Mitsubishi enters India real estate sector with INR 1.8B investment

Mitsubishi Corporation, Japan’s largest trading company, has reportedly ventured into the Indian real estate business with an investment of approximately Rs. 1.8 billion, with an underdevelopment residential project by Shriram Properties in Chennai. According to terms of the agreement, Mitsubishi would hold a 70% stake …

19 Cities sign Net Zero Carbon Buildings Declaration in London

The mayors of 19 global metropolises have reportedly announced to have signed the Net Zero Carbon Buildings Declaration in London with an aim to significantly lower greenhouse gas emissions in their respective cities. As per trusted sources, the newly constructed buildings would have zero emissions …

Australia’s NT Airports to undergo a USD 300 million expansion

Northern Territory Airports Pty Ltd (NTAPL), a subsidiary of Airport Development Group (ADG) has reportedly been awarded a USD 300 million expansion bonus by the Northern Australia Infrastructure Facility (NAIF), an investment reported to be the largest financing ever made by the Federal body. As …