Prime office rents in Singapore’s Raffles Place/Marina Bay precinct leapt 1.4 percent in the third quarter compared with the previous three-month period to hit S$10.51 ($7.30) per square foot per month, as the city-state continues to provide a safe harbour… Read More>>
Singapore Commercial Block Shopped for $84M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a commercial building along Singapore’s Club Street goes on the market, and the city-state’s new private home sales impress in September.
Singapore’s Liberty House at 51 Club Street for Sale… Read More>>
Singapore Apartment Rents Up 31% in One Year and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore apartment rents deliver a hot streak of 21 straight monthly increases, some well-known institutional investors race to buy a stake in an Indian logistics firm, and China Evergrande’s Hong Kong trophy headquarters… Read More>>
Mingtiandi to Bring Singapore Real Estate Leaders to Global Audience on MTD TV
The countdown is on to next week’s Mingtiandi Singapore Focus Forum, which offers the choice of attending in person at the ParkRoyal Collection Hotel in Marina Bay or watching online worldwide.
Mingtiandi’s first-ever hybrid event, bringing together representatives of the… Read More>>
Shimao and China SCE in Default on Trust Payments and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer Shimao adds some missed payments on trust borrowings to its default sheet, while compatriots Evergrande and Kaisa see their ratings withdrawn by Moody’s.
Shimao, China SCE Default on… Read More>>
Hong Kong Office Leasing Rebounds in Q3, Driven by Island East Deals, Flex Space Trend
Office leasing in Hong Kong rebounded in the third quarter, with tenants leasing more space than they vacated during the period, thanks in part to tenants shifting to the Quarry Bay area and continuing demand from flexible workspace operators, according… Read More>>
Singapore’s Mercatus Trims Back Mall Disposal Plan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, NTUC is said to be scaling back the planned sale of its mall portfolio in Singapore, while the city-state’s heavy-hitting sovereign investors are reportedly in talks to lend support to a $10 billion… Read More>>
R&F Flipping London’s Vauxhall Square to Adrian Cheng’s Flow Capital
Fresh from clinching a deal to buy extra time to make offshore debt payments, Guangzhou R&F Properties plans to resell a London mixed-use project just one month after exercising an option to repurchase the development from Far East Consortium.
R&F… Read More>>
Equinix to Build $74M Jakarta Data Centre to Enter Indonesia Market
Equinix has joined the rush into Indonesia’s red-hot data centre market, with the US giant announcing plans to develop a $74 million co-location facility in central Jakarta.
The eight-storey facility, scheduled to open by the second half of 2024, will… Read More>>
Evergrande Boss Said Selling London’s Priciest Mansion and More Asia Real Estate Headlines
Leading off today’s roundup of regional news headlines is China Evergrande founder Xu Jiayin, aka Hui Ka Yan, who reportedly has been unmasked as the ultimate owner of London’s most expensive house — a Knightsbridge mansion previously linked solely to… Read More>>
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