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the-center- hong-kong

Hong Kong Tycoon’s Heirs Marketing Offices in The Center at 43% Off

2025/05/01 by Iris Hong Leave a Comment

Heirs to the fortune of Hong Kong’s late “Minibus King” have dropped their price for two units in The Center, marking a record low for what was once Hong Kong’s most expensive office building.

Two units on the 27th floor… Read More>>

382 Lockhart Road Wanchai

‘Bargain Hunter’ to Swallow Loss on Renovated Wan Chai Tower

2025/05/01 by Iris Hong Leave a Comment

Another Hong Kong property developer is ready to swallow a loss amid the ongoing slump in asset prices in the city, seeking to sell his 19-floor holding in a Wan Chai office building for around 10 percent less than he… Read More>>

Hong Kong home sales

Hong Kong Home Prices Fall to 9-Year Low as Trade War Dims Outlook

2025/05/01 by Iris Hong Leave a Comment

Hong Kong home prices fell for a fourth straight month in March, dropping 0.49 percent from February to drag an official index to the lowest level in nearly nine years despite a rebound in transactions.

Home prices fell 7.8 percent… Read More>>

GLP J-REIT executive director Yuma Kawatsuji

GLP J-REIT Selling Saitama, Fukushima Warehouses for $160M to Meet Divestment Target

2025/04/30 by Christopher Caillavet Leave a Comment

GLP J-REIT has agreed to sell three warehouse assets to an undisclosed buyer for JPY 23.5 billion ($160 million), marking the Tokyo-listed trust’s biggest disposal to date.

The set of properties includes two sheds in Greater Tokyo’s Saitama prefecture and… Read More>>

Tokyo Garden Terrace Kioicho

APAC Real Estate Investment Volume Up 20% in Q1 as Cross-Border Deals Soar: JLL

2025/04/30 by Christopher Caillavet Leave a Comment

Commercial real estate investment in Asia Pacific jumped 20 percent year-on-year in the first three months of 2025 to $36.3 billion, marking the highest first-quarter volume since the 2022 rate-hike cycle began, according to JLL.

The total got a boost… Read More>>

URA chief executive officer Lim Eng Hwee

Developers Shun Residential Site Near Singapore’s One North Amid Growing Uncertainty

2025/04/29 by Christopher Caillavet Leave a Comment

The latest tender for a residential plot in Singapore’s One-North R&D hub closed Tuesday with no bids, as economic jitters and the site’s own negatives proved a deal-breaker for the city-state’s cautious developers.

The Urban Redevelopment Authority announced the news… Read More>>

Bart Price, Vita Partners

Vita Partners CEO Bart Price to Appear in Interview at Mingtiandi Singapore Forum on 13 May

2025/04/29 by Michael Cole Leave a Comment

Just a few months after taking the helm of Asia Pacific’s largest life science real estate joint venture, former Abu Dhabi Investment Council executive Bart Price will take the stage at the Mingtiandi Singapore Forum on 13 May to share… Read More>>

Stuart Gibson, ESR Group Co-founder and Co-CEO

ESR, Stack Break Ground on 18MW First Phase of Greater Osaka Data Centre Campus

2025/04/29 by Christopher Caillavet Leave a Comment

Hong Kong-listed industrial giant ESR and US hyperscaler Stack Infrastructure have extended their partnership into Japan by starting construction of an 18-megawatt data centre in Keihanna, a suburban server-hosting hotspot east of Osaka.

Dubbed KIX01A, the building marks the first… Read More>>

Steven Bass Link REIT

Link Points to Japan Expansion with Hire of Tokyo-Based Nuveen Executive

2025/04/28 by Michael Cole Leave a Comment

Link Asset Management continues to expand its fund management initiative, announcing on Monday that it has hired former Nuveen executive Steven Bass as head of Japan investments for its Link Real Estate Partners division.

Formerly a senior director with the… Read More>>

Amara Holdings chairman and CEO Albert Teo

Amara Chairman Leads $392M Privatisation Bid for Singapore Hotel Group

2025/04/28 by Christopher Caillavet Leave a Comment

Singapore’s Amara Holdings has received a buyout offer from parties led by the Teo family that controls the company, setting the stage for a deal that would value the SGX-listed hotel owner and operator at S$514.6 million ($391.9 million).

DRC… Read More>>

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