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Michael Tay CBRE

COVID Crisis Predicted to Knock 10% Off Singapore Office Rents

Michael Tay CBRE

2020/04/08 by James Hatton Leave a Comment

Singapore’s landlords are bracing themselves for the biggest financial crisis of the century, with office leasing demand and property investment already disappearing as a result of the COVID-19 pandemic.

In a report released yesterday, Cushman & Wakefield said that office… Read More>>

Singapore’s landlords are bracing themselves for the biggest financial crisis of the century, with office leasing demand … Read more>>>

Tricia Song Colliers

Singapore Home Prices To Drop For First Time Since 2016 As Recession Nears

Tricia Song Colliers

2020/04/01 by Charles McDermid Leave a Comment

A flash estimate by the Singapore government has shown a 1.2 percent decline in the private residential property index, with experts predicting home prices to fall further as the city enters its first recession in two decades.

The Urban Redevelopment… Read More>>

A flash estimate by the Singapore government has shown a 1.2 percent decline in the private residential property index, … Read more>>>

Heng Swee Keat

Singapore Developers Welcome S$48.5B COVID-19 Relief Package

Heng Swee Keat

2020/03/27 by Charles McDermid Leave a Comment

Singapore developers, REITs and property analysts have thrown support behind the city’s new Resilience Budget, a S$48.5 billion ($34 billion) COVID-19 stimulus package that includes a 100 percent property tax rebate for qualifying commercial properties.

Minister for Finance Heng Swee… Read More>>

Singapore developers, REITs and property analysts have thrown support behind the city’s new Resilience Budget, a S$48.5 … Read more>>>

Nelson Wong JLL

Hong Kong Office Rents Fell 2.2% in February as COVID-19 Rocks Property Market

Nelson Wong JLL

2020/03/26 by Charles McDermid Leave a Comment

The COVID-19 pandemic continues to batter Hong Kong real estate, with rents in the world’s most expensive office spaces suffering the steepest month-on-month drop in more than a decade, according to a report this week by JLL.

The property consultancy… Read More>>

The COVID-19 pandemic continues to batter Hong Kong real estate, with rents in the world’s most expensive office spaces … Read more>>>

Xu Jiayin Evergrande

Evergrande Holds on to Crown as China’s Top Developer Despite 2019 Slowdown

Xu Jiayin Evergrande

2020/03/18 by James Hatton Leave a Comment

China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.

The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>

China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales … Read more>>>

Hong Kong Developers Cut Condo Launches 93% as Demand Disappears

2020/03/05 by James Hatton Leave a Comment

Developers are holding off from launching new residential projects in Hong Kong amid a property slump in the Asian financial hub that has been exacerbated by the coronavirus outbreak, according to JLL.

The property consultancy said that developers added just… Read More>>

Developers are holding off from launching new residential projects in Hong Kong amid a property slump in the Asian … Read more>>>

wang jianlin

Wanda Led China’s Top 10 Commercial Developers Again in 2019

wang jianlin

2020/03/01 by James Hatton Leave a Comment

Wang Jianlin’s Dalian Wanda Group may have been forced to unwind its overseas ambitions, but the billionaire’s property business in mainland China shows no signs of flagging after it hauled in operating income more than double that of its closest… Read More>>

Wang Jianlin's Dalian Wanda Group may have been forced to unwind its overseas ambitions, but the billionaire's property … Read more>>>

JLL Alex Barnes

Virus Drives Office Vacancy in HK’s Central District to Highest Level Since 2014

JLL Alex Barnes

2020/02/25 by James Hatton Leave a Comment

Adding illness to injury, the coronavirus outbreak has brought vacancy in the world’s most expensive office location to its highest level in over five years, according to a report this week from JLL.

The property consultancy said that vacancy rates… Read More>>

Adding illness to injury, the coronavirus outbreak has brought vacancy in the world’s most expensive office location to … Read more>>>

Amelie-Delaunay

Survey Finds 75% of Global Investors Plan to Increase Asia Real Estate Allocations

Amelie-Delaunay

2020/01/22 by Mingtiandi Team Leave a Comment

Global money managers are bullish on Asia Pacific real estate as they develop a keener appetite for risk, according to a new survey which finds that 77.5 percent of institutional investors plan to boost their allocation to the region’s property… Read More>>

Global money managers are bullish on Asia Pacific real estate as they develop a keener appetite for risk, according to a … Read more>>>

shenzhen skyline

Shenzhen Office Leasing Plunges 70% as New Buildings Surge

shenzhen skyline

2020/01/09 by James Hatton Leave a Comment

China’s southern tech hub of Shenzhen, a leading player in China’s attempt to make the Greater Bay Area a regional economic powerhouse, is about to boost its supply of office building space by one-third amid a steep drop in tenant… Read More>>

China’s southern tech hub of Shenzhen, a leading player in China’s attempt to make the Greater Bay Area a regional … Read more>>>

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