GFA

International open competition launched to find a design team for the new museum of architecture and design in Helsinki, Finland

Retrieved on: 
Monday, April 15, 2024

An international open design competition is launched to find a design team for a new museum building on a site in Helsinki's South Harbour.

Key Points: 
  • An international open design competition is launched to find a design team for a new museum building on a site in Helsinki's South Harbour.
  • The building will provide a home for the new museum of architecture and design formed through the merger of the Design Museum Helsinki and the Museum of Finnish Architecture.
  • The new museum of architecture and design in Helsinki, Finland, is planned to open in 2030 and will combine the Museum of Finnish Architecture and Design Museum Helsinki.
  • We're delighted to launch this international open competition to find an architect for the new museum of architecture and design.

New Hope Services: Net profit margin attributable to the parent Company was 17.1% in 2023, annual dividend payout ratio reached 60%

Retrieved on: 
Monday, March 25, 2024

Net profit margin attributable to the parent Company was 17.1%, remaining at mid-to-high level.

Key Points: 
  • Net profit margin attributable to the parent Company was 17.1%, remaining at mid-to-high level.
  • The Board recommended payment of a final dividend of RMB0.091 per share, with an interim dividend of RMB0.067 per share, for a total annual dividend of RMB0.158 per share, equivalent to a dividend payout ratio of 60%.
  • New Hope Service continued to follow the development strategy of deep regional penetration.
  • As at 31 December 2023, the Group had projects in 33 cities across China, with the area under management 32,258,000 square meters ("sq.m.

Unlocking the Next Level: New Funding Programme Aims to Scale Fashion Innovation

Retrieved on: 
Wednesday, March 13, 2024

The new initiative seeks to identify fashion's most promising early-stage innovators and support them on their journey to scale.

Key Points: 
  • The new initiative seeks to identify fashion's most promising early-stage innovators and support them on their journey to scale.
  • GFA and PDS Ventures are presenting an open call for solution providers addressing different challenges across the fashion value chain to apply for the programme.
  • The Trailblazer Programme corresponds with the theme of the upcoming Global Fashion Summit - 'Unlocking The Next Level'.
  • Federica Marchionni, CEO, Global Fashion Agenda, says: "Innovation is a fundamental component to transforming the current fashion system to one that benefits people and the planet.

Unlocking the Next Level: New Funding Programme Aims to Scale Fashion Innovation

Retrieved on: 
Wednesday, March 13, 2024

The new initiative seeks to identify fashion's most promising early-stage innovators and support them on their journey to scale.

Key Points: 
  • The new initiative seeks to identify fashion's most promising early-stage innovators and support them on their journey to scale.
  • GFA and PDS Ventures are presenting an open call for solution providers addressing different challenges across the fashion value chain to apply for the programme.
  • The Trailblazer Programme corresponds with the theme of the upcoming Global Fashion Summit - 'Unlocking The Next Level'.
  • Federica Marchionni, CEO, Global Fashion Agenda, says: "Innovation is a fundamental component to transforming the current fashion system to one that benefits people and the planet.

ESR Successfully Launches Korea's First Open-ended Logistics Core Fund

Retrieved on: 
Wednesday, February 14, 2024

HONG KONG, Feb. 14, 2024 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Company", together with its subsidiaries, the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced that its South Korean platform, ESR Kendall Square (hereinafter referred to as "ESRKS"), has established Korea's first perpetual, open-ended core logistics fund. The newly-formed core fund portfolio includes seven trophy assets which are developed and managed by ESRKS.

Key Points: 
  • The tenant base of the core fund portfolio primarily comprises major e-commerce and global third-party logistics ("3PL") companies.
  • With its launch, ESR also now has fund structures in new development, core-plus acquisitions and two complementary perpetual core vehicles with the ESR Kendall Square REIT and the new core fund, both of which are first-of-its-kind in the market.
  • Jeffrey Shen and Stuart Gibson, ESR Group Co-founders and Co-CEOs, said: "ESR is delighted to lead the way with the debut of our flagship open-ended logistics core fund in Korea.
  • Thomas Nam, CEO, ESR Korea, added: "We are proud to announce another milestone in successfully establishing Korea's first open-ended logistics core fund that will be managed perpetually.

Taking Stock of Fashion's Progress towards Net Positive: Industry organisations consolidate sustainability guidance and present new data

Retrieved on: 
Thursday, November 30, 2023

The second GFA Monitor has been updated to include the latest guidance and insights from over 25 industry organisations in one cohesive publication.

Key Points: 
  • The second GFA Monitor has been updated to include the latest guidance and insights from over 25 industry organisations in one cohesive publication.
  • For the first time, the report includes new data insights from the Fashion Industry Target Consultation - drawn from over 900 industry participants in 90 countries.
  • GFA welcomes further cooperation with other industry organisations as the annual report evolves and responds to industry and scientific developments.
  • Scott Raskin, CEO, Worldly, Data Partner for The GFA Monitor, says: "To address climate change, the apparel industry needs primary supply chain data at scale.

Taking Stock of Fashion's Progress towards Net Positive: Industry organisations consolidate sustainability guidance and present new data

Retrieved on: 
Thursday, November 30, 2023

The second GFA Monitor has been updated to include the latest guidance and insights from over 25 industry organisations in one cohesive publication.

Key Points: 
  • The second GFA Monitor has been updated to include the latest guidance and insights from over 25 industry organisations in one cohesive publication.
  • For the first time, the report includes new data insights from the Fashion Industry Target Consultation - drawn from over 900 industry participants in 90 countries.
  • GFA welcomes further cooperation with other industry organisations as the annual report evolves and responds to industry and scientific developments.
  • Scott Raskin, CEO, Worldly, Data Partner for The GFA Monitor, says: "To address climate change, the apparel industry needs primary supply chain data at scale.

RioCan Reports Third Quarter 2023 Results - Strong Core Business and Development Deliveries

Retrieved on: 
Thursday, November 2, 2023

For the full year, we expect to complete 630,200 square feet of GFA of development.

Key Points: 
  • For the full year, we expect to complete 630,200 square feet of GFA of development.
  • We expect these development completions to contribute $25.5 million of stabilized NOI that will ramp up over the course of 2023 and 2024.
  • Subsequent to quarter end, RioCan sold an additional 2.1% interest reducing its interest to 37.5% in the underlying 11YV project.
  • The proportion of floating rate debt increased when compared to last quarter mainly due to the timing of refinancing and hedging activities.

Shanghai Jiao Tong University's "Lui Che Woo Science Park" officially Inaugurated, Hong Kong Secondary School Students Witness the Advancement of Mainland China's High-tech Development

Retrieved on: 
Friday, October 20, 2023

In attendance were Hong Kong secondary school students, who were part of the "KWIH and TWGHs Study Tour at Shanghai Jiao Tong University 2023".

Key Points: 
  • In attendance were Hong Kong secondary school students, who were part of the "KWIH and TWGHs Study Tour at Shanghai Jiao Tong University 2023".
  • Dr Lui Che-woo, Chairman of K. Wah Group and the founder of LUI Che Woo Prize - Prize for World Civilisation interacts with media.
  • Hong Kong secondary school students who joined the "KWIH and TWGHs Study Tour at Shanghai Jiao Tong University 2023" visit Shanghai K. Wah Centre.
  • Their presence added significance to this momentous milestone in fostering the development and exchange of science and technology between Shanghai and Hong Kong.

Fashion's tangible pathway to becoming net positive

Retrieved on: 
Wednesday, September 27, 2023

In a first for the Fashion CEO Agenda, this edition has been developed to include subsequent action areas for brands, retailers, and producers.

Key Points: 
  • In a first for the Fashion CEO Agenda, this edition has been developed to include subsequent action areas for brands, retailers, and producers.
  • To realise this Vision, it is imperative that the sector moves from ambition to action - the theme underpinning Global Fashion Summit: Boston Edition 2023.
  • Federica Marchionni, CEO, Global Fashion Agenda, says: "Promising pockets of development confirm the industry's commitment to revolutionise the garment sector.
  • I hope this report can be a source for tangible guidance and act as a companion for the industry as it embarks on the pathway to becoming net positive."