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Alex Barnes

Project Completions Boost Hong Kong Office Leasing Deals as Vacancy Hits 13.1%

Alex Barnes

2024/05/01 by Christopher Caillavet Leave a Comment

Tenants in Hong Kong’s Grade A office market took up 137,000 square feet (12,728 square metres) more than they gave back in March, with leasing demand driven by occupiers realising pre-commitments at newly completed projects, according to JLL.

The citywide… Read More>>

Tenants in Hong Kong’s Grade A office market took up 137,000 square feet (12,728 square metres) more than they gave back … Read more>>>

Stuart Crow JLL

Japan, South Korea Deals Boost APAC Real Estate Investment by 13%: JLL

Stuart Crow JLL

2024/04/29 by Christopher Caillavet Leave a Comment

Asia Pacific was the sole global region to see growth in commercial real estate investment in the first quarter of 2024, as deal volume rose 13 percent year-on-year to reach $30.5 billion, according to JLL.

The mature markets of North… Read More>>

Asia Pacific was the sole global region to see growth in commercial real estate investment in the first quarter of 2024, … Read more>>>

Global Real Estate Capital Raising Fell 51% in 2023, Lowest Since 2016: ANREV

2024/04/24 by Kevin He Leave a Comment

Global investment managers raised some $129 billion of new capital for non-listed real estate in 2023, representing a 51 percent decline from the previous year and the lowest level since 2016, according to the results of a survey published on… Read More>>

Global investment managers raised some $129 billion of new capital for non-listed real estate in 2023, representing a 51 … Read more>>>

Seoul Office Rents Grew 2.4% in Q1, Now Up 9.4% From March 2023

2024/04/20 by Poonyapat Luenam Leave a Comment

Seoul’s office market continues to defy a global slowdown as rents for workspace in the Korean capital climbed by 2.4 percent quarter-on-quarter in the first three months of the year, according to JLL.

Office tenants paid an average monthly rent… Read More>>

Seoul’s office market continues to defy a global slowdown as rents for workspace in the Korean capital climbed by 2.4 … Read more>>>

GuocoLand-Hong Leong Lentor JV Leads Singapore Home Sales Rebound in March

2024/04/15 by Beatrice Laforga Leave a Comment

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of decline as a new project by GuocoLand and Hong Leong Holdings accounted for nearly 57 percent of the monthly total.

Lentor… Read More>>

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of … Read more>>>

Truong My Lan

Boss of Vietnam’s Van Thinh Phat Condemned to Death for $27B Embezzlement Scheme

Truong My Lan

2024/04/11 by Michael Cole Leave a Comment

The boss of a Vietnam property investment firm was found to have cheated 42,000 investors and sentenced to death in Ho Chi Minh City on Thursday with the government saying her actions led to over VND 677 trillion ($27 billion)… Read More>>

The boss of a Vietnam property investment firm was found to have cheated 42,000 investors and sentenced to death in Ho … Read more>>>

Seletar Mall Singapore

Singapore Investment Volume Could Top S$25B in 2024: Cushman & Wakefield

Seletar Mall Singapore

2024/04/11 by Christopher Caillavet Leave a Comment

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from S$19.2 billion in 2023, amid brighter economic prospects and growing confidence that interest rates have peaked, according to Cushman & Wakefield.

Investment… Read More>>

Total investment sales in Singapore’s real estate market could surpass S$25 billion ($18.5 billion) this year, up from … Read more>>>

Guoco Midtown

Singapore Downtown Office Rents Revived in Q1 to Reach 15-Year High: JLL

Guoco Midtown

2024/04/04 by Christopher Caillavet Leave a Comment

After a brief slump in the second half of 2023, office rents in downtown Singapore jumped 1.3 percent on a quarterly basis in the first three months of 2024 to hit a 15-year high, according to JLL.

Gross effective rents… Read More>>

After a brief slump in the second half of 2023, office rents in downtown Singapore jumped 1.3 percent on a quarterly … Read more>>>

KKR partner Henry H McVey

KKR Partner Says It’s Only Halftime for China’s Housing Market Crisis

KKR partner Henry H McVey

2024/04/04 by Christopher Caillavet Leave a Comment

China’s housing market correction may be just halfway complete, according to KKR partner Henry H McVey.

Rather than a typical correction in which housing reaches a floor as both price and volume collapse, the crisis in Asia’s biggest economy has… Read More>>

China’s housing market correction may be just halfway complete, according to KKR partner Henry H McVey. Rather than a … Read more>>>

Cathie Chung JLL

Central Rents Down 2.4% in February as Hong Kong Office Tenants Give Back More Space

Cathie Chung JLL

2024/04/02 by Christopher Caillavet Leave a Comment

Office rents in Hong Kong’s prime Central district fell 2.4 percent in February from month-earlier levels as tenants citywide gave back more Grade A space than they took up, according to JLL.

The overall market recorded a negative net absorption… Read More>>

Office rents in Hong Kong’s prime Central district fell 2.4 percent in February from month-earlier levels as tenants … Read more>>>

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