BlackRock’s $2.5 Billion Sale: sign Of existence For Singapore’s workplace market

Singapore: BlackRock Inc said it might promote a forty three-storey Singapore workplace tower for $2.five billion – certainly one of at the least 3 workplace building deals in the last months for a market gripped by way of worries approximately oversupply and rising vacancies. The sale to Qatar investment Authority, a sovereign wealth fund, is Singapore’s biggest workplace transaction. it is also the largest unmarried-tower actual estate deal in Asia-Pacific, according to BlackRock, the world’s biggest asset manager. The selling rate of S$2,seven hundred ($1,980) in step with square foot…

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India’s Nascent E-Commerce Market Likely to Draw Global, Local Players

Craigslist could learn a thing or two from Quikr. The Indian equivalent of the free classifieds service publishes product ratings, handles payments and shipping and crucially releases payment only after a buyer gives their purchase a once-over and a virtual thumbs-up. In so doing, the site that lists for sale everything from smartphones to cars is trying to solve problems familiar to every local flea-market bargain-hunter: the typically loud and messy business of haggling, unwieldy transport, and a distrust of smaller merchants. The app’s manifold services illustrate the extent to…

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Uber, Ola Face Off in Battle for India’s Booming Taxi Market

Aiming to wrest control of India’s booming taxi market, two cab-hailing smartphone apps – Uber and Ola – are promising hundreds of millions in new investment while also facing off with one another in court. San Francisco-based Uber reportedly plans a $500 million (roughly Rs. 3,318 crores) infusion of new funds, apart from the $1 billion (roughly Rs. 6,637 crores) already committed over the past nine months, according to Indian newspapers. The company declined this week to comment on those reports. Meanwhile, Ola Cabs promises to add another 2,000 cars…

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Double-Digit Growth in Indian Smartphone Market to Continue: Gartner

While the global smartphone market is set to see a decline this year, India, buoyed by aggressive smartphone launches and a huge consumer base, is likely to witness double-digit growth in 2016 as well as in the next two years, says a new report. According to information technology research and advisory company Gartner, sales of smartphones in India will reach 29 percent in 2016 and will continue to exhibit double-digit growth in the next two years while the sales in China and North America will be flat. Gartner said global…

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Global Smartphone Market Growth to Be Lowest Ever in 2016 – Gartner

Global smartphone sales are expected to grow in single digits in percentage terms for the first time ever and PC shipments are forecast to decline in 2016, according to research firm Gartner Inc. Gartner said on Thursday it expected smartphone sales to grow only 7 percent to 1.5 billion units in 2016 from 2015, stunted by flat sales in the crucial China and North America markets. “The double-digit growth era for the global smartphone market has come to an end,” Ranjit Atwal, research director, was quoted as saying in Gartner’s…

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