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Christina Hau Shun

Asia Real Estate People in the News 2022-02-07

2022/02/07 by Michael Cole Leave a Comment

Top level moves in Hong Kong and Singapore lead this week’s collection of personnel changes around the region, including a new boss at Champion REIT and a former Keppel REIT chief resurfacing at competitor CapitaLand.

We also… Read More>>

Ong Jeun Jye Sun Venture

Singapore’s Sun Venture Closes on $201M Buy of WeWork London Asset

2022/02/03 by Beatrice Laforga Leave a Comment

Singapore’s Sun Venture has completed its acquisition of a freehold office building in central London from WeWork Capital Advisors for £148 million ($201 million), keeping up a string of acquisitions by Asian investors that helped drive a record 15 trades… Read More>>

Singapore Lifts Data Centre Ban, But Will Cap Capacity, Require Efficiency

2022/01/13 by Beatrice Laforga Leave a Comment

The Singapore government is lifting a 2019 moratorium on new data centre construction and will once again allow construction of new server facilities within its borders, provided that they meet criteria for energy efficiency, according to a statement on Tuesday.

… Read More>>

Eric Choo Raffles

Asia Real Estate People in the News 2022-01-10

2022/01/10 by Michael Cole Leave a Comment

A new year’s wave of job changes continues to roll across the region, with Raffles Infrastructure losing its head in Singapore, Jerde’s APAC boss taking over the architecture firm’s top spot globally and Shui On Land continuing to reshape its… Read More>>

Leonard Tay Knight Frank

Singapore Real Estate Investment Could Drop by One-Fifth in 2022

2022/01/08 by Beatrice Laforga Leave a Comment

Investment in Singapore’s real estate market is projected to drop by up to 22 percent this year after the city-state notched S$25.8 billion ($19 billion) in total deals in 2021, as the impact of residential cooling measures kicks in and… Read More>>

South Bay Road

Tender in Hong Kong’s Repulse Bay Could Yield City’s Priciest Housing Site Ever

2021/12/28 by Christopher Caillavet Leave a Comment

A residential development site in Hong Kong’s exclusive Repulse Bay area will go up for sale in a public tender opening on 31 December, the government announced late last week.

The land parcel on South Bay Road, known as Rural… Read More>>

David Sin

Orchard Area Tower Put Up for Sale After Sin Capital’s $442M Bond Flop

2021/12/27 by Christopher Caillavet Leave a Comment

Eight months after Sin Capital Group unloaded its Robinson Road headquarters, a mixed-use building near swanky Orchard Road formerly owned by the Singapore private equity firm has been put up for sale at an indicative price of S$600 million ($442… Read More>>

AEW, Jason Lee

AEW Buys Hong Kong Hotel From Chuang’s Consortium for $210M

2021/12/21 by Beatrice Laforga Leave a Comment

AEW Capital Management has agreed to purchase a Kowloon hotel from Chuang’s Consortium International Ltd for HK$1.65 billion ($210 million) as hospitality to rental residential conversions come into vogue amid Hong Kong’s extended travel slump.

The Boston-based fund manager has… Read More>>

Yo-Hann Tan

Asia Real Estate People in the News 2021-12-06

2021/12/06 by Michael Cole Leave a Comment

Senior level shifts at Savills Investment Management, KKR and Knight Frank lead Mingtiandi’s roundup of personnel moves from around Asia this week, with the Mandarin Oriental Hotel Group, JLL and Link REIT also announcing promotions and taking on fresh talent.

… Read More>>

Uptick in Hong Kong Office Rents Snaps 28-Month Slump

2021/11/29 by Christopher Caillavet Leave a Comment

Average office rents in Hong Kong’s Grade A office market rose 0.2 percent in October from the month before, their first increase since rates last peaked in May 2019, according to JLL.

On a net effective rental basis, average tariffs… Read More>>

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