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Jones Lang LaSalle Real Estate Services is also handling the sale of Vandyk’s King’s Mill site at 15 Neighbourhood Lane, which hit the market last week. The proposed Ksh402 million Real Estate Investment Trust transaction will permit IFIR’s non-professional Investors to redeem up to 36,585,134 units at a redemption provide worth of Ksh11 per unit. Experts say that as REITs expand into new asset classes like industrial, data facilities, lodge, healthcare, and schooling, they may experience speedy growth in the future. Jared Kushner’s real estate ventures in Serbia and Albania face opposition as a outcome of environmental and transparency issues. Projects in Belgrade and the Albanian coast stir controversy, with critics highlighting ecological dangers and lack of public involvement. Allegedly, Jaffer Sadiq laundered over Rs forty crore from drug trafficking into movie manufacturing, hospitality, and real estate.
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The gross leasing of workplace space went up 43 per cent to sixteen.2 million square feet in January-March this year from eleven.three million sq. feet in the corresponding interval of the previous 12 months. In a launch, the Brihanmumbai Municipal Corporation stated last notices for making payment in seven days have been …