CB Richard Ellis and Galaxy Real Estate Form Strategic Partnership

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CB Richard Ellis and Galaxy Real Estate Form Strategic Partnership

Galaxy Real Estate recently announced that it has entered into a strategic partnership with CB Richard Ellis, the world's largest real estate services company, in relation to the Galaxy Centre in Shenzhen, a new commercial landmark in the Central Business District of the city.

Beijing, China (PRWEB) August 25, 2007 -- Galaxy Real Estate recently announced that it has entered into a strategic partnership with CB Richard Ellis, the world's largest real estate services company, in relation to the Galaxy Centre in Shenzhen, a new commercial landmark in the Central Business District of the city. This partnership will allow Galaxy Real Estate to leverage the industry leading expertise and experience of CB Richard Ellis via the appointment of CB Richard Ellis as the asset manager and marketing consultant in relation to the development. A recent signing ceremony associated with the initiative was attended by Mr. Chris Brooke, President & CEO of CB Richard Ellis in Greater China, and Mr. Huang Chulong, Chairman of Galaxy Real Estate.

Galaxy Centre is situated in a prime location in Shenzhen, at the heart of the new administrative, commercial and financial hub of the city. The project is being developed by Galaxy Real Estate, a leading property developer in Shenzhen with over 20 years of experience. With a total gross floor area of over 120,000 square metres, the Galaxy Centre is anticipated to become a landmark mixed use complex within Shenzhen, integrating high quality office, retail and hotel uses within the development.

In addition to the outstanding design and specification, it is also intended that the Galaxy Centre will feature a first-class lifestyle environment. Galaxy Real Estate has entered into an agreement with Ritz-Carlton Hotels, a world renowned hotel management company,
to manage and operate the hotel within the development. The role of CB Richard Ellis will be to ensure that the property is also leased and operated in accordance with international best practice such that the highest possible standards are achieved from the perspective of office and retail occupiers as well as visitors to the complex.

The structure associated with the Galaxy Centre was topped out on 30th June 2007. The leasing of the project will commence in mid August 2007 and the project is expected to be fully operational by mid 2008.

Mr. Huang Chulong, Chairman of Galaxy Real Estate, said, "The prosperity of the real estate market bears testimony to the rapid economic development of Shenzhen. As the needs of our customers have evolved, we have focused upon the introduction of internationally advanced real estate marketing techniques and management practices. We will not only provide superior facilities to office occupiers and retailers, but will also ensure that they receive high quality levels of service. As such, we are very pleased to be partnering with CB Richard Ellis, the world's largest real estate services firm. By leveraging competitiveness and experience from both parties, we believe that we will be able to create a new landmark project within the commercial real estate sector in Shenzhen."

Mr. Chris Brooke, President & CEO, CB Richard Ellis in Greater China, said, "High quality asset management is key to ensuring that commercial investment properties both meet the needs of occupiers and appreciate in value over time. Given that the real estate sector in Shenzhen is rapidly maturing, we believe that the introduction of international best practice in relation to the development, leasing and management of properties will play a critical role in creating added value and enhancing the competitive edge of individual projects. The collaboration between Galaxy Real Estate and CB Richard Ellis offers significant mutual benefits and, in addition, further demonstrates our continued commitment to providing real estate services aligned with the business interests and strategies of our clients."

Martin Chiu, Managing Director, CB Richard Ellis in Shenzhen, said, "Shenzhen is at the frontier of economic development in China. Many well-known international and domestic organizations have established significant operations in the city, which has facilitated the growth of the local real estate market. In many ways, Shenzhen is taking a leading role in terms of setting standards relating to the development of the real estate market in China. We see our involvement in the Galaxy Centre as an opportunity to combine our local market knowledge with the resources of our global network to both meet the needs of our client and expand our business in Shenzhen."

Over the years, CB Richard Ellis has established itself as a leading real estate service provider in Greater China, currently having offices in Beijing, Shanghai (Puxi and Pudong), Guangzhou, Chengdu, Tianjin, Shenzhen, Hangzhou, Dalian, Hong Kong (Hong Kong Island and Kowloon) and Taipei, as well as approximately 10 project offices and experience in over 60 cities.

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Press Contact: Jenny Auw-Yong
Company Name: CB Richard Ellis (Hong Kong)
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Phone: +852-2820-2800
Website: http://www.cbre.com.hk/hongkong/eng/default.aspx

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Manyoo, Manchester - An Excellent UK City Investment

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Manyoo, Manchester - An Excellent UK City Investment

From only 104,750 GBP, apartments and commercial units at Manyoo, in the heart of Manchester city's docklands area are attracting much attention from today's trendy professionals as the place to be. Manyoo combines cutting-edge urban designs with practical living to create an impressive Quayside development of four blocks to include residential and business units. The development offers smart studios, 1, 2 and 3 bedroom apartments with current prices ranging from 104,470 GBP to 252,000 GBP. Also available are 20,000 square feet of retail space and 30,000 square feet of office accommodation.

(PRWEB) August 5, 2007 -- Most of us are aware of the great success of projects such as London's Docklands. Their appeal lies in a central location, excellent infrastructure and top urban designs to create prestigious business and residential environments. Manyoo makes no exception to this rule, modelling itself along a similar concept and now attracting a trendy media set, including the likes of the BBC and other related media companies.

The International Property Investment Network (IPIN) has identified Manyoo as a strong investment due to:
* Excellent Payment Terms - Reservation is 1,000 GBP with 3.33% deposit in 28 days(minus reservation), 3.33% due in May 2008, and 3.33% in May 2009, with the final 90% payable upon completion in October 2010.
* Location - Within the Salford Quays, the development is ideally situated near Manchester city centre, 1 mile from the M602 motorway and only 10 miles from Manchester International Airport.
* Increased Economic Activity - Salford Quays has been earmarked for relocation by many top media companies. Its surrounding areas accommodate an estimated 44,000 workers in a large number of offices and major company headquarters, and apartments at Manyoo will attract a ready supply of stylish professionals looking to live and work in the area.
* Design - Manyoo is designed and developed by yoo, an international company famous for its transformation of urban spaces into creative, individual homes and workplaces. Design is innovative with highly contemporary interiors and finishes created by the yoo design team and the internationally renowned designer and lifestyle icon, Jade Jagger.

Salford Quays is a prime example of how regeneration projects can work. As a former inland port, the Quays is steeped in industrial heritage, blending tastefully with the new on-site shopping, culture, sports, hotels, restaurants and bars.

IPIN's Director of Investment Product and Development, Bernardo Retana, leaves us with some parting comments, "Many property investors are looking to invest in the UK´s reassuringly stable investment climate. Manchester is in fact the second major financial centre outside London and its cost of living is lower than the UK average. Manyoo, on Manchester's Quayside, is set for Dockland's success, so it's currently a highly exciting http://www.propertyshowrooms.com/IPIN/city-centre-investment.asp [UK property investment location".

The International Property Investment Network (IPIN) operated by www.Propertyshowrooms.com helps all types of investors in their quest to access up-to-the minute information on the very latest investment opportunities in the worldwide property market today. All discerning property investors realize the importance of taking advantage of the most lucrative real estate opportunities as soon as they arise, before they become common knowledge.

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Press Contact: Press Dept
Company Name: propertyshowrooms.com
Email: Email Us Here: http://www.prweb.com/emailmember.php?prid=544559
Phone: +(34) 952 198 657
Website: www.propertyshowrooms.com

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Prime City Investment at Astrum Towers, Istanbul, Turkey

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Prime City Investment at Astrum Towers, Istanbul, Turkey

From an amazing 29,092 GBP, city property in Turkey´s emerging Büyükçekmece of Istanbul is today offering excellent investment potential, according to The International Property Investment Network (IPIN). Tipped by top economists as a prime investment location, Istanbul offers various opportunities in Büyükçekmece, such as this carefully selected development at Astrum Towers. Its first phase comprises blocks of 1,285 one, two and three bedroom units, complete with swimming pools and other amenities, while two more phases are to follow.

(PRWEB) August 5, 2007 -- From an amazing 29,092 GBP, city property in Turkey´s emerging Büyükçekmece of Istanbul is today offering excellent investment potential, according to The International Property Investment Network (IPIN). Tipped by top economists as a prime investment location, Istanbul offers various opportunities in Büyükçekmece, such as this carefully selected development at Astrum Towers. Its first phase comprises blocks of 1,285 one, two and three bedroom units, complete with swimming pools and other amenities, while two more phases are to follow.

These off-plan apartments will provide comfortable, quality accommodation in an area now famed as a hotspot for the city's new industrial activities.

IPIN regards Astrum Towers is an ideal city investment because:
* Considering the high capital growth rates that Istanbul property is forecasted to achieve, the developers quote projected annual returns of 20%. With growth rates continuing to be driven by demand through increased jobs and disposable income, investors do expect to see significant growth in such a key location; strong GDP growth is also driving the demand for local housing.
* Located alongside the new industrial areas of Haramidere and Beylikdüzü, Astrum Towers sits conveniently close to the city centre, being easily accessible via the TEM motorway linking Istanbul to Ankara and the E-5 highway
* Due to its situation within an emerging business area of Istanbul, the development is set to attract a ready supply of professionals seeking rental accommodation, in turn fuelling a healthy buy-to-let investment market
* The blocks are a stone's throw from brand new commercial and recreation centres, providing convenient, modern amenities close at hand
* The major commercial harbor at Kumport is located close to Beylikdüzü, ideally serving industries in the area
* Daily flight connections link Istanbul and Heathrow via Turkish Airlines, with XL Airlines also running a weekly service to Gatwick
* The units are built to high standards by a large developer, carefully vetted by IPIN

Now that commercial giants such as Ikea and Harvey Nichols have opened up in Istanbul and the headquarters of many other multinational companies and foreign banks are now operating from Turkey, Istanbul is taking the commercial limelight - so much so that the retail space available is far below demand levels, thus creating a strong opportunity for all timely investors.

Due to their great investment potential both in terms of capital growth and rental yields, units at Astrum Towers are reserving very fast and IPIN advises swift action while phase one pricing levels and availability still last.

The International Property Investment Network (IPIN) operated by www.Propertyshowrooms.com helps all types of investors in their quest to access up-to-the minute information on the very latest investment opportunities in the worldwide property market today. All discerning property investors realize the importance of taking advantage of the most lucrative real estate opportunities as soon as they arise, before they become common knowledge.

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Press Contact: Press Dept
Company Name: propertyshowrooms.com
Email: Email Us Here: http://www.prweb.com/emailmember.php?prid=544560
Phone: +(34) 952 198 657
Website: www.propertyshowrooms.com

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