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james siu savills

Private Equity Props Up HK Industrial Market Amid Slowing Rental Growth

2022/10/18 by Christopher Caillavet Leave a Comment

Private equity investors remain keen on Hong Kong’s industrial market even as prolonged external uncertainties and strict quarantine measures have begun to infiltrate the logistics segment, according to Savills.

The city’s merchandise trade fell by 2.4 percent in the first… Read More>>

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

Price Record at Singapore’s Suntec City Broken for Third Time in Four Months

2022/10/12 by Beatrice Laforga Leave a Comment

Adding to the string of record-breaking deals in Singapore’s Suntec City, a Thai investor is reportedly purchasing the top floor of one of the commercial complex’s office towers for S$39.7 million ($27.6 million), an industry source confirmed to Mingtiandi.

Level… Read More>>

Suntec City Singapore

Mainland Buyer Pays Record Price for Floor in Singapore’s Suntec City

2022/10/04 by Beatrice Laforga Leave a Comment

An office floor in Singapore’s Suntec City has sold for S$41.14 million ($28.77 million), according to a social media post by Savills on Monday, with an industry source identifying the buyer as a mainland Chinese individual.

Floor 31 in the… Read More>>

raymond Lee Savills

Receivers Kick Off Fresh Tender for $1.15B Evergrande Centre in Hong Kong

2022/09/25 by Michael Cole Leave a Comment

Savills has launched a fresh tender for the sale of the China Evergrande Centre in Hong Kong, just two weeks after receivers appointed by the defaulting developer’s creditors seized the Wan Chai office tower valued at around HK$9 billion ($1.15… Read More>>

Zheng Wei Kaisa

Asia Real Estate People in the News 2022-09-12

2022/09/12 by Michael Cole Leave a Comment

China’s defaulting developers lead this week’s list of personnel moves from around the region as a pair of Hong Kong-listed players announce changes to their senior management. Also making the list is a former ARA Asset Management deputy CEO who… Read More>>

Jeremy Lake, Managing Director, Investment Sales and Capital Markets, Savills Singapore

Speaker Bio: Jeremy Lake of Savills Singapore MTD TV Productions

2022/09/01 by Mingtiandi Team Leave a Comment

Jeremy Lake is the Managing Director of the Investment Sales & Capital Markets team in Savills Singapore.

Jeremy has worked in the Singapore market since 1991 and has seen first-hand multiple cycles across all the asset classes. He has worked… Read More>>

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

Singapore Ties With NYC for World’s Fastest Rising Housing Rents

2022/08/03 by Beatrice Laforga Leave a Comment

Singapore has tied with New York City in recording the highest rental growth rate for luxury homes globally, according to a Savills report published Friday, as demand for urban living rebounds and a growing number of ultra-rich individuals are willing… Read More>>

Jennifer Weitzel GLP

Asia Real Estate People in the News 2022-07-25

2022/07/25 by Michael Cole Leave a Comment

A pair of senior level hires in the data centre sector lead this week’s collection of personnel moves from around the region with both GLP and the former Colony Capital expanding their teams. Also making the list is a new… Read More>>

Chang Rui Hua ESR

ESR Wins Logistics Site in Hong Kong’s Kwai Chung With $668M Bid

2022/07/21 by Pawara Laothamatas Leave a Comment

ESR has acquired its second project ever in Hong Kong, having shouldered aside two competing bids to secure a logistics site at the city’s Kwai Chung container port for nearly HK$5.26 billion ($668.7 million), according to an announcement made late… Read More>>

Simon Smith of Savills

Mainland Influx Sustains Hong Kong Luxury Apartment Rents

2022/07/09 by Christopher Caillavet Leave a Comment

Hong Kong’s luxury residential rents saw modest signs of a rally in the second quarter as the fifth wave of COVID-19 receded and tenants from mainland China drove the city’s high-end leasing market, according to Savills.

Luxury rents on Hong… Read More>>

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