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Martin Lee Ka-shing Henderson Land Development

Henderson Land Prepares to Add to Mid-Levels Site in Hong Kong

2025/01/05 by Christopher Caillavet Leave a Comment

Hong Kong heavyweight Henderson Land has applied for the compulsory sale of an ageing apartment block in the city’s Mid-Levels, aiming to add the asset to a redevelopment site with two already-acquired adjacent buildings.

The blue-chip builder holds 69.23 percent… Read More>>

Andrew Moore, Schroders

Schroders Marketing Commercial Floor at Kowloon Complex After Cancelled Auction

2025/01/05 by Christopher Caillavet Leave a Comment

Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year failed to take place.

The third floor of the Harbourfront Landmark, a residential and commercial complex in Kowloon’s Hung Hom… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Private Home Prices Surge in Q4 on Rate Cuts, 3-5% 2025 Growth Predicted

2025/01/05 by Mingtiandi Team Leave a Comment

Prices for private homes in Singapore rose 2.3 percent in the fourth quarter of 2024, posting the strongest quarterly price growth of 2024 and reversing the previous period’s 1.1 percent decline, according to flash estimates released Thursday by the country’s… Read More>>

Jack Ma (Getty Images)

Alibaba Selling Hypermarket Operator Sun Art to DCP Capital for $1.6B

2025/01/02 by Christopher Caillavet Leave a Comment

The new year finds Alibaba Group continuing its retreat from brick-and-mortar retail, with the e-commerce giant on Wednesday announcing plans to sell its controlling stake in Chinese hypermarket operator Sun Art for HK$12.3 billion ($1.6 billion).

The buyer of the… Read More>>

152 Queen's Road Central

Commercial Building in Hong Kong’s Central Trades for $140M After Bank Pressure

2025/01/02 by Christopher Caillavet Leave a Comment

A commercial tower in Hong Kong’s prime Central district has changed hands for HK$1.1 billion ($140 million) in a distressed sale, according to market sources who spoke to Mingtiandi.

The 28-storey building at 152 Queen’s Road Central traded at HK$18,197… Read More>>

Calvin Yeo, head of occupier strategy and solutions at Knight Frank Singapore

Office Rent Growth Flattens in Downtown Singapore as Big Occupiers Grow Cautious

2025/01/01 by Christopher Caillavet Leave a Comment

Office rent growth in downtown Singapore nearly ground to a halt in the year’s final quarter as renewals continued to form the bulk of market activity, according to Knight Frank.

Prime office rents in the Raffles Place/Marina Bay precinct rose… Read More>>

Yang Huiyan Country Garden

Country Garden Selling Stake in Chipmaker to State-Owned Firm for $270M

2024/12/30 by Christopher Caillavet Leave a Comment

China’s Country Garden Holdings has agreed to sell its stake in a mainland chipmaker for RMB 2 billion ($270 million) as the troubled developer seeks to ease its ongoing cash crunch.

The 1.56 percent stake in Changxin Technology is held… Read More>>

Willis Mak, head of private clients for Greater China at Knight Frank

Hotel Conversions for Student Housing Offer Growth Opportunity in Hong Kong: Knight Frank

2024/12/30 by Christopher Caillavet Leave a Comment

Hong Kong’s student housing market is poised for growth as loosened curbs on foreign student enrolment and a growing trend of hotel conversions offer investment opportunities, according to Knight Frank.

The Hong Kong government has doubled the admission quota for… Read More>>

Lim Ming Yan Changi

Former CapitaLand Boss Lim Ming Yan to Lead Singapore’s Changi Airport

2024/12/29 by Michael Cole Leave a Comment

With Singapore set to expand its international airport by more than half, the country’s Ministry of Finance has named a former chief executive of CapitaLand Ltd to lead Changi Airport Group, according to an announcement on Friday.

Lim Ming Yan,… Read More>>

Arpit Mehrotra, managing director of office services at Colliers India

India Office Leasing Up 14% in 2024, Hitting Record High for Third Straight Year: Colliers

2024/12/29 by Christopher Caillavet Leave a Comment

Office leasing activity across India’s top six cities totalled 66.4 million square feet (6.2 million square metres) in 2024, climbing 14 percent to hit a record high for a third straight year, according to Colliers.

Bengaluru drove demand for Grade… Read More>>

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