Knight Frank and Savills have been appointed to jointly advise on the sale of their client’s interest in Menara Citibank, located in the heart of Kuala Lumpur’s business district and just a few hundred metres from the iconic Petronas Twin… 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>>
Singapore Businessman Tied to China’s ‘Copper King’ and More Asia Real Estate Headlines
A businessman tagged under a Singapore law on foreign interference is tied to a mainland mining tycoon, with that story leading Mingtiandi’s headline roundup today. Also in the news, Indian real estate consultancy Anarock raises $24 million to expand its… Read More>>
Knight Frank Expands Capital Advisory Team in Singapore
Knight Frank’s Singapore office has brought on board a former Lendlease executive and imported a director from its London operation, as the UK-based property consultancy expands its capital markets team in the region.
The London-based property consultancy announced this week… Read More>>
Singapore Deal Volume Fell 32% in 2023 as Government Land Sales Dominated
Singapore’s property market felt the pressure of rising interest rates in 2023 with investment plunging 31.8 percent to S$21.1 billion ($15.9 billion), according to Knight Frank.
Residential deals, comprising mostly government land sales, amounted to S$10.3 billion or 47.7 percent… Read More>>
Zhuhai Wanda Seeks to Delay Hong Kong IPO and More Asia Real Estate Headlines
Wang Jianlin’s Dalian Wanda Group leads today’s roundup of real estate news from around the region, as the mall developer struggles to get creditors to agree to a delay in its Hong Kong IPO. Also in the headlines, a pair… Read More>>
Savills’ Galven Tan to Join Knight Frank Singapore as CEO
Veteran investment broker Galven Tan has agreed to join Knight Frank in Singapore as the property consultancy’s chief executive, according to an announcement today, ending a four-year stint at Savills.
Since joining Savills from CBRE in 2019, Tan has advised… Read More>>
Asia Real Estate People in the News 2023-10-30
India data centres lead this Halloween edition of People in the News, with a Brookfield – Digital Realty joint venture naming a new chief executive. Also making the list, Bain Capital has lured over a former Goldman exec to lead… Read More>>
Singapore Developer Sales Slump 8.5% in Q3 as Housing Market Cools
Singapore’s housing market continues to show signs of cooling with average prices for new private homes rising by just 0.8 percent in the third quarter from the preceding three months after sliding 0.2 percent in the second quarter, according to… Read More>>
Singapore’s The Assembly Place, Apricot Capital Launch Student Housing Project
Singapore co-living investor and operator The Assembly Place has opened the doors to its largest student housing complex to date in a joint venture with Apricot Capital, the family office of instant coffee king David Teo.
The partners spent S$46… Read More>>
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