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Paul Yien of JLL

Hong Kong’s Office Market Shrank By 96,800 Square Feet Last Month

Paul Yien of JLL

2022/07/21 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market shrank by 96,800 square feet (8,993 square metres) in June, doing an about-face after eight straight months of positive take-up, according to JLL.

Overall vacancy in the city edged up to 9.4 percent at… Read More>>

Hong Kong’s Grade A office market shrank by 96,800 square feet (8,993 square metres) in June, doing an about-face after … Read more>>>

Yee-May-Leong Equinix

Singapore Opens Applications for New Data Centre Development 

Yee-May-Leong Equinix

2022/07/21 by Beatrice Laforga Leave a Comment

Data centre operators eager to serve Singapore’s growing tech sector received some good news this week as the city-state formally reopened applications for the energy-hungry facilities after a three-year hiatus. However, only the efficient and green need apply for the… Read More>>

Data centre operators eager to serve Singapore’s growing tech sector received some good news this week as the city-state … Read more>>>

Amelie-Delaunay

French Fund Manager Latest to Join Migration to Singapore

Amelie-Delaunay

2022/07/21 by Christopher Caillavet Leave a Comment

Paris-based investment group La Francaise will open a Singapore office at Frasers Tower in Tanjong Pagar, becoming the latest global fund manager to establish a beachhead in the Southeast Asian powerhouse.

Singapore is just the third Asia Pacific market for… Read More>>

Paris-based investment group La Francaise will open a Singapore office at Frasers Tower in Tanjong Pagar, becoming the … Read more>>>

AMK Hub meratus 1, CapitaLand, Link REIT Circling Singapore Mall Portfolio

CICT, Link REIT Circle Singapore Mall Portfolio and More Asia Real Estate Headlines

AMK Hub meratus 1, CapitaLand, Link REIT Circling Singapore Mall Portfolio

2022/07/21 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Singapore’s CapitaLand and Hong Kong’s Link REIT are reportedly working on bids for a $3 billion portfolio of shopping malls in the Lion City, while developer Chip Eng Seng pulls the plug on… Read More>>

In today’s roundup of regional news headlines, Singapore’s CapitaLand and Hong Kong’s Link REIT are reportedly working … Read more>>>

Chang Rui Hua ESR

ESR Wins Logistics Site in Hong Kong’s Kwai Chung With $668M Bid

Chang Rui Hua ESR

2022/07/21 by Pawara Laothamatas Leave a Comment

ESR has acquired its second project ever in Hong Kong, having shouldered aside two competing bids to secure a logistics site at the city’s Kwai Chung container port for nearly HK$5.26 billion ($668.7 million), according to an announcement made late… Read More>>

ESR has acquired its second project ever in Hong Kong, having shouldered aside two competing bids to secure a logistics … Read more>>>

Mapletree Industrial Trust Targets Data Centre Opportunities in Europe, APAC

2022/07/20 by Beatrice Laforga Leave a Comment

Mapletree Industrial Trust vows to continue scaling up its data centre business through acquisitions in Singapore and the United States, as well as in new markets in Europe and Asia Pacific, after the Temasek-backed real estate investment trust saw its… Read More>>

Mapletree Industrial Trust vows to continue scaling up its data centre business through acquisitions in Singapore and … Read more>>>

Cushman & Wakefield's KB Wong

Tender for $140M Project in Hong Kong’s Mid-Levels West Closes Friday

Cushman & Wakefield's KB Wong

2022/07/20 by Pawara Laothamatas Leave a Comment

A government tender for a residential site on Hong Kong Island is set to close this Friday, giving developers an opportunity to build a housing project worth up to HK$1.1 billion ($140.1 million) in the Mid-Levels West area above Sheung… Read More>>

A government tender for a residential site on Hong Kong Island is set to close this Friday, giving developers an … Read more>>>

state theatre

New World Approved to Redevelop Hong Kong’s State Theatre as Mixed-Use Project

state theatre

2022/07/20 by Christopher Caillavet Leave a Comment

A decade after it began acquiring parts of Hong Kong’s State Theatre complex, New World Development has won approval from the Buildings Department to redevelop the historic site into a mixed-use project.

The development in North Point will have a… Read More>>

A decade after it began acquiring parts of Hong Kong’s State Theatre complex, New World Development has won approval … Read more>>>

China housing construction

China Property Crisis Drives Down Junk Bonds and More Asia Real Estate Headlines

China housing construction

2022/07/20 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, the trading prices of China’s high-yield dollar bonds near a record low as a loan boycott threatens to spread from homebuyers to construction firms. In Hong Kong, meanwhile, some apartment buyers face a… Read More>>

In today’s roundup of regional news headlines, the trading prices of China’s high-yield dollar bonds near a record low … Read more>>>

Mandarin Oriental Selling DC Hotel to UK’s Henderson Park For $139M

2022/07/19 by Beatrice Laforga Leave a Comment

Hong Kong-based Mandarin Oriental International is selling its five-star luxury hotel in Washington DC to UK asset manager Henderson Park for $139 million as the Jardine Matheson-controlled firm continues to offload US assets on weak corporate bookings.

Mandarin Oriental told… Read More>>

Hong Kong-based Mandarin Oriental International is selling its five-star luxury hotel in Washington DC to UK asset … Read more>>>

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