Allianz Real Estate has moved forward with a deal to acquire a half-stake in one of Singapore’s flagship office properties in a bet on the long-term health of the city’s core office market.
The property investment arm of the European… Read More>>
Shanghai Core Office Rents Fell 6.7% Last Year as Vacancy Climbs
Shanghai office rents ended 2020 as they began it — in a persistent decline — despite a boost from leasing activity in fringe areas, according to research by global property consultancy JLL.
Rents in Shanghai’s prime office locations fell 1.3… Read More>>
JLL Names New Country Heads for Singapore, Thailand
Global property consultancy JLL on Tuesday announced a set of personnel moves in Southeast Asia, headlined by the promotion of Chris Archibold to country head for Singapore and Michael Glancy to the same role in Thailand.
Archibold, JLL’s head of… Read More>>
Asia Pacific Property Investment Set to Rise 15-20% in 2021 Says JLL
Real estate investment volume in Asia Pacific is poised to rebound with up to 20 percent growth in 2021, led by liquidity-rich North Asia, according to a JLL report.
In its outlook for Asia Pacific capital markets, the property consultancy… Read More>>
JLL Promotes Oscar Chan to Lead HK Capital Markets Team
JLL on Monday announced the promotion of Oscar Chan to head of capital markets for Hong Kong, effective this month.
The eight-year JLL veteran will focus on advising clients on real estate investment opportunities in the city, as… Read More>>
Hong Kong’s K&K Buys Pair of London Office Buildings for £180M
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 adds… Read More>>
Hong Kong Office Rents Could Fall 10% in 2021 After New Leases Slid 39% This Year
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>>
Makati Tower Sells for $128M in Manila and More Asia Real Estate Headlines
The year’s biggest commercial property deal in the Philippines leads this edition of our regional news roundup, which also features Korean investors snapping up a Dutch logistics centre after a drone-enabled inspection and a bankrupt Indian “shadow lender” attracting… Read More>>
LaSalle Promotes APAC Head Mark Gabbay to Global CEO
After raising and deploying a series of successful property ventures, the Asia Pacific boss of LaSalle Investment Management is advancing to the fund manager’s top job.
LaSalle, an operationally independent arm of property services firm JLL, announced on Monday that… Read More>>
Anny Zhang Named Head of JLL East China as Eddie Ng Departs
JLL has announced new leadership for East China with the appointment of Anny Zhang as managing director of the region’s business operations.
Zhang, a 15-year veteran of the global property services firm, will succeed Eddie Ng to become the first… Read More>>
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