News For Use: FICCI, KOPA Mall, WiseX

Industry body FICCI has invited applications for the second edition of Awards for Excellence in Plant Maintenance Systems. The sectors covered under the Awards are Manufacturing (including oil & gas), Construction, Mining and Power. The awards would be presented to units/sites for recognition of their commitment towards maintenance at workplace. The purpose of the awards will to be to recognise the robust system of plant maintenance in the industry which makes them globally competitive. The applications should reach FICCI office latest by close of business hour of 29th February 2024. For further clarification, you may like to advise your office to speak to Mr. Suresh Subramanian/ Ms. Ankita Sharma/ Ms. Anchal Panwar (E-mail Id suresh.subramanian@ficci.com/ ankita.sharma@ficci.com/ manufacturing@ficci.com; Tel.: 9650749868/ 7428725386/ 9582857820)
KOPA mall in Pune’s Koregaon Park, is hosting ‘The Great Indian Science Fest’ from February 16 to February 18, 2024. After its immense success in Mumbai, Bengaluru, and Delhi, Punekar parents now have a remarkable opportunity to introduce their children to the world of science and learning through a series of captivating edutainment programs and engage in hands-on science experiments. The event is a walk-in affair, completely free for all to attend. The Science Fest will encompass immersive workshops led by experts, fun tech experiments, science projects, challenging puzzles, interactive challenges, games, and enticing prizes for enthusiastic learners across five specially curated zones. Additionally, there will be themed Photo booth’s allowing families to capture moments complete with fun props and backdrops.
WiseX has launched its latest investment opportunity ‘Sky One’ in Pune and plans to raise 80+ Crore. This marks the re-entry of WiseX in Commercial Real Estate fractional ownership investments post SEBI’s announcement of the proposed Micro, Small, and Medium Real Estate Investment Trusts (MSM REITs) structure. Sky One Corporate Park is a marquee asset located in a prime locality within 1 Km of Pune International Airport and 5 kms radius of key 5 star properties such as Ritz Carlton, Hyatt & The Westin. The asset houses several Blue-chip tenants such as Vertiv, Kantar, Piaggio Vehicles, Sincro and the investment deal covers the 58,661 sq. ft. leasable area on the 9th floor which is leased to Vertiv. With a minimum investment starting at INR 25 lacs, this institutional asset will offer an entry yield of 9.6% and an average rental yield of 9.5% per annum. With the expected capital appreciation of the micro-market and other strong factors contributing to the growth, WiseX is anticipating a target IRR of 15.1% over a 5-year investment period.