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Annie Woo Savills

Savills Appoints Annie Woo to Roll Out Integrated Advisory Service in Asia

2023/02/16 by Christopher Caillavet Leave a Comment

Savills has named Annie Woo as its regional director and head of integrated real estate advisory services for Asia, based in Singapore.

IREAS is a new Savills service line dedicated to a wide spectrum of urban development and optimisation advisory… Read More>>

China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower

2023/02/10 by Beatrice Laforga Leave a Comment

Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week.

With the tower at 180 George Street in Circular Quay… Read More>>

Matthew Ong, CEO of SLB Development

Singapore’s SLB Buys South Bridge Road Commercial Assets From Hwa Hong for $10M

2023/02/06 by Beatrice Laforga Leave a Comment

Singapore-listed builder SLB Development has picked up a pair of low-rise office buildings between the city-state’s Boat Quay and Clarke Quay areas with plans to renovate or redevelop the ageing assets near the Singapore River, Mingtiandi has learned.

The property… Read More>>

AT Capital founder and group chairman Arvind Tiku

Singaporean Family Office AT Capital Buys Warsaw Mixed-Use Project

2023/01/30 by Greg Isaacson Leave a Comment

AT Capital Group has completed its acquisition of a project in central Warsaw, Poland, where the Singaporean family office is mulling the development of a 41-storey mixed-use commercial and residential tower.

Savills advised the investment firm controlled by Indian-born billionaire… Read More>>

Southpoint Tanjong Pagar

Office Units in Singapore’s Tanjong Pagar Sell for $25M in Record-Breaking Deal

2023/01/18 by Christopher Caillavet Leave a Comment

A mere month after an Orchard Road commercial building set a new city-wide mark, an office tower in downtown Singapore has recorded its highest-ever price paid per square foot after a set of strata units in the building sold for… Read More>>

Simon Smith of Savills

Hong Kong Strata Industrial Sales Crash 66% in Q4 as Supply Chain Woes Continue

2023/01/10 by Greg Isaacson Leave a Comment

Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics market weighed on local third-party logistics (3PL) operators, while sales of stratified industrial space plunged 66 percent during the quarter,… Read More>>

Simon Smith of Savills

Hong Kong Retail Rents Not Likely to Rise More Than 5% in 2023

2022/12/30 by Christopher Caillavet Leave a Comment

Investors hoping for a major turnaround in Hong Kong’s retail market in the new year may need to adjust their expectations, with property services firm Savills predicting that currently depressed rents are unlikely to rise by more than 5 percent… Read More>>

Asok Kumar Hiranandani Royal Group

Singapore’s Hiranandani Buying Orchard Road Commercial Building in Record $127M Deal

2022/12/18 by Beatrice Laforga Leave a Comment

Singapore’s Royal Group has agreed to buy a commercial building near the city’s Orchard Road shopping strip for S$172 million ($126.7 million), setting a city-wide record high price per square foot of buildable area as it plans to redevelop the… Read More>>

Alan Cheong, Alan Cheong, executive director for research at Savills

Singapore Shops Sees Vacancy Fall to Pre-Pandemic Levels

2022/12/05 by Beatrice Laforga Leave a Comment

Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest level since 2019 and prime rents began heading northward, according to a recent report.

The average vacancy level for retail space in… Read More>>

guo guangchang

Fosun Said Shopping $1B Cainiao Stake and More Asia Real Estate Headlines

2022/11/24 by Michael Cole Leave a Comment

Warehouse bargains lead Mingtiandi’s list of real estate headlines today as debt-laden Fosun is said to be looking for a buyer for its stake in Alibaba’s logistics unit. Also in the news, the UK’s Actis buys up more renewables in… Read More>>

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