The year of the pig is now fully underway in the lunar calendar-loving parts of Asia, and along with their red envelopes, a number of lucky executives also seem to have received fresh jobs for the new year. In Shanghai… Read More>>
Investment in Hong Kong Commercial Real Estate Fell 27% in 2018
Investment in Hong Kong’s commercial real estate market dipped 27 percent in 2018, compared to the previous year, reaching a 12 month total of HK$126 billion ($16 billion) despite a furious start to the year, according to a recent report by… Read More>>
Foreign Investors Key to Maintaining China Commercial Real Estate Investment in 2018
Commercial real estate investment in mainland China reached a record RMB 463 billion ($68.5 billion) in 2018, although growth compared to the previous year slowed to just 9.5 percent.
The year on year rate of increase was close to four… Read More>>
Edward Cheung Retires, KK Chiu Named Head of Greater China for C&W
Edward Cheung, Chairman of the Asia Pacific Board and Chief Executive Officer for Greater China at Cushman & Wakefield, has announced his retirement from the property consultancy, after more than 26 years with the firm, and ten years as regional… Read More>>
Gaw Buys Four Shanghai Office Blocks From China Resources for Reported RMB 2.8B
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>>
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