Latest news with #LEEDGold
Bangkok Post
2 days ago
- Business
- Bangkok Post
Siam Patumwan House Hosts Sustainability Event for Tenants
Bangkok, June 26, 2025 – Siam Patumwan House, a future-forward smart green office building under Siam Motors Group, hosted SPH SEE Day 2025 (Safety, Environment, and Energy Day) under the theme 'SEE THE CHANGE, BE SUSTAINABLE.' Held in celebration of International Environment Month, the event brought together tenant s and corporate partners to inspire collaboration for a more livable planet. Hosted at Siam Patumwan Hall, 11th floor, Club Siam by Glowfish, the event featured a panel discussion with two environmental advocates: Kong Chanat Wuttivikaiyarn, owner of the Konggreengreen page, and Asst. Prof. Kiattisak Raksasat, a safety and energy specialist. Participants also engaged with exhibition booths, gaining valuable knowledge and participating in interactive eco-themed activities with the chance to win prizes. This initiative reflects Siam Patumwan House's commitment to its LEED Gold and Fitwel certifications prioritising safety, environmental stewardship, and sustainable energy management. A Smart Building Empowering Sustainable Living Siam Patumwan House, developed with Siam Motors Group's expertise, is a model for smart, sustainable office spaces using IoT technology to manage safety, environmental conditions, and energy efficiency. The event highlighted the building's vision to go 'Beyond Buildings' creating a platform for collective readiness and adaptation to climate challenges in line with the UN Sustainable Development Goals (SDGs). 'At Siam Patumwan House, we strive to reduce energy consumption, greenhouse gas emissions, and waste, with the goal of achieving Zero Waste to Landfill. Yet, global sustainability is not possible without cooperation across sectors especially from the new generation. Everyone's behaviour is central to driving change. SPH SEE Day 2025 is our way of sparking that inspiration,' said Mr. Prakasit Phornprapha, President of Siam Motors Co., Ltd. Green Talk and Innovation for a Better Tomorrow Highlights of the event included: Green Talk Panel Discussion Asst. Prof. Kiattisak Raksasat, Southeast Asia University, on 'Creating Energy-Saving Awareness: Simple Steps Within Reach.' He encouraged collective responsibility and accessible behavioural changes. Kong – Chanat Wuttivikaiyarn shared insights on 'Building an Environmental Awareness Society Through Online Media,' highlighting how digital content can promote eco-friendly living. Exhibition & Creative Activity Zone Participants explored eco-innovations, sustainability tips, and creative green initiatives. Key exhibitors included: THINK EARTH Project (waste management awareness) Daikin (energy-efficient air conditioning) Highgate International School Thailand (eco-focused learning) Recycle Day (AI-driven green business) 3M (future-ready sustainability solutions) Modernform (sustainable design innovation) The event underlined Siam Patumwan House's mission to champion holistic sustainability through innovation, collaboration, and education reinforcing its role as a certified green leader in Bangkok's commercial real estate sector.
Business Wire
2 days ago
- Business
- Business Wire
KBRA Assigns Preliminary Ratings to COMM 2025-167G
NEW YORK--(BUSINESS WIRE)--KBRA announces the assignment of preliminary ratings to eight classes of COMM 2025-167G, a CMBS single-borrower securitization. The collateral for the transaction is a $247.0 million fixed rate, interest-only first lien mortgage loan. The fixed-rate loan has a five-year term and requires monthly interest-only payments based on an assumed interest rate of 6.70%. The loan is secured by the borrower's fee simple interest in 167 North Green Street, a 17-story, Class-A, LEED Gold office tower containing 638,794 sf. The building is located in the Fulton Market neighborhood of downtown Chicago. The property was developed in 2021 by the sponsors and as of June 2025, the property was 91.9% leased to 18 unique tenants. The five largest tenants by base rent consist of CCC Information Services (23.2% of total base rent), MoLo Solutions (16.1%), WeWork (14.4%), Builders Vision (8.3%), and Kroll (Duff & Phelps) (7.8%). Together, these top five tenants account for 69.8% of total base rent and 65.7% of the total sf. KBRA's analysis of the transaction included a detailed evaluation of the property's cash flows using our North American CMBS Property Evaluation Methodology and the application of our North American CMBS Single Borrower & Large Loan Rating Methodology. In addition, KBRA also relied on its Global Structured Finance Counterparty Methodology for assessing counterparty risk in this transaction, its Methodology for Rating Interest-Only Certificates in CMBS Transactions, and its ESG Global Rating Methodology, to the extent deemed applicable. The results of our analysis yielded a KBRA net cash flow (KNCF) for the subject of approximately $21.9 million, which is 13.3% below the issuer's NCF, and a KBRA value of $245.4 million, which is 32.6% below the appraiser's value. The resulting in-trust KBRA Loan to Value (KLTV) is 100.7%. In our analysis of the transaction, we also reviewed and considered third party engineering, environmental, and appraisal reports, the results of our site inspection of the property, and legal documentation review. To access ratings and relevant documents, click here. Click here to view the report. Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1010158
Yahoo
25-06-2025
- Business
- Yahoo
International Flavors Opens Facility in Hyderabad With Focus on Innovation
International Flavors & Fragrances Inc. IFF announced that it relocated its Global Business Services (GBS) center in Hyderabad, India, to a newly constructed facility. This move highlights International Flavors' focus on building an innovative and future-ready work environment. International Flavors designed the Hyderabad facility to provide a space for collaboration and wellness. It is located in Hyderabad's prime financial district and features cutting-edge technologies that support the company's global 75,000 sq. ft. facility can employ up to 600 people. The Hyderabad facility features an innovation studio , wherein teams can experiment with cutting-edge automation, robotics and AI. IFF plans for further upgrades to enhance productivity and company built the facility for sustainability and inclusivity, thus employing eco-friendly features like solar lighting and rainwater harvesting. It aims for LEED Gold certification. International Flavors offers high-speed connectivity, top-notch security and adaptable workspaces tailored to different work dynamic new office in a key market for IFF will play a pivotal role in driving growth in India and globally. By relocating to this new center IFF takes a major leap forward in its strategy to enhance operational efficiency and foster innovation through agile business practices. IFF reported adjusted earnings of $1.20 per share in first-quarter 2025, beating the Zacks Consensus Estimate of $1.12. The bottom line improved 6% from the year-ago Flavors' net sales were $2.84 billion in the March-end quarter, decreasing 1.9% year over year. The top line surpassed the Zacks Consensus Estimate of $2.83 billion. In the January-March quarter, currency-neutral sales grew 3% year over year, driven by growth in the Taste, Pharma Solutions, Health & Biosciences, and Scent segments. In the past year, the company's shares have lost 21.6% compared with the industry's decline of 0.4%. Image Source: Zacks Investment Research The company currently has a Zacks Rank #3 (Hold).Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation CRS, SSR Mining Inc. SSRM and ATI Inc. ATI. Carpenter Technology currently sports a Zacks Rank #1 (Strong Buy), and SSR Mining and ATI carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks Technology has an average trailing four-quarter earnings surprise of 11.1%. The Zacks Consensus Estimate for CRS' 2025 earnings is pegged at $7.20 per share, which indicates year-over-year growth of 51.9%. Carpenter Technology shares have gained 111% last Mining has an average trailing four-quarter earnings surprise of 58.8%. The Zacks Consensus Estimate for SSRM's 2025 earnings is pegged at $1.14 per share, implying year-over-year growth of 307%. SSR Mining's stock has soared 88.6% last has an average trailing four-quarter earnings surprise of 12.54%. The Zacks Consensus Estimate for ATI's 2025 earnings is pegged at $3.01 per share, indicating year-over-year growth of 22.4%. ATI shares have jumped 54% last year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ATI Inc. (ATI) : Free Stock Analysis Report International Flavors & Fragrances Inc. (IFF) : Free Stock Analysis Report Carpenter Technology Corporation (CRS) : Free Stock Analysis Report Silver Standard Resources Inc. (SSRM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
23-06-2025
- Business
- Business Upturn
IFF Opens New State-of-the-art Office in Hyderabad, India
By Business Wire India Published on June 23, 2025, 15:20 IST Hyderabad, India: IFF (NYSE: IFF)–a global leader in flavors, fragrances, food ingredients, health and biosciences—has officially relocated its Global Business Services (GBS) center in Hyderabad to a newly constructed, state-of-the-art facility. This move marks a significant step in IFF's strategy to drive operational excellence and innovation through agile corporate functions. The new 75,000 sq. ft. office located in Hyderabad's prime financial district, is designed to accommodate up to 600 employees. It features cutting-edge infrastructure, collaborative workspaces and advanced technologies that support IFF's global operations. This press release features multimedia. View the full release here: 'This move enables us to serve our customers with greater speed, efficiency and purpose, while advancing strategic growth and sustainability,' said Mike DeVeau, IFF CFO. 'It's a reflection of our commitment to building a future-ready, innovation-driven workplace. The heart of Hyderabad is also rich in tradition and modernity, which is an energy that fuels our mission to make joy through science, creativity and heart.' The Hyderabad center joins a growing network of IFF innovation and business hubs worldwide. It is well positioned to tap into the region's vibrant tech ecosystem and deep talent pool. The facility includes an Innovation Studio for experimentation in automation, robotics and artificial intelligence, with further enhancements planned to boost productivity and collaboration. Sustainability and inclusivity are at the heart of the design. The office incorporates solar lighting, rainwater harvesting and is on track for LEED Gold certification. It also features high-speed connectivity, advanced security systems and ergonomic, flexible workspaces tailored to diverse work styles. 'Our people are our greatest asset,' said Deborah Borg, IFF Chief People & Culture Officer. 'The new center was thoughtfully designed to provide a welcoming space for collaboration, wellness and innovation. This vibrant new office in one of IFF's key markets will be an important enabler to supporting future growth in India and for the company globally.' Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing wellness, delighting the senses and enhancing the human more at LinkedIn, Instagram and Facebook. © 2025 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
Business Wire
23-06-2025
- Business
- Business Wire
IFF Opens New State-of-the-art Office in Hyderabad, India
HYDERABAD, India--(BUSINESS WIRE)-- IFF (NYSE: IFF)--a global leader in flavors, fragrances, food ingredients, health and biosciences—has officially relocated its Global Business Services (GBS) center in Hyderabad to a newly constructed, state-of-the-art facility. This move marks a significant step in IFF's strategy to drive operational excellence and innovation through agile corporate functions. The new 75,000 sq. ft. office located in Hyderabad's prime financial district, is designed to accommodate up to 600 employees. It features cutting-edge infrastructure, collaborative workspaces and advanced technologies that support IFF's global operations. 'This move enables us to serve our customers with greater speed, efficiency and purpose, while advancing strategic growth and sustainability,' said Mike DeVeau, IFF CFO. 'It's a reflection of our commitment to building a future-ready, innovation-driven workplace. The heart of Hyderabad is also rich in tradition and modernity, which is an energy that fuels our mission to make joy through science, creativity and heart.' The Hyderabad center joins a growing network of IFF innovation and business hubs worldwide. It is well positioned to tap into the region's vibrant tech ecosystem and deep talent pool. The facility includes an Innovation Studio for experimentation in automation, robotics and artificial intelligence, with further enhancements planned to boost productivity and collaboration. Sustainability and inclusivity are at the heart of the design. The office incorporates solar lighting, rainwater harvesting and is on track for LEED Gold certification. It also features high-speed connectivity, advanced security systems and ergonomic, flexible workspaces tailored to diverse work styles. 'Our people are our greatest asset,' said Deborah Borg, IFF Chief People & Culture Officer. 'The new center was thoughtfully designed to provide a welcoming space for collaboration, wellness and innovation. This vibrant new office in one of IFF's key markets will be an important enabler to supporting future growth in India and for the company globally.' Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing wellness, delighting the senses and enhancing the human experience. Learn more at LinkedIn, Instagram and Facebook. © 2025 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved.
