Asia real estate and outbound investment news
Hong Kong’s office leasing market stabilised in April with rental and vacancies flat as authorities relaxed restrictions as a surge in coronavirus cases eased, according to JLL.
In the consultancy’s latest Hong Kong Property Market Monitor, net absorption – a… Read More>>
Amazon is reportedly nearing a deal to lease as much as 350,000 square feet (32,516 square metres) of office space at the under-construction IOI Central Boulevard Towers in downtown Singapore.
The e-commerce giant is said to be in advanced talks… Read More>>
Hongkong Land has welcomed a former tenant back to its Central office portfolio after 15 years, announcing that global law firm White & Case had taken up three floors at York House, the developer’s Grade A office tower at 15… Read More>>
Cryptocurrency has begun to show its real-world utility as demand for office space from start-ups dealing in bitcoin, NFT and blockchain is helping to offset downsizing from multinational banks and other traditional occupiers in Hong Kong, according to Savills research.
Office rents in Singapore’s central region are predicted to jump by 3 to 5 percent this year on tight supply, improved leasing sentiment and a bigger portion of the workforce returning to the office, according to analysts at Knight Frank… Read More>>
Hong Kong’s office leasing market shook off a sluggish first half of 2021 as tenants rediscovered their appetites for desk space, although average rents still suffered a full year decline after a steeper drop in 2020, according to research from… Read More>>
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>>
Tech giant Amazon has moved into a new home spanning three floors of Singapore’s Asia Square One office tower, bringing a high tech hipster style to the city’s banker-dominated Marina Bay financial hub.
Occupying over 100,000 square metres (1.08 million… Read More>>
Hong Kong’s office market showed signs of revival after a prolonged slump as more tenants leased fresh space than gave up old offices for the first time in two years.
Net absorption of Grade A space in the world’s most… Read More>>
The ongoing financial crisis facing some of China’s largest developers continued to dominate the headlines today with investors pushing spreads for Chinese high yield bonds to record highs as Evergrande Group continues to crumble and a range of smaller builders… Read More>>
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