Tishman Speyer and Raffles Family Office Announce Blue Chip Collaboration to Launch APAC Real Estate Fund

SINGAPORE – Media OutReach – 10 May 2023 – Tishman Speyer, a leading global developer, owner, operator, and investment manager of premier real estate, and Raffles Family Office (“RFO”), a leading commercial multi-family office (“MFO”) in Asia, have established a new partnership to launch the Tishman Speyer/Raffles Family Office APAC Opportunity Fund I (the “Fund”).

The Fund targets value add and opportunistic investments within key real estate themes such as brown-to-green, living sector, logistics, and special situations, including credit strategies and distressed opportunities. This synergistic collaboration between a leading global real estate investor and a leading Asian MFO will grant private wealth investors unparalleled access into tailored, institutional grade real estate investments.

“This marks a milestone in Tishman Speyer’s expansion into Asia Pacific gateway cities, and the start of a significant partnership with Raffles Family Office and their investors,” said Rob Speyer, Chief Executive Officer at Tishman Speyer. “Together, Tishman Speyer and RFO will create a compelling portfolio that supports the growth of new economy sectors throughout APAC.”

Chi-man Kwan, Group CEO and Co-founder of Raffles Family Office, said, “We are excited to partner with Tishman Speyer, one of the world’s most recognized and esteemed international developers. As both intergenerational wealth transfers and new wealth emerge, family offices continue to gain traction as preferred wealth management vehicles due to the enhanced control and flexibility they provide. This collaboration seeks to capitalize on the unique advantages of family offices and aims to address the increasingly complex asset management needs of APAC UHNWs. It is part of our ongoing commitment to support their growing demand for geographical and asset class diversification.”

Joe Kwan, Managing Partner, Real Estate of Raffles Family Office, added, “We look forward to embarking on this journey with Tishman Speyer for an inaugural APAC Real Estate fund. This partnership is the first of its kind, and it arrives at an ideal time to emphasize our conviction of the longer-term secular tailwinds across the Asia Pacific region. This combined with class leading investment, governance and asset management capabilities, offer a unique set of real estate investment opportunities for UHNW investors. The ability to invest through a down cycle will offer strong return proposition for our clients and may well prove to be an exceptional vintage for the fund.”

About Tishman Speyer

Tishman Speyer is a leading owner, developer, operator and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia and Latin America. Our portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. With global vision, on-the-ground expertise and a personalized approach, we are unparalleled in our ability to foster innovation, quickly adapt to global and local trends and proactively anticipate our customers’ evolving needs. By focusing on health and wellness, enlightened placemaking and customer-focused initiatives such as our tenant amenities platform, ZO, and our flexible space and co-working brand, Studio, we tend not just to our physical buildings, but to the people who inhabit them on a daily basis. Since our inception in 1978, Tishman Speyer has acquired, developed, and operated 531 properties, totalling 221 million square feet, with a combined value of approximately $130 billion (U.S.). Our current portfolio includes such iconic assets as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt and the Mission Rock neighborhood currently being realized in San Francisco. For additional information, visit https://www.tishmanspeyer.com

About Raffles Family Office

Raffles Family Office (RFO) is an award-winning multi-family office that offers a full suite of wealth management services for ultra-high net worth individuals. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership network built for seamless collaboration with the world’s leading financial institutions, the firm is uniquely placed to provide comprehensive, lasting and highly bespoke wealth growth and preservation solutions. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. For additional information, visit http://www.rafflesgroup.co

Media Contact

Tishman Speyer: Raffles Family Office:
Bud Perrone

bperrone@rubenstein.com

+1 212-843-8068

Agnes Suen

agnessuen@rafflesgroup.co
+852 9050 5406

 

Floship Hand-Picked for The Leading 100 List 2023

The annual research list recognizes Floship’s technology’s innovative approach to driving the future of brand-to-consumer

HONG KONG and NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) — Floship, a leading global circular supply chain solutions provider, is pleased to announce that it has been appointed to The Leading 100 List — a highly anticipated annual research list by The Lead that recognizes innovative tech start-ups that are driving the future of brand-to-consumer businesses.

Companies from across the value chain—including marketing, e-commerce, last-mile, and third-party logistics, checkouts, and payments were nominated and considered.

All companies were evaluated and selected using a rigorous methodology including company interviews, nomination forms, and company data. The selection process included a detailed look at each company’s business with a decision-making criterion based on Innovation, Business Impact, Commercialization & Customers, Teams and experience, Competition, Media Buzz, and Investor Value Creation.

Speaking on the selection, Floship CEO Joshua Tsui said, “Floship’s appointment to The Leading 100 List is a tremendous honor. The selection comes at an exciting time in our journey and this acknowledgment underscores Floship’s intelligent technology’s innovative capabilities and the exceptional value that it creates for our clients and their customers. As we look ahead to the next phase of our growth, our technology will remain integral to the rollout of our modular service offering including white-labeling solutions for enterprise organizations and this award confers another level of assurability to our solutions.”

Companies on The Leading 100 List will be honored in an awards ceremony at The Lead Innovation Summit between 12 & 13 July in New York City. The annual summit brings together executives from across the entire fashion, beauty, CPG, and retail innovation community to engage the future of the direct-to-consumer business model.

“I’d like to thank the selection committee and express my congratulations to the other companies selected for The List and look forward to connecting with industry peers in New York,” shared Tsui.

About Floship

Floship’s global circular supply chain ecosystem solutions cover all aspects of the global supply chain, ensuring minimal operation effort for e-commerce businesses, and allowing business owners to concentrate on driving growth with investment flexibility while gaining peace of mind.

Learn more at www.floship.com or follow us on,  LinkedIn,

For more information about Floship, please contact:

James Linacre, PR & Communications Lead

Phone: (+852) 5333 9420

Email: pr@floship.com

GlobeNewswire Distribution ID 8834891

JBA takes part in Annual Investment Meeting Congress 2023 in Abu Dhabi

The Jordanian Businessmen Association (JBA) participated in the Annual Investment Forum 2023 held in Abu Dhabi, according to a statement on Wednesday. The association’s Director General Tariq Hijazi participated in a special session on promoting and highlighting investment opportunities in Jordan, chaired by the Minister of Investment Kholoud Saqqaf and in the presence of the Secretary-General of the Arab League Ahmed Aboul Gheit. Hijazi gave a presentation on the role of the association in attracting investment and promoting the investment environment in the Kingdom, and its commitment, since its establishment in 1985, to creating a hub for Jordanian businessmen and working as an investment arm that provides an appropriate business environment for the private sector, and enhancing the prospects for partnership between the public and private sectors in various areas. He pointed out that the association represents, through its members, about 12 economic sectors, and is linked through 28 business councils with similar economic activities in various Arab and foreign countries, adding that it links the Jordanian business community with its counterparts in various countries, in addition to providing an opportunity to establish investment partnerships and introducing the most important investment opportunities available in the Kingdom. He indicated that the Jordanian economy is diverse with the service sector contributing about 70.8 percent of the Gross Domestic Product, the industrial sector by about 25.4 percent, and the agricultural sector by 3.8 percent, stressing the top-notch services provided in the fields of tourism, communications and financial services. Hijazi underscored the importance of the role of the Arab Businessmen Union, which was established in 1997 as one of the institutions of joint Arab action, in strengthening relations and interdependence between the Arab business communities and various countries, thereby promoting Arab economic integration. Highlighting the Jordanian investment environment’s advantages, Hijazi pointed out that Jordan is a safe destination for investment, has monetary stability, a skilled workforce, a strategic location and a number of free and development zones, which offer customs and tax exemptions.

Source: Jordan News Agency

ZATCA Thwarts Two Attempts to Smuggle Over 100kg of Methamphetamine

The Zakat, Tax and Customs Authority (ZATCA) has thwarted two attempts to smuggle some 106 kilogrammes of methamphetamine, hidden in two consignments that entered the Kingdom of Saudi Arabia through Al-Batha and Al-Haditha ports.

In the first attempt, ZATCA found 83.2 kilogrammes of methamphetamine in a vehicle that entered the Kingdom through the Al-Batha port after undergoing customs procedures, upon security examination. The methamphetamine was hidden in pieces of marble stone.

In the second attempt, ZATCA found 23.8 kilogrammes of methamphetamine in a truck that entered the Kingdom through Al-Haditha port, hidden in the truck’s spare tire.

ZATCA said that after coordinating with the General Directorate of Narcotics Control, two people who were supposed to receive the shipment were arrested.

ZATCA confirmed that it will continue to tighten customs control over the Kingdom’s imports and exports to ensure the security and protection of the society from criminal activities, in cooperation and constant coordination with the General Directorate of Narcotics Control.

ZATCA urges all citizens to contribute to combating smuggling, to protect society and the national economy, by reaching out to the designated number for security reports (1910), or via (e-mail: 1910@zatca.gov.sa) or the international number (00966114208417). Through these channels, ZATCA receives reports related to smuggling and violations of the provisions of the unified customs system in complete confidentiality, with a financial reward given to the informer if the tip proves true.

Source: Saudi Press Agency

Palestine Calls on International Community to Hold Israeli Entity Accountable for Crimes

Permanent Representative of the State of Palestine to the United Nations Riyad Mansour, called for action by the international community to stop the Israeli occupation authorities’ war crimes against the Palestinian people, hold the perpetrators accountable, implement laws aimed at protecting civilians and ensure peace and security, as well as putting an end to this illegal situation.

Mansour sent three identical letters to the UN Secretary-General, this month’s President of the Security Council (Switzerland) and the President of the United Nations General Assembly (UNGA), in regard to the Israeli occupation’s renewed military attack on the besieged Gaza Strip, without restraint and reprimand.

Mansour noted that the Israeli entity continued to carry out repeated military attacks and incursions into Gaza, resulting in the martyrdom and wounding of Palestinian civilians, the destruction of civilian property and infrastructure, and the terrorization of the civilian population in its entirety, in full view of the international community and the Security Council, and without any consequences, despite the Charter’s mandate to maintain international peace and security.

A series of extrajudicial killings occurred in the West Bank by the occupation forces, Mansour said, adding that the airstrikes carried out on several locations throughout Gaza yesterday, resulted in the death of 15 Palestinian citizens, and the wounding of 20 – many of whom are in critical condition. Mansour indicated that the Israeli occupation had planned this aggression to deliberately target and execute Palestinians, and underestimate the law, pointing to the killing of many families.

Mansour condemned this deadly aggression against Palestinians, calling for immediate action to hold the perpetrators accountable of their grave crimes and violations of human rights and international law in the Occupied Palestinian Territory, including east of Occupied Jerusalem, stressing the duty of the Security Council, Secretary-General and the international community to take an action.

He stressed that it is time to put an end to Israel’s impunity, continuous murder, destruction, colonization and annexation, underlining the clarity and comprehensiveness of international law, and the necessity to uphold it in all circumstances and situations, as Palestine cannot be an exception.

Source: Qatar News Agency

Settlers Renew Storming of Al-Aqsa Mosque Under Protection of Occupation Police

Settlers renewed their storming of the blessed Al-Aqsa Mosque on Wednesday, with heavy security from the Israeli occupation police.

Palestinian news agency (WAFA) reported that dozens of settlers stormed Al-Aqsa Mosque from the Mughrabi Gate and carried out provocative tours in the eastern side of it.

The occupation police continued to impose restrictions on the entry of Palestinians from Occupied Jerusalem and the occupied interior of the blessed mosque, checking their personal identities, and obstructing their entry to it.

Al-Aqsa Mosque is subjected to a series of violations and incursions by settlers on an almost daily basis, under the protection of the occupation police, in an attempt to impose full control over the mosque and divide it temporally and spatially.

Source: Qatar News Agency