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>>
PAG Buying Mapletree Anson From MPACT for $574M in Singapore’s Biggest Deal of 2024
Mapletree Pan Asia Commercial Trust (MPACT) is selling its flagship office building in downtown Singapore to regional private equity titan PAG for S$775 million ($574 million), in a deal which will rank as the city-state’s largest office transaction in two… Read More>>
Asia Real Estate People in the News 2024-05-27
India business parks are booming and new leadership CapitaLand’s large footprint office space in the country leads this week’s review of personnel moves from around the region. Also covered this week is a change in command in Kaisa Group’s property… Read More>>
Asia Real Estate People in the News 2024-05-20
A pair of senior level moves in India lead Mingtiandi’s roundup of Asia personnel moves this week with a top developer saying goodbye to its chief executive and CapitaLand’s India REIT promoting from within. Also making the list is a… Read More>>
Project Completions Boost Hong Kong Office Leasing Deals as Vacancy Hits 13.1%
Tenants in Hong Kong’s Grade A office market took up 137,000 square feet (12,728 square metres) more than they gave back in March, with leasing demand driven by occupiers realising pre-commitments at newly completed projects, according to JLL.
The citywide… Read More>>
Japan, South Korea Deals Boost APAC Real Estate Investment by 13%: JLL
Asia Pacific was the sole global region to see growth in commercial real estate investment in the first quarter of 2024, as deal volume rose 13 percent year-on-year to reach $30.5 billion, according to JLL.
The mature markets of North… Read More>>
Asia Real Estate People in the News 2024-04-22
A fresh update from the head of Shenzhen’s Kaisa Group leads this week’s collection of personnel moves from around the region with the once-detained, twice-defaulted entrepreneur being named to the board of Kaisa’s property management unit. Also making the list… Read More>>
Seoul Office Rents Grew 2.4% in Q1, Now Up 9.4% From March 2023
Seoul’s office market continues to defy a global slowdown as rents for workspace in the Korean capital climbed by 2.4 percent quarter-on-quarter in the first three months of the year, according to JLL.
Office tenants paid an average monthly rent… Read More>>
Singapore Downtown Office Rents Revived in Q1 to Reach 15-Year High: JLL
After a brief slump in the second half of 2023, office rents in downtown Singapore jumped 1.3 percent on a quarterly basis in the first three months of 2024 to hit a 15-year high, according to JLL.
Gross effective rents… Read More>>
MSCI’s David Green-Morgan Returns to JLL in APAC Senior Advisor Role
JLL on Tuesday announced the appointment of David Green-Morgan as senior advisor for Asia Pacific capital markets research, with the veteran analyst having left his prior post at MSCI Real Assets in March.
In the newly created role, Green-Morgan will… Read More>>
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