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>>
Asia Real Estate People in the News 2020-04-13
With mainland China returning to something that begins to resemble normal working conditions executives in the middle kingdom dominate this week’s collection of people moves from around the region, with developers in Shanghai and Shenzhen introducing new senior leadership. While… Read More>>
Savills Leads Brokerage Wins with $1.2B LG Towers Sale in Beijing Mingtiandi Broker Battle
Despite the market continuing to be quiet across Greater China, Savills’ reported brokering of the RMB 8 Billion ($1.1 billion) sale of LG Group’s Beijing HQ tops Asia’s deal charts this week, with the deal ranking as the biggest transaction… Read More>>
JLL Leads Asia Brokerage Wins with A$300M ARA Aussie Deal Mingtiandi Broker Battle
JLL tops the deal charts this week after its team reportedly brokered the sale of an A$300 million ($201 million) Melbourne office development to a fund managed by ARA Asset Management.
Meanwhile in Korea, Savills is closing in on the… Read More>>
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