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lee garden 3

Hong Kong Office Rents Fell 2.2% in May as Vacancies Reached 12-Year High

lee garden 3

2020/06/23 by Mingtiandi Team Leave a Comment

With uncertainty plaguing Hong Kong’s economy as political unrest and the lingering effect of the coronavirus pandemic continues to hamper business, rents slid 2.2 percent in May and vacancies reached numbers not seen since the global financial crisis of 2008.

… Read More>>

With uncertainty plaguing Hong Kong’s economy as political unrest and the lingering effect of the coronavirus pandemic … Read more>>>

Alice Tan Knight Frank

Knight Frank Appoints New Consultancy, Research Heads in Singapore

Alice Tan Knight Frank

2020/06/23 by Mingtiandi Team Leave a Comment

Real estate brokerage firm Knight Frank announced this week that it is bolstering its consultancy and research teams in Singapore by bringing on a pair of industry veterans to lead each department.

The company’s group managing director in the country… Read More>>

Real estate brokerage firm Knight Frank announced this week that it is bolstering its consultancy and research teams in … Read more>>>

mapletree data centres

Mapletree Trust Invests $211M in US Data Centres and More Asia Real Estate Headlines

mapletree data centres

2020/06/23 by Michael Cole Leave a Comment

Sheds and server barns lead today’s real estate headlines from around the region as a Singapore investment manager adds the remaining 60 percent stake in a set of US data centres to its Singapore listed industrial trust and one of… Read More>>

Sheds and server barns lead today's real estate headlines from around the region as a Singapore investment manager adds … Read more>>>

Sheraton Pasadena

SGX-Listed Eagle Hospitality Trust Reveals Fresh Defaults, Liens

Sheraton Pasadena

2020/06/22 by Mingtiandi Team 1 Comment

Cash-strapped and handcuffed by the pandemic, Eagle Hospitality Trust announced its latest series of defaults and litigation in a filing to the Singapore Exchange on Sunday.

EHT, comprised of Eagle Hospitality REIT and Eagle Hospitality Business Trust, said that the… Read More>>

Cash-strapped and handcuffed by the pandemic, Eagle Hospitality Trust announced its latest series of defaults and … Read more>>>

Mr Tan Yew Chin_CEO_CapitaLand Singapore

CapitaLand Names New Top Executives for Singapore, Vietnam

Mr Tan Yew Chin_CEO_CapitaLand Singapore

2020/06/22 by Chris Kudialis Leave a Comment

Singapore’s CapitaLand has announced promotions for a pair of its top executives that provide fresh leadership in the company’s home city, as well as in Vietnam — a key developing market for the Temasek Holdings-backed giant.

According to an announcement… Read More>>

Singapore’s CapitaLand has announced promotions for a pair of its top executives that provide fresh leadership in the … Read more>>>

john ratcliffe

Asia Real Estate People in the News 2020-06-22

john ratcliffe

2020/06/22 by Mingtiandi Team 1 Comment

In this week’s edition of People in the News, workspace sharing giant WeWork expands the role of a company director in Shanghai, while Barings snaps up a longtime Challenger Real Estate hand to head its Asia Pacific real estate operations… Read More>>

In this week’s edition of People in the News, workspace sharing giant WeWork expands the role of a company director in … Read more>>>

elon musk

Netease Founder Buys Elon Musk’s $29M Mansion and More Asia Real Estate Headlines

elon musk

2020/06/20 by Michael Cole Leave a Comment

The founder of one of China’s earliest tech giants will soon be moving into the place formerly held by Tesla founder/business celebrity Elon Musk, according to news out of Los Angeles’ posh Bel-Air neighbourhood this past week.

Also in Mingtiandi’s… Read More>>

The founder of one of China’s earliest tech giants will soon be moving into the place formerly held by Tesla … Read more>>>

WeWork Pottinger

WeWork Gives Up Location in Hong Kong’s Central, City Footprint Cut by 30%

WeWork Pottinger

2020/06/20 by Mingtiandi Team 1 Comment

WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi late this past week that the shared workspace provider has abandoned it fourth location in the city since late last year.

After having… Read More>>

WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi … Read more>>>

ESR Jeffrey Shen

ESR Closes on $1B Korea Logistics JV with APG, CPPIB

ESR Jeffrey Shen

2020/06/19 by Mingtiandi Team Leave a Comment

ESR has closed on a $1 billion joint venture with longstanding partners Canada Pension Plan Investment Board (CPPIB) and Dutch pension manager APG Asset Management to develop industrial real estate projects in South Korea, as the Hong Kong-listed logistics developer… Read More>>

ESR has closed on a $1 billion joint venture with longstanding partners Canada Pension Plan Investment Board (CPPIB) and … Read more>>>

vivocity Shanghai

Mapletree Reports Profit Drop of 18% and More Asia Real Estate Headlines

vivocity Shanghai

2020/06/18 by Michael Cole Leave a Comment

Yet another major developer has seen its financial results take a beating as a result of COVID-19, as a Singaporean player leads today’s real estate headlines with news of an 18 drop in profits as valuations slide.

Also in the… Read More>>

Yet another major developer has seen its financial results take a beating as a result of COVID-19, as a Singaporean … Read more>>>

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