Asia real estate and outbound investment news
One month after Singapore authorities said they would begin requiring employers to facilitate employee requests for flexible work, global banking giant Citigroup is reported to be considering shrinking its footprint in one of the city-state’s priciest commercial hubs.
Citi is… Read More>>
The head of one of Wall Street’s biggest banks may bring an end to the “stay alive until ’25” mantra, as David Solomon’s outlook for rate cuts leads today’s collection of real estate headlines from around the region. Football also… Read More>>
Just 13 percent of Hongkongers polled by Citi say it’s a good time to buy a home, down from 16 percent a year ago, the global bank said Tuesday.
The latest figure, based on data from 1,100 respondents in September,… Read More>>
Singapore-listed Manulife US Real Estate Investment Trust (REIT) has appointed a financial adviser to conduct a strategic review after reporting disappointing third quarter results.
Citigroup Global Markets Singapore will “undertake a review of a variety of options available to Manulife… Read More>>
Logan Group has become the latest defaulting Chinese developer to get socked with a winding-up petition, with a unit of banking giant Citigroup taking action against the builder and a pair of subsidiaries in two separate courts.
On 4 November,… Read More>>
In today’s roundup of regional news headlines, Chinese developer Vanke gets the green light from mainland authorities to spin off its property management unit in a Hong Kong IPO, while the pending sale of Pfizer’s South Korean headquarters hits a… Read More>>
The importance of tech occupiers to Asia’s office landlords was underlined yet again today when Amazon was reported to be taking over three floors in a trophy office tower in Singapore from Citigroup.
Also in the news, Brookfield is said… Read More>>
It has only been a few days since China’s largest co-working operator officially filed a prospectus for its US IPO, but Ucommune’s debut on the New York Stock Exchange is already said to be facing opposition from its own bankers… Read More>>
Homebuyer confidence in Hong Kong’s residential market, which as recently as April had led experts including UBS to predict a bull run that would last at least another decade, is in a state of free fall, according to a Citibank… Read More>>
Citi Group’s latest survey on home ownership in Hong Kong shows that over 70 percent of residents feel that it is a bad or terrible time to purchase a home in the world’s least affordable metropolis.
In a survey conducted… Read More>>
