China’s HNA Group, once one of the country’s most prolific global investors, has been sued by its creditors for failure to pay debts and is entering bankruptcy, according to a series of recent statements by the parent company of Hainan… Read More>>
UK Developer Grosvenor Appoints Kozo Hiratani as Japan President
Privately held Grosvenor on Monday announced the appointment of Kozo Hiratani as president of the UK property group’s business in Japan, effective 1 February.
Hiratani has extensive experience in the real estate industry, having worked at Mitsui Fudosan for 25… Read More>>
JLL Recruits Finance Veterans to Fill Japan, India Leadership Posts
Global property consultancy JLL made a pair of leadership appointments in Asia in the past week, looking outward to hire Ken Sakuramoto as head of equity advisory for Japan and Radha Dhir as chief executive for India.
Based in Tokyo,… Read More>>
Seoul Office Deals Reached Record $12.1B in 2020 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Seoul records another banner year in office transactions, Singapore developer CapitaLand warns of a likely 2020 loss, and China Evergrande enjoys a sizeable fundraising for its electric vehicle arm.
Seoul… Read More>>
Logistics Real Estate Experts Join MTD TV Proptech Forum This Week
Warehouses are rapidly being transformed from simple sheds to multi-purpose fulfilment centres, with developers and operators rapidly adding new tech systems to meet the needs of e-commerce platforms, according to a trio of experts who will be appearing on MTD… Read More>>
Shanghai Core Office Rents Fell 6.7% Last Year as Vacancy Climbs
Shanghai office rents ended 2020 as they began it — in a persistent decline — despite a boost from leasing activity in fringe areas, according to research by global property consultancy JLL.
Rents in Shanghai’s prime office locations fell 1.3… Read More>>
Tishman Speyer Promotes Wilson Chen to CEO of China Business
Tishman Speyer has announced the promotion of Wilson Chen to chief executive of the New York-based real estate firm’s China operation.
Chen joined Tishman Speyer in 2010 and most recently served as senior managing director and chief investment officer for… Read More>>
How COVID-19 Ramped Up Proptech Adoption: Watch on MTD TV
The COVID-19 pandemic has been a key accelerator of tech adoption by real estate companies in Asia, according to research by Mingtiandi which is set to be released on Tuesday, 19 January.
In a survey conducted last year, some 60… Read More>>
Singapore Office Rents May Dip 5% in 2021 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Knight Frank issues a bearish forecast for Singapore office rents, official figures show a cooling China housing market, and Hong Kong’s first major property launch of the year draws a horde of eager… Read More>>
Hillhouse Adds Former Blackstone, Soho China Exec to Growing Real Estate Team
Mainland private equity firm Hillhouse Capital is continuing to build out its real estate capabilities as the company recently welcomed a former Blackstone managing director to its property investment team.
Yan Yan, who left Blackstone in late 2020 after a… Read More>>
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