Saturday, February 22News That Matters

World

IKEA unveils bridge connecting Nagasandra metro station to its store

IKEA unveils bridge connecting Nagasandra metro station to its store

Home Improvement, News, World
IKEA Nagasandra inaugurates the new foot-over bridge, to enhance customer convenience and accessibility by connecting the store directly with the Nagasandra metro station Bengaluru, 18th October 2023: — IKEA Nagasandra, today inaugurated a new foot-over bridge at the Nagasandra Metro entrance that directly connects to the store. The construction of the IKEA Nagasandra Bridge commenced in April 2023 and was completed in six months, with the bridge now being fully operational. The foot-over bridge will ensure safety and ease of use for all customers who will be visiting IKEA Nagasandra. About one-third of visitors to IKEA Nagasandra commute by metro and the foot-over bridge will ease the commute between the Nagasandra Metro station and the IKEA store. It will facilitate easy ac...
SECOND EDITION- Bengaluru Gold Festival-from 15th OCT-30 NOV 2023

SECOND EDITION- Bengaluru Gold Festival-from 15th OCT-30 NOV 2023

News, World
October 14, 2023 Photo and Video By...P.K.Ananth Kumar The 2nd Bengaluru Gold Festival (BGF), scheduled to take place from October 15th, 2023, to November 30th, 2023, promises to be a celebration of Bengaluru's rich heritage in gold craftsmanship and manufacturing. Organized by The Jewellers Association, Bengaluru, this event aims to expand the city's identity by showcasing its historical significance in the realm of gold. Bengaluru, often referred to as the "Garden City" and "Health City," is set to shine as the "Golden City." https://youtu.be/eV3oB8zIQUk Government of Karnataka has agreed to lend tourism logo to the festival , to attract tourist across globe to the festival ,and  also add feather to ‘Brand Bengaluru “initiative of the government and we want to th...
Institutional investments in real estate rise 27% YoY at USD4.6Bn during Jan-Sep 2023; domestic investments up 1.7X

Institutional investments in real estate rise 27% YoY at USD4.6Bn during Jan-Sep 2023; domestic investments up 1.7X

News, World
Foreign investments saw a 47% YoY rise, while domestic investments surged 70% YoY Office sector continued to dominate at 63% share in total inflows Industrial & warehousing and residential sector witnessed a 3.5X and 2.6X YoY rise, respectively Gurgaon, 07 October 2023: Institutional investments in Indian real estate touched USD4.6 bn during January-September 2023, a 27% YoY increase, highlighting the resilience and attractiveness of the market despite prevailing global challenges. It is worth noting that institutional investment inflows for 2023 have already reached 93% of the total inflows recorded in 2022, despite a clouded  global economic environment. While foreign investments continued to lead with 77% share in total investments, domestic investments remained strong an...
Previewing the Road to the 5th World Coffee Conference 2023:  A Sneak Peek into the Preparation

Previewing the Road to the 5th World Coffee Conference 2023: A Sneak Peek into the Preparation

World
The first-ever four-day coffee event in Asia, 5th World Coffee Conference is spanned across 30,000 sqm and participation expected from over 80 countries, including 2,400+ Delegates, 117 Speakers, 208 Exhibitors, and over 10,000 visitors • The event is scheduled to be inaugurated on September 25th by  Piyush Goyal,  Minister of Commerce and Industry, Govt. of India along with other dignitaries • Speakers and members of the coffee community will engage in discussions centered around the theme of "Sustainability through Circular Economy and Regenerative Agriculture." Bengaluru, 23rd September 2023 : International Coffee Organization (ICO), in collaboration with the Coffee Board of India, Ministry of Commerce and Industry, Government of India, Government of Karnataka, and the Coffee i...
UBS Global Real Estate Bubble Index 2023: Deflating bubbles

UBS Global Real Estate Bubble Index 2023: Deflating bubbles

News, World
Zurich 20 Sep 2023, 10:00 CEST According to this year’s edition of the UBS Global Real Estate Bubble Index, imbalances in housing markets declined sharply. Only Zurich and Tokyo remain in the housing bubble risk category. For the study, UBS analyzed residential property prices in 25 major cities around the world. From mid-2022 to mid-2023, real house prices in the cities fell by 5% on average. More downside in prices is likely. Zurich, 20 September 2023 – The global surge in inflation and interest rates over the past two years has led to a sharp decline in imbalances in the housing markets of global financial centers on average, according to the UBS Global Real Estate Bubble Index 2023. In this year’s edition, only two cities – Zurich and Tok...
Danube Properties Launch INR 5600 Crore Project Oceanz in Dubai Maritime City

Danube Properties Launch INR 5600 Crore Project Oceanz in Dubai Maritime City

World
Plans Roadshows across 5 Indian Cities to Attract more Indian Investments Mumbai, Maharashtra, India Sep 18, 2023 12:58 IST  Riding high on strong investor demand from Indians, Danube Properties, the fastest-growing private real estate developer in the UAE, announced the launch of Oceanz in a star-studded event. Oceanz with a development value exceeding INR 5600 Crore – that once built at the Dubai Maritime City, will offer unlimited views of the magnificent Arabian Gulf and a new leisure and cruise tourism hub next to the historic Shindagha heritage village. One tower of the two Oceanz towers with 500+ units was sold out on the day of launch while the demand for tower two is going strong. With growing investment demands from Indians, Danube Properties aims to conduct roadshows and o...
Embassy REIT Welcomes JPMorgan Chase to Its 1.1 msf Built-to-Suit Corporate Centre at Embassy TechVillage in Bengaluru

Embassy REIT Welcomes JPMorgan Chase to Its 1.1 msf Built-to-Suit Corporate Centre at Embassy TechVillage in Bengaluru

Architecture, World
Thursday, August 10, 2023 8:28PM IST (2:58PM GMT) Bengaluru, Karnataka, India: Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, today announced that JPMorgan Chase has inaugurated its 1.1 msf built-to-suit office at Embassy TechVillage in Bengaluru. This state-of-the-art facility, which has been designed to JPMorgan Chase’s world-class specifications is constructed on LEED (Leadership in Energy and Environment Design), GOLD Building standards that redefines the workplace experience for its employees. Spread over 103 acres, Embassy TechVillage is a large-scale total business ecosystem with a marquee multinational occupier base that is located in one of India’s best-performing office markets...
Indian real estate entrepreneur Subhash Runwal receives the Lifetime Achievement Award at the RICS South Asia Awards

Indian real estate entrepreneur Subhash Runwal receives the Lifetime Achievement Award at the RICS South Asia Awards

World
MUMBAI, India, Aug. 10, 2023 /PRNewswire/ -- Subhash Runwal, Chairman – Runwal, a leading real estate developer with a legacy of over four decades, was recognized with the Lifetime Achievement Award at the first-ever RICS South Asia Awards. RICS (Royal Institution of Chartered Surveyors) is a global industry body representing professionals across the country. Hosting its first-ever awards, it aimed to recognize global and Indian industry-leading achievements and demonstrate the upholding of the highest standards of professionalism and ethics by individuals and teams across built and natural environments. The award ceremony was graced by  Nitin Gadkari,   Minister of Road Transport & Highways, Govt. of India at The Lalit, Delhi. Subhash Runwal received the Lifetime Achievem...
New Coffee Champion Crowned at TWC National Barista Championship in Bengaluru

New Coffee Champion Crowned at TWC National Barista Championship in Bengaluru

Home Improvement, World
Bengaluru, August, 2023:Photos By P.K.Ananth Kumar The exhilarating Third Wave Coffee National Barista Championship recently brewed up a storm at Bengaluru's Royal Orchid early this month, leaving the crowd buzzing and the espresso machines whirling with excitement. Picture this: espresso machines whirling, the crowd buzzing with anticipation. The competition was fierce, but only one barista emerged triumphant, winning not just the champion's title but also an incredible three-day journey to Italy, courtesy of Three One Coffee Engineering. This once-in-a-lifetime adventure includes an immersive visit to the La Marzocco Academia, engaging espresso tasting sessions, and tours of the Accademia Del Caffe Espresso and Fiorenzato factory in Venice. The crack of dawn marked the start ...
Mori Building to Open Azabudai Hills on November 24, 2023

Mori Building to Open Azabudai Hills on November 24, 2023

Architecture, World
Modern Urban Village with a huge open space filled with lush greenery in the world’s largest metropolis Panoramic View(Day)1 © DBOX for Mori Building Co., Ltd - Azabudai Hills (Graphic: Business Wire) August 07, 2023 10:30 PM Eastern Daylight Time TOKYO--(BUSINESS WIRE)--Mori Building Co., Ltd., Japan’s leading urban landscape developer, announced today that Azabudai Hills, a multi-use complex and new world-class neighborhood in Central Tokyo, will open on November 24. This Toranomon-Azabudai District Category 1 Urban Redevelopment Project has been promoted by Mori Building, others, and around 300 landowners for approx. 35 years. “Olafur Eliasson Exhibition: A Cycle of Interconnect...