Mingtiandi’s review of personnel moves from around the Asia leads this week with a scion of one of Hong Kong’s best-known families adding a new position to his roster of roles at the clan’s businesses. Also making the list is… Read More>>
Speaker Bio: Tetsuya Kaneko of Savills Japan MTD TV Productions
Kaneko is the Managing Director and Head of Research & Consultancy at Savills Japan, where he oversees research publications in Japan and consulting services across a diverse range of asset classes. He has a wealth of experience and has guided… Read More>>
Pair of Orchard Road Floors Sell for $53M to Set New Singapore Record
Just two weeks after a new price record was set for a commercial floor on Singapore’s Orchard Road, a two-floor transaction at S$4,988 ($3,896) per square foot has shattered that market benchmark for office space in the Lion City.
Luxury… Read More>>
Oxford, Ivanhoe, Savills, PropertyGuru Predict APAC Buying Opportunities at Singapore Forum
The success of Singapore property owners in staving off discounted assets sales has Southeast Asia’s wealthiest nation playing catch-up in the region’s real estate recovery, even as the market begins to recover, according to top investors, advisors and analysts speaking… Read More>>
Asia Real Estate People in the News 2024-09-02
Mingtiandi’s first review of personnel moves for the month of September starts out with a top level appointment at a Malaysia fund and one of Japan’s largest developer’s making a senior hire in Singapore. Also on the list are a… Read More>>
Receivers Field Offers for Former Cheung Kei Hong Kong HQ After 64% Drop in Value
Receivers for creditors of Cheung Kei Group have received at least two offers for the defaulted mainland property firm’s former Hong Kong headquarters after the grade A property lost nearly two-thirds of its value over the past two years.
Market… Read More>>
Singapore Private Real Estate Investment Up 27% in Q2 as Market Confidence Recovers
Private investment in Singapore real estate rose 26.7 percent in the second quarter of this year, compared to the same period in 2023, to reach S$3.32 billion ($2.47 billion), following some major transactions in the city-state’s urban core.
The jump… Read More>>
Mansions on Hong Kong’s Peak Sold to Touchscreen Tycoon for $141M to Repay Gaw Loan
A set of four mansions in Hong Kong’s prestigious Peak area have sold for HK$1.1 billion ($141 million), marking a 50 percent decline from the height of the market in 2021, as even the city’s elite show signs of financial… Read More>>
PGIM Real Estate Nears Sale of Pair of Office Floors on Singapore’s Robinson Road
PGIM Real Estate is closing in on deals to sell a pair of office floors in downtown Singapore after completing renovations on the 12-storey building between Tanjong Pagar and Raffles Place.
“We have received firm offers and are close to… Read More>>
Tokyo Office Rents Inched Upward in Q1 as Tenants Seek Upgrades
Tokyo’s office market continues to defy the global deskspace doldrums with rents expected to continue rising and vacancy to remain tight for the rest of 2024, signaling further strength for one of Asia’s hottest real estate investment destinations.
Average Grade… Read More>>
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