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keith hemshall cushman

Hong Kong Office Market Begins Recovery as Rent Cuts Slowed in 2021 2H

keith hemshall cushman

2021/12/15 by Christopher Caillavet Leave a Comment

Hong Kong’s office leasing market shook off a sluggish first half of 2021 as tenants rediscovered their appetites for desk space, although average rents still suffered a full year decline after a steeper drop in 2020, according to research from… Read More>>

Hong Kong’s office leasing market shook off a sluggish first half of 2021 as tenants rediscovered their appetites for … Read more>>>

Ismail Gafoor PropNex

Singapore Home Sales, Housing Prices Hit Multi-Year Highs in November 

Ismail Gafoor PropNex

2021/12/15 by Beatrice Laforga Leave a Comment

Singapore’s residential market went from hot to scorching in November as hungry homebuyers and limited supply of new homes combined to drive the volume of new homes sold and prices for second-hand condos to multi-year highs, according to a pair… Read More>>

Singapore’s residential market went from hot to scorching in November as hungry homebuyers and limited supply of new … Read more>>>

Mount Nicholson Hong Kong

Hong Kong Heiress Bought $82M Peak Home and More Asia Real Estate Headlines

Mount Nicholson Hong Kong

2021/12/15 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a tycoon’s daughter is outed as the buyer of Asia’s priciest apartment, Chinese developers’ stocks and bonds tumble after Shimao Group flashes cash-crunch signals, and an Indonesian billionaire snaps up three… Read More>>

In today’s roundup of regional news headlines, a tycoon’s daughter is outed as the buyer of Asia’s priciest apartment, … Read more>>>

UIH_Josh and Ross_business portrait

Macquarie Makes Fresh Bet on Asia Logistics with Investment in Unified Industrial

UIH_Josh and Ross_business portrait

2021/12/15 by Michael Cole Leave a Comment

Six months after closing on $850 million for its latest Asia Pacific opportunistic real estate fund, Macquarie Asset Management is returning to Asia’s logistics market through a partnership with Tokyo-based developer Unified Industrial, according to a statement this week by… Read More>>

Six months after closing on $850 million for its latest Asia Pacific opportunistic real estate fund, Macquarie Asset … Read more>>>

Koichiro Obu of DWS

Tech, Life Science Sectors Drive APAC’s Emerging Office Locations Says DWS

Koichiro Obu of DWS

2021/12/14 by Beatrice Laforga Leave a Comment

New office investment hotspots are emerging across the Asia Pacific region, according to a report released today by the asset management affiliate of Germany’s Deutsche Bank, as technology and life sciences businesses fuel demand for affordable and accessible work spaces… Read More>>

New office investment hotspots are emerging across the Asia Pacific region, according to a report released today by the … Read more>>>

Xu Rongmao Shimao

Shimao Deal Triggers Fresh Developer Rout and More Asia Real Estate Headlines

Xu Rongmao Shimao

2021/12/14 by Pimfha Chandhapradit Leave a Comment

A sudden announcement that Shimao’s property services unit is paying $259 million for one of the group’s subsidiaries has moved the Hong Kong-listed developer centre stage in China’s developer drama, and to the top of Mingtiandi’s list of real estate… Read More>>

A sudden announcement that Shimao’s property services unit is paying $259 million for one of the group’s subsidiaries … Read more>>>

Louise Kavanagh - Nuveen

JP Morgan, Nuveen Complete $944M Purchase of SG Office Tower From CICT and FWD 

Louise Kavanagh - Nuveen

2021/12/13 by Christopher Caillavet Leave a Comment

JP Morgan Asset Management and Nuveen Real Estate have announced the acquisition of their respective half-stakes in a Singapore office building for $472 million each, confirming a mid-November Mingtiandi report.

The pair of US-based fund managers picked up their partial… Read More>>

JP Morgan Asset Management and Nuveen Real Estate have announced the acquisition of their respective half-stakes in a … Read more>>>

Kwek Leng Beng

Singapore’s CDL Selling Hilton Millennium Seoul Hotel to IGIS for $930M

Kwek Leng Beng

2021/12/13 by Beatrice Laforga Leave a Comment

City Developments Ltd (CDL) is set to sell the Hilton Millennium Hotel in Seoul, along with an adjoining site, to local fund manager IGIS Asset Management for KRW 1.1 trillion ($930 million) as the Singapore-listed developer continues to divest loss-making… Read More>>

City Developments Ltd (CDL) is set to sell the Hilton Millennium Hotel in Seoul, along with an adjoining site, to local … Read more>>>

damian green manulife

Manulife Puts Name on Third HK Tower After Signing City’s Biggest Lease of 2021

damian green manulife

2021/12/13 by Pawara Laothamatas Leave a Comment

Canadian financial services firm Manulife now has a third office tower in Kowloon East bearing its trademarks as PAG’s International Trade Tower has been rebranded under the name of its anchor tenant.

“We are excited to broaden our footprint into… Read More>>

Canadian financial services firm Manulife now has a third office tower in Kowloon East bearing its trademarks as PAG’s … Read more>>>

Royal Meridien Hotel in Shanghai

Chinese Developers Slump as Shimao Bonds Plummet and More Asia Real Estate Headlines

Royal Meridien Hotel in Shanghai

2021/12/13 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, fresh concerns materialise over mainland developers as a drop in Shimao Group’s bonds sparks a wider sell-off, Evergrande’s creditors brace for a drawn-out restructuring process, and private equity investors lose their taste for… Read More>>

In today’s roundup of regional news headlines, fresh concerns materialise over mainland developers as a drop in Shimao … Read more>>>

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