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>>
SilkRoad Achieves $549M Final Closing of 2nd Pan-Asia Fund
SilkRoad Property Partners on Wednesday announced the final closing of its latest real estate fund, SilkRoad Asia Value Partners II (SAVP II), at $549 million, exceeding the investment manager’s $500 million target.
The company announced its latest financial milestone after… Read More>>
Asia’s Real Estate Industry Catches Up in Tech Adoption: Mingtiandi Survey
Just 35 percent of Asia property professionals see the region trailing the West in adopting real estate technology, according to a survey conducted by Mingtiandi, compared with 56 percent who felt that way three years ago.
The change in use… Read More>>
Chinese Developer Completes $450M NASDAQ Listing and More Asia Real Estate Headlines
Asia’s real estate world starts the second full week of the new year with a US unit of a mainland developer going public on the NASDAQ through a backdoor listing at a $450 million valuation.
Also in… Read More>>
Asia Real Estate People in the News 2021-01-11
As 2021 enters its second full week, there is an upswing in real estate industry leaders checking in from new work locations, as Blackstone brings on board a top level political veteran to advise its Japanese operation.
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