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Deutsche Asset Manager Makes SG’s First Major Logistics Buy of 2020

2020/05/10 by James Hatton Leave a Comment

Deutsche Bank’s asset management arm has acquired a warehouse asset in western Singapore, braving the COVID-19 downturn to make the Southeast Asian financial mecca’s first major logistics acquisition of the year.

DWS, which was formerly known as Deutsche Asset Management,… Read More>>

IHG Pins Hopes on China as Revenue Plunges 80% and More Asia Real Estate Headlines

2020/05/10 by James Hatton Leave a Comment

The owner of the Holiday Inn brand leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the London-listed hotel group is pinning its hopes on China’s recovery as the hospitality industry faces the… Read More>>

jack ma Alibaba

Alibaba Buys 50% of SG’s S$1.7B AXA Tower From Perennial Consortium

2020/05/06 by James Hatton Leave a Comment

Alibaba has agreed to acquire a 50 percent stake in Singapore’s AXA Tower in a deal that values the landmark office property at S$1.68 billion ($1.2 billion) in one of the few major transactions the city has seen this year.

… Read More>>

wework hong kong

Neumann Accuses Softbank of Abuse of Power and More Asia Real Estate Headlines

2020/05/06 by James Hatton Leave a Comment

A messy breakup leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the co-founder and former CEO of coworking giant WeWork has accused Softbank of abuse of power.

In other news around the… Read More>>

hong kong housing

Citi Says HK Home Prices to Rise 10% This Year and More Asia Real Estate Headlines

2020/05/05 by James Hatton Leave a Comment

Hong Kong’s unsettled property market leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that a major US bank has predicted that home prices in the city will rise by as much as ten percent… Read More>>

HK Hotels Closing as Over 90% Run Losses and More Asia Real Estate Headlines   

2020/04/28 by James Hatton Leave a Comment

Hong Kong’s troubled hospitality sector leads the way in Mingtiandi’s roundup of Asia real estate headlines today as falling occupancy forces the closure of many of the Asian financial hub’s struggling hotels.

In other news around the region, the bondholders… Read More>>

Tricia Song Colliers

Leases of Singapore Office Space Contract for First Time in Three Years

2020/04/26 by Michael Cole Leave a Comment

Take-up of office space in Singapore has contracted for the first time since March 2017, according to government figures released on Friday.

Absorption of office space across Southeast Asia’s wealthiest city fell by 75,347 square feet (7,000 square metres) during… Read More>>

Sunac Wins Tianjin Housing Plot for RMB 1.2B and More Asia Real Estate Headlines

2020/04/23 by James Hatton Leave a Comment

A land sale in a masterplanned eco-city in China leads Mingtiandi’s roundup of Asia real estate headlines today as a mainland developer plunks down RMB 1.2 billion ($170 million) got a 1.2 million square foot residential parcel.

In other news… Read More>>

pua seck guan perennial

Perennial Sells Remaining Stake in Singapore Complex to Shun Tak for S$155M

2020/04/16 by Michael Cole Leave a Comment

Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the Southeast Asian financial hub’s biggest property sale so far in 2020.

The SGX-listed developer announced today that it has agreed to sell… Read More>>

christine li Cushman

Singapore Real Estate Investment Fell by 33% in Q1 2020

2020/04/16 by James Hatton Leave a Comment

Property investment collapsed in Singapore in the first three months of the year, as the COVID-19 pandemic threatened to pitch the city into its first recession in two decades.

Sales of hospitality assets disappeared completely, while office investments plunged to… Read More>>

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