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TeamWorking by TechNexus becomes largest coworking space in Chicago after expansion at historic Civic Opera Building

TechNexus Venture Collaborative

TeamWorking by TechNexus, a shared workspace located in Chicago, is now the city’s largest coworking space as a result of a multi-floor expansion at the historic Civic Opera Building. TeamWorking now operates 100,000+ square feet of suites, offices, and event space at 20 N. Wacker Dr. after entering into a management partnership agreement with the building. JLL represented TeamWorking in the expansion, which now makes TeamWorking Chicago’s largest single coworking location. Born out of TechNexus Venture Collaborative, one of the most active venture firms in the country, TeamWorking is a tech-focused coworking space in Chicago that helps firms ready to scale and grow find a home. As a leading provider of tech-focused coworking solutions in Chicago, TeamWorking offers a community where entrepreneurs, innovators, executives, and teams can thrive. Along with being the physical home for TechNexus, TeamWorking tenants include fast-growing tech firms such as Ocient, Network Perception and TruckSmarter. More than 80 firms call TeamWorking home. In addition to office space, the location offers a rooftop terrace, fitness center, podcast studio and full editing suite, stocked kitchens, wellness room and more. Additional amenities include meeting space for up to 175 guests. Top brands like McDonald’s, Airbnb and more turn to TeamWorking to host their events. “TeamWorking is where the best tech companies in Chicago come to scale,” said Fred Hoch, co-founder and general partner of TechNexus. “We know that space is only as good as the people you have in it. TeamWorking’s focus on collaboration, network building, and community connection have created a space for Chicago’s most innovative organizations to grow, collaborate and thrive.” Beyond TeamWorking becoming the largest coworking space in Chicago, this transaction represents one of the larger transactions completed across the West Loop, and signifies trending momentum for coworking, hybrid office space that fits what many entrepreneurs, innovators and startup organizations are seeking as they build and scale their organization, according to JLL. “TeamWorking’s expansion represents surging momentum and growth across Chicago’s downtown office landscape as more organizations are seeking desirable amenities and collaborative office spaces to fuel their growth,” noted JLL’s Deanna Becker, Executive Vice President. About TeamWorking by TechNexus Established in 2007, TeamWorking’s innovative tech-focused community has grown to more than 750 alumni. TeamWorking is currently home to more than 80 companies, creating a community where entrepreneurs, innovators, executives, and teams can thrive. TeamWorking is located in Chicago's Civic Opera Building, steps from Union Station, Ogilvie, and the CTA, offering easy access to Chicago’s central business district. Learn more about available TeamWorking space here. About TechNexus Venture Collaborative TechNexus helps leading corporations and ambitious entrepreneurs develop mutually beneficial relationships that accelerate growth opportunities. A first-of-its-kind Venture Collaborative, we invest capital, incubate, and collaborate to create new growth opportunities. TechNexus, in partnership with leading corporations, has invested in more than 150 startups across the globe. TechNexus helps portfolio companies grow by creating new business models, revenue streams, markets and products. Portfolio companies include Harbinger Motors, Tonal, H3X and more. For more information, please visit technexus.com. Contact Details TeamWorking by TechNexus Jim Dallke jdallke@technexus.com Company Website https://teamworking.vc/

November 13, 2024 01:00 PM Eastern Standard Time

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Veteran Real Estate Executive Mike Daly Joins Rafferty Holdings to Launch Rafferty Real Estate

Rafferty Holdings

Michael Daly, a veteran real estate executive with over 35 years of experience, is joining Rafferty Holdings to help guide and launch an opportunistic real estate investment strategy, Rafferty Real Estate. In his new role, Daly will be responsible for designing the portfolio, evaluating market opportunities, structuring deals, and managing investments. Daly brings an extensive and varied background in the real estate sector, marked by successful stints in acquisitions, development, and operations. As Co-President of Gemdale USA, he spearheaded acquisitions and large-scale developments in the New York and Seattle markets, overseeing high-profile projects such as mixed-use and high-rise residential towers. Prior to Gemdale, Daly transformed Jonathan Rose Companies into a scalable partnership, doubling the firm’s portfolio of affordable and mixed-income housing. Earlier in his career, Daly led the development of major urban projects at Forest City Enterprises, including a 9,000-acre master-planned community in Albuquerque, as well as founding Sterling Glen Communities, which grew into a premier developer of luxury senior housing. Rafferty Holdings is a diversified private investment firm with a significant presence in asset management and fintech. The firm is committed to identifying and capitalizing on high-value opportunities across various industries, with operating companies such as Direxion Investments (~50bn AUM) and Hilton Capital Management (~3bn AUM) under its umbrella. With Rafferty Real Estate, Rafferty aims to strategically expand its investment portfolio into opportunistic real estate, creating a strategy that maximizes returns for its investors while leveraging its broader market expertise. Contact Details Rafferty Real Estate Mike Daly dalym@raffre.com Company Website https://www.raffertyholdings.com/rre

November 12, 2024 01:00 PM Eastern Standard Time

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Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for October 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended October 31, 2024. An aggregate total distribution of $25.1 million or $0.334576 per trust certificate will be paid on November 12, 2024, to certificateholders of record as of November 8, 2024. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Hilco Global Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

November 07, 2024 04:25 PM Eastern Standard Time

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Copper Property CTL Pass Through Trust Files Quarterly Report for the Period Ended September 30, 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. As previously announced, the Trust will host a live conference call to discuss its recently filed financial and operating results. Conference Call Details: DATE: Tuesday, November 12, 2024 TIME: 11:00 am CDT | 12:00 pm EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13750090 Telephone Replays will be made available approximately 3 hours after the conference end time. Participants will be required to state their name and company upon accessing the replay. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Hilco Global Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

November 07, 2024 04:18 PM Eastern Standard Time

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Copper Property CTL Pass Through Trust Schedules Live Call to Discuss Recent Financial and Operating Results

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) announced today that it will host a live conference call on Tuesday, November 12, 2024 at 12:00 pm Eastern Time. Members of the Trust’s management team will discuss its recent financial and operating results as reflected in the Trust’s monthly report for the period ended October 31, 2024, and Form 10-Q for the period ended September 30, 2024, both of which are expected to be filed prior to the call. The conference call will include a question and answer (Q&A) session. Conference Call Details: DATE: Tuesday, November 12, 2024 TIME: 11:00 am CDT | 12:00 pm EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13750090 Telephone Replays will be made available approximately 3 hours after the conference end time. Participants will be required to state their name and company upon accessing the replay. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Jessica Cummins +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

November 05, 2024 01:46 PM Eastern Standard Time

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Joe Homebuyer SoCal Metro Launches New Cash Offer Program for San Bernardino Residents

Rev Up Marketers

Joe Homebuyer SoCal Metro has officially launched its Cash Offer Program, offering San Bernardino residents an efficient and straightforward solution for selling their homes for cash. This program is tailored for homeowners seeking quick sales without the complications and costs associated with traditional real estate transactions. Addressing Local Homeowners’ Needs In recent years, many San Bernardino homeowners have faced personal and financial challenges necessitating swift home sales. Whether avoiding foreclosure or selling inherited properties, the Cash Offer Program provides fair cash offers and fast turnaround times, making it easier to Sell home fast San Bernardino, often closing deals in under 10 days. Program Overview Homeowners can initiate the process by submitting property information via the company’s website or by contacting the team for a free consultation. Joe Homebuyer SoCal Metro evaluates the property’s condition and the current market conditions before delivering a fair, no-obligation cash offer within 24 hours. The program eliminates the need for repairs, showings, or agent fees, allowing homes to be sold as-is. Joe Homebuyer SoCal Metro emphasizes transparency and integrity throughout the transaction process, ensuring homeowners understand their offers and receive the full agreed-upon amount at closing. Tailored Solutions for Every Homeowner This program caters to various homeowner circumstances, including those needing expedited sales, owners of distressed properties, or those wishing to avoid the lengthy listing process. Additionally, it serves individuals relocating or downsizing who desire a simplified selling experience without extensive negotiations. “Recognizing that every homeowner's situation is unique, customized solutions are offered to meet individual needs, whether due to financial difficulties or the desire for a straightforward cash sale,” added Asis. Serving the San Bernardino Community The Cash Offer Program reflects Joe Homebuyer SoCal Metro’s commitment to the San Bernardino community. With a team of local real estate professionals, the company delivers personalized service that national chains may not provide. The initiative empowers homeowners by offering a hassle-free method to sell their homes for cash without hidden fees or delays. About Joe Homebuyer SoCal Metro: Joe Homebuyer SoCal Metro is a local real estate company dedicated to providing homeowners with a quick and reliable way to sell their properties. With a focus on transparency and customer service, the company offers tailored solutions to meet the unique needs of San Bernardino residents. For more information about the Cash Offer Program or to schedule a free consultation, please visit www.joehomebuyersocalmetro.com Contact Details Joe Homebuyer SoCal Metro Kenneth Asis +1 562-620-4062 info@joehomebuyersocalmetro.com Company Website https://www.joehomebuyersocalmetro.com

November 01, 2024 08:48 AM Eastern Daylight Time

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ETFs: A Streamlined Approach to Sector-Specific Investment

Select Sector SPDR

In the dynamic world of financial markets, the Select Sector SPDR ETFs offer a practical method for investors seeking sector-specific investments. By segmenting the S&P 500 into defined sectors, these ETFs present both individual and institutional investors with an opportunity to build more targeted and strategic investment portfolios. Select Sector SPDR ETFs are designed to cater to various segments of the economy, allowing investors to concentrate their investments based on specific economic sectors, aligned with their investment goals, risk tolerance, and market perspectives. Overview of the available Select Sector SPDR ETFs Communication Services Select Sector SPDR Fund (XLC) is centered around telecommunications and media companies. Consumer Discretionary Select Sector SPDR Fund (XLY) is comprised of companies involved in non-essential goods and services focused on luxury items, automobiles, and hotels. Consumer Staples Select Sector SPDR Fund (XLP) is primarily essential consumer goods and services like beverages, clothing, and personal products. Energy Select Sector SPDR Fund (XLE) is focused on the energy sector which includes oil and natural gas industries. Financials Select Sector SPDR Fund (XLF) includes banking, capital markets, and insurance industries. Health Care Select Sector SPDR Fund (XLV) is dedicated to pharmaceuticals, healthcare equipment, and biotechnology. Industrials Select Sector SPDR Fund (XLI) encompasses manufacturing, construction, and aerospace companies. Materials Select Sector SPDR Fund (XLB) focuses on mining, construction materials, and packaging sectors. Real Estate Select Sector SPDR Fund (XLRE) looks into commercial real estate services and Real Estate Investment Trusts (REITs), excluding Mortgage REITs. Technology Select Sector SPDR Fund (XLK) is focused on the information technology, semiconductor, and electronics industries. Utilities Select Sector SPDR Fund (XLU) centers around electricity and natural gas companies. The Select Sector SPDR ETFs provide an uncomplicated and transparent way to navigate sector-specific investments, allowing investors to adjust their strategies in response to ever-changing market dynamics. This sector-focused approach can provide detailed analysis and strategic portfolio management, offering a valuable tool for investors to fine-tune their investment allocations. As the ETF landscape continues to evolve, the Select Sector SPDR provides a mechanism for investors aiming to fine tune their investment strategies through focused sector allocations. This structured investment avenue supports the development of robust and adaptive portfolios, tailored to meet diverse investor needs and market conditions. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007907 EXP 12/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

November 01, 2024 05:00 AM Eastern Daylight Time

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K3 Holdings and Alpine LA Properties Warn of Possible Unintended Consequences of Proposition 33 on Los Angeles Housing Market

K3 Holdings

K3 Holdings, a privately held real estate investment firm with extensive holdings throughout the United States and Alpine LA Properties, a leasing company providing newly remodeled apartments at affordable rates in Los Angeles voiced concern today about debate over California Proposition 33. Proposition 33 moves the decision of rent control laws into the hands of municipalities. While the proposal is intended to support vulnerable renters, via rent control and/or vacancy control solutions, many within the real estate and housing industries are raising concerns about its potential impact on housing availability. As municipalities create new legislation and regulations, many of these policies may have unintended negative consequences, especially for low-income families. Some experts are warning that Proposition 33 may result in fewer affordable housing options and discourage investment in new development, exacerbating the city's housing crisis. “As a property management company with deep roots in the Los Angeles community, we are committed to supporting renters and ensuring the availability of safe, affordable housing options,” stated Michael Kadisha, a Principal of K3 Holdings. “We have long been a resource to local leaders and policymakers, offering insights into the needs of renters and the realities of the housing market, and we look forward to further collaboration.” “While we understand and respect the goals behind Proposition 33, we are concerned that its unintended consequences will be harmful to the very communities it aims to protect. Proposition 33 could reduce the supply of housing options, especially for low-income families, by discouraging new development and forcing out existing property owners. This could exacerbate the housing crisis, not alleviate it,” Michael Kadisha continued. “By making it financially untenable for real estate owners and developers to operate, this proposal may inadvertently limit the number of available homes, leading to fewer choices for renters and higher prices in the long term,” Nathan Kadisha a K3 Principal added. “Surely this is not what local leaders, and the community is intending with these proposals.” “Our goal is to remain a partner in crafting balanced, effective housing policies that protect renters while also ensuring a healthy, sustainable housing market. We stand ready to work with city leaders to find solutions that benefit both renters and property owners alike,” Nathan Kadisha continued. While K3 does not endorse or reject any specific legislation and refrains from political involvement, its sole focus remains on building strong communities and helping renters thrive. About K3 Holdings and Alpine LA Properties K3 Holdings and Alpine LA Properties are committed to creating strong, vibrant communities through thoughtful property management and a focus on fostering neighborly connections. By hosting community events and providing quality living spaces, we strive to make our neighborhoods places where residents feel a sense of pride and belonging. ### For more information or to schedule an interview with a K3 spokesperson, please contact Dan Rene at 202-329-8357 or dan@danrene.com Contact Details K3 Holdings/Alpine LA Properties Dan Rene +1 202-329-8357 dan@danrene.com Company Website https://k3holdings.com/

October 29, 2024 02:00 PM Eastern Daylight Time

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Magnum Estate Showcases Indonesia's Investment Potential at European Economic Forums

Rev Up Marketers

Magnum Estate, a premier Indonesian developer of luxury real estate, recently participated in a series of high-profile economic forums hosted by Indonesian embassies in Belgium, Italy, and France. The forums gathered investors, industry leaders, and government representatives from these European nations, as well as key figures from Indonesia’s business and political sectors, to discuss new avenues for investment and collaboration in Indonesia’s rapidly growing economy. Representing Indonesia’s potential as a dynamic global economic hub, Magnum Estate shared insights from its flagship projects in Bali and upcoming developments throughout the archipelago. The forums highlighted Indonesia’s goal to become one of the world’s top five economies by 2045, underpinned by its position as Southeast Asia’s largest economy. According to recent data, foreign direct investment in Indonesia surged by 22.3% in the first half of 2024, signaling increasing global confidence in the region’s economic prospects. Particular attention at these forums was given to Magnum Estate’s ambitious projects. During his presentation, Magnum Estate partner Andrejs Senkovs outlined investment opportunities and showcased the company’s vision for transformative real estate developments. Senkovs highlighted Magnum Estate’s role in drawing international investment to Indonesia and emphasized the company’s active engagement in high-impact projects, including its participation in the development of Indonesia’s new capital city, Nusantara. The company’s presentation on September 25 to the President of Indonesia underscored the national significance of this new capital initiative. Indonesia’s tourism sector, particularly Bali, continues to thrive. In the first half of 2024, 5.1 million foreign tourists visited Indonesia, marking a 46% increase from 2023. Bali has been celebrated globally as a top travel destination, especially for winter, wellness, and romantic tourism, creating significant growth opportunities in the luxury real estate market. Through its active participation in international events, Magnum Estate strengthens Indonesia’s economic ties with Europe, offering new avenues for mutually beneficial partnerships. As a developer with strong government support and a proven track record, Magnum Estate is well-positioned to support European businesses in establishing projects in Indonesia. About Magnum Estate Since its founding in 2019, Magnum Estate has become a leading name in Indonesian luxury real estate development, known for its high-end projects in Bali. With projects covering over 170,000 square meters, Magnum Estate is expanding its influence across Indonesia, including upcoming developments in Jakarta. The company actively promotes Indonesia on the global stage, participating in major economic events such as the World Economic Forum in Davos and the International Investment Forum on Tourism in Jakarta. Magnum Estate’s projects have garnered international acclaim, receiving prestigious Property Awards for "Best Architectural Design" and "Best Residential Complex in Indonesia." By delivering innovative, award-winning developments, Magnum Estate offers exceptional investment opportunities for international investors eager to engage with Asia’s vibrant and growing market. For more information, please watch YouTube video. Contact Details Magnum Estate Anna Stukkert s.andrejs@magnumestate.pro Company Website https://magnumestate.pro/

October 29, 2024 06:26 AM Eastern Daylight Time

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