Asia Pacific real estate investment news and information
Office rents in Hong Kong’s prime Central district fell 2.4 percent in February from month-earlier levels as tenants citywide gave back more Grade A space than they took up, according to JLL.
The overall market recorded a negative net absorption… Read More>>
Mainland Chinese buyers account for 70 percent of primary market sales of Hong Kong luxury homes worth at least HK$30 million ($3.8 million) since the removal of cooling measures last month, up from less than 50 percent before the curbs… Read More>>
International students in Australia have surpassed their pre-COVID numbers, delivering a boost to purpose-built student housing and driving a reallocation of capital into the sector, according to JLL.
Last year saw the number of international students exceed the previous 2019… Read More>>
A new chairman for one of Singapore’s largest developers leads this week’s review of personnel moves in Asia’s real estate industry, as a dynasty moves into a new generation. Also in the news is a future CEO for an Indian… Read More>>
Singapore investment manager Sun Venture has made its first hospitality bet by acquiring a 280-key hotel in central London from UK asset manager Resolution Property for less than £100 million ($126.5 million), according to market sources familiar with the transaction.
JLL has named Tim Graham as global lead of international and strategic capital for its capital markets division, an appointment described by the property consultancy as affirming Asian capital and assets being “front and center of the global conversation.”
Graham,… Read More>>
With Seoul finishing 2023 as one of the world’s strongest office markets, Keppel REIT could be set to cash in the sturdy rents and resilient capital values in the Korean capital, as it markets an office tower in the city’s… Read More>>
Goldman Sachs expects Hong Kong’s residential property prices to recover in 2025 after hitting bottom this year, with that story leading today’s headline roundup. Also in the news, the UK’s Coller Capital leases a partial floor in The Henderson in… Read More>>
Chris Fossick has left his longtime role as JLL’s Southeast Asia CEO and joined the board of London-based developer Native Land.
Fossick will sit as a non-executive director at Native Land, whose projects include the Bankside Yards mixed-use development in… Read More>>
China outpaced all Asia Pacific countries in fourth-quarter commercial real estate deals, with asset purchases by state-owned groups propelling a 50 percent year-on-year rise in mainland investment volume to $11.1 billion, according to JLL.
While Asia’s biggest economy led the… Read More>>
