqm of rentable…
MRI Software has signed a binding Scheme Implementation Deed to acquire 100 per cent of the share capital of PropTech Group Limited which develops and sells real estate software, and is listed on the Australian Securities Exchange (ASX). The A$0.60 cash per share offer, equating to an implied equity value of approximately A$93.4 million on…
In advance of World Toilet Day on 19th November, Laura Cayless, Business Development Manager at Mitsubishi Electric, looks to Japan for lessons on managing public toilets successfully. With a World Toilet Day taking place in November, and a high-tech bathroom gallery at Tokyo’s Narita International Airport, it’s safe to say that people in Japan take…
PPDS will demonstrate a new ‘stretched’ 32:9 Philips digital signage solution at InfoComm Southeast Asia 2022 in Bangkok from 2nd to 4th November as part of its wider exhibition of professional AV solutions. The exclusive global supplier of Philips-branded professional display solutions has announced strategic growth ambitions in Asia, with key target countries including India,…
Indian startups HyperReality Technologies and Fluid AI have been named as winners of AkzoNobel initiative, Paint the Future, which oversees several global incubator programmes to accelerate innovation in the paint and coatings sector through collaboration. The winning submissions answered a call from AkzoNobel for innovative ways to enhance the digital consumer experience for its Dulux…
Sinopec Chongqing SVW Chemical Company (SVW) recently introduced an initiative to continuously improve water reuse and recycling at its chemical plant in Chongqing, China, supported by Ecolab. Recycle wastewater for use in cooling towers at the factory aligns the company with Chinese government’s efforts to conserve energy and reduce emissions. Actions Ecolab’s water and process…
Thousands of Aramark team members around the world have participated in Aramark Building Community (ABC) Day, the hospitality, facilities, and uniform services company’s annual day of service which took place on 22nd September. Volunteers from 14 countries, including the U.S., U.S Virgin Islands, Argentina, Belgium, Canada, Chile, China, Czech Republic, United Kingdom, Germany, Ireland, Mexico,…
European investment fund manager and real estate debt business DRC Savills Investment Management has appointed Steve Willingham as Head of Asia. Based in Hong Kong, Willingham will report to Dale Lattanzio, managing partner of DRC Savills IM when he officially joins the firm in November. The appointment underlines the investmentr management firm’s commitment to strengthening…
PPDS, the exclusive global provider of Philips professional displays, has achieved TAA compliance status for an evolving line of advanced military-grade secure 4K UHD digital signage and videowall displays. Part of a continued investment, expansion and ambitious global growth strategy, TAA (Trade Act Agreement) compliance now permits the procurement of Philips professional displays for Federal,…
Seeley International, Australia’s largest air conditioning and heating manufacturer, is celebrat ing its golden jubilee in 2022. The Seeley family business has grown from humble beginnings into a global leader in the HVAC manufacturing industry that is renowned fore its innovative evaporative cooling systems . In more recent times, the company has delivered large-scale HVAC…
PPDS has confirmed its participation at InfoComm India 2022 in Mumbai from 5th to 7th September where it will exhibit a wide range of Philips-branded AV and IT solutions. Exhibiting on stand E25 during the three-day event – India’s go-to tradeshow for buyers operating in the tech sphere, will mark an important milestone in PPDS’…
FCA-regulated online real estate investment platform Shojin is reporting a 35 per cent increase in Asian investors over the past year as real estate in the United Kingdom continues to be in demand from global investors. The company is gaining strong momentum among investors based in Hong Kong, Singapore and Taiwan, mirroring the changing appetite…
The 49th edition of FM Industry partner event, the China International Furniture Fair (CIFF), has concluded successfully with a hybrid event hosted in Guangzhou following postponments caused by the Covid-19 pandemic attracting 50.19 million online visits. Organised under the marketing tagline, ‘Build a Better Home Together, Serve the New Pattern’, a seminar series at the…
Katy Slater, Regulatory Director, New Growth Platforms at Reckitt, explains how ‘nudge theory’ is boosting hygience confidence at large-scale events, and informing protocols at the Birmingham 2022 Commonwealth Games. After two years of the pandemic, a greater understanding of hygiene and the role we collectively play in enhancing hygiene habits to help reduce the spread…
AI and machine learning technology business InferSens has welcomed Her Excellency the Honourable Dr Jeannette Young AC PSM, Governor of Queensland to its new headquarters at the St John’s Innovation Centre in Cambridge, UK. InferSens currently applies its expertise in tinyML – an emerging branch of machine learning that shrinks deep learning networks to fit…
Global life safety solutions provider Hochiki has elevated Shinsuke Kubo, manaaging director of its operations in the Middle East who is based in Dubai, to the new role of Commercial Director for Hochiki Europe, Middle East, Africa (MEA) and India. Kubo will relocate to the company’s UK head office in Gillingham, Kent and undertaking regular…
Sodexo is celebrating its first quarter of a century operating in India. Since entering the market in 1997, the multinational foodservice and facility services provider has demonstrated agility and innovation by expanding its offering year-on-year to become a comprehensive employee experience services provider. With a team of 40,500+ professionals, Sodexo India is improving the quality…
A partnership in the Philippines between Ecolab subsidiary Nalco Water and Geothermal Energy Company (GEC) is increasing electricity production whilst reducing greenhouse gas emissions. Geothermal power is a sustainable, reliable and renewable energy source that uses heat from the earth’s molten core to make electricity by pumping hot water from deep underground wells to generate…
FCA-regulated online real estate investment platform Shojin has partnered with innovative Israel-based investment platform, Realty Bundles, in a new joint-venture to lower barriers to entry for investors seeking to invest in institutional-grade real estate globally. The company has also announced it expects to announce additional initiatives in Australia and South Africa shortly. Shojin has offices…
Seeley International has celebrated 50 years of climate control solutions and its decade-long partnership with Climagulf in the Middle East at a special event in Dubai. The celebration on 25th May featured speeches from company founder and Executive Chairman, Frank Seeley, and Group Managing Director, Jon Seeley. Sabu Abraham, Climagulf CEO, welcomed Sealey representatives and…
Ecolab’s latest customer initiative, the Ecolab Global Intelligence Center, has been launched to help companies enhance data-driven performance and sustainability. As companies adopt digital technology including IoT-connected devices to better manage operational performance and advance their productivity and sustainability goals, they are producing a large amount of data with the most critical—data that supplies insights…
MRI Software has entered into an agreement to acquire New Zealand PropTech developer and cloud relationship management, media and marketing management, and transaction management platform for real estate agencies, PropertySuite. PropertySuite is used by more than 4,000 residential, commercial, rural and project marketing real estate professionals across Australasia to consolidate disparate systems, reduce duplicative efforts,…
FM Industry event partner the China Foreign Trade Guangzhou Exhibition Company has rescheduled the Guangzhou edition of this year’s China International Furniture Fair (CIFF) to new dates in July, following its postponment in response to the Covid-19 pandemic. CIFF is the world’s largest furniture exhibition. 49th CIFF Guangzhou 2022 Phase 1 – July 17-20, 2022home…