A vegetable garden display created by Serco’s Melbourne Parks and Gardens team in the city’s central business district has received a second lease of life following a large donation of plants to local community gardens. After six weeks on show, the vibrant plants that make up the Town Hall display were nearing the end of…
Asia Pacific
MRI Software has completed the A$93.4 million acquisition of PropTech Group (PTG) announced in November 2022, following shareholder and regulatory approval for a Scheme Implementation Deed. Trading of PTG shares on the Australian Stock Exchange (ASX) was suspended at the close of business on 13 February 2023, with shareholders receiving A$0.60 for every PTG share…
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…
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…
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…
Atalian Holding Development & Strategy (“AHDS”), the majority shareholder of La Financiere Atalian (“Atalian”), and the minority shareholders of Atalian, have received a binding and irrevocable offer from Clayton, Dubilier & Rice (“CD&R”), a global private investment firm, for the acquisition by CD&R of the entire share capital and voting rights of global facility services…
According to a new 2022 State of Access Control Report from IFSEC Global and identity solutions provider HID Global, 42 per cent of participants in a survey indicated they plan to upgrade to mobile-ready systems. The report surveyed just over 1,000 respondents from across North America (56 per cent), EMEA (29 per cent) and Asia…
AV integrator network PSNI Global Alliance has confirmed a new Board of Directors for 2022. John Laughlin, CEO of Conference Technologies, has been elevated to the position of President, having previously served as Vice-President, and will lead the Alliance as it launches several new managed services initiatives. Kevin Groves, CEO of Alpha Video, moves from…
ISS Pacific has committed to the United Nations Women’s Empowerment Principles at a signing ceremony attended by regional CEO, Stuart Rose. The Women’s Empowerment Principles offer guidance to businesses on how to promote gender equality and empower women in the workplace, marketplace and community by embracing seven core enterprise-wide policies: Establish high-level corporate leadership for…
Video wall display and control solutions brand Datapath has expanded its business development team with two senior European appointments. For Southern Europe, covering Spain, Portugal and Italy, the company welcomes Carmen Jerez as regional sales manager. Based in Madrid, Carmen brings extensive experience in AV technical support and management following a strong history of success…
10.11.2021, 11:20 Savills IM Announces Senior Asia Pacific Appointment Savills Investment Management (Savills IM) has appointed Nicholas Kinsey to the new role of Head of Logistics, Asia Pacific (APAC). Stationed in Bangkok, Kinsey will assume responsibility for developing the real estate investment company’s logistics capabilities in the logistics sector across the Asia Pacific region.…
05.10.2021, 17:45 Cushman & Wakefield Poaches Senior Savills Tenant Reps Cushman & Wakefield has added veteran occupier services specialists Matt Hart as Vice Chairman and Alex Phillips as Executive Managing Director of its San Francisco office. Hart and Phillips were previously with Savills, where Hart was consistently recognized as a ‘Top Producer’ in the Bay…
16.08.2021, 16:02 MRI Adds FSI Cloud Platform to IWMS Portfolio MRI has acquired UK developer of enterprise class cloud-based facilities management software, FSI, in a move that will strengthen its integrated workplace management software capabilities. FSI has more than 300 clients around the world, including Europe, North America, Asia Pacific and the Middle East. The…
26.05.2021, 16:43 Bali Airport Awards Food and Beverages Contract Autogrill subsidiary HMSHost has been selected to operate food and beverages concessions at the I Gusti Ngurah Rai International Airport in Bali. The contract, which was awarded followed a competitive tender, has an estimated value of 59 million euros over its 5-year duration, and will includes…
30.07.2020, 10:43 MRI Software Announces New Solutions for APAC MRI Software has launched new residential and commercial property management software in the wake of last week’s virtual MRI Ascend APAC users’ conference. “MRI Living” and “MRI @Work” encompass the company’s comprehensive products portfolio and integrate residential property and strata management solutions formerly provided by Australia-New…
25.05.2020, 19:08 Asia Pacific Water Heater Market Graphical Research has published growth forecasts to 2026 for the commercial and residential electric water heater markets in Asia Pacific. The Asia Pacific Electric Water Heater Market report predicts an upwards trend in demand in response to on-going “mega grid” expansion projects and the rapid economization of the…
23.04.2020, 20:33 MRI Announces Senior Appointments MRI Software has promoted Roman Telerman to Chief Financial Officer and appointed software executive, David Bowie, as SVP and Managing Director for Asia Pacific. Telerman, who replaces outgoing CFO, Bruce Duner, joined MRI in 2010. He has seen the company expand its global presence from 35 countries to over 170. Responsible for…
17.03.2020, 13:54 Carel Defies Difficult Trading Conditions Italian multinational control solutions manufacturer CAREL INDUSTRIES S.p.A. has reported revenue growth of 16.8 per cent and an EBITDA Margin of 19.3 per cent in its end of fiscal year 2019 accounts. The global supplier to the HVAC-R industries and developer of humidification and evaporative cooling solutions…
20.01.2020, 22:02 CBRE Enhances European Hard FM Capabilities CBRE Group is acquiring Milan-based facilities management and technical engineering services company CO.VE.RI (Coveri). Coveri, which was founded in 1982. self-delivers services to national and global clients and has worked with a select number of CBRE corporate clients for over a decade. The company will…
06.11.2019, 18:09 The Perfect Video Conferencing Space Rene Buhay, Vice President of Sales & Marketing, EMEA and APAC for AVer Europe, provides advice for video conferencers. In the global business market, video conferencing is an essential part of staying connected with clients and associates around the world. However, if you aren’t prepared, remote meetings can…
15.03.2019, 08:10 International Property Award for APAC House Sodexo’s APAC House regional headquarters building in Singapore has won an award in the Office Category of the 2019 International Property Awards. The awards which are split into regions covering Africa, Asia Pacific, the Middle East, Canada, the Caribbean, Central & South America, Europe, the United Kingdom…