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Singapore’s CDL Loses Second Director Over Loss-Making Mainland Investment

2020/12/30 by Christopher Caillavet Leave a Comment

For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns about the Singaporean firm’s investment in mainland Chinese developer Sincere Property Group.

The resignation of independent non-executive director Koh… Read More>>

Corinthian House at 279 Tottenham Court Road in the British capital

Hong Kong’s K&K Buys Pair of London Office Buildings for £180M

2020/12/29 by Michael Cole Leave a Comment

The UK narrowly avoided crashing out of the EU without a trade deal last week, but London may still seem like a haven of stability to investors from places facing their own economic challenges, as Hong Kong developer K&K Property… Read More>>

Singapore Office Rents Set to Rise in 2H 2021

2020/12/29 by Christopher Caillavet Leave a Comment

Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in Singapore are likely to rise in the second half of 2021, driven by a limited supply of new Grade A space… Read More>>

Stephen Ng Tin-hoi Wharf

Wharf Wins Parcel at Hong Kong’s Peak With Record-Breaking $1.6B Bid

2020/12/24 by Christopher Caillavet Leave a Comment

Hong Kong developer Wharf Holdings Ltd on Wednesday announced its acquisition of the city’s priciest piece of residential land ever as it won a government auction of a site on Victoria Peak.

The blue-chip builder agreed to pay HK$12 billion… Read More>>

Paul Tham Keppel REIT

Keppel REIT to Add Southern Singapore Tower to Portfolio for $492M

2020/12/23 by Christopher Caillavet Leave a Comment

Singapore’s Keppel REIT on Wednesday said it had entered into an agreement to acquire a 100 percent stake in Keppel Bay Tower, an office building in the city-state’s HarbourFront area, from Keppel Land Ltd, as the trust seeks to capitalise… Read More>>

lee-kok-sun GIC

GIC, ESR Announce $750M India Warehouse Development JV

2020/12/22 by Christopher Caillavet Leave a Comment

Singaporean sovereign fund GIC and Hong Kong-listed developer ESR are pursuing their mutual interest in India’s industrial real estate market — this time together — with the launch of a $750 million joint venture to build and acquire industrial and… Read More>>

(From left)Oliver Tong, Joseph Tsang, Alex Barnes

Hong Kong Office Rents Could Fall 10% in 2021 After New Leases Slid 39% This Year

2020/12/21 by Christopher Caillavet 1 Comment

Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.

This year… Read More>>

Stanley Wong - Colliers

Colliers HK Brings Aboard CBRE’s Stanley Wong in Capital Markets Refresh

2020/12/21 by Christopher Caillavet Leave a Comment

Colliers Hong Kong has hired former CBRE veteran Stanley Wong as senior executive director for capital markets and investment services, aiming to accelerate growth and attract new clients to the real estate brokerage.

Wong recently left CBRE, where he had… Read More>>

Emilia Teo TE Capital

Singapore’s TE Capital Joins Japan Buying Surge with $50M Tokyo Apartment Portfolio

2020/12/20 by Michael Cole Leave a Comment

A private equity affiliate of Singaporean developer Tong Eng Group has joined a growing wave of international investors chasing opportunities in Japanese rental apartments with a $50 million purchase of a Tokyo portfolio.

On 18 December TE Capital Partners, acting… Read More>>

Michael Wong Wai-lun

Hong Kong Kicks Off Tender for Central Waterfront Site

2020/12/20 by Michael Cole Leave a Comment

The government of Hong Kong has officially begun marketing a slice of Central district’s waterfront to developers, but a depressed property market has dampened expectations for the trophy land sale.

The city’s Lands Department announced on Friday that it had… Read More>>

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