Asia Pacific real estate investment news and information
Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.
This year… Read More>>
The latest edition of Mingtiandi’s roundup of regional personnel moves features the resignation of a mainland developer’s CEO and two high-profile departures from a Hong Kong-listed retailer’s board of directors.
Zhang Yadong has stepped down as… Read More>>
The ongoing troubles of an NYSE-listed residential rental firm lead today’s list of personnel updates from Asia’s real estate world, as the CEO of Danke Apartments has his travel privileges revoked after losing a lawsuit. Also included in our roundup… Read More>>
A 16-storey industrial building in Kowloon’s To Kwa Wan area has changed hands at HK$310 million ($40 million) as hopes for an end to the pandemic rekindle Hong Kong’s dormant real estate investment market.
Hong Kong Resorts International, a developer… Read More>>
In this week’s edition of People in the News, a boardroom succession takes shape at Hong Kong multinational HKRI, the third generation at New World Development gains a seat on the HSBC board, and WeWork in Singapore announces a pair… Read More>>
Cushman & Wakefield has announced the appointment of Chris Cuff as regional executive director for commercial leasing, based in Singapore.
Cuff previously worked at Cushman & Wakefield for 10 years in North America as vice president for office leasing in… Read More>>
Hong Kong office rents dropped for a sixth consecutive quarter in the three months ending 30 September, falling by 4.7 percent from June with analysts predicting that the average cost of leasing desk space in the city will have dropped… Read More>>
Hong Kong’s beleaguered Grade A office market continued to face rising vacancies and falling rents in August, although the emptying out of Central and other core districts of the city showed signs of slowing, according to a report released earlier… Read More>>
Singapore’s Mapletree Industrial Trust is adding to its collection of US data centres through an agreement to purchase a facility in Virginia for at least $204 million, the trust’s manager announced on Monday.
The unspecified server farm, which is believed… Read More>>
Veteran broker Maggie Chu has joined Savills to head up the property consultancy’s services on behalf of developers and investors in Guangdong province, Macau and Hong Kong, according to a company statement today.
Formerly an executive director with Cushman &… Read More>>
