A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>
Phoenix Said Seeking Buyer for Wan Chai Commercial Project at HK$330M
Phoenix Property Investors is seeking a buyer for a commercial redevelopment project in Hong Kong’s Wan Chai district at an asking price of HK$330 million ($43 million), according to people familiar with the matter who spoke to Mingtiandi.
The Hong… Read More>>
Asia Real Estate People in the News 2020-05-11
In this week’s edition of People in the News, a data centre developer backed by UK fund manager Actis has poached a vice president of sales from rival Equinix as server sheds continue to be a top target for investors… Read More>>
Deutsche Asset Manager Makes SG’s First Major Logistics Buy of 2020
Deutsche Bank’s asset management arm has acquired a warehouse asset in western Singapore, braving the COVID-19 downturn to make the Southeast Asian financial mecca’s first major logistics acquisition of the year.
DWS, which was formerly known as Deutsche Asset Management,… Read More>>
Hony Capital Said to Lease Office in Hong Kong’s IFC at 35% Off 2017 Rates
Mainland private equity investor Hony Capital has leased out an upper level unit in Hong Kong’s Two International Finance Centre for HK$130 ($17) per square foot per month – a 35 percent discount on what an equivalent space in the… Read More>>
Asia Real Estate People in the News 2020-05-04
In this week’s edition of People in the News, insurance giant Allianz has added a pair of new faces to its APAC team and Gaw Capital has taken on some new talent in Hong Kong.
In other moves around the… Read More>>
Causeway Bay Commercial Site Put on the Market for HK$1B in Hong Kong
The COVID-19 crisis has made real the unimaginable in many ways, and now Hong Kong is seeing a site on the world’s most expensive shopping strip being put on the market for the first time in a decade, Mingtiandi can… Read More>>
Asia Real Estate People in the News 2020-04-20
In this week’s edition of People in the News, CBRE’s former managing director of asset services in Singapore has made the switch to London to head up the firm’s UK property management team, while Hong Kong’s Adamas Asset Management has… Read More>>
COVID Crisis Predicted to Knock 10% Off Singapore Office Rents
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>>
Shop in Central Sells for 50% Off and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a retail unit in Central was sold for HK$15 million — 50 percent below the original asking price. Also in the headlines, watch maker National Electronics Holding acquired a luxury house in Deep… Read More>>
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