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Christopher Caillavet

Andrew Moore, Schroders

Schroders Marketing Commercial Floor at Kowloon Complex After Cancelled Auction

2025/01/05 by Christopher Caillavet Leave a Comment

Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year failed to take place.

The third floor of the Harbourfront Landmark, a residential and commercial complex in Kowloon’s Hung Hom… Read More>>

Jack Ma (Getty Images)

Alibaba Selling Hypermarket Operator Sun Art to DCP Capital for $1.6B

2025/01/02 by Christopher Caillavet Leave a Comment

The new year finds Alibaba Group continuing its retreat from brick-and-mortar retail, with the e-commerce giant on Wednesday announcing plans to sell its controlling stake in Chinese hypermarket operator Sun Art for HK$12.3 billion ($1.6 billion).

The buyer of the… Read More>>

152 Queen's Road Central

Commercial Building in Hong Kong’s Central Trades for $140M After Bank Pressure

2025/01/02 by Christopher Caillavet Leave a Comment

A commercial tower in Hong Kong’s prime Central district has changed hands for HK$1.1 billion ($140 million) in a distressed sale, according to market sources who spoke to Mingtiandi.

The 28-storey building at 152 Queen’s Road Central traded at HK$18,197… Read More>>

Calvin Yeo, head of occupier strategy and solutions at Knight Frank Singapore

Office Rent Growth Flattens in Downtown Singapore as Big Occupiers Grow Cautious

2025/01/01 by Christopher Caillavet Leave a Comment

Office rent growth in downtown Singapore nearly ground to a halt in the year’s final quarter as renewals continued to form the bulk of market activity, according to Knight Frank.

Prime office rents in the Raffles Place/Marina Bay precinct rose… Read More>>

Yang Huiyan Country Garden

Country Garden Selling Stake in Chipmaker to State-Owned Firm for $270M

2024/12/30 by Christopher Caillavet Leave a Comment

China’s Country Garden Holdings has agreed to sell its stake in a mainland chipmaker for RMB 2 billion ($270 million) as the troubled developer seeks to ease its ongoing cash crunch.

The 1.56 percent stake in Changxin Technology is held… Read More>>

Willis Mak, head of private clients for Greater China at Knight Frank

Hotel Conversions for Student Housing Offer Growth Opportunity in Hong Kong: Knight Frank

2024/12/30 by Christopher Caillavet Leave a Comment

Hong Kong’s student housing market is poised for growth as loosened curbs on foreign student enrolment and a growing trend of hotel conversions offer investment opportunities, according to Knight Frank.

The Hong Kong government has doubled the admission quota for… Read More>>

Arpit Mehrotra, managing director of office services at Colliers India

India Office Leasing Up 14% in 2024, Hitting Record High for Third Straight Year: Colliers

2024/12/29 by Christopher Caillavet Leave a Comment

Office leasing activity across India’s top six cities totalled 66.4 million square feet (6.2 million square metres) in 2024, climbing 14 percent to hit a record high for a third straight year, according to Colliers.

Bengaluru drove demand for Grade… Read More>>

Orix Corp CEO Makoto Inoue

Orix JREIT Buying Pair of Hotels in Osaka, Kyoto From Daiwa House Unit for $50M

2024/12/26 by Christopher Caillavet Leave a Comment

Orix JREIT has agreed to buy two hotels in Japan’s Kansai region from a Daiwa House affiliate for JPY 7.9 billion ($50 million).

The Tokyo-listed trust is picking up the 48-key Mimaru Osaka Shinsaibashi East for JPY 5.3 billion and… Read More>>

Japan Excellent executive director Shuichiro Kayama

Japan Excellent REIT Sells Pair of Assets in Greater Tokyo, Osaka to Sponsor for $78M

2024/12/26 by Christopher Caillavet Leave a Comment

Japan Excellent Inc has sold a pair of properties in Greater Tokyo and Osaka to the office-focused REIT’s sponsor, Nippon Steel Kowa Real Estate, for a total of JPY 12.3 billion ($78 million).

JEI transferred the Kowa Kawasaki Higashiguchi Building… Read More>>

John Siu of Cushman & Wakefield

Hong Kong Office Rents Seen Continuing Slide After 5.9% Drop in 2024: C&W

2024/12/25 by Christopher Caillavet Leave a Comment

Grade A office rents in Hong Kong were down 5.9 percent in the year to date as of mid-November, according to Cushman & Wakefield, and the consultancy predicts as much as a 9 percent drop in 2025.

In the fourth… Read More>>

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MTD TV

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