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(From left)Oliver Tong, Joseph Tsang, Alex Barnes

Hong Kong Office Rents Could Fall 10% in 2021 After New Leases Slid 39% This Year

(From left)Oliver Tong, Joseph Tsang, Alex Barnes

2020/12/21 by Christopher Caillavet 1 Comment

Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.

This year… Read More>>

Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious … Read more>>>

Stanley Wong - Colliers

Colliers HK Brings Aboard CBRE’s Stanley Wong in Capital Markets Refresh

Stanley Wong - Colliers

2020/12/21 by Christopher Caillavet Leave a Comment

Colliers Hong Kong has hired former CBRE veteran Stanley Wong as senior executive director for capital markets and investment services, aiming to accelerate growth and attract new clients to the real estate brokerage.

Wong recently left CBRE, where he had… Read More>>

Colliers Hong Kong has hired former CBRE veteran Stanley Wong as senior executive director for capital markets and … Read more>>>

The sale of 15-85 Gladstone Street is expected to be completed on 31 March next year.

Chip Eng Seng Selling Melbourne Project to Greystar and More Asia Real Estate Headlines

The sale of 15-85 Gladstone Street is expected to be completed on 31 March next year.

2020/12/21 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a trust tied to US developer Greystar buys an Australian property from Singapore’s Chip Eng Seng, Canadian insurer Sun Life makes a big bet on Japanese office assets, and Hong Kong steels… Read More>>

In Mingtiandi’s latest roundup of regional news headlines, a trust tied to US developer Greystar buys an Australian … Read more>>>

Asia Real Estate People in the News 2020-12-21

2020/12/21 by Christopher Caillavet Leave a Comment

The latest edition of Mingtiandi’s roundup of regional personnel moves features the resignation of a mainland developer’s CEO and two high-profile departures from a Hong Kong-listed retailer’s board of directors.

Zhang Yadong has stepped down as… Read More>>

The latest edition of Mingtiandi’s roundup of regional personnel moves features the resignation of a mainland … Read more>>>

Emilia Teo TE Capital

Singapore’s TE Capital Joins Japan Buying Surge with $50M Tokyo Apartment Portfolio

Emilia Teo TE Capital

2020/12/20 by Michael Cole Leave a Comment

A private equity affiliate of Singaporean developer Tong Eng Group has joined a growing wave of international investors chasing opportunities in Japanese rental apartments with a $50 million purchase of a Tokyo portfolio.

On 18 December TE Capital Partners, acting… Read More>>

A private equity affiliate of Singaporean developer Tong Eng Group has joined a growing wave of international investors … Read more>>>

Michael Wong Wai-lun

Hong Kong Kicks Off Tender for Central Waterfront Site

Michael Wong Wai-lun

2020/12/20 by Michael Cole Leave a Comment

The government of Hong Kong has officially begun marketing a slice of Central district’s waterfront to developers, but a depressed property market has dampened expectations for the trophy land sale.

The city’s Lands Department announced on Friday that it had… Read More>>

The government of Hong Kong has officially begun marketing a slice of Central district’s waterfront to developers, but a … Read more>>>

Paul Weightman Cromwell

Cromwell CEO Retires as ARA Gains Upper Hand in Aussie Board Tussle

Paul Weightman Cromwell

2020/12/20 by Michael Cole 2 Comments

ARA Asset Management moved a step closer to control of Cromwell Property Group, after the Australian property investment firm announced that its chief executive would be stepping down at year-end.

Paul Weightman, who co-founded the A$8 billion ($6 billion) investment… Read More>>

ARA Asset Management moved a step closer to control of Cromwell Property Group, after the Australian property investment … Read more>>>

hines melbourne

Hines Buys Melbourne Commercial Project for $152M and More Asia Real Estate Headlines

hines melbourne

2020/12/20 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, another Chinese developer has sold off an Australian project, with US builder Hines picking up the planned commercial development at 600 Collins Street in Melbourne for A$200 million ($152 million).

Read More>>

In Mingtiandi’s latest roundup of regional news headlines, another Chinese developer has sold off an Australian project, … Read more>>>

yang zhihui

Chairman of Hong Kong-Listed Casino Developer Under Investigation in China

yang zhihui

2020/12/18 by Michael Cole Leave a Comment

The chairman of China’s most notorious casino developer has been placed under investigation by mainland regulators, but Yang Zhihui remains in control of Hong Kong-listed Landing International Development, according to stock exchange announcements this week.

Yang has resigned his role… Read More>>

The chairman of China’s most notorious casino developer has been placed under investigation by mainland regulators, but … Read more>>>

James Murray Swire

Swire Properties Names Cathay’s Martin Murray to Board in Financial Reshuffle

James Murray Swire

2020/12/17 by Michael Cole Leave a Comment

Facing its toughest year of the century, Hong Kong’s Swire Group has named new financial leadership at three of its biggest units, according to an announcement to the Hong Kong stock exchange this week.

Michelle Low, a 23-year veteran of… Read More>>

Facing its toughest year of the century, Hong Kong’s Swire Group has named new financial leadership at three of its … Read more>>>

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