North Asia proved to be the most resilient slice of the Asia Pacific region in the fourth quarter of 2020 as Japan, China and South Korea recorded a jump in real estate transactions, according to research by JLL.
Drawing on… Read More>>
Japan’s Unizo Teeters on Edge of Bankruptcy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a creditor calls into question the solvency of Japanese hotel operator Unizo, Singapore home sales reach their highest level in more than two years, and the retreat of foreign banks from pricey Hong… Read More>>
Sydney and Singapore Join World’s Top 10 Data Centre Markets
Sydney and Singapore rank among the world’s premier data centre markets, claiming the third and fifth spots in a top 10 dominated by US cities, according to research by Cushman & Wakefield.
For its study, the property consultancy evaluated 1,189… Read More>>
Keppel DC REIT Installs New CEO After Distributions Grew 20% in 2020
The board of Singapore’s top-performing REIT on Monday announced the formal appointment of Anthea Lee as chief executive, effective immediately, after receiving the required regulatory approval.
Lee assumes the top job at Keppel DC REIT after serving as deputy CEO… Read More>>
Fifth Wall Launches First Proptech SPAC With $345M IPO
Proptech investment firm Fifth Wall this past week celebrated the closing of the $345 million IPO for the venture capital firm’s first special purpose acquisition company (SPAC), the built-world-oriented Fifth Wall Acquisition Corp I.
Trading on the NASDAQ exchange under… Read More>>
Blackstone Said Buying Warburg Pincus India Logistics JV for $700M
Already India’s largest office landlord, Blackstone may soon become the country’s biggest warehouse owner through the purchase of a 22 million square foot (2 million square metre) logistics joint venture, according to local news reports.
Having acquired more than 1… Read More>>
Tech Firms Set to Lease 20% of APAC Office Space as Mainland Giants Expand
Technology occupiers led by Chinese groups are poised to transform Grade A office markets in Asia Pacific, accounting for at least a fifth of regional leasing demand from 2020 to 2025, according to research from Colliers International.
The need for… Read More>>
Site on Hong Kong’s Peak Draws 5 Bids and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a pricey piece of Hong Kong land picks up five bids at a government tender, luxury brand Prada plans to exit one of its largest Shanghai storefronts, and Singapore’s Keppel Corp assumes full… Read More>>
Join the Mingtiandi Multi-Family Investment Forum 2021 MTD TV Productions
As he COVID-19 pandemic has cast a pall over the prospects for investments globally, investments in the rental residential sector jumped by 157 percent during the first six months of 2020, compared to a year earlier.
To better understand… Read More>>
Mapletree Said Buying Would-Be Uber HQ in San Francisco Bay Area for $420M
Singapore’s Mapletree Investments is making another bet on the future of the US tech economy as the Temasek Holdings-controlled real estate firm is linked to the pending sale of an office building in the San Francisco Bay Area.
The Uptown… Read More>>
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