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Women in power take centre stage at PropertyGuru Asia Real Estate Summit VIP Cocktail Party

indie
5 minutes

BANGKOK, THAILAND, Dec 16, 2022 - (ACN Newswire via SEAPRWire.com) - PropertyGuru Group (NYSE: PGRU), ("PropertyGuru" or the "Company"), Southeast Asia's leading property technology company, launched its annual celebration of outstanding female leaders in the region at the PropertyGuru Asia Real Estate Summit (ARES) VIP Cocktail Party on 8 December 2022 in Bangkok, Thailand.Themed 'Celebrating Power Women in Real Estate', this exclusive gathering sponsored by PropertyGuru for Business stresses the importance of equality in real estate and tech, which was among the crucial themes discussed at ARES 2022 during its thought leadership summit themed 'Adaptive Reinvention'.While more diverse representation in real estate has improved, the lack of women in senior leadership roles is still apparent. A study conducted by Urban Land Institute's Women's Leadership Initiative in major Asia Pacific countries revealed that merely 37 percent of women are in top positions, while 50 percent identified how company policies, including maternity/familial leaves and flexible work hours, are critical to their success and advancement. PropertyGuru Group is committed to driving diversity, equity and inclu...

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PropertyGuru Asia Real Estate Summit 2022 calls for responsible innovation and adaptive reinvention

indie
8 minutes

HONG KONG, Dec 15, 2022 - (ACN Newswire via SEAPRWire.com) - PropertyGuru Group (NYSE: PGRU), Southeast Asia's leading property technology company, has returned its thought leadership platform, the PropertyGuru Asia Real Estate Summit (ARES), to the physical stage, drawing the most brilliant minds from around the world to the Thai capital. ARES Leaders PanelARES Visionary of the yearFollowing the sucessful virtual summit editions in 2020 and 2021, the 2022 edition of PropertyGuru Asia Real Estate Summit, supported by the Thailand Convention and Exhibition Bureau (TCEB) and PropertyGuru for Business, is themed 'Adaptive Reinvention.' The day-long programme focused on the way forward for the real estate and tech sectors as they emerge from the pandemic era and continue reckoning with climate realities. Emceed by seasoned broadcaster Tina Ryan, ARES 2022 took place 8 December 2022, marking 15 years since the foundation of PropertyGuru Group. The 2022 edition of the Summit also coincided with the launch of its enterprise brand, ProeprtyGuru for Business.Hari V. Krishnan, chief executive officer and managing director of PropertyGuru Group, said, "Today, PropertyGuru completes fifteen ye...

SeaPRwire
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LABSHIGH Disrupts the NFT Industry with the Launch of NFTMOA – the World’s Leading NFT Integrated Search Platform

pandora
3 minutes

NFTMOA of LABSHIGH, a user-friendly online marketplace, officially launches the first-of-its-kind NFT integrated search platform and take extra steps to serve as real estate NFT investment service platform. Seoul, Korea, December 08, 2022 – (SEAPRWire) – It is looking like the dawn of a new beginning in the NFT world with the introduction of NFTMOA of LABSHIGH. Described as the “Amazon of the NFT industry,” the platform is designed to allow users to see the scattered NFT marketplace in one place. In a related development, developers of the platform have announced plans to launch a real estate NFT investment service, creating a one-of-a-kind experience for NFT 2.0 and blockchain enthusiasts and lovers of digital assets. “Our goal is to make ‘all services and information related to NFT start with NFTMOA’. Users can create their own NFTs at NFTMOA to start communities and view important NFT-related information in real-time, and successfully launch a next-generation real estate NFT investment service platform globally to create awareness as NFTs start with LABSHIGH Co. LTD.” The NFT market has been described by experts as one of the catalysts of the global virtual asset market, especia...

ACN Newswire
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Assetwise PCL (SET: ASW) partners with Tokyo Tatemono, Japan’s oldest developer

indie
4 minutes

BANGKOK, Sep 15, 2022 - (ACN Newswire via SEAPRWire.com) - Assetwise PCL (SET: ASW), a leading real estate developer for lifestyle with the 'We Build Happiness' concept, has formed an alliance with Tokyo Tatemono, the oldest real estate developer in Japan with a 126-year history, to jointly develop the Atmoz Oasis Onnut condominium project, worth THB 2,200 million. A synergistic weaving of the partners' long-accumulated know-hows and experience in real estate development, the plan will bring value to the project, upscaling the quality of life with "luxury resort" style, while catering to the needs of both foreign and Thai customers.Assetwise (SET: ASW) and Tokyo Tatemono (TSE: 8804) launch their Joint Venture to develop the Atmoz Oasis Onnut condominium project at a signing ceremony in Bangkok. [Image: Assetwise]Mr. Kromchet Vipanpong, CEO of Assetwise PCL, announced the expansion plan and partneriship with Tokyo Tatemono Co. Ltd, a TSE-listed developer, at the signing ceremony. ASW holds 51% and Tokyo Tatemono holds 49% in the joint venture (JV) to develop the Atmoz Oasis Onnut condominium project, with the concept "The Oasis Within City Resort Lost in the Garden". Residences nest...

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TransformHub Partners with Property Investment Platform to Redefine Real Estate Investment

indie
3 minutes

SINGAPORE, Sep 1, 2022 - (ACN Newswire via SEAPRWire.com) - TransformHub, a Singapore-headquartered end-to-end digital solutions provider today announced a customer win with Briix, a real-estate investment and wealth management platform. The partnership allows investors to discover, compare and invest in real estate, through an intuitive digital platform, securely.The partnership leveraging TransformHub's expertise in technology consulting and delivery was aimed at transforming Briix's product vision of enabling secure access to investors, through a seamless multi-channel approach. This resulted in a platform that enables investors to experience the Briix offering via mobile, tablet, or laptop without compromising on quality. Through the implementation, consumers can- Use a mobile application to discover and purchase a property or buy a Fixed Income plan with the utmost security- Search various properties by placing various filters like area, amenities, type of property, pricing, etc. to drill down to the best options to choose from- Access a list of available fixed income offerings along with an introductory offer- Forecast using the yield calculator that factors in the property v...

SeaPRwire

The VIVIVERSE is the first ever PlayNation in the Metaverse

aseanpr
2 minutes

Viviverse brings entertainment to the next level, redefining X to earn by blurring the lines between the metaverse and reality. Users or citizens who hold exclusive NFT based passports can enjoy, grow and thrive in Viviverse’s unique play to earn spaces in gaming, esports, entertainment and real estate. By leveraging on advanced and proprietary technology such as AR, VR, AI and infra senor wearables, Viviverse gives our users a one of a kind experience making sure their meta verse experience is visually, audibly and kinaesthetically real in both experience as well as in earnings (both fiat and crypto) To do bring to fruition this vision, the team behind this project, V labs relies on the twin underpinning pillars 1. A world class in house dedicated team with both real world and metaversal experience under their belts leading the production 2. Real world partners in traditional industries to ensure a robust and solid real world connection. Viviverse will announce the partners individually in the next release. On Aug 18 we are excited to announce the by invitation only pre mint whitelist for the first 1000 passports (Vpass) and this will kick off the onboarding journey of new citizen...

SeaPRwire
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PlayEstates Launches First Gamified Platform with Real Estate Backed Assets

pandora
4 minutes

Los Angeles, CA, July 18, 2022 – (SEAPRWire) – PlayEstates is proud to announce the launch of its first gamified platform with real estate backed assets. Real estate is one of the best wealth-creating industries, and several efforts have been made to replicate the same business structure in the virtual gaming world. There are many play-to-earn games related to real estate, but they do not provide actual monetary returns for the players beyond the enjoyment of the games. To address this issue, PlayEstates has launched the first-of-its-kind Web3-based game to reward gamers on their platform. The company has developed an unique gamefi platform where gamers can monetize their gaming habits and build real-life passive income. “We want gamers not only to succeed and have a blast in contents they love, but also be able to earn like pros, and build real assets in the physical world,” the company’s CEO William Guo said. Using the PlayEstates platform, gamers can play blockchain-based games through a gamified model and, most importantly, create wealth and secure fractional ownership of IRL real estate assets. In short, PlayEstates is making owning property in the real world through the onlin...

SeaPRwire
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PlayEstates Web3 Gaming Platform Launches Its Fractional Ownership Model where Gamers Own IRL Real Estate Assets

pandora
4 minutes

Los Angeles, CA, July 11, 2022 – (SEAPRWire) – PlayEstates, a Web3 gaming platform, has launched its fractional ownership model, which allows gamers to own real-world real estate assets. The team is riding on the rise of play-to-earn gaming to build a revolutionary project accessible to everyone around the world. With the launch of the fractional ownership model, PlayEstates became the first non-fungible token (NFT) gaming platform backed by real-world real estate assets. The real estate industry is the largest asset class globally, and there is currently a huge fear of missing out (FOMO), especially among the younger generation. As a GameFi platform, PlayEstates collateralized its ecosystem to real estate, proving to be one of the strongest investment vehicles in our world, enabling users to earn and build wealth while enjoying varieties of games and the fun that comes with it. Unlike most existing play-to-earn gaming platforms, PlayEstates enables its gamers to build wealth through gaming, and own real estate assets one piece at a time. Its mission is to help the vast majority of people gain financial independence as they seek to build generational wealth. The PlayEstates’ Fracti...

SeaPRwire

PropChain Pitches an Inclusive Approach to Real Estate Investment Highlighting Leading Blockchain Technology

aseanpr
2 minutes

Dubai, UAE, April 19, 2022 - (SEAPRWire) - In what could very well be the latest technological revolution on the PropTech scene, PropChain has announced the launch of its decentralized, ledger-based real estate marketplace, operational across every continent. PropChain is quickly approaching the launch of their state-of-the-art marketplace infrastructure. Built on an interconnected, Ethereum-based blockchain network through Polygon, it includes an array of functionalities and dashboards that help execute and monitor returns and estate assets. The platform is scheduled to be available in over 100 jurisdictions, listing exclusive and legally compliant properties. The team – which consists of co-founders Robin Ubgahs, Zakaria Elkhanza and Alex Ingwersen – along with their network of advisors and A-class real estate developers - scouts, audits and ensures legal compliance on countless properties every day. PropChain then fractionalizes these assets into ownership tokens and lists them on the marketplace. Thus, sculpting an interconnected ecosystem of technologies, properties, and regulatory frameworks, at the user's immediate disposal. "At PropChain, we believe everyone should have an ...

ACN Newswire
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CubiCasa Enters Australian and New Zealand Real Estate Market Through Partnership with Bladescenes

indie
3 minutes

SAN JOSE, CA, Mar 22, 2022 - (ACN Newswire via SEAPRWire.com) - CubiCasa, a global-reaching real estate software company headquartered in Oulu, Finland, has announced a partnership with Bladescenes, a leading creative marketing agency for real estate located in Auckland, New Zealand. This partnership marks a notable boost to CubiCasa's ongoing expansion into the Australian and New Zealand real estate markets, accelerating the global growth of its mobile property scanning technology.Bladescenes offers creative photography, videography, and now virtual floor plans as a part of its agency services. Bladescenes markets homes by capturing their prepossessing architect and layout potential through the use of digital technology. CubiCasa's mobile capture technology gives Bladescenes' customers the capability to visualize their dream floor plan while speeding up the home inspection and valuation process."By partnering with Bladescenes, we are continuing to work toward our mission of modernizing and digitizing the real estate process on a global scale," said Jeff Allen, President of CubiCasa. "This relationship gives us the opportunity to become the one-stop shop for real estate and mortgag...

SeaPRwire

Verse Estate Announces Launch of its Platform

pandora
4 minutes

Dubai,UAE, March 17, 2022- (SEAPRWire) – Verse Estate, the first real estate agency in the Metaverse, has announced the launch of its platform. Verse Estate aims at bridging both the physical and digital worlds by providing hyper-realistic and fully customisable luxury products in the metaverse. As a real estate agency in the Metaverse, Verse Estate allows users to buy properties that are linked to an NFT. The NFT acts as a digital key to the owner’s private luxury estate, where they can display their digital assets on the walls, invite up to 100 friends, stream Netflix on their TV and for the first time, users can even play VR Games without ever leaving their estate. They also help brands and celebrities transition to the Metaverse by creating state-of-the art immersive experiences, bringing user experience to a whole new level. Users will be able to explore properties bought on Verse Estate through the Oculus Quest 2 VR headsets. Users can directly access the app through the Oculus store. Verse Estate has set the bar high in the Metaverse world, with an unprecedented customer service, they don’t just sell NFT’s, but they accompany the users every step of the way to maximize their...

SeaPRwire

IDG Capital Vietnam Confirms Investment in METAIN to Lead NFT-Empowered Real Estate Trend in Vietnam

pandora
3 minutes

Vancouver, Canada, March 7, 2022 – (SEAPRWire) – IDG Capital Vietnam – the leading Ventures capital with strong focus on high-quality technology startups confirms their investment in METAIN – the first co-investment platform based on blockchain and NFT technology in Vietnam. This partnership is expected to foster the development of NFT real estate and attract more global investors to invest in Vietnam proptech empowered by blockchain technology. Real estate investment promises a very high ROI with the least risk among other investment types (e.g stocks, crypto, saving, open-ended funds, etc.); however, its characteristic creates high entry barriers for individual investors, including big investment capital and an inconvenient, time intensive multiple-transaction process. METAIN is the blockchain-empowered co-investment platform focusing in real estate, whose vision is to provide high-yield, transparent and secured investment opportunities to middle-income customers. The platform aims to grow the Vietnam real estate investment market and improve its accessibility using blockchain technology to complement, not replace, existing reliable approaches. To guarantee its commitment of prot...

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Realbox launches one of world’s first blockchain-based real estate tokenization platforms

indie
5 minutes

London, UK, Jan 20, 2022 - (ACN Newswire via SEAPRWire.com) - Realbox is launching one of the world's first blockchain-based real estate tokenization platforms. Their technology gives retail investors the opportunity to share ownership in global real estate investments, without incurring expensive costs and going through complicated transactions.Blockchain technology has taken the world by storm via the decentralized finance sector and also transformed the real estate sector and the way we invest in tangible assets. Through tokenization, the tangible asset can be divided into digital tokens that represents fractional ownership of the asset. These tokens would be traded securely on a blockchain ledger and are made accessible to worldwide investors. The smart contract in each token would ensure every owner receives their share of the asset's net rental income.Realbox's blockchain-based real estate tokenization platform offers numerous advantages over traditional methods of dealing in real estate. These include increasing liquidity and transparency, enhancing security, and simplifying management. The project aims to create an ecosystem for real estate tokenization, bring together a so...

SeaPRwire
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Realbox launches one of the world’s first blockchain-based real estate tokenization platforms

pandora
5 minutes

London, UK, January 20, 2022 – (SEAPRWire) – Realbox is launching one of the world’s first blockchain-based real estate tokenization platforms. Their technology gives retail investors the opportunity to share ownership in global real estate investments, without incurring expensive costs and going through complicated transactions. Blockchain technology has taken the world by storm via the decentralized finance sector and also transformed the real estate sector and the way we invest in tangible assets. Through tokenization, the tangible asset can be divided into digital tokens that represents fractional ownership of the asset. These tokens would be traded securely on a blockchain ledger and are made accessible to worldwide investors. The smart contract in each token would ensure every owner receives their share of the asset’s net rental income. Realbox’s blockchain-based real estate tokenization platform offers numerous advantages over traditional methods of dealing in real estate. These include increasing liquidity and transparency, enhancing security, and simplifying management. The project aims to create an ecosystem for real estate tokenization, bring together a solid combined ex...

SeaPRwire
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Britania (SET: BRI) Starts First Day of IPO Trading on the SET

pandora
4 minutes

Poised to Launch 9 New Projects in 2022 and Lead Low-rise Housing Sector BANGKOK, Dec 21, 2021 – (ACN Newswire) – Britania PCL (SET: BRI) is debuting its IPO shares in the stock market, putting forward an impressive performance between 2018 and 2020 with an average annual growth rate of 113%. Revenue during the first 9 months of this year stands at 2,808.57 million baht, growing by 52%. Further plans include 9 new low-rise housing projects next year across the Bangkok Metropolis and certain provinces, valued at 10,800 million baht. Mrs. Supalak Chanpitak, Chief Executive Officer, BRI, reports that the trading of its IPO shares on the Stock Exchange of Thailand starts today (Dec. 21, 2021) under the symbol “BRI”. The CEO is confident that the BRI securities will receive a positive response from investors interested in real estate companies. As an expert developer of low-rise housing and a flagship company of Origin Property Public Company Limited, Britania is expected to gain investors’ trust. Since its inception in 2016, BRI has been growing by leaps and bounds. In 2019, the company launched a single project. That number ballooned to 21 in 2022. Revenues and profits grew in step wi...

SeaPRwire

Investors snap up metaverse real estate in virtual land boom

elean
6 minutes

(NYTIMES) Justin Bieber performed at a live concert last month, but the show wasn't in a stadium or arena. Like recent performances from Ariana Grande, the Weeknd and Travis Scott, this concert was held in the metaverse, the online world that stretches the corners of the Internet into immersive, four-dimensional experiences. Fans from all over the globe watched Bieber's avatar sing songs from his hit album Justice. Investors were watching, too. Preparing for a digital land boom that appears just months away, they are snapping up concert venues, shopping malls and other properties in the metaverse. Interest in this digital universe skyrocketed in October when Mr Mark Zuckerberg announced that Facebook would be known as Meta, an effort to capitalise on the digital frontier. The global market for goods and services in the metaverse will soon be worth US$1 trillion (S$1.37 trillion), according to digital currency investor Grayscale. The metaverse comprises multiple digital realms. Each is like a 3D virtual city where avatars live, work and play. But real estate investing in the metaverse still is highly speculative, and no one knows for sure whether this boom is the next big thing or t...

ACN Newswire
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Pinthong Industrial Park (SET: PIN) debuts on the SET on Nov 9

indie
4 minutes

BANGKOK, Nov 10, 2021 - (ACN Newswire via SEAPRWire.com) - Pinthong Industrial Park PCL (SET: PIN), a developer and manager of eco industrial towns, begins the first day of trading on the SET on November 9, with the symbol PIN, as it prepares to develop a new logistics park and open the Pinthong Industrial Estate 6 for sale. Responding to government policy to attract foreign investors in the S-Curve industrial group to the EEC, the move is expected to boost its recurring income, leading to a stable and sustainable growth.Mr. Pira Patamavorakulchai, Chief Executive Officer of Pinthong Industrial Park, said that PIN has a strong operational foundation, supported by over 25 years of experience as a developer of eco industrial towns that meet ISO 14001-standard and have won Eco-Excellence awards in Chon Buri and Rayong provinces. The company currently operates seven industrial estates and logistics parks covering more than 7,500 rai of land in the Eastern Economic Corridor (EEC) near Laem Chabang and Map Ta Phut Deep Sea Ports, which are located on the main highway connecting Suvarnabhumi and U-Tapao airports. The company is also planning to bring in new technologies to enhance the man...

SeaPRwire

China’s property developers struggle to find buyers for billions in assets

elean
4 minutes

BEIJING (BLOOMBERG) - Property developers in China looking to raise badly needed cash by selling assets are finding it hard to strike deals as potential buyers in the sector hoard funds after home sales plunged and Beijing stepped up its borrowing crackdown. China Evergrande Group last month ended discussions to sell a controlling stake in its property-management business that would have raised about US$2.6 billion (S$3.5 billion). A plan to unload a trophy office tower in Hong Kong also stumbled, while Modern Land China defaulted on a US$250 million bond last week after it was unable to sell some assets, Cailian reported. Oceanwide Holdings is seeking to offload its main office complex in Beijing after a unit defaulted. The failure to sell holdings exacerbates the cash squeeze for some of the nation's property giants, many of which are shut out of financial markets due to soaring borrowing costs and Beijing's "three red lines" policy that limits lending in the industry. "The majority of prospective buyers of real estate assets under disposal are also developers, but under three red lines debt restrictions, many refrain from swallowing sizeable assets," said Mr Matthew Chow, a dire...

ACN Newswire

BNP Morningstar Initiates Coverage of CCMGT (9982.HK) with “BUY” rating

indie
3 minutes

HONG KONG, Oct 20, 2021 - (ACN Newswire via SEAPRWire.com) - BNP Morningstar initiated coverage of Central China Management (9982.HK) with "BUY" rating and set its target price at HKD 3.92 per share for the following reasons:Project management services for the real estate sector have taken off recently in China, driven by rising land costs and increasing competition that sees small and midsize developers seek the services of project managers with established brands to help derive higher returns on their projects. According to the research report, Central China Management Company, as a leading project manager in China with a strong presence in Henan province, is expected to benefit from industry growth of 23% over the next five years.The Bank also expects that as the industry expands, there will be more spin-offs of project management units by smaller national and larger regional real estate developers given the attractive profitability. With the new entrants, the market share of leading companies' such as CCMGT should remain high over the next five years.BNP Morningstar is of the view that CCMGT can be regarded as a more defensive proxy to China's real estate growth given its asset...