In this week’s edition of People in the News, Shanghai-based Zhongliang Holdings Group promotes a pair of executives to fill the shoes of its departing CEO, while WeWork’s other co-founder departs the struggling commercial workspace company at the same time… Read More>>
APAC Real Estate Investors Adjust to New Market Forces Amid Rebound From COVID-19 Sponsored Feature
The COVID-19 pandemic rocked real estate markets across Asia Pacific during the first quarter, and weighed on investor sentiment after property transactions had reached record highs during 2019.
This year, government stimulus packages have provided protection for jobs and livelihoods,… Read More>>
CBRE Leads Brokerage Wins with Deutsche Shed Deal as Asia Recovers Mingtiandi Broker Battle
Asia’s real estate markets have reawakened in May with the world’s largest brokerages handling a string of investment and leasing transactions in Hong Kong, mainland China and Singapore after deals came to a near halt during April, according to data… Read More>>
Casino Heir Buys Office in Central for HK$73.8M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the heir of Macau casino tycoon Fu Tak Iam has decided to take a gamble on a strata title office floor in Central, while WeWork has surrendered leases amounting to 20 percent of… Read More>>
Abandoned WeWork Centres Put Up for Lease in Kowloon
WeWork has surrendered three lease commitments in Hong Kong as the US co-working giant continues to restructure its portfolio, according to a person with knowledge of the matter who spoke to Mingtiandi.
Mingtiandi understands that WeWork has surrendered its centre… 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>>
Asia Real Estate People in the News 2020-04-27
In this week’s edition of People in the News, China Vanke’s logistics arm has appointed a head of asset management in Shanghai, while the son of Hong Kong’s third richest man has added CEO to his set of titles at… Read More>>
Leases of Singapore Office Space Contract for First Time in Three Years
Take-up of office space in Singapore has contracted for the first time since March 2017, according to government figures released on Friday.
Absorption of office space across Southeast Asia’s wealthiest city fell by 75,347 square feet (7,000 square metres) during… 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>>
Singapore Real Estate Investment Fell by 33% in Q1 2020
Property investment collapsed in Singapore in the first three months of the year, as the COVID-19 pandemic threatened to pitch the city into its first recession in two decades.
Sales of hospitality assets disappeared completely, while office investments plunged to… Read More>>
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