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Market Outlook
Newgen Software | September 20, 2021
Newgen Software, a global provider of digital transformation platform, is pleased to announce that the Dubai-based Majid Al Futtaim Properties has selected Newgen to digitize its records and documents, as part of its enterprise-wide strategic digital transformation initiative. Majid Al Futtaim Properties will use Newgen's document management system (DMS)—part of the contextual content services platform to manage business-critical records while maintaining security and en...
Real Estate Investment
The Ascott Limited | July 05, 2022
CapitaLand Investment Limited's (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood Worldwide (Oakwood), a premier global serviced apartment provider, from Mapletree Investments Pte Ltd. The acquisition increases Ascott's global portfolio by 81 properties and about 15,000 units. Oakwood's approximately 8,500 operational units are expected to immediately contribute to Ascott's recurring fee income streams upon completion of the t...
Real Estate Technology, Real Estate Investment
PRnewswire | April 17, 2023
Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X PropTech ETF (PTEC). This fund, which provides exposure to companies positioned to benefit from innovations in property technology, is Global X's latest addition to its growing suite of thematic-based funds. The global real estate market comprises over $325 trillion in assets.i, and the opportunity for disruptive technology in this market is massive. From pr...
Investments
Township Capital | February 17, 2022
Township Capital and Epic Investment Services ("Epic") announce the acquisition of Urban 188 and Urban 96 ("Urban Phoenix"), two adjacent residential rental properties in Phoenix, Arizona, as part of Township's GP Value-Add Fund I. ("the fund") The fund aims to acquire garden-style multifamily properties in select markets targeting strong demographics, durable employment, and other value-add characteristics. This marks the third and fourth acquisi...
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