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.
Michael Bowens Joins CBRE in Singapore as Head of Industrial and Logistics for APAC
CBRE has appointed Michael Bowens as head of industrial and logistics for its Asia Pacific advisory and transaction services practice, according to a release by the consultancy on Monday.
Based in Singapore, Bowens is responsible for developing CBRE’s growth strategy… Read More>>
Asia Real Estate People in the News 2024-04-22
A fresh update from the head of Shenzhen’s Kaisa Group leads this week’s collection of personnel moves from around the region with the once-detained, twice-defaulted entrepreneur being named to the board of Kaisa’s property management unit. Also making the list… Read More>>
Mainland Investor Du Shuanghua Backs Out of Singapore’s Biggest Property Deal of 2023
Chinese-backed investor Bright Ruby Resources has walked away from the largest property deal signed in Singapore during 2023, cancelling its planned S$908 million ($668 million) purchase of a shopping mall on Orchard Road after failing to win government approval to… Read More>>
Asia Real Estate People in the News 2024-04-06
New leadership at one of Singapore’s troubled REITS of US office properties leads this week’s roundup of personnel moves from around the region. Also making the list is a new asset management boss for one of the most active office… Read More>>
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