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Gan Ling SF REIT

Asia Real Estate People in the News 2023-01-09

2023/01/09 by Michael Cole Leave a Comment

Top-level moves in Hong Kong lead this week’s collection of personnel changes in Asia’s real estate world, with a logistics REIT changing over non-executive directors, a fund manager making a promotion on its property team and a listed developer adding… Read More>>

GB I and GB II Towers Seoul Korea

BentallGreenOak Buys Pair of Seoul Office Towers for $297M

2023/01/05 by Christopher Caillavet Leave a Comment

Seoul-based EDN Investment Management has sold a pair of mid-rise office towers in the South Korean capital to BentallGreenOak for KRW 385 billion ($297.3 million) amid volatile financial conditions in the local market.

The firm had acquired the GB I… Read More>>

Seo Won-joo NPS

Asia Real Estate People in the News 2023-01-02

2023/01/02 by Michael Cole Leave a Comment

Reports of a new head of investment for one of Asia’s largest pension funds lead Mingtiandi’s first roundup of personnel moves for 2023, with Malaysia’s GuocoLand also making the list. Besides those updates, a former Shanghai developer was handed 19… Read More>>

Nelson Wong JLL

Hong Kong Office Leasing Pulls Back in November as Vacancy Nears 12%

2022/12/22 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market in November saw tenants give back 44,400 square feet (4,125 square metres) more than they took up as leasing activity slowed towards year-end and large spaces became available in some submarkets, according to JLL.

… Read More>>

PF-Rody-Allan-flip

APAC Property Investment Slump to Continue in 2023 With Hotels to Outperform

2022/12/22 by Christopher Caillavet Leave a Comment

Asia Pacific real estate investment volume is expected to fall by 5-10 percent in 2023, narrowing from an estimated decline of 25 percent in 2022, as tumultuous economic and financing conditions continue to weigh on sentiment, according to JLL.

Hotels… Read More>>

Singapore Home Sales Hit Eight-Year Low as Stocks Dry Up

2022/12/15 by Beatrice Laforga Leave a Comment

Singapore’s new private home sales dropped to an eight-year low in November as developers depleted their inventories and home prices continued to rise across the city-state.

Developers’ sales, excluding executive condominiums, fell for a second month, dropping by 17.3 percent… Read More>>

TAkashi Ueda Mitsui Fudosan

Asia Real Estate People in the News 2022-12-12

2022/12/12 by Michael Cole Leave a Comment

One of Japan’s largest developers has chosen a new top executive and news of that changeover leads this week’s roundup of personnel moves from around the region, while the manager of a Singapore REIT of mainland assets announces that its… Read More>>

URA Chairman Peter Ho Hak Ean

Singapore Boosts Land Supply by 17% to Tame Rising Housing Prices

2022/12/11 by Beatrice Laforga Leave a Comment

After seeing housing prices rise in defiance of escalating interest rates and punitive stamp duties, Singapore authorities have announced plans to sell more housing sites during the first half of 2023 than in any period over the past decade.

In… Read More>>

Stuart Crow JLL

APAC Real Estate Investment Fell 29% in Q3 as China Led Slowdown

2022/11/29 by Mingtiandi Team Leave a Comment

Asia Pacific real estate investment fell 29 percent year-on-year in the third quarter as cautious investors fretted over rapid currency depreciation against the dollar and the rising cost of debt, a report said this past week.

JLL’s Asia Pacific Capital… Read More>>

Ou Zongrong Zhenro

Asia Real Estate People in the News 2022-11-28

2022/11/28 by Michael Cole Leave a Comment

Top-level turnover at mainland developers leads Mingtiandi’s roundup of personnel movements from around Asia again this week, as Zhenro Group becomes the latest defaulting builder to see its chairman step aside and Longfor Group names a new board member. Also… Read More>>

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