Livni

India / Chennai:

Gindi partner with local company and bought 170 dunams next to an IT park in Chennai for a 5000 unit new closed suburb. marketing will start in 6 months. they set up a marketing office and management in hyderabad. investment will total $300m.

משפחת גינדי בדרך להודו: תקים עם שותף שכונת מגורים בצ'נאי ב-300 מיליון דולר
אבי גינדי, מבעלי גינדי החזקות, אמר: "אנו רואים בהודו כסנונית הראשונה להשקעות החברה בשוק הנדל"ן הגלובלי, וכמנוע צמיחה נוסף לחברה"
אבי שאולי 17:12 04/02/08

חברת גינדי החזקות משקיעה לראשונה בנדל"ן למגורים בחו"ל - כך נודע ל"גלובס". החברה רכשה קרקע בהיקף של 170 דונם בצ'נאי, הממוקמת בקרבת הים ומיועדת לשכונת מגורים סגורה בת 5,000 יחידות דיור. היקף ההשקעה בפרוייקט הראשון של גינדי החזקות בהודו צפוי להסתכם בכ-300 מליון דולר.
אבי גינדי, מבעלי גינדי החזקות, אמר: "אנו רואים בהודו כסנונית הראשונה להשקעות החברה בשוק הנדל"ן הגלובלי, וכמנוע צמיחה נוסף לחברה. אנו מאמינים כי בהודו קיים פוטנציאל עצום ומתכננים לרכוש במהלך השנה הקרובה קרקעות נוספות למגורים בהשקעה של כ-100 מליון דולר. הפרוייקט הנוכחי נמצא בימים אלו בתהליכי תכנון בשיתוף עם משרד האדריכלים "פוסטר" מלונדון ואדריכלים מקומיים ואנו מאמינים כי תוך שנה נתחיל בהקמת הפרוייקט". מודעה
בחברה צופים למחזור מכירות של כ-500 מליון דולר מהפרויקט, שישווק בעוד כ-6 חודשים. במשרד מכירות שהוקם בהיידרבד על שטח של 3000 מטר, במסגרתו יועסקו אנשי מטה מקומיים בניהול מנכ"ל ישראלי הפרוייקט מציע דירות בגודל של כ-100 מ"ר במחיר של כ-1,100 דולר למ"ר ומיועד לאוכלוסייה ממעמד סוציו אקונומי ממוצע, שצפויה לגדול באופן משמעותי אודות לקרבה לפארקי ה-IT שמוקמים בימים אלו בעיר צ'נאי"

Livni

India / Bangalore:

BSR in luxury development in India
The company and its partners are planning residence for foreign workers at Bangalore's high-tech companies.
Ariel Rosenberg 21 Feb 08 15:43
BSR Engineering and Development Ltd. (TASE:BSRE) has announced its first real estate deal in India, six months after chairman Kalman Sufrin and president Nachshon Kivity took the company public. A subsidiary has signed an memorandum of understanding (MOU) with partners to buy 126-acre lot in Bangalore for NIS 360 million on which they plan to build an NIS 504 million luxury 160,000-square meter esidential project. The total investment for the first stage of the project is NIS 864 million.
BSR and its partners plan to buy adjacent lots to create a consolidated 400-acre lot. They plan to build 500-700 houses of 350-square meters each on 500-square meter lots, which will be sold for $1-1.2 million per unit to the foreign workers in Bangalore's high-tech companies. A golf course is planned for the adjacent lot, if purchased.

Livni

India / Goa:

Yaakov Engel, Hezi Hermoni in Goa housing projects
The two will invest $500 million in three projects.
Ariel Rosenberg 12 Jun 08 15:45
Sources inform ''Globes'' that Yaakov Engel and Hezi Hermoni have purchased land for the building of three residential projects in the Indian state of Goa. The project will be carried out through Engel's privately-held real estate developer EngelInvest Group. The two partners will invest $500 million in the building of 2,030 apartments. Engel Invest expects the proceeds from the project to total $1 billion. EngelInvest's CEO for global operations is Alon Avdani.
The first and largest of the three projects is a 1,600-apartment complex in the Cortalim region overlooking the banks of Zuari river. The second project is a 160-unit complex in the capital Goa, Panaji. The third, and most luxurious of the three projects, is a 270-apartment complex in the upmarket region of Dona Paula, considered the most luxurious region in Goa because of the breathtaking view from the sea front. EngelInvest operates in India through local holding company Venosa, which it jointly owns with Hermoni, who has been active in India for 15 years

TalB

Globes [online] – business and technology news from Israel
Zim looks to India again

The Ennore Port is the only Indian port that is run by the private sector.

Lior Baron 6 Jul 08 16:28

Sources inform ''Globes'' that Zim Integrated Shipping Services Ltd. is a member of one of the six consortia that passed the pre-sorting stage in the $1 billion BOT tender to build and operate a new container terminal at Ennore Port Ltd. in southeast India. The terminal is due to begin operating in 2012-2013, and the tender winner will operate it for 20-30 years.

Zim Ports Ltd. a unit of Israel Corp. (TASE: ILCO) subsidiary Zim, is member of a consortium that comprises Japan's Nippon Yusen Kaisha (NYK Line) Ltd. (TSE: 9101), Evergreen Marine Corporation (Taiwan) Ltd, and South Korea's Hyundai Merchant Marine Co. Ltd. Other consortia in the tender include A.P. Moller-Maersk Group A/S (KPX:MAERSK) unit APM Terminals BV, and two Indian groups. More than 40 consortia participated in the pre-sorting stage,

Ennore Port is the 12th largest port in India. It is the only port that is not a port trust, but a private company that owns the port infrastructure, which is operated by the private sector.

The Ennore Port project is not Zim's first venture into the Indian market. Last year, the company was reportedly in talks to buy a stake in Indian port operator ABG Heavy Industries Ltd (BSE: 520155).

Published by Globes [online], Israel business news - Globes [online] – business and technology news from Israel - on July 6, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

__________________
I have respected your views, so I expect you to do the same for me.

TalB

Globes [online] – business and technology news from Israel
Kardan unit plans Chinese expansion

GTC China is involved in six projects in four cities, and has land in five others.

17 Jul 08 14:10

Kardan NV (TASE: KRNV;AEX:KARD) unit GTC Real Estate China Ltd., held through Global Trade Centre Real Estate NV (TASE:GTC) is building with its partners 21,247 apartments in five projects and a 50,000 square meters mall across China. GTC China CEO Erez Applerot gave the presentation today.

GTC China is currently operating in four cities: Changzhou, Chengdu, Shenyang, and Xian, and is planning projects in other cities, with 3-10 million residents each, where it has land rights. The company focuses on what it calls China's tier II and III cities, which have greater potential for returns than the tier I cities of Shanghai, Beijing, Guangzhou and Shenzhen. The company is looking at Nanjing, Jilian, Dalian, Hanzhou, and Wuhan.

GTC China develops the projects with Chinese and Hong Kong partners, and owns between 45% and 75% of each project.

Applerot noted that China first allowed people to own their apartments in 1998, and that the company has already sold 5,000 of the apartments under construction.

Today's presentation comes just days after another GTC subsidiary, Global Trade Centre Poland SA (WSE:GTC) (GTC Poland) announced plans to enter Russia and Ukraine by investing in Europort Ltd. (TASE:ERPT.B1).

Published by Globes [online], Israel business news - Globes [online] – business and technology news from Israel - on July 17, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

__________________
I have respected your views, so I expect you to do the same for me.