Gaw Capital Partners has made its second Shanghai office acquisition in less than a month and a half, buying a set of four grade A office buildings in the Hongqiao area for a price reported to be close to RMB… Read More>>
Deleveraging Boosts Opportunities for Foreign Investors in China’s Real Estate Market: C&W
China’s deleveraging campaign gave investors in China’s property market more opportunities to make deals this past year, according to Alvin Yip, president of capital markets for Greater China at Cushman & Wakefield, whose team handled 33 percent more real estate… Read More>>
Hong Kong Office Rents Grew Just 0.3% in November on Declining Market
The grade A office rental market in Hong Kong showed signs of further softening in November, with several major real estate services firms in agreement that leasing demand would continue to dissipate on the back of a declining economy, rising… Read More>>
Asia Real Estate People in the News 2018-12-17
Two key executives at major mainland Chinese developers were reported by mainland media to have resigned their jobs recently as the outlook for China’s property market continues to sour, while one notable CEO started his new role at Cushman &… Read More>>
APREA Names Former C&W Exec Sigrid Zialcita as New CEO
Sigrid Zialcita has been appointed chief executive officer of the Asia Pacific Real Estate Association (APREA) and will assume her duties on January 2nd, the group announced Tuesday.
Zialcita takes up her duties with the real estate industry non-profit after having… Read More>>
Asia Real Estate People in the News 2018-12-10
The game of musical chairs continued at mainland developers over the week, with China Fortune Land pilfering yet another executive from rival China Resources Land. Wu Xiangdong joined Yu Jian in leaving China Resources Land for China Fortune Land Development,… Read More>>
Jim Yip Makes Way for Alvin Yip at C&W’s China Capital Markets Team
Jim Yip, the longtime managing director and co-head of Cushman & Wakefield’s capital markets division for Greater China, has resigned his position for “personal reasons,” the international property consultancy said Wednesday.
The Shanghai-based building broker’s responsibilities will be taken over… Read More>>
Hong Kong Home Prices Set to Drop 10% in Next 12 Months Says Moody’s
Hong Kong home prices have dropped for the past two months, but any investors dismayed by the market turn after 29 months of climbing prices should get ready for more of the same, according to analysts keeping a watch on… Read More>>
HK’s Causeway Bay Again Home to World’s Priciest Shopping Street
Russell Street in Hong Kong’s Causeway Bay outstripped Fifth Avenue in Manhattan to become the world most expensive retail street for the first time in five years, according to a survey of retail locations released this week.
Shops and mall… Read More>>
Hong Kong Real Estate Deals Dropped 65% in Q3
Hong Kong’s real estate market went from red hot to frostbitten between June and October, with purchases of property assets in the city dropping by as much as 65 percent from the previous quarter in some market sectors.
Real estate… Read More>>
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