Singapore’s hospitality sector is expected to lead its Asia Pacific competitors as travel recovers around the region, with occupancy rates and room revenues seen returning to their pre-pandemic levels by late 2024, according to a report by Schroders Capital on… Read More>>
Singapore Real Estate Investment Falls 70% as Commercial Market Freezes Over
With borrowing costs rising and economic uncertainty growing, real estate investment in Singapore has slumped for a second consecutive quarter with investor commitments to major property purchases dropping 70 percent for the period through 30 September compared to the preceding… Read More>>
Ivanhoe, Oxford, Allianz See Tech Firms Driving Singapore Opportunities
https://player.vimeo.com/video/761448780?h=73a2c947e2Video can’t be loaded because JavaScript is disabled: MTD Singapore Forum Keynote (https://player.vimeo.com/video/761448780?h=73a2c947e2)
As Singapore’s commercial property market slows down, industry leaders from major fund managers Ivanhoe Cambridge, Oxford Properties and Allianz Real Estate continue to… Read More>>
Hong Kong Slips to Number Five on UBS List of Real Estate Bubbles
Hong Kong’s declining housing market may have a silver lining as the city has fallen to fifth place on a list of the world’s riskiest housing markets compiled by a Swiss bank, which measured residential prices in 25 leading cities… Read More>>
Singapore Prime Office Rents Surged 1.4% in Q3 Despite Darkening Global Picture
Prime office rents in Singapore’s Raffles Place/Marina Bay precinct leapt 1.4 percent in the third quarter compared with the previous three-month period to hit S$10.51 ($7.30) per square foot per month, as the city-state continues to provide a safe harbour… Read More>>
Price Record at Singapore’s Suntec City Broken for Third Time in Four Months
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>>
Mingtiandi to Bring Singapore Real Estate Leaders to Global Audience on MTD TV
The countdown is on to next week’s Mingtiandi Singapore Focus Forum, which offers the choice of attending in person at the ParkRoyal Collection Hotel in Marina Bay or watching online worldwide.
Mingtiandi’s first-ever hybrid event, bringing together representatives of the… Read More>>
Singapore’s Stamford Land Selling Auckland Hotel to Alvarium Consortium for Record $94M
Stamford Land is making New Zealand’s biggest ever divestment of a single hospitality asset by selling its sole five-star hotel in Auckland to a consortium led by local hotel owner and operator CP Group for NZ$170 million ($94.28 million),
In… Read More>>
SC Capital Hires Man Yik Chiu as Head of Asset Management for RECAP Fund Series
Singapore-based SC Capital Partners has bolstered its team with four senior hires, led by the addition of Man Yik Chiu to take charge of asset management for the private equity firm’s opportunistic fund series.
After most recently overseeing assets for… Read More>>
Watch Retailer Buys Office Floor Along Singapore’s Orchard Road for $34M
A Singapore watch retailer has decided it’s time to own office space, and has sprung for an entire floor of an office building near Singapore’s Orchard Road shopping belt for S$49 million ($34.42 million).
Cortina Holdings, a Singapore-based distributor of… Read More>>
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