After benefitting from a RM 1.35 billion ($320 million) capital injection by the Malaysian Investment Development Authority (MIDA) three years ago, Melaka attracted over 17 million visitors last year, moving the city on the southwestern coast of the Malay peninsula… Read More>>
CBRE Notches HK$916M Tai Tam Mansions Sale and More Agency Wins Mingtiandi Broker Battle
While things have grown quieter in Hong Kong’s normally buzzing real estate market, CBRE scored a win with the combined HK$916 million ($117 million) sale of two luxury houses overlooking Tai Tam Bay, one of which sold for over $HK100,000… Read More>>
Office Vacancy in Hong Kong’s Central District Rises to 3-Year High
Vacancy in Hong Kong’s normally red-hot Central office market, which boasts the most expensive commercial property in the world, rose to a three-year high in July amid increasing economic uncertainty, according to JLL’s latest Property Market Monitor report.
The property… Read More>>
China Jumps to Second Most Liquid Real Estate Market Globally in 2019 1H Sponsored Feature
China’s commercial real estate market has been the second-most liquid in the world this year, driven by an increase in both foreign and domestic investment.
Commercial real estate transaction volumes in China hit a record high of US$25 billion in… Read More>>
JLL Scores with S$1.6B Singapore Duo Deal and More Agency Wins Mingtiandi Broker Battle
A pair of Singapore deals top the tables in this edition of Mingtiandi’s round up of agency wins, with JLL helping to ink the S$1.6 billion ($1.2 billion) acquisition of the Duo Tower and Duo Galleria by Allianz Real Estate… Read More>>
JLL Names Ting Lim as Head of Capital Markets for Singapore
JLL has promoted Ting Lim to head of capital markets for Singapore, the property services firm revealed to Mingtiandi today.
The capital markets executive and Singapore local, who joined JLL in 2004, has stepped up to her new role amid… Read More>>
Asia Real Estate People in the News 2019-08-05
In this week’s edition of People in the News, Singapore’s UOL Group has announced that Frasers Hospitality’s former chief executive officer will be taking up a new role at UOL Group subsidiary Pan Pacific Hotels Group, after 23 years with… Read More>>
APAC Real Estate Investment Reaches Record $86B in First Half of 2019
Real estate transaction volumes in Asia Pacific hit a historic high of $86 billion in the first half of 2019, an increase of six percent year on year, despite property investment dropping by nineteen percent globally, according to a recent… Read More>>
Commerzbank Sells 71 Robinson Road in Singapore to Sun Venture for S$655M
A unit of Germany’s Commerzbank is selling an office tower in Singapore’s central business district at a 12 percent mark-down, some eleven years after purchasing the 13-storey office tower for S$744 million (now $542.79 million).
Commerz Real has sold 71… Read More>>
JLL Names China Valuation Chief in Singapore
JLL has appointed Singapore-based Joseph Lee as senior director of its China valuation advisory division to drive the growth of its valuation business across Asia Pacific, according to an announcement by the company.
JLL plans to leverage Lee’s experience in… Read More>>
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