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Investment Sentiment in Greater Bay Area Residential and CRE Markets Remains Cautious

Development Projects, Industrial Parks and REITs Gain Traction

  • Primary market residential sales in the Greater Bay Area (GBA) strengthened in 1H 2023 compared to the same period last year, with the improvement mainly seen in Q1, while the secondary market experienced downward pressure
  • Total investment volume in the GBA commercial real estate (CRE) market reached RMB28.2 billion in 1H 2023, accounting for 31.5% of total mainland China CRE investment volume in the period
  • Local capital and self-use buyers are the key drivers in the GBA investment market, with industrial/business parks and China Real Estate Investment Trusts (C-REITs) gaining traction.

HONG KONG SAR – Media OutReach – 20 July 2023 – Global real estate services firm Cushman & Wakefield today published its Greater Bay Area Residential and Investment Market 1H 2023 Review and Outlook. The pace of economic recovery in 1H 2023 fell short of expectations, and investors in China generally adopted a cautious view. GBA primary market residential sales strengthened compared to last year, despite the overall residential market exhibiting an uncertain upwards trajectory in the period following China’s border reopening. Given the high global interest rate environment, the CRE investment market (large-sized deals at >RMB 100 million) also slowed, with total investment volume dropping significantly compared to last year. Looking ahead to 2H 2023, there are possibilities for some city and local governments to relax residential-related control measures, and such actions will help stabilize the GBA housing market. As for the investment market, it is expected that real estate funds and institutional investors will focus more on investment opportunities related to C-REITs.

GBA Residential Market

The GBA primary residential market recorded approximately 222,000 transactions in the first half of 2023. The sales figure was an improvement of 16.1% y-o-y and 4.7% q-o-q (Chart 1), with the increment mainly seen in Q1, although this performance is in the context of the relatively low base in 2022 under the pandemic restrictions, coupled with a spike in new residential launches in 1H 2023.

Alva To, Cushman & Wakefield’s Vice President, Greater China & Head of Consulting, Greater China said, “At the start of the border reopening period in Q1 2023, residential transactions in the GBA recovered, and the traditional peak season during March and April was also more active compared to last year. However, the boost from the border reopening could not be sustained, and the previous pent-up demand has yet to support the market sufficiently to rebound further. Since April, residential transactions have again slowed, with transaction numbers in June falling by more than 40% compared to March’s peak, exhibiting a lack of upward momentum. The 2H 2023 transaction volume will hinge upon overall economic development. Various GBA cities have recently been relaxing their housing market policies, including easing measures on “reference prices” and “purchasing restrictions”. Consequently, we believe that the GBA market will stabilize somewhat in 2H 2023, with monthly residential transactions expected to reach around 35,000 to 40,000 units, bringing the 2023 full-year total transaction volume to around 430,000 to 460,000 units, a rise of 7 to 15% compared to last year.”

As for residential price levels, some GBA cities did record increases in primary home prices in the 1H period, although these rises were mainly skewed by a few high-end new projects. In the secondary market, home price movements better reflect the current underlying trends. In Shenzhen, for example, Cushman & Wakefield’s price index for mid-to-high-end secondary housing for Q2 2023 has fallen by 8.9% from its prior peak in Q2 2021 (Chart 2), reflecting the downward pricing pressure seen in the secondary market. Nevertheless, price adjustments can be favorable for end-users choosing to enter the market. Under the government’s direction that “houses are for living in, not for speculation,” any further policy changes for the residential market will likely be conservative, we expect home prices to further decline by another 5% in 2H 2023.

GBA CRE Investment Market

The slow global economic recovery, coupled with high interest rates and consequent elevated borrowing costs, has prompted investors to remain cautious, with the investment market primarily supported by local capital. The GBA 1H 2023 CRE investment market (large-sized deals at >RMB 100 million) slowed, with total investment reaching RMB 28.2 billion, down 10.5% y-o-y. However, GBA transactions still accounted for 31.5% of the overall mainland China investment market — setting a new record high and representing a significant jump from 18.0% in 2018 when the GBA initiative was first introduced (Chart 3). Within the GBA’s mainland cities, the Guangzhou and Shenzhen investment markets were the most active, with Guangzhou recording total transaction volume of RMB13.2 billion, exceeding its 2019 full-year transaction level and setting the highest 1H period performance of the last five years.

GBA CRE Investment by Transaction Value and Asset Type

The 1H 2023 period recorded a total of 32 CRE transactions. Eleven transactions were at more than RMB1 billion, accounting for 34% of the total transaction number, a slight drop compared to last year’s 39%. The balance of 21 transactions were at less than RMB1 billion. (Chart 4). Over the last six months, the average transaction value per deal has showed signs of falling, as owners adopt more pragmatic views and become more willing to sell at a discount amid the current economic uncertainties.

In terms of property type, traditional office and R&D-focused office assets continue to dominate the CRE investment market, accounting for over half of the total investment volume in 1H 2023 (Chart 5).

Charli Chan, Cushman & Wakefield’s Executive Director, Capital Markets, China commented, “This has been an opportune time for end-users and investors to enter the market amid the current attractive pricing, while developers have allowed more room for negotiation to close deals and boost their cash flow.”

Charli Chan added, “The China government continues to actively promote the development of C-REITs, providing alternative ways for investors to source capital, which is increasingly attractive for foreign investors and institutional funds. With policy support, the C-REITs market is developing rapidly, and interest is growing in high-end manufacturing business parks and industrial parks, while rental housing apartments, and warehouse and logistic properties are also attracting investors’ attention. In the industrial park sector, tenants are chiefly from emerging industries such as electric vehicles, biopharmaceuticals and renewable energy, attracting investors for their growth potential.

“Rising demand for rental housing, and the accompanying government policy support, have propelled this sector to take a 24% share of total investment volume in 1H 2023. The recent expansion of the C-REITs pilot scheme to include consumer infrastructure is also expected to help drive more transactions of neighbourhood malls, shopping centres, department stores and other related retail properties. Looking ahead to 2H 2023, more properties are expected to come onto the market for sale, with developers and owners setting more flexible prices that meet market expectations, and in turn, shortening the negotiation process between buyers and sellers.”

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Caption: Alva To, Cushman & Wakefield’s Vice President (Left) & Head of Consulting, Greater China (Left) and Charli Chan, Cushman & Wakefield’s Executive Director (Right)

Hashtag: #CushmanandWakefield

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About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2022, the firm reported global revenue of US$10.1 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn ().

All About The Craft: Brewlander Presents Singapore’s Largest Craft Beer Festival

The Brewnanza Fest by Brewlander kicks off its first ever edition from 3 to 6 August featuring over 100 unique brews from local and international breweries, a festival supported by the Singapore Tourism Board.

SINGAPORE – Media OutReach – 20 July 2023 – Leading local craft brewery, Brewlander, is thrilled to present Brewnanza Fest by Brewlander, Singapore’s largest craft beer festival celebrating over 20 of the most innovative local and international craft breweries from America, Asia, Australia, Europe, and the United Kingdom.

Brewnanza_cover (1).jpg

Happening from 3 to 6 August 2023 at the Bayfront Event Space, festival goers can look forward to a curated selection of over 100 unique beers, and try never-before-seen brews by overseas breweries otherwise not accessible in Singapore, as well as new beers crafted specially for the festival.

Targeted at all local and overseas craft beer aficionados, young adults, and millennials who are looking to explore craft beers or anyone down to have a good time over music, food, and drinks, Brewnanza Fest by Brewlander kicks off its inaugural edition in 2023, with yearly instalments to come.

Proudly supported by Singapore Tourism Board, the goal is to be the gathering hub for craft beer lovers in the region as well as to grow and engage the community for all to have a smashing good time.

Introducing a range of craft brews, bites and entertainment

Unveiling a glimpse into the extraordinary lineup at the Brewnanza Fest, we proudly showcase nine unparalleled and unique brews – including a selection of six limited-edition creations – lovingly crafted by Brewlander, Heroes Beer Co, Vault City Brewing Co., Rocky Ridge Brewing Co and more.

Beyond craft brews, expect delicious bites by renowned restaurants including The Kongsee, a Mod-Sin izakaya concept helmed by renowned Chef-Partner Willin Low; Shake Shack, whose world-famous burgers need no introduction; and Mexican-inspired comfort food by JAGUARITA’S. The festival will also feature live music performances by critically acclaimed local bands and music collectives, such as Forest, in addition to masterclasses and special experiences.

“I’m humbled about how Brewlander started as Singapore’s first gypsy brewer, and am proud to have grown to operate the largest craft brewing facility in South East Asia. Six years on, our goal remains the same – which is to expand people’s mindsets and appreciation of Singapore beer and champion local craft brewing,” says John Wei, Founder, Brewer and Yeast Whisperer at Brewlander.

Ticketing Details: Day passes and all access passes are priced between $35 to $99, and are now available for sale at https://www.hapz.com/festivals/brewnanza-fest-2023-tickets.

  • 3rd August Preview Pass: $30 comes with 1 free beer
  • 4th August / 5th August Day Pass: $40 comes with 1 free beer
  • 6th August Sunday Pass: $35 comes with 1 free beer
  • All Access Pass: $88 comes with 4 free beers and entry to all 4 days, limited to a maximum of 2 free beer redemptions per day

Ticket holders will also gain exclusive access to week-long partner bar activations, culminating at the weekend festival.

Hashtag: #Brewlander


The issuer is solely responsible for the content of this announcement.

PolyU and Hong Chi Association present “Fashion for Diversity 2023”

Showcasing the power of an inclusive community

HONG KONG SAR – Media OutReach – 20 July 2023 – 76 students of The Hong Kong Polytechnic University (PolyU) and 20 students of the Hong Chi Association showcased 20 sets of their creative work at the “Fashion for Diversity 2023” on 24 June 2023. Their works encapsulated their creative ideas and distinct personalities to show that fashion is more than just styles and trends, it can also help to build a more inclusive community.

“Fashion For Diversity 2023” was a collaborative effort by the School of Fashion and Textiles (SFT) and the Service Learning and Leadership Office of PolyU, as well as the Hong Chi Association. The project aimed to promote community care through fashion styling and design. It provided an immersive learning experience for PolyU students, stimulating their creativity and talent while nurturing them into becoming active members of the community. “Fashion For Diversity 2023” helped to spread the message of inclusivity and compassion within society. The Hong Chi Association students enjoyed the experience of designing and establishing their own unique styles and were fully engaged in realising their dreams, which gave them an immense sense of satisfaction and accomplishment.

Officiating Guests included Ms Zuie LIN, General Secretary of Hong Chi Association, Dr Grace NGAI, Head of the Service-Learning and Leadership Office, PolyU, Dr Joe AU, Associate Dean of SFT, PolyU, Ms Terry WU, Manager of Hong Chi District Support Centre (Kwun Tong West of Hong Chi Association, Ms Pui Fong YAM, Services Supervisor of Hong Chi Association, Ms Sara CHEUNG, Services Supervisor of Hong Chi Association, Ms Jessica LEE, Manager of Hong Chi District Support Centre-N.T (North District), Hong Chi Association and Dr Jin LAM, the project coordinator of “Fashion For Diversity 2023”.

Dr LAM said, “This is the eighth year of the Service-Learning Programme’s collaborative fashion show project at the PolyU and this year is particularly significant as Hong Kong is facing a major challenge in terms of mental health issues. Unlike previous programmes, this year’s event brought together people with different special needs through an outreach format, promoting engagement and interaction in an inclusive arts community.

“Work designed by students from the PolyU and the Hong Chi Association were featured in the fashion show to demonstrate the unique and diverse fashion art ecology. This will help to raise public awareness and understanding of individuals with special needs, enabling them to better integrate into society and receive more opportunities and support.”

During the event, 20 students from the Hong Chi Association showcased their fashion designs created in collaboration with students from the PolyU. Wearing vibrant makeup, they were transformed into professional models and confidently unveiled their fashion sense on the stage, sharing their design achievements with the audience.

Two participants in the programme, Tung and King, also displayed their creative fashion potential at the event. Tung has autism and tends to be more passive and introverted. She rarely interacts with people and mainly expresses her thoughts and feelings through drawing. However, through the programme, Tung went above and beyond to engage in the creative process and interacted actively with the PolyU students, both online and offline. She shared her design concepts and ideas assuredly, while also showcasing her impressive talent for creating works with an unexpected palace style. Tung and her teammates from the PolyU collaborated on designing masks, which turned out to be a significant breakthrough for her social anxiety. From initially being too afraid to look at people, she gained the confidence to step onto the stage and face the audience, demonstrating an inspiring and impressive improvement.

King has a mild intellectual disability, and just like others involved in “Fashion for Diversity 2023” the event changed her passive and shy personality, allowing her to become the protagonist of her own life.

King tended to lack strong opinions and lived more as a follower, but in this case, she fully immersed herself in the event and showed great enthusiasm for fashion design. Not only did she bravely express her ideas to the PolyU team members, but she also learned techniques such as printing patterns and patchwork. Staging her fashion was challenging, but with the encouragement of the PolyU student team members and with dedicated and constant practice, King stepped out of her comfort zone. In the end, she showcased a creative denim outfit, which surprised and inspired the audience.

Hashtag: #PolyU

The issuer is solely responsible for the content of this announcement.

Empowering esports excellence: AGON by AOC expands sponsorship of fast-growing FURIA Esports team to global level

SINGAPORE – Media OutReach – 20 July 2023 – AGON by AOC – one of the world’s leading gaming monitor[1] and IT accessories brands – is excited to announce the expansion of its sponsorship of FURIA Esports. This collaboration, which began locally in São Paulo at the organization’s inception, is set to go global, reflecting FURIA’s dynamic growth and increasing popularity.

Leveling up together: AGON by AOC joins FURIA Esports on global adventure

Leveling up together: AGON by AOC joins FURIA Esports on global adventure

Delving into FURIA’s World
Founded in 2017, FURIA has quickly become a global sensation in the esports arena. By reaching the semifinals of the IEM Rio Major 2022, the team surpassed all expectations. This is the organization’s best result in a major so far. Competing in Counter-Strike: Global Offensive, Rocket League, League of Legends, Valorant, PUBG: Battlegrounds, Apex Legends and Super Smash Bros and racing, FURIA received the “Prêmio eSports Brasil” – the biggest eSports award in Latin America – as the best esports organisation in 2020 and 2021. With an impressive lineup of over 10 rosters, including an all-female CS:GO roster, featuring more than 80 professional athletes and supported by over 215 dedicated employees, the organization continues to break new ground.

To date, FURIA has five facilities with gaming offices in São Paulo, Brazil, Los Angeles, CA, and Boca Raton, FL, a training center in Mellieha, Malta for FURIA teams competing in Europe, as well as an experience store in Wynwood, FL. Academy teams and cutting-edge training are helping to discover new talent and nurture the esports stars of tomorrow. The organization’s approach to talent development has led to unprecedented audience records, attracting 8.2 million viewers from around the world in 2022. With a strong digital following especially of young and dynamic individuals, primarily in the 25-34 age bracket, FURIA has proven itself to be a trendsetter in esports fan interaction. For instance, during Rio Major 2022 and IEM Rio 2023, FURIA organized their “Casa FURIA” event, with an attendance of 1000 people, celebrating the richness of the Brazilian culture, featuring broadcasts of FURIA and various music acts each day.

Elevating the Gaming Landscape
The expanded sponsorship agreement means that AGON by AOC will now equip all teams and players at FURIA’s esports events with its competitive gaming monitors from the AGON and AGON PRO series along with state-of-the-art AOC Gaming peripherals. These superior devices promise lightning-fast response times, high refresh rates and unmatched ergonomics, setting the stage for exceptional gaming experiences and giving FURIA’s players an unrivalled competitive edge. In turn, their insights will help AGON by AOC ‘s engineering teams evolve their already world-class equipment even further.

Furthermore, AGON by AOC’s branding will be prominently displayed globally at FURIA’s events and platforms, and will also be proudly worn on the jerseys of FURIA’s esports teams.

Mayra Fukasawa de Almeida, AOC Global Marketing Manager , explains the motivation behind this sponsorship: “Our initial local sponsorship was a testament to our belief in FURIA’s potential to thrive in the esports landscape. We’re thrilled to be able to support their journey on a global scale and believe that our cutting-edge gaming technology will play a vital role in their continued success“.

Jaime Pádua, FURIA’s Co-Founder and CEO, also adds: “AGON by AOC’s unwavering support has been instrumental in our journey. Their pioneering technology has empowered our teams to perform at their best. This expanded global sponsorship paves the way for an even brighter future for our players and fans alike“.


[1] IDC Quarterly Gaming Tracker – Gaming Monitor 2023 Q1

Hashtag: #AGONbyAOC

The issuer is solely responsible for the content of this announcement.

About AOC

Founded in 1967, AOC is a globally leading monitor and IT accessories brand and a subsidiary of TPV Technology Limited, the world’s largest LCD manufacturer. AOC’s comprehensive product portfolio provides innovative, ergonomic, environmentally conscious and stylish solutions for professional as well as personal applications.

The sub-brand of AOC, AGON by AOC, offers one of the strongest portfolios of high-performance gaming monitors in the world and a complete ecosystem of gaming accessories grouped in three categories: AOC GAMING for core gamers, AGON for competitive gamers and AGON PRO for esports enthusiasts and professional esports players. Since 2020 AGON by AOC has been one of the leading gaming monitor brands and a top choice of gamers worldwide.

For more information please refer to AGON by AOC’s official or follow AGON by AOC on .

About FURIA

FURIA is one of the leading esports organizations in the world. Founded in 2017 by André Akkari, Jaime Pádua, and Cris Guedes, FURIA competes in the top titles and leagues of esports worldwide but aims for more than just competitive success: it seeks to become a sociocultural movement that positively impacts the contexts in which it is involved. Currently, it has structures in Brazil, Malta, and the United States that support its pillars of performance, lifestyle, content, business, technology, and social impact.

For more information please refer to FURIA’s official or follow FURIA on , , , or .

ScanKomfort Unveils Promotion of the Year: Discounted Mattresses with Bonus Gifts Included

SINGAPORE – Media OutReach – 20 July 2023 – ScanKomfort provides a sleep revolution as the renowned mattress brand in Singapore. It unveils an opportunity to transform any bedroom into a haven of relaxation. With discounted mattresses and bonus gifts, the journey to blissful slumber is just a few steps away.

ScanKomfort Unveils Limited Time Offer Until 27 August 2023

From 13 July to 27 August 2023, ScanKomfort is offering 35% off regular-priced German mattresses with an additional 5% off when customers make a purchase in their showrooms.

With every purchase of a mattress, customers will also receive a complimentary mattress protector, pillow, and an opulent German quilt. These bonus additions are designed to enhance comfort and provide a truly indulgent sleep experience.

This promotion is available at all Scanteak showrooms and anybody looking to upgrade their sleep routine should not miss out on this opportunity.

The Unique Features of ScanKomfort’s Mattresses

From carefully selected materials to the intricate coils used in ScanKomfort’s orthopedic mattresses, cooling mattresses, and beyond, each component is manufactured to exceed expectations.

One of the key highlights is the individually-packed pocketed springs in the mattresses. These springs are coiled up to twice the industry average, resulting in greater resilience and durability to provide enhanced support even with extended use. Moreover, the individually-packed design allows the springs to move independently, reducing motion transfer and ensuring a more peaceful sleep experience.

In addition to comfort, the mattress brand also prioritises hygiene and well-being. Understanding that we perspire during sleep, ScanKomfort has incorporated removable and machine-washable covers into their German mattresses. This feature makes it incredibly convenient to maintain a clean and sanitised sleeping environment.

ScanKomfort’s Dedication to Ensuring Quality and Affordability

ScanKomfort also believes that everyone deserves to experience the comfort their German mattresses provide without having to compromise on their budget. That is why they have implemented a strategy to keep prices affordable.

While the materials used are exclusively sourced from Germany, their dedicated research and development team searches for quality materials that are a balance of comfort, durability, and cost-effectiveness. The brand continuously strives to provide the best value by exploring innovative options and staying at the forefront of industry trends.

Furthermore, their commitment to affordability is strengthened by a bulk procurement approach. By purchasing materials and mattresses in large quantities, they negotiate favourable pricing terms and secure significant cost savings, passing these savings directly on to their valued customers. This ensures that customers enjoy the luxury and craftsmanship of German mattresses without breaking the bank.

Unmatched Comfort and Value

ScanKomfort delivers exceptional quality at an affordable price point and takes great pride in its ability to strike the perfect balance between cost and quality, ensuring that every sleep experience is truly remarkable.

Customers are encouraged to head down to any Scanteak showroom to experience the benefits for themselves or browse the ScanKomfort collection online beforehand.

Hashtag: #ScanKomfort

The issuer is solely responsible for the content of this announcement.

ScanKomfort by ScanTeak

ScanKomfort is a leading mattress brand in Singapore, dedicated to delivering both comfort and quality through its premium German mattresses. With a customer-centric approach and innovative designs, ScanKomfort aims to redefine affordable luxury in the mattress industry.

All-New Arlo Pro 5 2K Security Camera Now Available in Singapore

SINGAPORE – Media OutReach – 20 July 2023 – Arlo Technologies has today announced its latest security camera innovation, the all-new Pro 5 2K Security Camera, is now available to purchase in Singapore at an RRP of SGD$329.

The latest addition to the award-winning Pro series, the Arlo Pro 5 2K Security Camera operates off Dual-Band Wi-Fi support, with 2.4Ghz and 5Ghz connections allowing users to enjoy faster video loading, and less buffering, so they can see what is happening faster.

Users will also welcome significant battery life improvements, with the Pro 5 offer up to 30% longer battery life than the Arlo Pro 4 Security Camera.

“The Arlo Pro 5 is one of the most secure and reliable security cameras Arlo has engineered to date. Integrating two wireless technologies into one extremely compact form factor ensures users are better equipped to ‘protect their everything’. Supporting the overall Pro 5 experience, is the intuitive Arlo Secure app that ensures frictionless access to the most comprehensive monitoring tools available,” said Bradley Little, Arlo Vice President of Sales — APAC.

Through an Arlo Secure subscription1, users can take their security to the next level with time-saving automations that can be programmed to trigger events such as geo-fencing, mode changes, schedules, alarms and more.

Powerful advancements in the all-new Arlo Pro 5 2K Security Camera include:

  • Dual-Band Wi-Fi Support: Automatically connect to the strongest network available between 5GHz or 2.4 GHz Wi-Fi for the strongest possible connection.
  • Increased Battery Life: Up to 30% longer battery life than the Pro 4 allowing users to charge their camera less often.
  • 2K Video with HDR: High-performance lenses ensure crystal-clear detail in every picture.
  • 160-Degree Viewing Angle: Keep an eye on what matters most with a wider field of view.
  • Integrated Spotlight: Light up the night and ward off unwelcome guests.
  • Built-In Smart Siren: Trigger the siren remotely or automatically during an event.
  • Colour Night Vision: See videos in colour rather than traditional black and white.
  • 12 bit image sensor: Capture over 60 billion colours – that’s over 100 x better than a human eye.
  • Two-Way Audio: Listen and speak to visitors with crystal clear, full duplex audio that reduces wind and noise.
  • Wire-Free and Weather-Resistance: Easily install indoors or outdoors.
  • Magnetic Connections: Easily add on accessories.
  • Platform Compatibility: Works with Amazon Alexa, Google Assistant, and IFTTT for easy interaction, automation, and control.

For more information on the full range of Arlo smart home security products and services, visit www.arlo.com/asia/

1 Paid Arlo Secure subscription plans only

Hashtag: #Arlo

The issuer is solely responsible for the content of this announcement.

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure, and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, software and services, including wire-free smart Wi-Fi and 4G-enabled security cameras, audio and video doorbells, a floodlight, the Arlo App and, Arlo Secure, an AI-based subscription service designed to maximise security through personalised notifications and emergency services for quicker help during a crisis.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo does not monetise personal data. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

SK-II Invites You To ‘SK-II SECRET KEY HOUSE’ To Celebrate World PITERA™ Month

Discover SK-II’s best-kept secrets and embark on a transformational journey towards Crystal Clear Skin* with SK-II’s biggest, never-seen-before exhibition of PITERA™

TOKYO, JAPAN – Media OutReach – 20 July 2023 – This World PITERA™ Month, global prestige skincare brand SK-II hands you the keys to a never-seen-before exhibition “SK-II SECRET KEY HOUSE” to unlock its best-kept secrets behind PITERA™, the Secret Key to Crystal Clear Skin*.

For decades, SK-II iconic and exclusive skincare ingredient PITERA™ has transformed the skin of millions of women, including some of the world’s most renowned ones. It has empowered women to choose their skin destinies. Yet, after many years, PITERA™ remains elusive to many. Until now.

Following last year’s global-scale, one-day celebration of PITERA™ at ‘World PITERA™ Day’ in Tokyo, Japan, SK-II is taking things to a whole new level by launching “SK-II SECRET KEY HOUSE” exhibition as part of its World PITERA™ Month, a month-long transformational journey powered by PITERA™, The Secret Key to Crystal Clear Skin*.

Located in STANDBY, BA-TSU ART GALLERY in Tokyo, the ‘SK-II SECRET KEY HOUSE’ will hold ten of SK-II’s best-kept secrets which visitors can unlock by immersing themselves into multi-sensorial impactful artistic installations of PITERA™.

The SK-II SECRET KEY HOUSE will be joined by some of the world’s biggest names in beauty, featuring exclusive appearances from SK-II’s global celebrity ambassadors including Japanese actress Haruka Ayase, award-winning Chinese actress Tang Wei, MINA of global girl group TWICE and Chinese actress Qiu Tian.

“I am looking forward to unlocking new secrets about SK-II and PITERA™ at SK-II SECRET KEY HOUSE that even after more than 10 years with the brand I don’t know about,” said Haruka Ayase, “I’m always excited to discover more about PITERA™ and how it can transform skin to Crystal Clear.”

“I’m particularly eager about joining the SK-II SECRET KEY HOUSE because it marks the first time that I’ll be meeting and interacting with PITERA™ fans in-person as SK-II’s ambassador,” said MINA. “I can’t wait to share the story of my transformational skin journey – I might even include more secrets of my own!”

“PITERA™ has remained unchanged for over 40 years. Yet, its miracles on skin continue to unfold and its secrets are endless. For the first time in SK-II’s history, we will be handing our consumers the keys to unlock the biggest, most closely guarded secrets behind SK-II and our iconic PITERA™,” shared Sue Kyung Lee, CEO, Global SK-II. “We hope to continue inspiring women to choose their skin destiny by embarking on their own journey to unlock Crystal Clear Skin transformation with PITERA™, The Secret Key.”

The SK-II SECRET KEY HOUSE will be open to the public for 2 days only on July 29th and July 30th 2023 with limited access.

SK-II SECRET KEY HOUSE:
Saturday July 29th and Sunday July 30th
11:00am to 10:00pm
5-chōme-11-5 Jingūmae, Shibuya City, Tokyo 150-0001, Japan

*With regular use
Hashtag: #SKII

The issuer is solely responsible for the content of this announcement.

SK-II

For more than 40 years, SK-II has touched the lives of millions of women around the world through skin and life transformation. The fascinating story behind SK-II began with a quest to understand why elderly sake brewers had wrinkled faces, but extraordinarily soft and youthful-looking hands. These hands were in constant contact with the sake fermentation process. It took years of research for scientists to isolate SK-II’s iconic ingredient PITERA™, a naturally-derived skincare ingredient crafted from a proprietary yeast fermentation process exclusive to SK-II. Since then, SK-II with PITERA™ has become a special secret shared by celebrities all over the world such as Haruka Ayase, Tangwei, and MINA of global girl group TWICE. For the latest news and in-depth information, please visit .

About PITERA™
Iconic and exclusive to SK-II, PITERA™ is a naturally derived “miracle” skincare ingredient crafted from a proprietary yeast fermentation process that only SK-II owns. Packed with over 50 micro-nutrients – vitamins, amino acids, minerals and organic acids – the unique composition of PITERA™ harnesses the vital force of nature and is one that can’t be achieved artificially or synthetically. PITERA™ resembles skin’s Natural Moisturizing Factors. Skin recognizes and welcomes it, allowing it to be absorbed quickly and deeply into your skin delivering all goodness.

Society of Actuaries Research Institute Launches International Longevity Illustrator for Singapore, Hong Kong and Canada

  • The Society of Actuaries (SOA) Research Institute announced the International Longevity Illustrator, a free tool to help individuals and couples in Singapore, Hong Kong and Canada so they can better navigate the rising healthcare costs and overall costs of living and plan for a more secure retirement.

SINGAPORE – Media OutReach – 20 July 2023 – The Society of Actuaries (SOA) Research Institute announced the International Longevity Illustrator, a free tool to help individuals and couples in Singapore, Hong Kong and Canada estimate how long they may live so they can plan a more secure retirement.

To use the International Longevity Illustrator, an individual or a couple enters basic information about themselves, such as their age, sex and general health status, and the tool generates easy-to-read charts showing the likelihood of living to certain ages. For example, a couple can determine the chance of living a given number of years together as well as the likelihood that one or the other will survive additional years.

“A variety of possibilities should be considered when preparing for retirement, including longevity,” said Lisa Schilling, FSA, EA, FCA, MAAA, senior retirement research actuary, SOA Research Institute. “Singaporeans have one of the highest life expectancies in the world, and as they live longer, it is more important than ever that they are sufficiently protected against health risks associated with ageing, and the overall rising costs of living. SOA’s Longevity Illustrator, a web-based tool, is designed to provide information to help individuals and couples plan a secure retirement more effectively with just a few simple steps.”

Since longevity varies across countries, projections are based on mortality and longevity data that is specific to the country where the individual user lives. The International Longevity Illustrator does not provide financial advice; however, the results can be useful for individuals or couples to understand their financial needs in retirement. Access the tool at ili.soa.org.

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About Society of Actuaries (SOA)

With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 32,000 actuaries as members. Through research and education, the SOA’s mission is to advance actuarial knowledge and enhance actuaries’ ability to provide expert advice and relevant solutions for financial, business and societal challenges. The SOA’s vision is for actuaries to be the leading professionals in measuring and managing risk. To learn more, visit .