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(From left)Oliver Tong, Joseph Tsang, Alex Barnes

Hong Kong Office Rents Could Fall 10% in 2021 After New Leases Slid 39% This Year

2020/12/21 by Christopher Caillavet 1 Comment

Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.

This year… Read More>>

Stanley Wong - Colliers

Colliers HK Brings Aboard CBRE’s Stanley Wong in Capital Markets Refresh

2020/12/21 by Christopher Caillavet Leave a Comment

Colliers Hong Kong has hired former CBRE veteran Stanley Wong as senior executive director for capital markets and investment services, aiming to accelerate growth and attract new clients to the real estate brokerage.

Wong recently left CBRE, where he had… Read More>>

The sale of 15-85 Gladstone Street is expected to be completed on 31 March next year.

Chip Eng Seng Selling Melbourne Project to Greystar and More Asia Real Estate Headlines

2020/12/21 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a trust tied to US developer Greystar buys an Australian property from Singapore’s Chip Eng Seng, Canadian insurer Sun Life makes a big bet on Japanese office assets, and Hong Kong steels… Read More>>

Emilia Teo TE Capital

Singapore’s TE Capital Joins Japan Buying Surge with $50M Tokyo Apartment Portfolio

2020/12/20 by Michael Cole Leave a Comment

A private equity affiliate of Singaporean developer Tong Eng Group has joined a growing wave of international investors chasing opportunities in Japanese rental apartments with a $50 million purchase of a Tokyo portfolio.

On 18 December TE Capital Partners, acting… Read More>>

Soilbuild Group chairman Lim Chap Huat

Blackstone Makes $524.5M Buyout Offer for Singapore’s Soilbuild REIT

2020/12/15 by Michael Cole Leave a Comment

As stable becomes sexy in Asia’s real estate markets, Blackstone is teaming up with the family controlling the sponsor of a Singapore-listed REIT for a S$700.3 million ($524.5 million) offer to buy out the industrial real estate trust.

Funds controlled… Read More>>

John Saunders Blackrock

BlackRock Raises Additional $52.9M for Fifth Asia Real Estate Fund

2020/12/14 by Christopher Caillavet Leave a Comment

BlackRock last week disclosed an additional capital raise for its fifth Asia real estate fund, positioning the asset management giant to gain from a recovery in the regional economy once the COVID-19 crisis fades into the background.

In a filing… Read More>>

Yotta NM-1 Hiranandani

Hiranandani to Invest in IDC, Industrial Parks and More Asia Real Estate Headlines

2020/12/14 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, one of India’s key property groups says it will spend big to build data centres countrywide, Singaporean developer CDL announces plans for the divestment of a hotel on Malaysia’s Penang island, and… Read More>>

vrco neoxcraft

ESR Unveils Plans for Drone Logistics Initiative at Greater Tokyo Project

2020/12/14 by Michael Cole Leave a Comment

Logistics real estate specialist ESR is getting ready for the future of high speed delivery with an initiative to design and demonstrate the world’s first cargo drone facility at Tokyo area warehouse project.

The Hong Kong-listed warehouse developer and fund… Read More>>

william tay ascendas

Ascendas REIT Buying Sydney Office Park for $218M

2020/12/13 by Michael Cole Leave a Comment

Ascendas REIT has added a fifth Australian office park asset to its portfolio, as the Singapore-listed trust bets on continued demand for suburban commercial assets in the wake of the COVID-19 pandemic.

Ascendas Funds Management, which manages the $9.7 billion… Read More>>

jason leow

CapitaLand Launches $300M Multifamily Joint Venture in Austin, TX

2020/12/07 by Michael Cole Leave a Comment

Singapore’s CapitaLand is taking its commitment to the tech economy overseas as Southeast Asia’s largest developer today announced a joint venture to develop apartments in Austin, Texas.

The Temasek Holdings-backed builder says that it has formed a JV with a… Read More>>

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