Asia real estate and outbound investment news
CBRE on Tuesday announced the promotion of Ada Fung to head of office services within its advisory and transaction services division in Hong Kong, with immediate effect.
In her new role, Fung will oversee the office services team and the… Read More>>
The new year is looking much like the old for City Developments Ltd and its board, with a third director in as many months stepping down over the Singaporean firm’s contentious investment in Chinese developer Sincere Property Group.
The resignation… Read More>>
JLL on Monday announced the promotion of Oscar Chan to head of capital markets for Hong Kong, effective this month.
The eight-year JLL veteran will focus on advising clients on real estate investment opportunities in the city, as… Read More>>
The COVID-19 pandemic has jump-started proptech use at real estate businesses, with 60 percent of survey respondents saying the crisis led them to increase or enhance tech system adoption.
That finding comes from a poll of property industry executives conducted… Read More>>
For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns about the Singaporean firm’s investment in mainland Chinese developer Sincere Property Group.
The resignation of independent non-executive director Koh… Read More>>
Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in Singapore are likely to rise in the second half of 2021, driven by a limited supply of new Grade A space… Read More>>
Hong Kong-listed developer Shui On Land Ltd and the UK’s family held Grosvenor Group have agreed to form a 50:50 joint venture to purchase the Nanjing International Financial Center office tower for RMB 1.62 billion ($250 million), according to an… Read More>>
Hong Kong developer Wharf Holdings Ltd on Wednesday announced its acquisition of the city’s priciest piece of residential land ever as it won a government auction of a site on Victoria Peak.
The blue-chip builder agreed to pay HK$12 billion… Read More>>
Singapore’s Keppel REIT on Wednesday said it had entered into an agreement to acquire a 100 percent stake in Keppel Bay Tower, an office building in the city-state’s HarbourFront area, from Keppel Land Ltd, as the trust seeks to capitalise… Read More>>
Singaporean sovereign fund GIC and Hong Kong-listed developer ESR are pursuing their mutual interest in India’s industrial real estate market — this time together — with the launch of a $750 million joint venture to build and acquire industrial and… Read More>>
