Asia real estate and outbound investment news
Lendlease has named a new chief financial officer for its Asia business, as the Sydney-based developer continues to reshape its leadership in the region following former Asia boss Tony Lombardo’s promotion to group chief executive earlier this year.
Company veteran… Read More>>
New World Development recently began work on its second K11 commercial project in Shanghai, breaking ground on a 17,171 square metre (184,827 square foot) site in the heart of the Middle Huaihai Road shopping district, according to a company press… Read More>>
Commercial real estate brokerage Cushman & Wakefield posted second-quarter revenue of $2.2 billion, a 29 percent surge from the same three months in 2020, with the company releasing the results at a conference where it also revealed an upcoming top… Read More>>
Despite the improving pandemic situation and rising property sales in Hong Kong, interest in buying homes fell by three percentage points to 14 percent in the second quarter of 2021, according to a Citibank survey on residential property ownership.
In… Read More>>
Hong Kong’s Grade A office market showed signs of weakness in June, despite leasing activity in Central having doubled in the first half of 2021, according to a report by JLL.
In June, Hong Kong experienced a citywide rise in… Read More>>
Germany’s Patrizia Immobilien has appointed former Mitsubishi real estate executive Katsumi Nakamoto as its new president and representative director in Japan, according to an announcement by the Augsburg-based fund manager.
Previously the president and chief executive of Diamond Realty Management,… Read More>>
