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1.What trends are driving demand in the smart homes space?

Advancement in IoT and demand for energy-efficient appliances are drivers.


2.Smart cities risk curtailing potential by prioritising technology over people

Smart city initiatives in the Asia Pacific will not reach their potential if they focus on delivering cutting-edge technologies without paying enough attention to the needs and experiences of citizens, according to new research, Smart Cities Success: Connecting people, proptech and real estate, released by leading real estate consultant JLL recently


3.IndiGrid to acquire Rs 115 billion transmission assets from Sterlite Power

The new capital investment is expected to help IndiGrid achieve the goal of Rs 170 billion of assets under management


4.Co-living is winning tenants and landlords over from traditional leasing model

The co-living market is taking off in Asia Pacific including India as more people migrate to cities for jobs or education opportunities. This is opening up new opportunities for real estate developers and investors around the region, says JLL’s ‘Co-living in Costly Cities – Asia Pacific’ report.


5.Embassy Office Parks opens India’s first REIT

REITs have a proven and successful track record in several Asian countries


6.Vermeer announces key dealership in India

Announces wholly-owned equipment dealership in India


7.Powering On or Out?

If you are working on a construction site, the likelihood is that you will have a generator set running to provide temporary power, possibly running all day for the duration of the project.


8.Appointments

Essel Infraprojects appoints Vinod Bhandawat as CFO. Piramal Realty appoints Naaman Atallah as CEO.


9.Awards Bagged

Cushman & Wakefield India has bagged the 5-star award for Property Consultancy Marketing and Best Property Consultancy in India at the Asia Pacific Awards 2017


10.Godrej & Boyce, WorldGBC join hands to accelerate dialogue on net zero carbon buildings

Godrej & Boyce, a Godrej Group Company, has partnered with WorldGBC’s Asia Pacific Regional Network as a Corporate Activity Partner to advance the dialogue on accelerating the uptake of net zero carbon buildings in the Asia Pacific region.