As the Hong Kong office market continues to struggle through street protests and disappearing mainland corporates, an office has been leased in one of Hong Kong’s prime commercial districts at a 30 percent discount from prevailing current market prices, according… Read More>>
JLL Notches €1.1B Blackstone Japan Deal to Lead Asia Brokerage Wins Mingtiandi Broker Battle
Topping the deal charts in this edition of Mingtiandi’s Broker Battle is JLL’s sale of a portfolio of Japanese multifamily properties on behalf of funds managed by US private equity giant Blackstone. European insurer Allianz purchased the set of rental… Read More>>
Office Rents in Hong Kong’s Central Fall 3.2% in Q3 – Biggest Drop in 7 Years
Grade A office rents in Hong Kong’s traditional business district experienced their largest quarterly drop in seven years according to a newly released report, as a slowing mainland China economy and ongoing protests dampened demand in the world’s priciest commercial… Read More>>
Asia Real Estate People in the News 2019-09-30
In this week’s edition of Mingtiandi’s People in the News, Colliers’ head of international properties in Asia has stepped down to join CBRE’s residential agency team in Sydney, while a Singapore-based property-listings portal has made a pair of key hires… Read More>>
Savills Scores Hong Kong Office Sale to Lead Brokerage Wins Mingtiandi Broker Battle
A successful, if slightly unusual, sale of a vertical slice of a Hong Kong commercial property leads this edition of Mingtiandi’s roundup of agency wins, with Savills brokering the HK$780 million ($100 million) disposal of 59 percent of the Winway… Read More>>
HK Investors Put $1.4B into SG Property in 2019 1H and More Asia Real Estate Headlines
While Hong Kong’s young people have been voicing their concerns over the city’s future on the streets, real estate investors from the Asian financial hub have been displaying their opinions more privately, as a new study shows an upswing in… Read More>>
CBRE Notches HK$916M Tai Tam Mansions Sale and More Agency Wins Mingtiandi Broker Battle
While things have grown quieter in Hong Kong’s normally buzzing real estate market, CBRE scored a win with the combined HK$916 million ($117 million) sale of two luxury houses overlooking Tai Tam Bay, one of which sold for over $HK100,000… Read More>>
Asia Real Estate People in the News 2019-08-26
In this week’s edition of People in the News, 88-year-old Kushal Pal Singh has resigned as chairman of India developer DLF, while agreeing to carry on as a non-executive director, and M&G Real Estate establishes a presence down under with… Read More>>
APAC Data Centre Market Predicted to Grow to $28B by 2024
The Asia Pacific data centre market is expected to overtake North America to become the largest in the world by 2021, according to property services consultancy Cushman and Wakefield.
Underpinned by a surge in demand for cloud services and digitisation,… Read More>>
JLL Scores with S$1.6B Singapore Duo Deal and More Agency Wins Mingtiandi Broker Battle
A pair of Singapore deals top the tables in this edition of Mingtiandi’s round up of agency wins, with JLL helping to ink the S$1.6 billion ($1.2 billion) acquisition of the Duo Tower and Duo Galleria by Allianz Real Estate… Read More>>
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