Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.
Swire Properties announced to the… Read More>>
Colliers Hires CBRE Vice Chair to Head Japan Business
Toronto-based Colliers International has appointed former CBRE vice chair of capital markets Yukihiro Ogasawara as its new managing director and chairman of its Japan operation, according to a statement by the company earlier this month.
Based in Tokyo, Ogasawara… Read More>>
Singapore Ready to Remove Manager of Hotel REIT After Legal Breaches
The Monetary Authority of Singapore has seen enough of the ongoing saga of Eagle Hospitality Trust, with the country’s central bank saying on Monday that it aims to remove the manager of the hotel REIT.
In an announcement on its… Read More>>
Blackstone, Actis Predict Continued Growth for APAC Data Centres on MTD TV Asia Data Centre Forum 2020
https://player.vimeo.com/video/472487607?h=c96ae99573Video can’t be loaded because JavaScript is disabled: Mingtiandi Asia Data Centre Forum 2020: Investment Funds and APAC Data Centres (https://player.vimeo.com/video/472487607?h=c96ae99573)
Data centres in Asia Pacific are expected to maintain their industry-leading growth, but investors should be… Read More>>
Hong Kong Office Market Decline Tapers Off in September
Hong Kong’s troubled Grade A office market saw rents fall again in September, albeit at a slower pace, as vacancies continued to climb in most districts.
Rents contracted further across all major office submarkets in the financial hub, according to… Read More>>
JLL Appoints Veteran Leasing Broker Fisher to Lead Vietnam Office
Global real estate consultancy JLL has named Paul Fisher as its new country head of Vietnam. Based in Ho Chi Minh City, Fisher will succeed Stephen Wyatt after the latter’s relocation to the UK.
Fisher will lead the firm across… Read More>>
Hong Kong Tycoon Sells Floor in the Center for $126.5M as Downturn Drags On
With tenants continuing to hand back offices in Hong Kong’s traditional business district, a local tycoon has sold off a floor in the Center on Queen’s Road after marketing the commercial asset for two years, according to market sources.
David… Read More>>
Alpha Investment Partners Reaches $295M First Close on Latest Asia Fund
Just ten months after launching its latest value-add fund, Alpha Investment Partners has raised $295 million, including co-investment, for the Asia Pacific real estate vehicle, according to a statement this week.
The financing has allowed the private fund management division… Read More>>
Savills IM Reaches $200M First Close on Japan Residential Fund
Savills Investment Management has become the latest fund manager to bet on Japan’s multi-family sector this year with the announcement of a $200 million financing round today.
The investment management affiliate of London-based Savills raised the cash to reach a… Read More>>
Ontario Teachers Leads $360M Investment in Data Centre Developer Princeton Digital
Asia’s data centres continued to win over investors this week as one of Canada’s largest pension fund managers agreed to lead a $360 million financing round for Princeton Digital Group.
The Ontario Teachers’ Pension Plan is joining Warburg Pincus, which… Read More>>
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