James Macdonald was appointed as Head of Savills Research, China in 2007. He has the overall responsibility to ensure the successful delivery of research across mainland China, advise key clients and stakeholders of the latest market trends and future business… Read More>>
Singapore Real Estate Investment to Jump 10% in 2024: Savills
Investment in Singapore real estate is expected to jump 10 percent this year to as much as S$23 billion ($17.1 billion), driven by residential and retail transactions, according to Savills.
The bullish forecast takes into account rising activity in government… Read More>>
Asia Real Estate People in the News 2024-01-15
A senior-level promotion at the world’s largest private equity firm leads this week’s review of personnel moves from around Asia, with Blackstone promoting a top member of its Singapore-based team. Also making the cut is Partners Group losing its head… Read More>>
Hong Kong’s Wharf Puts Mall in Singapore’s Orchard Area on Market for $338M
Hong Kong-based real estate firm Wharf Real Estate Investment Company (Wharf REIC) is marketing a luxury mall along Singapore’s Orchard Road for S$450 million ($338 million) as the rejuvenation of the premier shopping strip gathers speed.
Its Singapore development subsidiary,… Read More>>
Investment in Japanese Hotels Jumps 50% as Foreign Investors Pile In
With Japan’s tourism sector on the rebound, global players have ramped up purchases of hospitality assets in Asia’s second largest economy, with foreign investors accounting for more than 60 percent of hotel acquisitions in the country during the first three… Read More>>
Hong Kong Warehouse Rents Fell 0.5% in Q3 Amid Trade Weakness
Warehouse rents in Hong Kong declined 0.5 percent year-on-year in the third quarter of 2023 as logistics demand continued to diminish and warehouse tenants refrained from actively seeking expansion opportunities, according to Savills.
The Asian finance hub’s logistics sector has… Read More>>
North Point Theatre Sold for Reported $128M in Hong Kong’s Latest Occupier Buy
A landmark theatre in Hong Kong’s North Point district has been sold for a reported HK$1 billion ($128 million) in the latest sign of occupiers buying Hong Kong properties for their own use, as end users look to lower their… Read More>>
Mall Rents in Singapore’s Orchard Area Up 1.3% in Q3 as Visitors Return
Mall rents in Singapore’s famed Orchard Road shopping area inched up by 1.3 percent in the third quarter from the preceding three months on the back of a rebound in travel and the ongoing rejuvenation in the area.
Average passing… Read More>>
Oxford, Ivanhoe, KIC, Savills See Singapore, India as Top Investment Destinations
https://player.vimeo.com/video/884400730Video can’t be loaded because JavaScript is disabled: Mingtiandi Singapore Forum 2023: Keynote Panel (https://player.vimeo.com/video/884400730)
With interest rates on the rise, trades of income earning real estate assets fell 61 percent in Australia this year and… 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>>
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