LRT

Macau LRT Barra Extension Line Begins Commercial Operations on December 8

Retrieved on: 
Friday, December 8, 2023

The Barra Extension (1 station expansion, 3.2km) project was constructed by laying a dedicated Macau LRT lane within an existing bridge, connecting the Macau Peninsula on the opposite bank to the Taipa Line (11 stations, 9.3 km), which MHI delivered in 2019.

Key Points: 
  • The Barra Extension (1 station expansion, 3.2km) project was constructed by laying a dedicated Macau LRT lane within an existing bridge, connecting the Macau Peninsula on the opposite bank to the Taipa Line (11 stations, 9.3 km), which MHI delivered in 2019.
  • The Macau LRT is a key transportation infrastructure connecting the airport and ferry terminals, which are tourist access points, with resort hotels and residential areas.
  • The other line is for the Hengqin Extension (2 station expansions, 2.2km) running to Hengqin in China from the opposite bank in Macau.
  • (3) For details of MHI Receives Contract for Extensions to the Macau LRT Network Using an AGT System, see the following press release: https://www.mhi.com/news/22041402.html

Masteron Introduces Astra @ Aurora Residence in Puchong, A Luxurious Lakeside Living Experience

Retrieved on: 
Wednesday, November 29, 2023

Located in a mature suburban neighbourhood, Astra @ Aurora Residence skilfully combines the tranquillity of lakeside serenity with urban convenience, offering spacious, high-specification homes that elevate the concept of affordable luxury.

Key Points: 
  • Located in a mature suburban neighbourhood, Astra @ Aurora Residence skilfully combines the tranquillity of lakeside serenity with urban convenience, offering spacious, high-specification homes that elevate the concept of affordable luxury.
  • As a 155-acre integrated township and one of the final master developments in Puchong, Astra @ Aurora Residence emphasises a distinctive lakeside living experience.
  • This stability is advantageous news for homebuyers, signifying an optimal time for real estate investments, particularly in projects like Astra @ Aurora Residence.
  • More than just a serviced apartment, Astra @ Aurora Residence is a carefully planned community within the expansive 155-acre Lake Side City.

AECOM selected as delivery partner for Eglinton Crosstown West Extension in Toronto

Retrieved on: 
Friday, December 22, 2023

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been selected by Metrolinx to serve as its delivery partner for the Eglinton Crosstown West Extension project, a 9.2-kilometer extension of the upcoming Eglinton Crosstown Light Rail Transit (LRT) from the future Mount Dennis Station to Renforth Drive.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been selected by Metrolinx to serve as its delivery partner for the Eglinton Crosstown West Extension project, a 9.2-kilometer extension of the upcoming Eglinton Crosstown Light Rail Transit (LRT) from the future Mount Dennis Station to Renforth Drive.
  • When complete, the project will create a continuous rapid transit line that stretches from Scarborough, through midtown Toronto, and into Mississauga.
  • “We’re honored to partner with Metrolinx to realize this key part of Ontario’s historic transportation vision,” said Richard Barrett, chief executive of AECOM’s Canada region.
  • Plans are also being explored with the Greater Toronto Airports Authority to extend the line to Toronto Pearson International Airport.

CAF Selects Cervello to Secure Israel Landmark Light Rail in Tel Aviv

Retrieved on: 
Thursday, November 30, 2023

TEL AVIV, Israel, Nov. 30, 2023 /PRNewswire/ -- In a joint announcement, Construcciones y Auxiliar de Ferrocarriles (CAF), the global leader in comprehensive mobility solutions, appoints leading rail cybersecurity company, Cervello in collaboration with Bynet Data Communications , to provide infrastructure cybersecurity for Israel's Light Rail Transit (LRT) Purple Line, spanning 27 kilometers across the Tel Aviv metropolitan area.

Key Points: 
  • TEL AVIV, Israel, Nov. 30, 2023 /PRNewswire/ -- In a joint announcement, Construcciones y Auxiliar de Ferrocarriles (CAF), the global leader in comprehensive mobility solutions, appoints leading rail cybersecurity company, Cervello in collaboration with Bynet Data Communications , to provide infrastructure cybersecurity for Israel's Light Rail Transit (LRT) Purple Line, spanning 27 kilometers across the Tel Aviv metropolitan area.
  • Cervello's unique proficiency in rail cybersecurity allows it to deliver in-depth contextual analysis and granular asset management in real time.
  • CAF and Cervello's strategic partnership will transform the rail cybersecurity landscape, merging global, world-leading solutions to fortify the Purple Line's critical rail operations and infrastructure.
  • It is our commitment to work diligently to ensure the safety and integrity of Tel Aviv's LRT infrastructure."

EllisDon and TransED Partners Celebrate the Opening of Valley Line Southeast LRT

Retrieved on: 
Tuesday, November 7, 2023

MISSISSAUGA, ON, Nov. 7, 2023 /CNW/ - EllisDon, in collaboration with its TransED Partners and the City of Edmonton, is pleased to announce the commencement of the Valley Line Southeast LRT's passenger service.

Key Points: 
  • MISSISSAUGA, ON, Nov. 7, 2023 /CNW/ - EllisDon, in collaboration with its TransED Partners and the City of Edmonton, is pleased to announce the commencement of the Valley Line Southeast LRT's passenger service.
  • TransED Partners, through a public-private partnership (P3) with the City of Edmonton, held the responsibility of not only designing and constructing the Valley Line Southeast LRT, but also operating and maintaining this transit system until 2050.
  • "EllisDon Transit Services is excited to be a partner in the operations and maintenance of the Valley Line Southeast LRT," said Jody Becker, Chief Strategy Officer and Executive Vice President, Infrastructure Services and Technology, EllisDon.
  • Valley Line Southeast will offer citizens a safe, reliable and sustainable opportunity to experience Edmonton in a brand new way."

AECOM awarded contract to serve as technical advisor for Hamilton LRT in Ontario, Canada

Retrieved on: 
Wednesday, October 18, 2023

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that it has been appointed by Metrolinx as technical advisor for the Hamilton Light Rail Transit project, a 14-kilometer transit line to be located within Hamilton, Ontario.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that it has been appointed by Metrolinx as technical advisor for the Hamilton Light Rail Transit project, a 14-kilometer transit line to be located within Hamilton, Ontario.
  • The line will be the city’s first light rail transit system and will be designed to accommodate expected future growth and development, improve connectivity and attract economic development in the rapidly growing area.
  • “This project will set Hamilton apart as a leader in public transportation, preparing it for a more livable, low-carbon future.
  • In addition, the project plans to support sustainable growth and city-building through revitalization of critical utilities and general infrastructure along the route.

InterRent REIT Reports 15% Same Property NOI Growth and Accelerated NOI Margin Expansion in Q2 2023

Retrieved on: 
Wednesday, August 2, 2023

As of June 30, 2023, InterRent had proportionate ownership in 12,709 suites, up 1.1% from 12,573 as of June 2022.

Key Points: 
  • As of June 30, 2023, InterRent had proportionate ownership in 12,709 suites, up 1.1% from 12,573 as of June 2022.
  • Including properties that the REIT owns in its joint ventures, InterRent owned or managed 13,860 suites at June 30, 2023.
  • At 95.4%, the June 2023 occupancy rate in InterRent’s same property and total portfolios improved 30 bps over June 2022.
  • NOI margin expansion for the overall portfolio and same property portfolio both accelerated to 300 basis points, reaching 66.3% during the quarter.

Colonnade BridgePort Plans Five-Tower Residential Development at 2000 City Park Drive

Retrieved on: 
Tuesday, July 18, 2023

OTTAWA, July 18, 2023 (GLOBE NEWSWIRE) -- Colonnade BridgePort, a leading full service real estate management, investment, and development company, has filed an Official Plan Amendment and Zoning By-law Amendment with the City of Ottawa to increase density at 2000 City Park Drive.

Key Points: 
  • OTTAWA, July 18, 2023 (GLOBE NEWSWIRE) -- Colonnade BridgePort, a leading full service real estate management, investment, and development company, has filed an Official Plan Amendment and Zoning By-law Amendment with the City of Ottawa to increase density at 2000 City Park Drive.
  • 2000 City Park Drive is situated along the Highway 174 corridor, 10 minutes east of Ottawa’s downtown, and neighbours the Gloucester City Centre shopping complex, commercial offices, and many other amenities.
  • “Projects such as 2000 City Park Drive have an ability to effortlessly combine accessibility, integration, and connectivity in existing urban and amenity-rich communities.
  • These types of projects will ultimately contribute to restoring affordability for future generations.”
    The acquisition of 2000 City Park Drive, along with adjacent 1900 City Park Drive – a five-storey 93,381 sq.ft.

MHI Receives Follow-up Order for 8 Two-Car Trains for Sengkang-Punggol LRT (SPLRT)

Retrieved on: 
Tuesday, May 9, 2023

The additional order, which was received jointly with MHI's regional subsidiary Mitsubishi Heavy Industries Asia Pacific Pte.

Key Points: 
  • The additional order, which was received jointly with MHI's regional subsidiary Mitsubishi Heavy Industries Asia Pacific Pte.
  • Ltd. (MHI-AP), is part of the project to enhance the SPLRT's capacity received in January 2022(3).
  • Its transport capacity is undergoing expansion in order to accommodate the growing use of its branch lines, given local population growth in recent years.
  • Effective April 1, MHI's business operations have been integrated with those formerly performed by Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG).

OpGen Enters Into Distribution Agreement for Unyvero in the U.S. with Fisher Healthcare

Retrieved on: 
Tuesday, April 18, 2023

The agreement is for the distribution of OpGen’s Unyvero A50 platform and in vitro diagnostic (IVD) tests for bacterial pneumonia (Unyvero LRT and LRT BAL) as well as its research use only (RUO) test for urinary tract infection (Unyvero UTI).

Key Points: 
  • The agreement is for the distribution of OpGen’s Unyvero A50 platform and in vitro diagnostic (IVD) tests for bacterial pneumonia (Unyvero LRT and LRT BAL) as well as its research use only (RUO) test for urinary tract infection (Unyvero UTI).
  • The Unyvero LRT cartridge for hospitalized patients with suspected pneumonia is the first ever FDA cleared IVD product specifically targeting bacterial pneumonia and antimicrobial resistance markers.
  • The Unyvero UTI cartridge has recently completed its pivotal clinical trial and OpGen has recently submitted a De Novo classification request for Unyvero UTI to the FDA.
  • Under the distribution agreement, Fisher Healthcare will have access to the Unyvero A50 platform and products to distribute and sell to hospitals and laboratories across the United States.