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Chen Hongtian of Cheung Kei

Receivers Field Offers for Former Cheung Kei Hong Kong HQ After 64% Drop in Value

2024/08/23 by Kevin He Leave a Comment

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>>

Jeremy Lake Savills

Singapore Private Real Estate Investment Up 27% in Q2 as Market Confidence Recovers

2024/07/29 by Michael Cole Leave a Comment

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>>

Biel Crystal founder Yeung Kin-man

Mansions on Hong Kong’s Peak Sold to Touchscreen Tycoon for $141M to Repay Gaw Loan

2024/07/11 by Kevin He Leave a Comment

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>>

David Fassbender PGIM

PGIM Real Estate Nears Sale of Pair of Office Floors on Singapore’s Robinson Road

2024/05/14 by Beatrice Laforga Leave a Comment

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>>

Kohei Kawai, head of research for Colliers Japan

Tokyo Office Rents Inched Upward in Q1 as Tenants Seek Upgrades

2024/05/06 by Beatrice Laforga Leave a Comment

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>>

Winnie Ng King Fook

Asia Real Estate People in the News 2024-05-06

2024/05/06 by Michael Cole Leave a Comment

One of Hong Kong’s most experienced real estate bankers leads this week’s review of personnel moves from around the region, with a shift from stocks and bonds to gold. Also making the list is a Hines exec shifting to Sydney… Read More>>

Sherman Kwek of CDL

CDL-Dominated Building on Singapore’s Orchard Road Up for Sale at $321M

2024/04/18 by Beatrice Laforga Leave a Comment

Singapore’s Orchard Road continues to be a redevelopment hot spot with an ageing building near the Four Seasons and Pan Pacific Orchard hotels launched for sale on Thursday at a reserve price of S$438 million ($321 million).

Delfi Orchard, an… Read More>>

China Multi-Family Thumbnail

LaSalle IM, Greystar, Savills See China Rental Housing Primed for Growth: MTD TV

2024/03/21 by Kevin He Leave a Comment

At the same time that China’s home sales market faces an era-defining crisis, the country’s rental housing sector is becoming increasingly attractive to foreign and domestic institutional investors, according to a panel of experts from LaSalle Investment Management, Greystar… Read More>>

Selena Shi, LaSalle

LaSalle, Greystar, Savills to Explore China Multi-Family Investment on Thursday

2024/03/19 by Christopher Caillavet Leave a Comment

Mingtiandi’s APAC Residential Forum moves ahead Thursday with a look at mainland China’s booming rental housing market and its resonance for global investors in a panel discussion streamed exclusively on the MTD TV video platform.

Selena Shi, managing director of… Read More>>

Hamish MacDonald, BlackRock

APAC Rental Residential Investment in Focus as Mingtiandi Forum Kicks Off Next Week

2024/03/11 by Michael Cole Leave a Comment

With rental apartments ranking as the only major real estate sector to experience growth in deals across Asia Pacific last year, Mingtiandi is preparing to host some of the region’s best known experts on the sector on our MTD TV… Read More>>

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