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Realtyplus Team  
Retail Space Discussed In Detail At Hong Kong Meet

Facility Media, publisher of Real Estate Facility Management Projects magazine (RFP), held a Retail Space Asia Conference 2006 on December 13 in Hong Kong. It addressed topics covering site selection strategy, design and layout of a shopping centre from a retailer's and designer's perspective, as well as architecture for customer-friendly retail environment. The conference was supported by Business Environment Council (BEC).

Among the speakers were Christian Wright, Director of Retail Planning, Knight Frank; Kay Kwan, Project Sales Manager, Megaman, Hong Kong; Patrick Bruce, Director, Oval Partnerships, Hong Kong; Phil Kim, Senior VP & MD, Jerde Partnerships, Hong Kong; and Yannick Kennel, MD, FootFall Asia.

The speakers demonstrated the case studies of some Asian companies. They shared their experiences in selecting the best sites, designing, collaborating with developers or retailers, planning their site selection strategy, rolling out multiple locations, building their brand through design, acquiring accurate traffic or demographic data, and most importantly, increasing sales.

Specialising in key market sectors of mainly Corporate Real Estate & Facility Management, Facility Media holds a database of 12,000 professionals. With over 15 years of industry experience and extensive media contacts, Facility Media is a unique resource for industry conference, event management and raising corporate profiles across Asia.

Focus On Realty In South India

The Confederation of Indian Industry (CII) organized in Chennai on December 7 a seminar titled ‘Estate South 2006’ which focused on the emerging trends and opportunities in the real estate sector of southern India.

Addressing the seminar, Yash Gupta, Managing Director of HINES, an international real estate firm, said that besides bringing international design and engineering concepts, foreign investors optimize business through economic and process efficiency. Prakash Gurbaxani, CEO of TSI Ventures (India), laid stress on entrepreneurial opportunities that FDI entry creates.

V. Ranganathan, Senior Partner, Ernst & Young, pointed out that despite improvements in taxation laws, indirect taxes continue to be an area of concern. K.C. Chakrabarty, CMD, Indian Bank, that current real estate boom can persist only if the investors are responsible and meet the realistic aspirations of the consumers. Nitin Malhan, Vice-President, Warbing Pincus India, observed that foreign investors are still apprehensive as they find the scale-up plans of most of the Indian real estate companies unreasonable.

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