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Nan Fung Group’s Airside in Kai Tak

Hong Kong Office Leasing Recovery Remained Elusive in Q1 as Rents Fell 1.5%

Nan Fung Group’s Airside in Kai Tak

2023/04/26 by Christopher Caillavet Leave a Comment

Tenants in Hong Kong’s Grade A office market gave up 248,000 square feet (23,040 square metres) more than they leased during the first quarter of 2023 as an immediate rebound from the Lunar New Year holiday lull failed to materialise,… Read More>>

Tenants in Hong Kong’s Grade A office market gave up 248,000 square feet (23,040 square metres) more than they leased … Read more>>>

Deep Water Bay Hong Kong(Getty Images)

Reopening Boosts Hong Kong Home Prices and More Asia Real Estate Headlines

Deep Water Bay Hong Kong(Getty Images)

2023/04/26 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Hong Kong home prices climb for a third month in a row as cross-border traffic returns, and ESR completes its latest logistics facility in Japan. Also in the news, US data centre player… Read More>>

In today’s roundup of regional news headlines, Hong Kong home prices climb for a third month in a row as cross-border … Read more>>>

Daisuke Noguchi Weave

Weave Living Expands into Japan with Hire of Former Allianz Exec

Daisuke Noguchi Weave

2023/04/26 by Michael Cole Leave a Comment

Hong Kong’s Weave Living is expanding into Japan, according to an announcement on Tuesday, with the Warburg Pincus-backed  accommodation specialist announcing the hire of Allianz Real Estate’s former Japan country head to lead its business in Asia’s largest rental housing… Read More>>

Hong Kong’s Weave Living is expanding into Japan, according to an announcement on Tuesday, with the Warburg … Read more>>>

Wang Jianlin Wanda Getty Images

Dalian Wanda Mall Unit Fails to List on HKEX for a Third Time

Wang Jianlin Wanda Getty Images

2023/04/25 by Mingtiandi Team Leave a Comment

China’s largest commercial developer has failed for a third time to achieve a listing on the Hong Kong stock exchange, with the status of Zhuhai Wanda Commercial Management Group’s application for an initial public offering being updated to invalid as… Read More>>

China’s largest commercial developer has failed for a third time to achieve a listing on the Hong Kong stock exchange, … Read more>>>

Yoshiyuki Chosa of GLP

GLP Breaks Ground on Two Cold Storage Warehouses Near Japan’s Kobe Port

Yoshiyuki Chosa of GLP

2023/04/25 by Christopher Caillavet Leave a Comment

GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a total floor area of 55,000 square metres (592,015 square feet).

GLP Kobe Sumiyoshihama and GLP Rokko V are near the port… Read More>>

GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a … Read more>>>

Tan Tze Wooi, CEO of CapitaLand China Trust Management

CapitaLand China Trust Highlights Retail Recovery as Revenue, Profit Dip

Tan Tze Wooi, CEO of CapitaLand China Trust Management

2023/04/25 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand China Trust on Tuesday offered an upbeat appraisal of the REIT’s first-quarter performance, highlighting year-on-year increases in sales and foot traffic and a gradual rise in occupancy across the retail portfolio.

Retail sales at the trust’s properties rose… Read More>>

Singapore-listed CapitaLand China Trust on Tuesday offered an upbeat appraisal of the REIT’s first-quarter performance, … Read more>>>

Ho Chi Minh City

Vietnam Crisis Shuts 1,800 Firms in Q1 and More Asia Real Estate Headlines

Ho Chi Minh City

2023/04/25 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Vietnam’s construction ministry says the number of property-related businesses suspending operations soared in the first quarter at the same time that prices for some luxury homes in the country’s capital fall by 40… Read More>>

In today’s roundup of regional news headlines, Vietnam’s construction ministry says the number of property-related … Read more>>>

Alice Hung Yin

Family Office Buys Singapore Industrial Building From CapitaLand Ascendas REIT 

Alice Hung Yin

2023/04/24 by Beatrice Laforga Leave a Comment

The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the family office of a foreign investor, in a deal that values the asset at three times its acquisition value nine… Read More>>

The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the … Read more>>>

Amelie Delaunay - ANREV

APAC Investors Defy Trend as Global Capital Raising for Private Real Estate Funds Falls 8%

Amelie Delaunay - ANREV

2023/04/24 by Christopher Caillavet Leave a Comment

At least $264 billion in new capital was raised globally for non-listed real estate investment in 2022, down 8 percent from the previous year, as high inflation and interest rate rises stirred market uncertainty, according to data compiled by a… Read More>>

At least $264 billion in new capital was raised globally for non-listed real estate investment in 2022, down 8 percent … Read more>>>

Jurong Point Mall

Singapore Investment Volume More Than Doubles in Q1 as Mall Deals Lend Weight

Jurong Point Mall

2023/04/24 by Christopher Caillavet Leave a Comment

First-quarter deal volume in Singapore’s real estate market more than doubled to S$5.63 billion (now $4.2 billion) compared with the previous three months, boosted by a trio of retail disposals by Mercatus Co-operative, according to Savills.

Mercatus, the property arm… Read More>>

First-quarter deal volume in Singapore’s real estate market more than doubled to S$5.63 billion (now $4.2 billion) … Read more>>>

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