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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

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

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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AurealOne Launches Reservation for Virtual Tiles in Metaverse

Spark Metro PR

In move that signals the future of digital real estate, AurealOne has officially opened reservations for virtual land tiles within its rapidly expanding metaverse. As a leader in blending futuristic luxury with immersive 3D experiences, AurealOne is offering early adopters a unique opportunity to secure virtual land at prices starting as low as $1 per tile. This marks a significant step in the platform’s mission to create a dynamic digital landscape where users can not only interact but also invest in their digital futures. Visit AurealOne.com AurealOne’s innovative platform allows users to buy, sell, and trade virtual land and goods, creating endless economic opportunities through its native cryptocurrency, DLUME. The reservation of land tiles has sparked a wave of excitement, with users flocking to secure prime digital real estate within the platform. As the metaverse grows, so too will the value of these virtual assets, offering potential for substantial economic growth for those who seize this early opportunity. Key Features of AurealOne Dynamic Interactivity One of the most exciting aspects of AurealOne is its dynamic interactivity, allowing users to actively engage with the platform by customizing their virtual homes or participating in exciting events. Unlike traditional platforms, AurealOne encourages creativity and connection, enabling users to express their individuality in ways never before possible. Whether it’s hosting a virtual party, building digital art, or attending live concerts, AurealOne delivers endless possibilities for engagement, ensuring each user feels immersed and empowered within their digital space. User-Centric Economy At the heart of AurealOne is its user-centric economy powered by DLUME, the platform’s native cryptocurrency. DLUME allows users to seamlessly navigate AurealOne’s thriving digital marketplace, turning every transaction into a meaningful interaction. With this currency, users can buy, sell, and trade virtual land, goods, and services within the platform, creating a fluid and engaging economic environment. From small-scale purchases to large investments, DLUME makes it easy for everyone to participate in AurealOne’s growing economy, opening up opportunities for both experienced investors and newcomers alike. Customization and Creativity AurealOne places a strong emphasis on customization and creativity, giving users a robust set of tools to design and personalize their virtual spaces. From building futuristic homes to decorating spaces with rare digital art, the platform encourages users to bring their imaginations to life. This commitment to creativity is one of the key features that make AurealOne stand out in the metaverse, providing a vibrant and visually rich environment for users to explore and personalize. Advanced Technology for Enhanced Experiences AurealOne isn’t just about owning virtual land and goods; it’s also about creating immersive experiences using advanced technology. One of the most exciting innovations the platform offers is the HapticMotion Suit, a groundbreaking piece of wearable technology that introduces physical sensations into the virtual world. With the HapticMotion Suit, users can feel the textures of their digital environments and interact with the virtual world in ways that go beyond sight and sound. This cutting-edge technology sets AurealOne apart in the metaverse, providing users with a sensory experience that pushes the boundaries of digital interaction. Community Building More than just a platform for transactions, AurealOne fosters a vibrant, interactive community where users can build relationships through collaborative activities and social features. Whether you’re engaging in shared experiences, attending virtual events, or collaborating on creative projects, AurealOne emphasizes the importance of connection. Users are encouraged to socialize, share ideas, and contribute to the ever-evolving metaverse, creating a rich tapestry of digital experiences together. The Future is Here With its commitment to innovation, community engagement, and economic growth, AurealOne is shaping the future of digital experiences. The platform offers limitless potential for users to grow and transform their virtual journeys, from investing in virtual land to creating personalized spaces and immersive experiences. As the digital landscape continues to evolve, AurealOne stands at the forefront, offering users the chance to be part of a growing ecosystem where technology meets creativity and community. The future is here, and it’s in the metaverse. Join AurealOne today and explore the endless possibilities that await you in this stunning virtual world! Contact Details AurealOne paul carter +1 205-631-8586 info@aurealone.com Company Website https://aurealone.com

October 18, 2024 03:22 PM Eastern Daylight Time

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MetaProp Accelerator at Columbia University Announces 2025 Program and Open Applications Period

MetaProp

MetaProp announced today the launch of applications for the 2025 MetaProp Accelerator at Columbia University, the world's premier PropTech Accelerator based in the heart of New York City. The flagship 22-week program connects up to 8 early-stage startups from around the world to award-winning investors, industry mentors, and diverse real estate, technology, and institutional partners. Entering its milestone 10th year, the MetaProp Accelerator has graduated over 50 startups, which have collectively raised more than $200 million in venture funding and achieved notable exits, including 6 acquisitions by industry leaders such as JLL, Comcast, Realtor.com, and Alarm.com. MetaProp is looking into several timely investment verticals to be represented within its 2025 cohort. Co-Founder and General Partner Zach Aarons commented, “Buildings account for two-thirds of the greenhouse gas emissions in New York City. After Local Law 97 was passed in 2019, it’s become imperative for MetaProp to identify and help grow emerging technologies in the decarbonization sector. In addition to climate tech, we’re looking into PropTech innovations touching artificial intelligence, software for affordable housing, and construction robotics.” The Accelerator provides a direct line into MetaProp’s stakeholders’ collective strength while giving unprecedented access to strategic funding and new enterprise clients worldwide. Detailed benefits include: Up to $250,000 in financing 22-week program focused on driving business growth and accelerated market penetration Curated access and introductions to industry decision-makers, technology pilots, premier sources of investment capital, and international media Free office space in Midtown Manhattan at the PropTech Place innovation hub Participation in exclusive Pilot Days and Demo Days, along with discounted or free attendance at numerous local, national, and international industry events. Pairing with select C-level mentors from MetaProp’s real estate industry mentor network Dedicated MetaProp VC platform services Access to consortium program partners, as well as free goods and services Historically, MetaProp limited partners including CBRE, JLL, Cushman & Wakefield, RXR, and PGIM have been deeply engaged throughout the 22-week accelerator programs. The new 2025 program also includes a renewed partnership with the Real Estate Board of New York (REBNY). REBNY members will have exclusive opportunities to engage with cutting-edge PropTech innovations through events, pilot days, and mentorship programs. Sandhya Espitia, REBNY Chief Operating Officer, stated, "REBNY is proud to support MetaProp's Accelerator and is excited to see the innovative solutions to come out of this year's program. As New York City's premier trade association for the real estate industry, we understand the importance of engaging in PropTech efforts that solve real issues for our city and our industry." MetaProp unveiled the first company in its landmark cohort: BuildrFi, a Miami-based startup transforming the construction industry by simplifying financial workflows and enabling project-based financing. “At BuildrFi, we’re committed to solving one of the industry’s biggest challenges: payment delays,” said Isabel Rodriguez, Founder and CEO at BuildrFi. “We’re honored to be the first company selected for MetaProp’s 2025 Accelerator program. With MetaProp’s unparalleled network of industry leaders and our team’s deep expertise in this category, we’re ready to scale our impact and drive meaningful change across the sector.” The application deadline for the 2025 MetaProp Accelerator at Columbia University is December 31, 2024. Learn more and apply to the new program here: metaprop.com/accelerator About MetaProp MetaProp is a New York-based venture capital firm focused on the real estate technology (“PropTech”) industry. Founded in 2015, MetaProp’s investment team has invested in 175+ technology companies across the real estate value chain. The firm manages multiple funds for both financial and strategic real estate investors that represent a pilot- and test-ready sandbox of 20+ billion square feet across every real estate asset type and global market. The firm’s investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events including NYC Real Estate Tech Week, and publications Global PropTech Confidence Index and PropTech 101. Contact Details MetaProp Wes Mizell wmizell@metaprop.com Company Website https://www.metaprop.com/

October 17, 2024 01:15 PM Eastern Daylight Time

VF Developments Completes 920 Everett Street, a Newly Renovated Multifamily Property in the Chinatown Area of Los Angeles, California, with Three-Bedroom Units to the Market

Rev Up Marketers

VF Developments, LLC, a minority and female owned and run company, has completed unit reconfigurations and renovations on two- and three-bedroom units at “920 Everett”, a 2000s built modern style multifamily property. The community is located in the highly desirable Victor Heights neighborhood in Los Angeles, California. Victor Heights is a hillside area just north of the city of Los Angeles and near Chinatown with sweeping views of downtown LA. The apartment homes are featured on the property manager Drake Real Estate Group’s website - https://www.drakereg.com/for-lease. Victoria Vu, a renowned designer and Managing Partner of VF Developments, LLC carefully designed and restored the rental homes. Ms. Vu was formerly a leading Halloween costume designer and is a graduate of the prestigious Fashion Institute of Design & Merchandising. All units have stunning views of the Downtown Los Angeles skyline. These luxury rental homes feature keyless entry door locks to spacious two- and three- bedroom floor plans with newly modernized kitchens, bathrooms and in-unit washer and dryers. The kitchens boast white stone quartz countertops with brand new self-closing cabinetry and high-end stainless-steel Whirlpool refrigerators with matching gas cooktop with oven and microwave. Bathrooms have been enhanced with new bathtubs and glass shower doors with designer touches. The apartment homes are separately metered with 10 onsite parking spaces. 920 Everett Street has a Walk Score of 87 out of 100 - a Very Walkable location so most errands can be accomplished on foot. This location is in the Greater Echo Park Elysian neighborhood in Los Angeles. James Kemple, general contractor for VF Developments, LLC, completed the interior renovations. He noted “We have worked very hard to renovate these units to offer to our new incoming residents. We enjoyed the transforming these units into modern day living spaces. The team that completed the renovations on the units were entirely locally based minority vendors, employees, and contractors. We are proud to create jobs in the Chinatown area for minorities, significantly improve the community, and provide more affordable housing.” This downtown Los Angeles modern two-story garden walkup in Victor Heights has six spacious two- and three-bedroom two bath units. Victor Heights is a small hillside neighborhood in downtown LA located east of Echo Park, northeast of Angeleno Heights, southwest of Elysian Park, and northwest of Chinatown. Located just down the street from Everett Park and around the corner from The Elysian, a William Pereira-designed mid-century office building repurposed and transformed with 91 luxury live/work suites and two-story penthouses. Victor Heights is bounded by Sunset Boulevard on the south, 110 freeway and Chinatown on the east, Stadium Way on the north, and Marview Avenue on the west. A video of the community and location can be seen here - https://www.youtube.com/watch?v=I3RowFLnvR4&t=20s Victoria Vu commented, “We are excited to complete the renovation on 920 Everett Street, bring the property to market, and lease it up to provide much needed affordable housing to the city of Los Angeles. We just hit the market for preleasing and have experienced incredible interest. We also plan to build an ADU (accessory dwelling unit) building in the large parking area with a very affordable rent. As a first generation American we strive to enhance the communities around us and create modern living spaces for our residents.” VF Developments, LLC acquired the Los Angeles multifamily property located at 920 Everett Street, Los Angeles, California with the plan of repositioning and adding capital improvements. Originally built in 2000, VF Development's improvements included enhancements to exterior redesign to enhance the simple clean lines of modern architecture. These improvements include new wood exterior façade, new exterior paint, landscaping with bright white rocks and succulents and completely restored and upgraded interior finishes. Kim Vu added, “We are excited to complete this major apartment renovation in the Chinatown area of Los Angeles and bring these units to market to welcome in our new residents. The apartment homes are high-quality finished with the added convenience of in-unit washer and dryers. Plus, the views of the downtown Los Angeles are spectacular with everything that LA has to offer being a very short drive or walk away.” About VF Developments: VF Developments, minority and female owned and run company, has acquired over $69 million in multifamily properties since 2015 totaling 40 properties and 256 units with many around USC and Downtown LA. These stunning building transformations are featured here on Instagram: https://www.instagram.com/vfdevelopments. VF Developments strives to provide neighborhoods in gentrifying areas of Los Angeles and Orange County Class A building design finishes at accessible and affordable market rents to future tenants. VF prides itself with the opportunity to create modern living to add value to its communities. With properties ranging from condominiums to multifamily residences in gentrifying areas throughout the greater Los Angeles area and Orange County region. VF manages a multitude of processes including finding unique, off market opportunities, syndicating properties, overseeing renovations, and using unique architecture and interior compositions transforming distressed properties into contemporary, market-ready homes and apartment communities. VF seeks value add investment opportunities and creates significant value for clients and investors. VF Developments is an entrepreneurial company specializing in acquiring, renovating, and managing multifamily properties in Los Angeles and Orange Counties. The company targets under-performing and mismanaged multifamily properties in gentrifying areas of these counties. VF also completes significant renovations that modernize and transform dated properties into cutting edge, high quality, best in class living environments - ultimately creating substantial value enhancement for its investors. Videos of the stunning communities can be seen here - https://www.youtube.com/@vf-developments Contact Details VF Developments, LLC Victoria V. Vu victoria@vf-developments.com Company Website https://vf-developments.com/

October 16, 2024 09:40 AM Eastern Daylight Time

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VTS Recognized on Commercial Observer’s Annual Power Proptech List For Third Consecutive Year

VTS

VTS, the industry's only technology platform that unifies owners, operators, brokers, and their customers across the real estate ecosystem, today announced that Commercial Observer has recognized CEO Nick Romito, Chief Strategy Officer Ryan Masiello, and Chief Technology Officer Swaroopa Penikelapati in its third annual Power Proptech List. “We’ve seen immense product-led growth in 2024, and our recognition as a power player in proptech is a testament to all of the hard work our team at VTS has invested since day one,” said Nick Romito, CEO of VTS. “We look forward to maintaining our position at the forefront of industry transformation and to continue pushing the boundaries of innovation for real estate.” Under Romito, Masiello, and Penikelapati’s leadership, VTS has celebrated numerous company milestones in the past year and continued to expand its platform’s capabilities. In March 2024, VTS announced the launch of VTS 4, the company’s novel predictive analytics solution powered by the newly developed VTS Demand Model. Along with the launch of VTS 4, VTS expanded its VTS Data offering to the London market, bringing commercial real estate’s only real-time data and insights to the United Kingdom. In April 2024, the company announced it would be expanding into the multifamily sector with the launch of its resident experience offering, VTS Activate Multifamily, and major residential industry players Lendlease, Habitat, and Stonehenge all selected and deployed it as their resident experience solution of choice. In May 2024, VTS introduced VTS Activate Workplace, the first workplace experience solution that can combine native workplace and building systems into one application. VTS continues to be a trusted source for industry data, with its quarterly VTS Office Demand Index (VODI) and annual Global Landlord Report. In February 2024, VTS introduced its Global Workplace Report, which leverages data to pinpoint corporate tenant needs and expectations related to office space. “We’re honored to be recognized once again on Commercial Observer’s Power PropTech list,” said Ryan Masiello, Chief Strategy Officer at VTS. “At VTS, we have always focused on anticipating industry needs and delivering solutions that drive meaningful impact for both landlords and tenants. We remain committed to being a leader in proptech, and are incredibly excited for what the future holds for both VTS and the real estate industry at large.” "I’m thrilled to be recognized by the Commercial Observer in their annual Power Proptech List alongside Nick and Ryan, as well as other innovators in the proptech space” said Swaroopa Penikelapati, Chief Technology Officer at VTS. “VTS is committed to innovation by driving meaningful outcomes through our technology and solving problems for our customer base. I look forward to continuing to push the boundaries of what our platform can deliver and drive maximum value for our customers.” Commercial Observer’s annual Power Proptech List is a compilation of the most influential individuals in the rapidly evolving world of proptech. In a field that continues to undergo significant transformation, this list recognizes executives and companies that shape the industry and possess the resilience and innovation necessary to thrive in changing times. About VTS VTS is the commercial real estate industry’s only technology company that unifies owners, operators, brokers, and tenants in a single platform to capitalize on opportunities revealed in every square foot of their properties. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party data source in the industry, transforming how strategic decisions are made and executed by CRE professionals across the globe. With the VTS Platform, consisting of VTS Lease, VTS Activate, VTS Data, and VTS Market, every business stakeholder in commercial real estate is given real-time market information and workflow tools to do their job with unparalleled speed and intelligence. VTS is the global leader, with more than 60% of Class A office space in the U.S., and 12 billion square feet of office, retail, and industrial space is managed through our platform worldwide. VTS’ user base includes over 45,000 CRE professionals and industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Sofia Chevez +1 646-912-5354 schevez@marinopr.com Company Website https://www.vts.com/

October 14, 2024 09:00 AM Eastern Daylight Time

News Release

Housebell Launches a Property Dealing Platform, Assisting Chinese Residents in Singapore.

Rev Up Marketers

Housebell, a top-notch real estate application is making waves by helping Chinese people rent and purchase property in Singapore and launched its platform on the HDB hub in Singapore. As a property application, Housebell offers a lot of services via both rental and sale marketplaces.In rental or sale disputes, those agents have years of experience and know how to handle such disputes among clients, which will offer more professional help. For many Chinese people who arrive in Singapore for the first time, Housebell assists them by dealing with language and cultural differences, mixed property market information, and complex transaction processes as well. Although the Singapore property market has high transparency,it allows customers to find comprehensive property market information with complete guidance from professional real estate agents. With the guidance of professional real estate agents, customers fully understand the relevant laws and regulations, which prevent problems during the transaction or lease process. In addition, Housebell is deeply aware of the real estate demands and expectations of the Chinese in Singapore. Therefore, throughout the entire process from property selection to contract signing and implementation, it endeavors to be in line with the Chinese culture and habits and provide the most professional and effective services. Housebell prioritizes customer satisfaction and offers professional services. Its real estate agents are proficient in market dynamics, knowledgeable about real estate laws and finance, as well as pay attention to the needs of each client. They offer meticulous services from the first consultation to the signing of the deal. Hosuebell strictly screens the listings displayed on the platform to ensure that all listings are authentic and reliable. Real estate agents in Singapore are required to be certified by the CEA (Council for Estate Agencies. These will provide users with more reliable and safe legal and institutional protection, Including more, Housebell provides HD and real video viewing and maps looking for houses, the users can watch the property online anytime and anywhere. Stay at home and see the house. With abundant property resources, Housebell offers HDB flats, condos, landed houses, and other property types while users can freely select by house price and rent range, bedroom type, and property size. About Housebell: Housebell, a real estate service application that helps chinese people settle down in Singapore. Now Housebell sincerely invites more agents to join in! Contact Details Resste Holding Pte. Ltd Bin Xiao +65 6518 3183 bin.xiao@housebell.com Company Website https://www.housebell.com/

October 11, 2024 06:55 AM Eastern Daylight Time

The Bermuda Business Development Agency (BDA) Leads Economic Growth as EIRC Initiative Surpasses $500 Million Milestone

Bermuda Business Development Agency

October 10, 2024 – The Bermuda Business Development Agency (BDA) is pleased to announce that the Economic Investment Residential Certificate (EIRC) initiative has surpassed $500 million in investments. This milestone reinforces Bermuda’s position as a premier destination for global investors, showcasing the EIRC’s pivotal role in driving sustained economic growth while enhancing the island’s appeal to high-net-worth individuals seeking both exceptional investments and an unmatched island lifestyle. Since its launch in 2021, The BDA has successfully provided concierge services for all EIRC applicants, guiding them through each phase of the process and ensuring a smooth, seamless experience. This tailored approach has been instrumental in driving economic growth, attracting affluent investors from around the world, including the U.S., U.K., Canada, and Spain. With a minimum investment of $2.5 million, participants gain permanent residency in Bermuda and the flexibility to invest in real estate, new and existing local businesses, Government bonds (previously offered), or social causes. To date, 58 approved applications have driven substantial capital into local enterprises and the property market. The EIRC does however offer more than financial benefits; many certificate holders are drawn to Bermuda because of personal connections, whether through birth, marriage, or long-standing relationships with the island. As a result, these stakeholders are not solely investing capital—they have become part of Bermuda’s community. Data shows that nearly half of a country’s economic growth typically originates from individuals already embedded in the community, and Bermuda is no different. By becoming part of the island’s fabric, these stakeholders unlock even greater opportunities for investment and growth, driving Bermuda’s continued economic success. The Honourable Jason Hayward, Minister of Economy and Labour, commented on the programme's success: "The EIRC initiative has proven to be a vital tool for stimulating economic development in Bermuda. By attracting high-net-worth individuals who are not only investing but also establishing Bermuda as their home, we are creating long-term opportunities for the island. Surpassing the $500 million mark is a significant achievement, and we are confident that the BDA and EIRC programme will continue to contribute positively to Bermuda’s economic growth." Kyle Rogers, Research and Intelligence Manager at the BDA, is also responsible for overseeing the concierge service that supports applicants throughout the entire EIRC process. He ensures seamless management of the certificates, providing crucial guidance from initial inquiry, through comprehensive candidate evaluation, to final approval. He stated, "Reaching $500 million is a testament to Bermuda’s unique offering as both a business hub and an exceptional place to live. The EIRC initiative continues to generate significant value by attracting capital and new residents who are committed to the island’s long-term success. We are excited about the programme’s growth and the bright future ahead." Of the total $500 million investment, $212 million has been directed towards new businesses, $231 million into real estate, $49 million into existing local enterprises, $2.6 million into Government bonds, and $6 million into social ventures deemed beneficial to Bermuda and subject to the Minister’s approval. Jonathan Halata, a developer, investor, and successful EIRC applicant, shared his experience: "As Canadians and Brits, my family has been connected to Bermuda since the 1970s. The EIRC wasn’t just about investing money; it was about building a life for my husband and daughter, and contributing to the community my family has become part of." "My investment in Bermuda extends far beyond financial returns—it's about contributing to the development of premier assets like hotels and tourism infrastructure. Island Realty projects like Azura and Nautilus have brought something unique to Bermuda and created dozens of jobs, which are vital for both airlift and the livelihoods of Bermudians. "I see a direct link between the EIRC programme and Bermuda’s future growth. It’s not just about selling homes—it’s about creating lasting opportunities. Multiplying our experience by 10, 50, or 100 could generate significant new jobs for Bermudians." "The EIRC certificate process was much easier than I expected, especially knowing the complexities with immigration and work permits. The BDA’s white-glove service, with Kyle’s personal attention to detail, made a tremendous difference. They delivered exactly what was promised, with a ribbon on top." For more information on the Economic Investment Residential Certificate and how to apply, visit bda.bm. Media Contact: Simone Gibbons Head of Marketing, Communications & Events D. +1 441 297 7774 | M. +1 441 707 0038 | E: simone@bda.bm The Bermuda Business Development Agency (BDA) encourages direct investment and helps companies start up, re-locate, or expand their operations in our premier jurisdiction. An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions. Contact Details Bermuda’s Business Development Agency (BDA) +1 441-707-0038 info@bda.bm Company Website https://bda.bm

October 10, 2024 02:35 PM Eastern Daylight Time

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