China’s economy grew by 6.3 percent in the second quarter, compared to a year earlier, showing that the country is on track for recovery, although with challenges still remaining, many companies have adopted a “wait-and-see” approach to big decisions, such… Read More>>
Frasers Lands Green Loan for Singapore Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-based Frasers Property refinances a large loan coming due next month, and Hong Kong investor Eric Chu tries to dump assets in a weak market. Also making the cut are developers on the… Read More>>
Equinix Adding Fourth Mumbai Data Centre and More Asia Real Estate Headlines
One of the largest data centre operators in the US is expanding its India footprint with the news of Equinix’ latest Mumbai location leading today’s roundup of headlines. Also in the news, Hong Kong’s Hysan keeps profits steady despite some… Read More>>
IWG Takes Over Last Ucommune Space in Hong Kong as Four Centres Open
Flexible office giant IWG is adding four new centres in Hong Kong after taking over the last location in the city of a one-time Chinese rival to WeWork and launching three new locations on Hong Kong Island.
IWG last month… Read More>>
China Office Surge Challenges Landlords to Enhance Facilities, Services Sponsored Feature
Office landlords in China’s largest commercial hubs are rolling out more than 10 new projects in 2023, challenging owners of existing properties to compete for tenants and align their offerings with changing occupier demand, according to agency statistics.
In Shanghai… Read More>>
How Flexible Office Partnerships Can Boost Occupancy in China Sponsored Feature
Average vacancy in Shanghai’s grade A office market reached 16.5 percent at the end of 2022, according to the most recent report from Cushman & Wakefield, with the broad range of choices available to occupiers putting pressure on landlords to… Read More>>
Asia Real Estate People in the News 2022-10-24
More turnover at defaulting Chinese developers leads this week’s collection of regional personnel moves with Shanghai’s CIFI losing a business development leader. Also announcing changes were SGX-listed Frasers Property which named a pair of new directors to its board, and… Read More>>
Swire Tower in Hong Kong Opens as IWG Flexible Office Centre
Flexible office giant IWG this past week announced the opening of a new venue occupying all 18 floors of Swire Properties’ 8 Queen’s Road East in Wan Chai, adding 67,000 square feet (6,224 square metres) of flexible space to Hong… Read More>>
IWG Opening New Centre at Former WeWork Space in Swire Wanchai Tower
Flexible office giant IWG is preparing to open its 18th Hong Kong outlet and fifth in a former WeWork location in the city, this time in a newly refurbished building owned by blue-chip developer Swire Properties.
Scheduled to open in… Read More>>
IWG Takes Over WeWork’s Former Hong Kong Flagship in Causeway Bay
Flexible office giant IWG’s sixth Spaces centre in Hong Kong will open at WeWork’s former flagship location in Causeway Bay’s Tower 535, becoming the fourth IWG outlet in the city to be grafted onto a space vacated by the once-highflying… Read More>>
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