Leading today’s Hong Kong real estate news, a retail unit in Central was sold for HK$15 million — 50 percent below the original asking price. Also in the headlines, watch maker National Electronics Holding acquired a luxury house in Deep… Read More>>
Asia Real Estate People in the News 2020-04-06
While the coronavirus has most of Asia’s real estate professionals working from home, the health menace hasn’t kept some of the region’s decision-makers from advancing their careers, as a former member of Goldman Sachs’ Hong Kong real estate team takes… Read More>>
China Re Completes RMB 3.1B Acquisition of Shanghai Office Tower
China Reinsurance has completed the acquisition of a newly completed commercial property in Shanghai’s Lujiazui area for RMB 3.09 billion ($440 million), according to an announcement yesterday by Cushman & Wakefield.
The Hong Kong-listed insurer, which is controlled by mainland… Read More>>
Savills Continues Brokerage Momentum with HK$640M Kowloon Deal Mingtiandi Broker Battle
Savills tops Mingtiandi’s deal charts for the third time running, after reportedly linking up with First Group in the Hong Kong developer’s HK$640 million ($83 million) purchase of a commercial site in New Kowloon – right next door to a… Read More>>
Asia Real Estate People in the News 2020-03-23
In this week’s edition of People in the News, the former chairman of Evergrande Life has been appointed as a company director, only six months after his resignation.
In other moves around the region, investment management firm PIMCO has brought… Read More>>
Savills Leads Asia Brokerage Wins with HK$790M Hong Kong Office Deal Mingtiandi Broker Battle
Savills tops Mingtiandi’s deal charts for the second time running with the property consultancy reported to brokered the HK$790 million ($101 million) sale of an office redevelopment project in Hong Kong’s Cheung Sha Wan area on behalf of consumer goods… Read More>>
Asia Real Estate People in the News 2020-01-20
With just a few days left before much of the region takes a long break for the lunar new year holiday, there are still a few Asia real estate professionals settling into fresh roles for 2020. This week Mingtiandi tracks… Read More>>
Shenzhen Office Leasing Plunges 70% as New Buildings Surge
China’s southern tech hub of Shenzhen, a leading player in China’s attempt to make the Greater Bay Area a regional economic powerhouse, is about to boost its supply of office building space by one-third amid a steep drop in tenant… Read More>>
Shanghai Office Rents Slide as Vacancy Hits Ten Year High
Grade A office rents in Shanghai continued their downward slide in the fourth quarter of 2019 as the citywide vacancy rate hit 20 percent, according to a report published by Cushman & Wakefield this week.
Amid a glut of space… Read More>>
Asia Real Estate People in the News 2019-12-30
As 2019 comes to a close a few professionals around the region are still switching desks, with a freshly listed Shanghai developer announcing a flock of changes to its board just five months after a July IPO. In addition to… Read More>>
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