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Lujiazui offices

Shanghai Office Rents Fell 3.7% in Q2 Despite Leasing Uptick

Lujiazui offices

2020/07/27 by Skye Li Leave a Comment

Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the second quarter of 2020, according to recent reports by property agencies covering the city.

Following a lockdown that kept most… Read More>>

Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the … Read more>>>

Proptech forum

Mingtiandi Proptech Survey 2020 to Begin Next Week

Proptech forum

2020/07/27 by Michael Cole Leave a Comment

Companies across Asia Pacific have been faced with lockdowns, circuit breakers and travel bans this year which have quickly tested information and communication systems across industries as the COVID-19 pandemic deprived businesses of many of their traditional business tools.

Long… Read More>>

Companies across Asia Pacific have been faced with lockdowns, circuit breakers and travel bans this year which have … Read more>>>

agnes ho Eaton Club

Asia Real Estate People in the News 2020-07-27

agnes ho Eaton Club

2020/07/27 by Michael Cole Leave a Comment

An ongoing management shuffle at a defaulting mainland developer leads today’s collection of people moves as Jiangsu-based Wuzhou International continues to see its controlling shareholders leave board positions in the face of litigation battles.

As Wuzhou struggles, CPPIB has named… Read More>>

An ongoing management shuffle at a defaulting mainland developer leads today’s collection of people moves as … Read more>>>

george hongchoy tb

Link REIT Buying Morgan Stanley European HQ From Hines for £371.4M

george hongchoy tb

2020/07/27 by Michael Cole Leave a Comment

Link REIT has moved forward with its first acquisition in the western hemisphere as the Hong Kong-listed real estate investment trust today announced a deal to purchase 25 Cabot Square in London for £371.4 million ($475 million).

Asia’s largest REIT… Read More>>

Link REIT has moved forward with its first acquisition in the western hemisphere as the Hong Kong-listed real estate … Read more>>>

Alpha Investment Partners CEO Alvin Mah

Keppel Investing RMB 1.5B to Build First Mainland China Data Centre

Alpha Investment Partners CEO Alvin Mah

2020/07/26 by Jonathan Burgos Leave a Comment

Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a greenfield data centre in Guangdong province, marking the Singapore-based conglomerate’s first foray into mainland China’s booming data centre industry.

… Read More>>

Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a … Read more>>>

Causeway Bay Shop Sold at 73% Loss as Virus Wave Menaces Hong Kong

2020/07/26 by Diana Li Leave a Comment

Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73 percent loss.

According to Land Registry records cited by the Hong Kong Economic… Read More>>

Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive … Read more>>>

Li Ka-shing CK Asset

Li Ka-Shing’s CK Asset Sells Chengdu Project for $1B and More Asia Real Estate Headlines

Li Ka-shing CK Asset

2020/07/25 by Michael Cole Leave a Comment

China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong Kong’s Li Ka-shing has decided to sell off a mixed-use project in Chengdu while the sun is still shining.

In less… Read More>>

China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong … Read more>>>

gerald ma lai chee ck asset

CK Asset Director Joins Goldin Board as Vice Chair of Troubled HK Developer

gerald ma lai chee ck asset

2020/07/24 by Michael Cole Leave a Comment

A top strategist from Li Ka-shing’s CK Asset has joined the board of defaulting developer Goldin Financial Holdings as rumours fly of buyouts and restructuring in Hong Kong’s real estate world.

Gerald Ma Lai-chee, an executive with 24 years of… Read More>>

A top strategist from Li Ka-shing’s CK Asset has joined the board of defaulting developer Goldin Financial Holdings as … Read more>>>

st regis sg

M&C Hotels CEO Quits After Four Months as Pandemic Drags Firm Into the Red

st regis sg

2020/07/24 by Jonathan Burgos Leave a Comment

The sudden departure of Millennium & Copthorne Hotels CEO Clarence Tan, after helming the hospitality arm of Singapore-based real estate giant City Developments Limited for just four months, puts the spotlight on the challenging environment for hoteliers amid the COVID-19… Read More>>

The sudden departure of Millennium & Copthorne Hotels CEO Clarence Tan, after helming the hospitality arm of … Read more>>>

Marina Bay Sands Singapore

Singapore’s Marina Bay Sands Sinks to S$113M Q2 Loss and More Asia Real Estate Headlines

Marina Bay Sands Singapore

2020/07/23 by Michael Cole Leave a Comment

The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with Singapore’s best-known casino dropping to a loss and the Bangkok residential market losing 27 percent of its value.

On a more positive… Read More>>

The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with … Read more>>>

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