Capital markets dominate this week’s people moves, with a seasoned real estate executive joining a Singaporean private equity firm as portfolio manager, and the CEO of a REIT manager stepping down. A serviced office brand has just welcomed a leasing… Read More>>
Hong Kong Housing Starts Dropped 33% in 2017 After 2016 Surge
Hong Kong saw a 33 percent plunge in the number of private residential units that started construction last year, falling from 25,500 in 2016 to 17,000, according to figures from the city’s Transport and Housing Bureau.
Although the decline may… Read More>>
Regus Takes 2 Floors at Gaw’s Kwun Tong Project and More Hong Kong Real Estate Headlines
The continuing rise of flexible office providers leads Hong Kong’s real estate news again today as Regus is said to take up two floors in a former industrial building in the Kwun Tong area of Kowloon East. Also in the… Read More>>
Goodman Sells Mainland Logistics Portfolio to China Everbright PE Division
Australian industrial developer Goodman Group has sold a portfolio of seven Chinese logistics assets to the real estate private equity arm of China Everbright Limited. While no financial terms were disclosed, the deal for around nine percent of Goodman’s total… Read More>>
JLL Leads $3.8M Funding Round in Proptech Startup Foyr
Global real estate consultancy JLL is taking another bet on proptech innovation by leading a $3.8 million Series A funding for 3D visualisation startup Foyr.
JLL is joined by other individual and non-institutional investors for the funding round in the… Read More>>
Asia Real Estate People in the News 2018-01-15
Leading this week’s roundup of job changes, a legal industry veteran has taken on a real estate-focussed role at a British law firm that is ramping up its presence in Asia, while a Singaporean property group has announced a burst… Read More>>
BlackRock Buys Pair of Shanghai Office Buildings From PGIM for RMB 1.2B
PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, an office property in Shanghai’s Putuo District to Blackrock according to JLL which advised PGIM on the disposal.
The US alternative investment giant… Read More>>
Asia Real Estate People in the News 2018-01-08
Asia’s property industry is heading into the second week of January with a blizzard of job changes. Today’s roundup of people moves includes a real estate executive joining a Singapore-based realty firm, and a property investment veteran taking a new… Read More>>
JLL Names CK Lau Head of Valuations for Asia in Reshuffle
JLL announced personnel changes to its Greater China valuation business on the first day of 2018, in a bid to better serve the needs of clients and the firm, the property consultancy said in a press release. The change comes… Read More>>
Mainland Demand Drove Hong Kong Office Rents Still Higher in November
Grade A office rents in Hong Kong’s Central district continued to rise in November, edging upwards by 0.3 percent compared to the previous month, despite a slight increase in vacancy in the city’s prime business district, according to a recently… Read More>>
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