SINGAPORE – U.S. investment bank Morgan Stanley is cutting 80 back-office positions in Singapore as part of measures to streamline its operations and is offering relocations mainly to India and Hungary, people familiar with the situation said Thursday. The move comes as investment banks around the world are laying off thousands of staff as volatile [...]
The global real estate fund of Morgan Stanley is in talks with Mumbai-based Sheth Developers to invest $100 million to $125 million in a residential project in India’s financial capital, three sources with direct knowledge of the matter said. The Morgan Stanley fund will invest in the unlisted Indian firm’s project in the western suburbs [...]
Of acacia forest was clear from the start Connaught Place shopping is a hot destination. Connaught Place was completed in 1933. Shops opened at the beginning but picked up just so he did not. 80 years ago and was also known for shopping craze that continues today. CP are telling about the journey of Poonam [...]
FL-Pompano Beach, Your Professional Purpose:Lease and sell commercial medical office properties throughout South Florida. Represent healthcare companies and physicians in the facilitation of their real estate requirements. Responsible for all aspects of deal generation to closing. Develop and implement marketing plans and take primary responsibility for the success of each project. Searching for a highly [...]
Bank of China will sell one share for every 10 existing shares and will start taking subscriptions on November 3, the firm said in a statement to the Shanghai stock exchange.
Five real estate professionals with South Florida ties have been named among Forbes Magazine’s top 30 young people in the industry. Danny Hertzberg, a 29-year-old Miami Beach-based real estate agent specializing in luxury homes and condos, sold $30 million in homes this year to land a spot on the list.Hertzberg, whose mother also sells luxury [...]
Canadian firm Brookfield Asset Management and Ashok Piramal Group company Peninsula Land have entered into a joint venture to float a Rs 500- crore realty fund. This will be the first Indian real estate exposure for the New York Stock Exchange listed Brookfield that currently manages portfolio of global assets worth $150 billion in realty, [...]
CHENNAI: Professional taxes fetched the Chennai Corporation revenue department Rs 92 crore, and officials are confident of meeting their target of Rs 175 crore this fiscal. Professional tax is a major source of income for the civic body, next only to property tax. Sources in the corporation said that as per the records on December [...]
The National Housing Bank will raise about Rs 4,500 crore this fiscal to fund housing activities. It has fixed the refinancing disbursement target for 2011-12 at Rs 12,500 crore against Rs 11,723 crore in last fiscal. The funds will be utilised for refinancing home loans of housing finance companies and commercial banks. Seminar on Affordable [...]
The impact of economic slowdown has been increasingly felt on the overall demand pattern among US NRIs while investing in real estate back home. However, Bangalore continues to remain the favoured destination for investment in housing. But the quantum of demand has dipped over the years. An estimated 45 per cent of the US NRIs [...]
