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Citi CEO Jane Fraser

Citigroup Said Ready to Hand Back Singapore Office Floor With Hybrid Work on the Rise 

2024/05/26 by Beatrice Laforga Leave a Comment

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>>

Goldman’s Solomon Sees No Rate Cuts in 2024 and More Asia Real Estate Headlines

2024/05/23 by Ponrath Sopannarath Leave a Comment

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>>

Ap Lei Chau

Hong Kongers Grow Pessimistic on Residential Market: Citi Survey

2023/12/13 by Christopher Caillavet Leave a Comment

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>>

Tripp Gantt, Manulife US REIT

Manulife US REIT Names Citi Unit as Advisor for Strategic Review

2022/11/25 by Mingtiandi Team Leave a Comment

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>>

kei hoi pang Logan

Citi Files Winding-Up Petition Against China’s Logan Group in Hong Kong

2022/11/08 by Christopher Caillavet Leave a Comment

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>>

vanke sign square

Vanke Approved for Property Management IPO and More Asia Real Estate Headlines

2022/07/19 by Proud Channara Leave a Comment

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>>

Amazon to Lease 3 Floors in Singapore’s Asia Square and More Asia Real Estate Headlines

2020/09/30 by Mingtiandi Team Leave a Comment

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>>

Credit Suisse, Citigroup, BOA Abandon Ucommune IPO Amid Valuation Questions

2019/12/15 by James Hatton Leave a Comment

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>>

Citibank's Josephine Lee

68% in Citi Survey Say It’s a Terrible Time to Buy a Home in Hong Kong

2019/09/24 by James Hatton Leave a Comment

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>>

ctii table 4

Over 70% of Hong Kongers Say Now is a Bad Time to Buy a Home: Citi Survey

2019/07/21 by Jan Kot Leave a Comment

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>>

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