A luxury residential tender in Singapore leads today’s roundup of headlines from around the region, with UOL Group winning a site on Orchard Boulevard for $319 million. Also in the news, Brookfield is said to be taking some cash out… Read More>>
Australian Industrial Sector a Top Target for Global Investors in 2024: Cushman & Wakefield Sponsored Feature
Some 89 percent of global property investors intend to deploy capital into Australian industrial properties in 2024, according to a survey by Cushman & Wakefield.
The global commercial real estate services firm has identified A$45 billion ($29 billion) of institutional… Read More>>
Asia Real Estate People in the News 2024-02-19
A top level departure at the biggest name in Aussie finance leads this week’s roundup of personnel moves from around the region, with Korea’s Mastern Investment Management also making a major hire from competitor Mirae. Gaw Capital Partners is on… Read More>>
Cushman & Wakefield Teams With Nuvama for $361M India Office Fund
Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to raise INR 30 billion ($361.4 million) to invest in prime office properties across India’s high-growth markets.
Dubbed NCW, the 50:50 JV of Cushman… Read More>>
New Supply Wave Mutes Shanghai Office Rebound
Shanghai’s office leasing market saw core area absorption rebound in the fourth quarter of 2023 to reach 32,056 square metres (345,048 square feet), the highest reading of the year, but an influx of new supply boosted the Grade A vacancy… Read More>>
Indonesia’s Widjaja Family Marketing Commercial Floor in Singapore’s Orchard Area for $57M
Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company owned by Indonesia’s Widjaja family plans to completely exit the commercial building near the Orchard Road shopping strip.
The… Read More>>
Singapore Home Prices Climb 2.7% in Q4 on Launch of Luxury Projects
Private home prices in Singapore rose by 2.7 percent in the final three months of 2023, compared to the preceding quarter, as slower sales allowed a few luxury project launches to skew a government price index higher, while growth for… Read More>>
Downtown Singapore Office Rent Growth Set to Slow to 2% in 2024 as Supply Surges
Growth in Grade A office rents in downtown Singapore is expected to taper to 2 percent next year from 2023 levels amid a surge in new supply, according to Cushman & Wakefield.
After rising 6.5 percent in 2022 and an… Read More>>
Li Ning Buying Office Tower From Henderson for $283M to Set Up Hong Kong HQ
Chinese gymnastics legend Li Ning made his name being fearless on the pommel horse and rings, and now the sportswear company that bears his name is vaulting into a Hong Kong office market where many investors fear to venture.
China’s… Read More>>
C&W Promotes Mandy Qian to Lead Greater China Business Development
Cushman & Wakefield has promoted Mandy Qian to head of business development services for Greater China, taking over from longtime Shanghai hand James Shepherd, who has returned to the UK.
Qian previously led North China business development services and Greater… Read More>>
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