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Alex Barnes

Upgrade Demand Drives Hong Kong Office Leasing as Tenants Give Up More Space

Alex Barnes

2023/05/30 by Christopher Caillavet Leave a Comment

New leasing in Hong Kong’s Grade A office market is being driven mainly by upgrade demand amid more completions this year, according to JLL.

An estimated 3.2 million square feet (297,290 square metres) of new Grade A space is scheduled… Read More>>

New leasing in Hong Kong’s Grade A office market is being driven mainly by upgrade demand amid more completions this … Read more>>>

Jeffrey Perlman Warburg

ESR Topples GLP to Lead Real Estate Fund Managers in Asia Pacific

Jeffrey Perlman Warburg

2023/05/23 by Christopher Caillavet Leave a Comment

ESR’s M&A growth propelled the Hong Kong-listed firm ahead of arch-rival GLP Capital Partners to claim the top spot in assets under management for Asia Pacific non-listed real estate strategies in 2022, according to data compiled by a group of… Read More>>

ESR’s M&A growth propelled the Hong Kong-listed firm ahead of arch-rival GLP Capital Partners to claim the top spot … Read more>>>

Chris Street, Managing Director, Data Centres, Asia Pacific, JLL

Hyperscale Data Centres to Exceed 1,000 Sites Globally Next Year: JLL

Chris Street, Managing Director, Data Centres, Asia Pacific, JLL

2023/05/17 by Christopher Caillavet Leave a Comment

With 314 new sites in development worldwide, the number of hyperscale data centres is expected to pass 1,000 by the end of 2024 — up from 500 five years ago, according to JLL.

The hyperscale market is expected to deliver… Read More>>

With 314 new sites in development worldwide, the number of hyperscale data centres is expected to pass 1,000 by the end … Read more>>>

Blossoms by the Park

Share of Foreign Homebuyers in Singapore Reached 5-Year High in Q1

Blossoms by the Park

2023/05/16 by Christopher Caillavet Leave a Comment

The proportion of non-landed Singapore homes bought by foreigners or non-permanent residents reached 6.9 percent in the first quarter of 2023, more than doubling from 3.1 percent in the year-earlier period, according to an analysis by OrangeTee & Tie.

The… Read More>>

The proportion of non-landed Singapore homes bought by foreigners or non-permanent residents reached 6.9 percent in the … Read more>>>

Blossoms by the Park Singapore

Singapore New Home Sales Surged 80% to 7-Month High in April

Blossoms by the Park Singapore

2023/05/15 by Christopher Caillavet Leave a Comment

Sales of new private homes in Singapore shot up 80 percent in April to a seven-month high of 887 units, driven by a pair of project launches in the Rest of Central Region, according to data released by the Urban… Read More>>

Sales of new private homes in Singapore shot up 80 percent in April to a seven-month high of 887 units, driven by a pair … Read more>>>

Stephen McLennan, Ontario Teachers- Pension Plan-Ontario Teachers

British Columbia, Ontario Pension Funds Call China Investment Pause

Stephen McLennan, Ontario Teachers- Pension Plan-Ontario Teachers

2023/05/14 by Beatrice Laforga Leave a Comment

Testifying last week in front of a Canadian parliamentary committee investigating the country’s relationship with China, leaders of two of Canada’s largest public pension funds said they have paused direct mainland investments as tensions rise between Beijing and Ottawa.

Stephen… Read More>>

Testifying last week in front of a Canadian parliamentary committee investigating the country’s relationship with China, … Read more>>>

West-9-Zone-Kids

Hong Kong Commercial Property Investment Fell 10% in Q1 as Retail Took Lion’s Share

West-9-Zone-Kids

2023/05/13 by Christopher Caillavet Leave a Comment

Investment volume in Hong Kong’s commercial real estate market fell by 10 percent year-on-year to $1.6 billion in the first quarter of 2023, with small and mid-sized private capital deals dominating as buyers shifted to retail properties, according to JLL.

… Read More>>

Investment volume in Hong Kong’s commercial real estate market fell by 10 percent year-on-year to $1.6 billion in the … Read more>>>

David Green-Morgan, MSCI

APAC Investment Volume Plunges by Half in Q1 Despite Hong Kong, Singapore Megadeals

David Green-Morgan, MSCI

2023/05/11 by Christopher Caillavet Leave a Comment

Commercial property investment in Asia Pacific during the first quarter of 2023 slumped to the lowest level in more than a decade, extending a downturn seen in last year’s second half, as rising interest rates and unsettled pricing slowed dealmaking,… Read More>>

Commercial property investment in Asia Pacific during the first quarter of 2023 slumped to the lowest level in more than … Read more>>>

Realfin CEO Riz Malik

Fundraising for Private Real Estate Fell 48% Globally in Q1

Realfin CEO Riz Malik

2023/05/02 by Christopher Caillavet Leave a Comment

Global private real estate fundraising in the first quarter of 2023 fell 48.1 percent year-on-year to $25.9 billion amid an intensification and deepening of near-term investor caution, according to data provider Realfin.

The number of private real estate funds reaching… Read More>>

Global private real estate fundraising in the first quarter of 2023 fell 48.1 percent year-on-year to $25.9 billion amid … Read more>>>

Monetary Authority of Singapore chief Ravi Menon

Singapore Boosts Stamp Duty by Up to 100% to Cool Home Prices

Monetary Authority of Singapore chief Ravi Menon

2023/04/27 by Beatrice Laforga Leave a Comment

After housing costs rose by more than 11 percent in the last year, including a 3.2 percent jump in in the first quarter, Singapore regulators shocked the market late Wednesday with their strictest property cooling measures yet – including doubling… Read More>>

After housing costs rose by more than 11 percent in the last year, including a 3.2 percent jump in in the first quarter, … Read more>>>

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