Succession planning leads this week’s set of personnel moves from Asia’s real estate industry, with a Singapore-based hotel operating moving a new generation leader into a deputy chief executive role. Also making the list is a former Hong Kong-based private… Read More>>
Asia Real Estate People in the News 2024-08-10
A disappearing mainland executive leads this week’s roundup of personnel moves around Asia’s real estate industry, as Harvest Fund Management says its chairman has been caught up in an investigation. Also making the list is a retirement at a Hong… Read More>>
Evergrande Liquidators Suing PwC, CBRE for Negligence, Misrepresentation
China Evergrande Group’s liquidators have launched legal proceedings against the company’s former auditor PricewaterhouseCoopers (PwC) and valuer CBRE as part of an ongoing effort to recoup losses on behalf of the collapsed mainland developer’s creditors, as the firms face accusations… Read More>>
Jiayuan Receivers Said to Sell New Territories Office Complex to Singaporean Fund
A Hong Kong office complex marketed by the receivers for liquidating builder Jiayuan International has sold for just under the guide price, according to local media accounts that point to an unnamed Singaporean buyer.
Located at San Hop Lane in… Read More>>
Asia Real Estate People in the News 2024-07-15
Asia’s investment centre of gravity continues to shift toward Japan this week with one of the biggest US fund managers naming a new country head for Asia’s second largest economy. With that item leading Mingtiandi’s roundup of personnel moves from… Read More>>
Hong Kong Office Vacancy Hits Record High of 13.6% as Occupiers Move to Downsize
Office vacancy in Hong Kong reached a record high of 13.6 percent at the end of June, as sluggish leasing demand and oversupply drove average office rents in the Asian financial centre down 4.3 percent in the first half of… Read More>>
PGIM Real Estate Nears Sale of Pair of Office Floors on Singapore’s Robinson Road
PGIM Real Estate is closing in on deals to sell a pair of office floors in downtown Singapore after completing renovations on the 12-storey building between Tanjong Pagar and Raffles Place.
“We have received firm offers and are close to… Read More>>
APAC Cap Rates to Keep Climbing as Property Investment Remains Muted: CBRE
Investors hoping to sell properties in Asia Pacific over the next six months may have to offer buyers a steeper rate of return as interest rate cuts prove slow to materialise and risk appetites shrink, according to CBRE.
For grade… Read More>>
Asia Real Estate People in the News 2024-05-06
One of Hong Kong’s most experienced real estate bankers leads this week’s review of personnel moves from around the region, with a shift from stocks and bonds to gold. Also making the list is a Hines exec shifting to Sydney… Read More>>
Asia Real Estate People in the News 2024-04-29
India leads this week’s collection of personnel moves from around the region, as Apollo Global Management is said to be witnessing some turnover. Also making the list are new directors at Guangzhou R&F Properties and Hong Kong’s Swire Properties.
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