Mingtiandi’s first review of personnel moves for the month of September starts out with a top level appointment at a Malaysia fund and one of Japan’s largest developer’s making a senior hire in Singapore. Also on the list are a… Read More>>
Central Vacancy Dips to 12% as Hong Kong Office Rent Skid Continues: JLL
Grade A office vacancy in Hong Kong’s prime Central district eased slightly in July even as unused workspace throughout the city rose to 13.7 percent at the end of the month, according to JLL.
Vacancy in Central edged down 0.1… Read More>>
APAC Real Estate Investment Reaches $27B in Third Straight Quarter of Growth: JLL
Commercial real estate investment in Asia Pacific rose 2 percent year-on-year in the second quarter of 2024 to hit $27.3 billion, marking a third straight quarter of growth, according to JLL.
First-half investment volume totalled $57.5 billion, up 7 percent… Read More>>
New Building Debuts Boost Office Vacancy in Hong Kong’s Central to 12.1%
The debut of new office buildings in Hong Kong’s Central district has boosted vacancy in what was once among Asia’s most sought after business locations by 29 percent from a year earlier, according to new figures from JLL.
Some 12.1… Read More>>
Asia Real Estate People in the News 2024-07-22
New leadership for a Singapore-listed REIT leads Mingtiandi’s roundup of personnel moves from around Asia’s real estate industry today, as the trust names a new chief executive. Also making the list is a new executive director for Hong Kong-listed Greentown… Read More>>
Anny Zhang Named JLL China CEO as Bessie Lee Departs Company
JLL has promoted Anny Zhang to CEO for China, with the company veteran succeeding Bessie Lee in the top mainland role at the global real estate consultancy.
Based in Shanghai, Zhang takes the helm at the mainland China business on… Read More>>
Asia Real Estate People in the News 2024-07-15
Asia’s investment centre of gravity continues to shift toward Japan this week with one of the biggest US fund managers naming a new country head for Asia’s second largest economy. With that item leading Mingtiandi’s roundup of personnel moves from… Read More>>
Hong Kong Office Vacancy Hits Record High of 13.6% as Occupiers Move to Downsize
Office vacancy in Hong Kong reached a record high of 13.6 percent at the end of June, as sluggish leasing demand and oversupply drove average office rents in the Asian financial centre down 4.3 percent in the first half of… Read More>>
Asia Real Estate People in the News 2024-07-01
New leadership at a Singapore-listed REIT leads this week’s review of personnel moves from around Asia, as Frasers Centrepoint Trust names a new CFO. Also, major mainland commercial developer has appointed a new chairman and PGIM makes the list with… Read More>>
Asia Real Estate People in the News 2024-06-24
A major European fund manager’s selection of a lead for its new office in Hong Kong leads this week’s roundup of personnel moves from around the region. Also making the list is a JD.com executive exiting to join ADIA and… Read More>>
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