Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land markets in the first half of the year, but the retail sector picked up notably after the February border reopening, according to… Read More>>
German Asset Manager Marketing Singapore Office Building for $350M
German asset manager Union Investment is set to test investor appetite for Singapore commercial real estate as agents begin marketing an office block near the Orchard Road shopping strip at an asking price of S$470 million ($350 million).
JLL and… Read More>>
Singapore Office Rents Flatten in Q2 as New Projects Enter the Market
Grade A office rent growth in Singapore’s central business district slowed for a third straight quarter and nearly ground to a halt in the April-to-June period of 2023, according to JLL.
Gross effective monthly rent for CBD Grade A office… Read More>>
Asia Real Estate People in the News 2023-07-03
Troubled mainland developers lead this week’s roundup of personnel moves from around Asia as four Hong Kong-listed builders see top officials depart. Also making the list is a new CFO at Hong Kong Shanghai Alliance and we have updates from… Read More>>
GLP, Heitman, JLL and BEI Group See Opportunity in Hong Kong Industrial Upgrades
https://player.vimeo.com/video/840731422Video can’t be loaded because JavaScript is disabled: Industrial Panel – MTD Hong Kong Forum (https://player.vimeo.com/video/840731422)
Hong Kong’s ageing industrial stock is creating opportunities for developers and fund managers ready to create modern warehouses, cold chain… Read More>>
Asia Real Estate People in the News 2023-06-26
Director departures and appointments at Hong Kong-listed companies lead this week’s list of personnel changes from around Asia, with Kerry Properties losing a non-executive board member and top level changes at three property management firms. Also in the news are… Read More>>
Asia Real Estate People in the News 2023-06-19
Leading this week’s roundup of people moves from around Asia is the migration of a top level BlackRock executive. Also making the list is the Asia CEO of UK investment firm Chelsfield, who has joined the board of a Singapore… Read More>>
Asia Real Estate People in the News 2023-06-12
The future of a Singapore-listed infrastructure trust leads this week’s review of hirings and promotions from around the region, as a Keppel-managed vehicle lines up a new CEO. A new money guy for Hong Kong’s Rosewood Hotels also makes the… Read More>>
Thai Hospitality REIT Liquidates With $106M Sale of Jakarta, HCMC Hotels
After going public less than six years ago, Thailand-listed Strategic Hospitality REIT has sold its entire three-hotel portfolio for $106.1 million, narrowly avoiding an imminent loan default.
The disposal of the three assets — the five-star Pullman Jakarta Central Park… Read More>>
Morgan Stanley Leasing Five Floors at IOI Central Boulevard in Singapore
Morgan Stanley is defying a slowing office market to lease five floors at the upcoming IOI Central Boulevard Towers building in Singapore’s downtown core, Mingtiandi has learned.
The New York investment bank has signed a binding pre-lease agreement with Malaysian… Read More>>
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