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India-based real estate developers Godrej Properties (GPL), on Monday, said it has signed definitive agreements to construct a township project in North Bengaluru, under a profit-sharing model. The project aims to provide clients with a high-quality living experience, modern amenities, and exceptional connectivity. GPL said the estimated booking value is expected to be ₹5,000 crore […]
Primestay Vacation Homes Rental LLC is making a significant mark in the hospitality industry. This company is not just offering a place to stay; it’s offering an experience, a new way of traveling that combines the convenience and services of a hotel with the comfort and warmth of a home. Primestay understands the evolving needs […]
Indian real estate firm Mahindra Lifespaces introduced a Carbon Calculator on Thursday, which is designed for user-friendly interaction, with an aim to drive change, towards a greener and more sustainable future. The company said this carbon calculator allows individuals to assess their carbon footprint based on factors like food, transport, and power consumption. With a […]
Real estate solutions provider, Curbio added HomeSmart, one of the fastest-growing real estate brokerage companies in the nation to its brokerage partnerships program on Tuesday. Broadly, there is a rise in the economic culture of buy now pay later (BNPL) schemes, which has opened doors for consumers with weaker incomes to shop for pricey products […]
Mercedes-Benz, on Thursday, launched its new real estate project Mercedes Benz Places | Binghatti in collaboration with Binghatti Properties, property developer, with an aim to integrate automotive and architecture. The firm said, Benz Places | Binghatti poise 65-storey residential tower that will deliver a holistic, connected, and desirable luxury living experience. Additionally, the firm said, […]
The United States’ housing market has been passive over the past few years due to rising interest as well as persistently high levels of inflation. S&P Global Ratings, said despite its restrains, the credit rating agency expects mortgage origination and securitization activity to rise year over year in 2024 as the economy begins to normalize. […]
Real estate advisor Savills, on Thursday, planned for a strategic and large-scale expansion of its regional residential team in the Middle East that will see its agency division expand to over 100 property consultants this year. The company said this initiative is in response to the growth in activity across the region, particularly within the […]
Hospitality firm Banyan Tree Group, on Thursday, said it will rebrand its name to Banyan Group which encapsulates its subsidiaries to expand and venture into the international market. The firm said it is aiming to venture into new geographical locations this year including 19 new properties and residences in Cambodia, China, Japan, South Korea, Vietnam […]
Real estate developer Breakthrough Properties acquired a majority interest in Callan Ridge, a two-building Class A life science campus nearing completion in San Diego’s preeminent Torrey Pines cluster, on Wednesday. The company said the 185,000-square-foot campus is fully leased to Bristol-Myers Squibb Company’s subsidiary Turning Point Therapeutics, in a collaboration of global developer Tishman Speyer and Bellco Capital, biotechnology investment firm, who […]
Real estate dealer, Pacaso said it will expand into the Paris market, making the company enter into the French real estate landscape, on Wednesday. The company said it marks the expansion into 40 global destinations in four countries namely France, Mexico, the United Kingdom, and the United States. “Our international success, particularly in places like […]
Homebuilder firm Lennar Corporation said it increased its annual dividend to $2 per share resulting in a quarterly cash dividend of $0.50 per share for both Class A and Class B shares, on Tuesday. The company raised its annual dividend from an initial amount of $1.50 per share, and it is payable on February 7 […]
Investment firm Brookwood Financial Partners LLC expanded its Florida portfolio with the acquisition of Melbourne Shopping Center in Melbourne, Florida on Monday. The company said the property has been a staple in the community since its construction in 1959, and in 2022, it underwent an extensive renovation while its space is currently 94.2% occupied. In […]
