Hong Kong’s office market continued to slide in December, with the vacancy rate for Grade A space in Central surpassing 7 percent for the first time since 2004, according to JLL.
In its Property Monitor Report released Monday, the real… Read More>>
JLL Recruits Finance Veterans to Fill Japan, India Leadership Posts
Global property consultancy JLL made a pair of leadership appointments in Asia in the past week, looking outward to hire Ken Sakuramoto as head of equity advisory for Japan and Radha Dhir as chief executive for India.
Based in Tokyo,… Read More>>
Tom Woolhouse Joins JLL in Singapore to Lead APAC Industrial Team
With warehouse properties continuing to grow in importance as an asset class, JLL’s regional operation is devoting some fresh resources to the sector, according to an announcement this week.
The global real estate consultancy on Tuesday announced the appointment of… Read More>>
Allianz Fund Buys Stake in SG Tower for $477M, Picks Up Shanghai Office Complex
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 Property… 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>>
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