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Victor Cha

HKRI Buys Kowloon Redevelopment Project for HK$310M

2020/12/11 by Michael Cole Leave a Comment

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>>

Victor Cha

Asia Real Estate People in the News 2020-11-30

2020/11/30 by Christopher Caillavet Leave a Comment

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>>

Regional executive director at C&W SG

Cuff Rejoins C&W in Singapore to Help Lead Regional Leasing

2020/11/13 by Christopher Caillavet Leave a Comment

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>>

John Siu Cushman

Hong Kong Rents Could Fall 21% By Year-End as Tenants Surrender Offices

2020/10/07 by Mingtiandi Staff Leave a Comment

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>>

JLL Alex Barnes

Hong Kong Office Vacancy Rises for 13th Straight Month, Central Now 6% Empty

2020/09/27 by Mingtiandi Staff 1 Comment

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>>

Mapletree Trust Adds to US Data Centre Portfolio with $204M-Plus Virginia Buy

2020/09/15 by Michael Cole Leave a Comment

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>>

Maggie Chu Savills

Maggie Chu Joins Savills to Lead Greater Bay Area Services

2020/09/09 by Michael Cole Leave a Comment

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>>

john siu cushman

Hong Kong Dominates with 54% of APAC Data Centre Investments in 2020

2020/09/02 by Elizabeth Kerr Leave a Comment

Data centre investment in Asia-Pacific climbed to $5.7 billion (HK$44 billion) between 2018 and 2020, a seven-fold increase over the growth recorded over the previous two year interval, according to new research by Cushman & Wakefield in Hong Kong.

In… Read More>>

Asia Real Estate People in the News 2020-05-11

2020/05/11 by James Hatton Leave a Comment

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>>

Little-Known Player Outbids Wheelock, Vanke to Win Kowloon Site for HK$467M

2020/04/29 by Stephanie Li Leave a Comment

Local Hong Kong developer Capital Group Development Limited has won a residential site in Mong Kok for HK$467 million ($60 million), according to an announcement yesterday by the Lands Department.

The privately held firm, which was previously best known for… Read More>>

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