RNI No.KARENG/2003/11992- VOL.10- ISSUE.59- BI-MONTHLY, -BANGALORE,27 NOV 2013- - Pages - 4 ,1/-$USD
MONEY & RATES
HOUSE & GARDEN
Excon 2013-A view of Excon 2013 – South Asia’s biggest construction
equipment event held from 20-24 November 2013 in Bangalore.
Excon 2013-L–R: Mr R J Shahaney, Past President, CII; Mr Vipin Sondhi,
Chairman, Excon 2013 and Mr Chandrajit Banerjee, Director General, CII
visiting a outdoor stall at the Excon 2013 exhibition.
BUSINESS & FINANCE
Vacancy Falls but Cautious MNCs Signal Weaker Demand
New Supply Could Spell Attractive Leasing Terms
when the rate was 5.8 million sq. ft.
Against this background,
demand for office space in
Asia Pacific weakened—on
the heels of cautious occupier sentiment—with net
absorption for Q3 totaling
6.7 million sq. ft., the lowest figure recorded since the
market began to recover
from the global financial crisis in Q1 2010.
“Whilst we expect a number
of substantial and high profile transactions to be completed during the year, occupier sentiment will generally remain cautious into
2014. MNCs will continue to
develop cost-effective occupational solutions—with a
particular focus on decentralized areas—and rationalization and consolidation
will remain key demand drivers. Leasing activity by domestic corporations will continue to be strong in many
Hong Kong, November
2013 – Vacancy rates in the
Asia Pacific region dipped
in Q3 2013, as few office
building completions offset
low leasing volume driven by
a subdued level of occupier
demand, according to the
latest report by leading commercial real estate firm,
CBRE. The third quarter saw
occupiers, with a few exceptions, remain cautious,
and this conservative attitude was reflected in the limited volume of leasing transactions. Of the deals that
were signed, most involved
renewals; expansions were
The overall vacancy rate for
the Asia Pacific region
slightly declined from 9.82%
to 9.43% in Q3 2013. Vacancy fell in 11 markets,
was flat in eight and rose in
another seven. At the same
time, only 4.7 million sq. ft.
of new office space was
completed in Asia Pacific in
CONT.ON PAGE 3
CBRE Group, Inc. Acquires CB Richard Ellis Carmody to Expand
its Reach in the Southeastern United States
Los Angeles, November 1, 2013 – CBRE Group, Inc. (NYSE:CBG)
today announced that it has acquired CB Richard Ellis Carmody, a
Charleston, South Carolina based commercial real estate services
firm that has been an affiliate of CBRE serving the South Carolina
coastal markets since 1997. The acquisition of CB Richard Ellis
Carmody enhances CBRE’s coverage of the rapidly growing
southeastern corridor of the U.S.
The firm was founded by Brian and Charles Carmody in 1992, and
Q3, well down on the 9.7
million sq. ft. of new supply
added in Q2 2013. This was
the lowest quarterly volume
of stock completed in Asia
Pacific since Q4 2006,
PROPERTY WORLD ONLINE - NOV 2013
FIRST RENDERINGS OF NEW LAS VEGAS ARENA UNVEILED BY
PROJECT DEVELOPERS AEG AND MGM RESORTS INTERNATIONAL
View of the new Las Vegas arena from west of The Strip. Scheduled to open in
2016 the 20,000-seat arena is a partnership between AEG and MGM Resorts
Joint Venture Releases First Images of Privately Funded
20,000-Seat Indoor Sports & Entertainment Arena Set to
Open in Early 2016
LAS VEGAS (November .2013) / PRNewswire / — Joint
venture partners AEG and MGM Resorts International
(NYSE: MGM), developers of a new world-class indoor
arena in Las Vegas, have released the first images and
details of the 20,000-seat sports and entertainment venue
which will be located near the heart of the famed Las Vegas Strip and adjacent to the I-15 corridor.
The images were unveiled as part of a project update by
the ownership group for the new arena, which is expected
to break ground in April 2014. The arena is being designed
with an array of unrivaled premium offerings and club experiences as well as features that will make it immediately available to host NBA and NHL teams, concerts,
boxing, mixed martial arts, family shows, award shows
and other major events.
The arena, which will be the centerpiece of the revitalization of the area between New York-New York and Monte
Carlo resorts, extending from Las Vegas Blvd. to Frank
Sinatra Drive, is scheduled to open in the spring of 2016.
The project’s anticipated cost of approximately $350 million will be financed entirely with equity contributions from
the partners and privately funded third-party debt financ-
Balcony view from the new Las Vegas arena looking toward New York-New
York on The Strip. Scheduled to open in 2016 the 20,000-seat arena is a partnership between AEG and MGM Resorts International.
Rendering of the new Las Vegas arena, a 20,000-seat sports and entertainment
venue scheduled to open in 2016 is a partnership between AEG and MGM
ing. In keeping with the partners’ commitment to building
responsibly, the arena is being designed to meet the U.S.
Green Building Council’s standards for LEED Gold Certification.
Since its selection as the project’s architect of record,
Populous has worked closely with the project owners and
their project manager, ICON Venue Group, to design an
arena that will connect the contrasting influences of Las
Vegas – the desert and Spring Mountains to the west and
the pulsating, high-energy Las Vegas Boulevard to the east.
To capture the excitement of The Strip, the design includes
an expansive glass façade with an LED overlay; sweeping,
dramatic balconies; an exterior performance stage and a
sleek exterior that is as bold as it is sophisticated, creating a visually captivating and iconic focal point in Las Vegas’ bustling entertainment market.
“As with arenas such as STAPLES Center in Los Angeles,
London’s The O2, Mercedes-Benz Arena in Shanghai and
several others in the AEG Facilities portfolio, this new arena
in Las Vegas is destined to be one of the most recognizable, respected and iconic venues in our industry,” said
Dan Beckerman, President and CEO, AEG. “From the diverse collection of unique and custom-designed premium
seating and hospitality options to the variety of program-
ming that will be booked, there will be offerings to appeal
to the widest audience; from casino operators and their
guests to international travelers and local residents, this
will be world-class in every sense.”
Brad Clark, Senior Principal at Populous and a lead designer of the arena, said “The design of the arena ensures
we will create a truly striking entertainment venue for Las
Vegas – representing the color, drama and excitement the
city exudes. The arena will be an extension of The Strip’s
high energy – our job with the design was to stay authentic to that spirit.”
The renderings highlight day and night exterior views of
the arena which reaches 145’ at the highest point of the
roof. A monumental glass entry façade with a giant LED
overlay runs along the northeast side of the arena reaching a height of 118’ at the parapet of the entry façade.
Highlights, features and concepts of each rendering include:PLAZA NIGHT rendering (LVA1):• Exterior view looking west.An expansive glass façade with an overlay of video
marks the front door and monumental interior atrium, creating a striking arrival statement. With a spectacular balcony featuring an LED soffit and exterior performance stage
below, the arena becomes an extension of the visual cacophony and high energy of the Las Vegas Strip.
Pale Yellow Named 2014 Color of the Year by PPG PITTSBURGH
PAINTS’ THE VOICE OF COLOR Program
Homeowners seek energetic, more optimistic color
to Pause & Refresh from the
busy daily grind
2013 / PRNewswire / —
The PPG Pittsburgh
Paints(R) brand today
named Turning Oakleaf, a
buttercream yellow, as its
2014 Color of the Year. Experts from PPG Industries
(NYSE:PPG), makers of
PPG Pittsburgh Paints products, said they expect the
color to have a prominent role
in home décor in the coming year as part of their forecast for use of brighter, more
optimistic colors among
Refreshed thinking is driving
homeowners to unwind from
their stressful lives and seek
colors that emphasize enlightenment, according to
the brand’s color forecast for
colors into the home that illustrate hopefulness in society, such as Turning Oakleaf
(ATC-38), can transfuse a
room with brilliant energy.
Turning Oakleaf is one of 25
featured colors presented in
Pause & Refresh, a collection of five new color palettes
showcasing the 2014-2015
color trends for THE VOICE
OF COLOR(R) program.
“Homeowners have moved
away from the muted hues
influenced by economic factors in recent years. Turning Oakleaf, which is soft
enough to be a neutral but
bright enough to generate a
sunshine-like energy, represents a trend toward
warmth in harmonious living, deep appreciation for
the surrounding natural elements and a thorough understanding of enlightened
philosophies,” said Dee
Schlotter, brand manager,
The Voice of Color program.
“We are experiencing the
popularity of the soft yellow
shade across all markets,
such as home décor, automotive and electronics, making it a clear Color of the Year
PPG employs more than 20
color stylists around the
world, each specializing in
different markets, who collaborate to determine styles
and color trends for the
home, consumer products
and automobiles. The
megatrend of refreshed
thinking drives diverse color
options in the Pause & Re-
fresh trend palettes, enabling homeowners to determine what color combinations will create a customized room that captures
the necessary elements to
evoke a calming and refreshing hiatus from the hectic nature of everyday life.
Whether it’s a bold, rich red
like Red Gumball (223-7), an
elegant and refined blue like
Stained Glass (447-6) or a
soft, pale pink like Ballet
Slipper (231-2), consumers
are using color to capture
their personal definition of
tranquil living.“With today’s
24-hour connectivity and onthe-go lifestyle becoming
more and more common,
homeowners are transforming their living spaces into
comfortable retreats with
colors that represent how
individuals perceive their
ideal form of relaxation,”
Schlotter said. “For some,
the back-to-basics feel that
captures an earthy, primitive
and organic reference is the
natural influence needed to
pause from today’s technologically-driven lifestyle. For
others, bold, dynamic colors
mixed with artisan patterns,
shapes and prints generate
an atmosphere that is lively,
vibrant and creatively energizing.”The key trend colors
for the PPG Pittsburgh
Paints brand are presented
in signature five-color palette
cards that create color opportunities for all design elements in a space, including window treatments, flooring and fabric.
The five new Pause & Refresh palettes in The Voice
of Color program for 20142015 are available at dealers of PPG Pittsburgh
Paints products across the
United States. These palettes are:
New Spirit:Earthy and Primitive.This trend focuses on
the new consciousness of
earth and organic references. A calm and modern
approach to color captures
earthy tones for a relaxed atmosphere, combined with
the raw colors of the great
PROPERTY WORLD ONLINE - NOV 2013
Regatta Apartments Sell Fast as the Pick of The Springs
A boutique apartment development that forms part of the
transformation of The Springs urban renewal project in
Rivervale has proved popular with 40 per cent of apartments
The remaining stock of two bedroom apartments is selling
from $540,000 to $580,000.
Called Regatta Apartments, it has been created by upmarket local developer Motus Property - the development
arm of highly regarded local architect Motus Architecture,
which has created some of Perth’s most innovative residential projects.
The boutique Regatta Apartments consists of just 22 luxury
residences offering stylish living with expansive floor spaces
and large balconies. The development will focus on sustainable design and an active living environment and occupies a premium site in The Springs, close to the river.
Motus director Peter Jodrell said the company selected
the challenging, triangular shaped site due to its ideal location, with the river just 100 metres away through
parklands, a number of established neighbours and being
well protected from the Graham Farmer freeway and Great
He said The Springs offered a unique, near city living environment, but it was important for Motus to have the right
site within the 14 acre urban renewal to ensure a tranquil
lifestyle with amenity and accessibility.
“Regatta will really focus on lifestyle, with large internal
living areas, a special area for storing canoes and kayaks
and also a bicycle repair and maintenance space. A glass
faced lift will let residents always feel connected to their
surroundings,” Mr Jodrell said.
“We have also designed it to the Adaptable Housing Guide-
lines with very few steps, wide doors and large rooms so
that as residents age or if they become immobilized, the
spaces can still accommodate them.”
Knight Frank selling agent Neha Shah said Regatta Apartments was very different to other developments at The
Springs due to it only having 22 apartments over five levels.
She said this had proved extremely popular with buyers
and had given the project a more intimate and exclusive
Ms Shah said Motus had an excellent track record and
was committed to a quality living environment with extras
such as timber floors, gas cooking, Miele appliances, travertine tiles and reverse cycle air conditioning.
The Springs is a major initiative by Landcorp to reactivate
a large tract of riverfront land at the junction of Great Eastern Highway and the Graham Farmer Freeway. It is one of
the biggest urban renewal projects undertaken south of
the river and will introduce new and diverse styles of apartment living as well as a unique investment opportunity.
Ms Shah said it would provide a range of medium to high
density residential developments, including townhouses and
apartments, plus a mix of commercial sites and tenancies.
“The development is close to parks, the river, public transport and a wide range of shopping and lifestyle options,
including the Crown complex as well as the new planned
Perth Stadium.” Ms Shah said.
“Just six kilometres away from the Perth CBD, The Springs
will have plenty of public open spaces, created for office
workers and residents and it will all be linked to the city by
cycle and walking paths.”
CBD Value Add or Conversion Opportunity
Property investors looking for a guaranteed rate of return
while considering various options will be lining up for Perth’s
high profile HBF Building, which is for sale by Expressions
of Interest through Knight Frank.
The central Murray Street building occupies a prime CBD
location with the opportunity to value add or convert to alternative uses in the future – plus the rental return will be
set at a fixed eight per cent of the purchase price.
HBF - Western Australia’s largest health insurance provider - occupies the entire building and will enter into a
new, two year lease at settlement. It will also commit to a
further two 12-month lease option terms.
The nine level building has a total net lettable area of approximately 6325 square metres and is located on 1,138
square metres of land near the corner of Murray and Barrack Streets.
It is situated in the heart of the Perth CBD, close to many
new developments and buildings including Equus (a mixed
use residential and commercial development), The Old Treasury office and retail buildings and 6 star hotel, the City of
Perth Library and the soon to be developed FESA site on
Knight Frank associate director Todd Schaffer said the HBF
Building was ideally located in a central position between
Pier Street and Barrack Street and provided excellent transport accessibility and lifestyle amenities.
He said the building offered significant upside for redevelopment or conversion once the HBF tenancy ended, with a
variety of floor plate sizes ranging from 600 square metres
on the ground floor to approximately 787m square metres
on level two.
“The building has three side core lifts allowing for efficient
sub division of tenancy areas or potential strata titling,” Mr
Knight Frank managing director John Corbett said the Perth
CBD was undergoing a significant commercial and residential transformation with a large number of new projects
including the development of Kings Square, Elizabeth Quay
and the City Link underground train station.
He said these developments would further enhance the
Perth CBD’s appeal with increased amenity and this was
adding value to CBD landlords.
The HBF building was constructed by HBF Health Limited
It will be sold by Expressions of Interest closing on December 5, 2013.
New Report Calls on GEF to Prioritize Transport in GEF-6 to
Support Sustainable Development and Climate Change Progress
New York, NY (November,2013) - From November 5-7, the
Global Environmental Facility (GEF) meets at the World
Bank to set its investment strategy for the coming years. A
new report offers recommendations for how GEF can deliver better progress to address transportation, the fastest
growing source of energy related climate change pollution.
GEF is a small but vital source of funding for low-carbon
pilot projects and capacity building in the transport sector
for dozens of countries. GEF has invested more than $3.6
billion since its inception toward mitigating climate change,
but only about 10% of this has gone to sustainable transport. The GEF has progressively increased its allocation
toward its transport portfolio - investment has grown from
around 3% of total climate change investment to roughly
20% in GEF-5. However, utilization is still low, demonstrating the need for improvement.Rapid economic growth
and urbanization in developing nations spurs global demand for transport, a critical component of all economies.
Transport accounts for nearly a quarter of global energy
use and total transport energy use and carbon emissions
are projected to grow 80 percent from 2002 levels by 2030.
GEF can play a key role financing transformational initiatives that support improved mobility and access while curbing emissions. The current GEF-5 Strategy named sustainable transport as a key objective under the Climate
Change Mitigation Focal Area. While the proposed GEF-6
Strategy highlights sustainable transport as a critical component in several programs, it is no longer a key objective.
The Partnership on Sustainable Low Carbon Transport
(SLoCaT), representing over 80 organizations, recently
raised concern in a letter to the GEF Secretariat that this
reorganization might result in a diluted focus on sustainable, low-carbon transport interventions, where GEF's support is needed most.
A report released today by the Institute of Transportation
and Development Policy, Maximizing the Effectiveness of
the Global Environmental Facility (GEF) Sustainable Transport Portfolio, examines selected GEF projects and offers
recommendations for more effective GEF action in the transport sector.
The paper addresses the proposed restructuring of GEF-6
and its implications for future transport funding. The full
report is available for download on www.itdp.org.
The Report discusses how the Rio + 20 commitment by
eight Multilateral Development Banks (MDBs) of $175 billion for more sustainable transport over the next decade
makes GEF investments in this area more important because GEF funding often creates the foundations for larger
projects that can be funded by more mainstream development mechanisms.
Complex General Manager, Mr. Sanjay Sharma, receiving ‘Best Luxury Business Hotel NCR’ Award for The Westin Gurgaon, New Delhi by Mr. Oscar
Fernandes, Hon. Minister for Road Transport and Highways, Government of
Woodstock Ambience now Acquired by
Manipal Integrated Services
Bangalore, Karnataka, India
Manipal Integrated Services, a part of Manipal Education
and Medical Group (MEMG) has recently acquired
Woodstock Ambience, a Bangalore-based provider of gated
living for students and young professionals.
Woodstock Ambience has been in operation for over seven
years. Woodstock is built on 2+ acres land. The facility
can accommodate over 1,000 people which offers both
single and double occupancy options. It is India's first campus style residence for post graduate students and young
professionals. 60% of the nine-lakh IT and BPO workforce
in Bangalore are single men and women. Manipal Integrated
Services offers facility management services to educational
institutions, hospitals, corporate houses, research laboratories and hospitality institutions.
Speaking on this occasion, Mr. K Shobhit Agarwal, CFO of
MIS said "This acquisition is a step towards providing quality
accommodation to students and working professionals
across the country. Woodstock matched our requirements
of providing a campus with facilities that encourage smart
community living for students and young professionals.
Woodstock has clientele like IBM, Infosys, Hewlett-Packard,
TATA Consultancy Services and Wipro"
Estimates say that young population of Tier I cities are
interested in such services. MIS is therefore keen on providing integrated campuses and build network in other Indian metros and education hubs with comfort and convenience.
The Vice President, Mr.Mohd. Hamid Ansari, the Chief Justice of India, Mr.
Justice Palanisamy Sathasivam and other dignitaries at the “Inaugural Ceremony of Faridkot House and 3rd Foundation Day of National Green Tribunal
(NGT)”, in New Delhi .
markets and smaller- to medium-sized requirements will
account for the bulk of leasing deals,” says John Falkiner,
Managing Director, Transactions, CBRE Asia.
Opportunity for Better Leasing Deals?
Office rents have been flat for the past two years and are
likely to remain so in the short term; however, downward
pressure is likely to increase as a large volume of new
supply becomes available—with annual new supply expected to reach all-time highs in the next two years. “The
pressure on rental levels will increase in 2014 as a large
volume of new supply comes on stream giving occupiers
the opportunity to secure attractive leases. We should start
to see occupiers considering postponing expansion plans
or pre-committing to this new supply to secure better
terms,” said Jonathan Hsu, Director, CBRE Research, Asia
The CBRE Asia Pacific Office Rental Index stayed flat for
an eighth consecutive quarter. Rents were unchanged on
a year-on-year basis, and Grade A rents in most markets
continued to display little movement during the period, although there were a few exceptions, with Jakarta posting
the strongest rental growth.
PROPERTY WORLD ONLINE - NOV 2013
GLOBAL PROPERTY SEARCH
Beau Monde, Benson Cross Road,
Bangalore fixed price INR RP70,000,000
Villa Maria, Resthouse Road Bengaluru , Karnataka price on application
Saudi Build 2013-Mr. Sibi George, Minister and Deputy Chief of Mission, Embassy of India , Riyadh. Inaugurating the India Pavilion at “Saudi Build 2013” on 4th
Knight Frank appoints new Asia Pacific Head for Capital Markets
Mitra Kunj, 4th Floor, Peddar Road, Mumbai - 400 026
fixed price INR RP180,000,000
Craigslist Kills Real Estate Marketing
SAN FRANCISCO, Nov .2013 /PRNewswire-iReach/ -Craigslist HAS BEEN a major source of website traffic
and leads for real estate agents and brokers for the last
But starting late October and culminating on November
6th, Craigslist has stopped allowing embedded photos and
hyperlinks to be used in postings to the website.
Many in the real estate world are in a panic as a major
source of free traffic and leads is essentially gone.
With the alternatives of PPC continuing to dramatically
rise in price year over year, buying traffic and leads is becoming untenable and on the SEO front, there are still
only 10 spots on page 1 of Google.
The main benefit of Craigslist ads was the ability to include hyperlinks that would take people out of Craigslist
and into a website page or landing page of the agent or
broker where there was more information and lead capture
that would result in more leads.
But there are more ways of getting these same hyperlinks
in front of buyers and sellers without relying on Craigslist!
With Listings-to-Leads these same hyperlinks, are included
in all marketing tools for the property.
These tools include:
Auto Virtual Tours,Auto Single Property Websites,Auto
eFlyer Campaigns,Auto YouTube Videos,Auto Mobile Sites
with QR Codes,Auto W ordPress Blog Posts,Auto
Facebook Campaigns,Auto Open House Tools
This now allows a consistent way to get multiple marketing messages out for the same listing. ALL messages
include multiple hyperlinks that take people into the
website or landing page of the agent or broker where there
is more information and lead capture that results in more
leads!It also promotes the agent and broker with much
stronger branding capabilities than were available on
Craigslist!Instead of worrying about what Craigslist will do
next, implement an automated system that is proven and
consistent.Listings-to-Leads at NAR San Francisco
To find out more about how to generate traffic to your
website and leads for your business, stop by our booth in
San Francisco. We are in the SPARK Platform booth
If you are not at NAR, for information about broker / company accounts, contact Vince Meza at 800-788-8508 ext.
4000 or firstname.lastname@example.org or visit us here at
our broker success center.For agents, visit http://
October 2013:Knight Frank today unveiled a strategic
strike in the capital markets business with the appointment of Mr Neil Brookes as Knight Frank’s Regional Head,
Capital Markets for Asia Pacific.
Brookes has 12 years of experience in capital markets
and extensive experience in major sales and acquisitions
with overseas investors. Backed by his solid knowledge
and dealings with Asian-based investors, Brookes has a
sound understanding of the financial markets, and specifically capital raising and fund structuring relevant to property acquisitions. He will be based in Singapore as part of
the Asia Pacific team where he will spearhead the regional
capital investment market business which drives all outbound and inbound capital flows to Asia.
Stephen Ellis, Executive Chairman at Knight Frank in Australia said: “We are excited to have Neil join us at Knight
Frank. Neil’s extensive background and experience will
no doubt significantly add value to our business as the
world’s leading independent property advisor and our aim
to increase turnover and profits from outside of the UK,
with particular emphasis on growing our Asia Pacific region.
“Working alongside Managing Director of Capital Markets
Australia, James Parry in Sydney and Head of International Investment, Jeremy Waters in London, I am confident that Neil will ensure that we continue to be the first
choice for HMWIs and investors across the Asia Pacific
region,” added Mr Ellis.
James Parry, Managing Director of Capital Markets Australia at Knight Frank said: “Asia Pacific is a major part of
Knight Frank’s global strategy, particularly with the weight
of money actively trying to invest into Australia.”
“Having Neil join the team is yet another demonstration of
our commitment to Capital Markets both in Australia and
globally, and complements the local investments we’ve
made into the business over the last few years,” continued Mr Parry.
Brookes started his career as a graduate with Knight Frank
in London in 2001 where he focused on commercial and
retail investment transactions in the UK and Europe.
Brookes moved to Australia in 2005 where he was involved
in the sale of several high profile transactions during his
time with the major players in the Australian Investment
Häfele India Launches State of the Art ‘Design Centre' in Mumbai
Mumbai, Maharashtra, India
Bhandup is the new Design Capital of Mumbai
Häfele, the world leader in architectural hardware, furniture
fittings and kitchen fittings launches its State of the Art –
Design Center in Mumbai. The Design Center is an experience center where one can come, See, Touch, feel & Experience Häfele's products and fittings in a live environment.
The Häfele's Mumbai Design Center, a complete interior
solutions store houses an array of products and fittings
from world renowned super-premium brands in Appliances
such as Asko, Bertazzoni , Falmec & Liebherr to name a
few a complete new range of bathroom solutions from
Webert, Edelbad&Boing in Sanitary, kitchen fittings solutions from Vauth Sagel and Kitchen Partner Blum.
The New Design Centre offers the world's finest designs
and innovative interior fitting solutions making it a favorite
destination for architects and contractors. The Design Centre enables customers to see, touch and feel the fittings in
applications before purchasing them. It will also help to
give a complete overview and enable customers to make
an informed decision to best suit one's individual requirements. Customers can also seek guidance from the highly
trained in house designers on the design solutions that
Speaking on the Launch of the new Design Centre Mr.
Jürgen Wolf, Managing Director, Häfele India Pvt. Ltd says,
"Functionality is how we think; functionality is what we
make and functionality is what we sell. With the opening
of this Häfele Design Center in Mumbai, we are committed
to identify and understand the specific needs of our customers across segments and provide them with desired
benefits and now bring a World class Experience to our
customers in a real life environment. All Häfele products
stand for quality and design keeping their functionality at
the top of the mind."
FW GROUP OF PUBLICATIONS-INDIA EDITOR-IN-CHIEF : SRINIVAS B.L. PUBLISHER : SRINIVAS .OWNED, PUBLISHED AND PRINTED BY SRINIVAS, BL.FWG-INDIA PH : CELL :+91 09663982684 PRINTED AT K.M.S. PRINTERS, BANGALORE - 560 003. UNSOLICITED MATERIAL
MAY NOT BE RETURNED. THE OPINIONS OF WRITERS ARE THEIRS, NOT OURS. WE ARE NOT RESPONSIBLE FOR INCORRECT LISTINGS AND INFORMATION. WE DO ALL WE CAN TO ENSURE CORRECTNESS, BUT READERS ARE ADVISED TO RECHECK WITH
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