In this edition of our news roundup, Ascendas REIT sets its sights on an Australian logistics property as its next holding, Keppel Land prepares to divest itself of a London office building, and Swire announces a collaboration with Sino-Ocean on… Read More>>
Swire Properties Names Cathay’s Martin Murray to Board in Financial Reshuffle
Facing its toughest year of the century, Hong Kong’s Swire Group has named new financial leadership at three of its biggest units, according to an announcement to the Hong Kong stock exchange this week.
Michelle Low, a 23-year veteran of… Read More>>
Zoom to Set Up R&D Centre in Singapore and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, video conferencing juggernaut Zoom announces a big expansion in Singapore, Hong Kong retains its crown as the world’s priciest city for expats, and Guocoland draws unwanted attention from Malaysia’s stock exchange over unusual… Read More>>
Gaw Capital, Schroder Pamfleet Lead HK$9.8B Buy of Swire’s CityPlaza One
An investment consortium led by fund managers Gaw Capital Partners and Schroders Pamfleet have agreed to buy the CityPlaza One office building in Hong Kong from Swire Properties, braving declining office leasing activity to make the city’s largest acquisition of… Read More>>
Swire in Talks to Sell Cityplaza One in Hong Kong
Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.
Swire Properties announced to the… Read More>>
TikTok Owner Bytedance Expands in Singapore and More Asia Real Estate Headlines
Singapore office landlords received some good news today as China’s Bytedance follows through on earlier talk of expanding its presence in the city-state with three-storey lease near Raffles Place.
While the maker of TikTok is enlarging its office footprint, Singapore’s… Read More>>
Regulators Block Loans for CK Asset Chengdu Deal and More Asia Real Estate Headlines
China’s “three red lines” rules introduced last month appear to already be having an impact with Li Ka-shing’s sale of a Chengdu project said to be endangered by the new guidelines on restricting credit to indebted developers, according to a… Read More>>
Swire Properties Profit Falls 90% on Valuation Slide and More Asia Real Estate Headlines
Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.
Also… Read More>>
Asia Real Estate People in the News 2020-08-03
Once the preserve of those not stylish enough for retail or slick enough for office, industrial real estate specialists lead Mingtiandi’s round-up of people moves this week as a GLP veteran teams up with a Li & Fung director to… Read More>>
Swire Sells Pair of Miami Office Buildings for $163M and More Asia Real Estate Headlines
One of Hong Kong’s best-known developers leads the news today with Swire Properties having confirmed that it has sold a pair of office buildings in downtown Miami despite the city being wracked by the COVID-19 pandemic.
Back on the shores… Read More>>
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