
Daily Briefing: 3 ways Singapore could change under Smart Nation programme; Yanlord, Perennial to make UE offer
And JLL set to launch Berline project in Singapore.
From the Motley Fool Singapore: Singapore’s Smart Nation initiative officially kicked off in late 2014. Under the program, Singapore is looking to use technology to improve urban living. The key areas of focus include public transport networks, housing, security, government services, healthcare and more. The prospectus for NetLink NBN Trust’s ongoing initial public offering (IPO) contained a study from Media Partners Asia (MPA) that delved into the efforts being made. The study was commissioned by NetLink NBN Trust.
From PropertyGuru via Yahoo!: After securing clarifications on the procedures for making a simultaneous bid for two companies from Singapore’s takeover council, a consortium including China-based developer Yanlord Land Group and Perennial Real Estate Holdings is looking to announce an agreement to acquire the stakes of Oversea-Chinese Banking Corp. in United Engineers as well as its WBL Corp. subsidiary.
From Yahoo!: Demand for residential property in Berlin has increased because of economic expansion and strong population growth, says a recent report by JLL on the city’s property market. And, demand has been exceeding supply. In light of this, JLL has acquired Zabel, a German property firm with offices in the German capital and Frankfurt. Additionally, JLL will be launching part of a 179-unit residential project, Luisenpark (below), Berlin-Mitte, at Grand Park Orchard, on the weekend of July 22 and 23.