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Josh Stone Colliers

Colliers Hires Joshua Stone as Senior Director of Office Services in Hong Kong

2023/01/09 by Christopher Caillavet Leave a Comment

Colliers has announced three high-level appointments in Hong Kong, led by the hiring of Joshua Stone to serve as a senior director in the office services department.

Most recently a director in the office leasing advisory at JLL Hong Kong,… Read More>>

China Housing Market

Funding for China Property Firms Jumps 33% and More Asia Real Estate Headlines

2023/01/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, government support delivers a boost to Chinese property firms’ fundraising efforts as Asia’s biggest economy tries to jump-start its ailing real estate sector.

Financing for Chinese Real Estate Firms Jumped… Read More>>

Li Xin China Resources Land

CFLD Offloading $1.8B in Mainland Projects to China Resources Land

2022/12/30 by Greg Isaacson Leave a Comment

China Fortune Land Development is selling its interests in three mixed-use projects in the cities of Wuhan and Nanjing to mainland property giant China Resources Land for a total of RMB 12.4 billion ($1.8 billion), as the default-prone developer moves… Read More>>

Chongqing Skyline

Chongqing Loosens Homebuying Restrictions and More Asia Real Estate Headlines

2022/12/30 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China’s sprawling Chongqing joins the list of mainland cities easing homebuying restrictions, and NYSE-listed Xinyuan Real Estate posts a ballooning loss for the first half of 2022.

Chongqing Joins Dongguan,… Read More>>

Starhill Global REIT chairman Francis Yeoh (Getty Images)

Starhill Global REIT Selling Tokyo Commercial Building for $14M

2022/12/30 by Christopher Caillavet Leave a Comment

Singapore-listed Starhill Global REIT has agreed to sell its Daikanyama commercial building in Tokyo to an undisclosed buyer for JPY 1.88 billion ($14 million).

The price represents a 39.1 percent premium to the latest valuation and a 2.9 percent premium… Read More>>

Simon Smith of Savills

Hong Kong Retail Rents Not Likely to Rise More Than 5% in 2023

2022/12/30 by Christopher Caillavet Leave a Comment

Investors hoping for a major turnaround in Hong Kong’s retail market in the new year may need to adjust their expectations, with property services firm Savills predicting that currently depressed rents are unlikely to rise by more than 5 percent… Read More>>

Shimao Group Chairman Xu Rongmao

Shimao Services Scraps Deal to Buy Mainland Affiliate After Uproar

2022/12/26 by Christopher Caillavet Leave a Comment

A connected-party deal that raised eyebrows when it was announced by Shimao Services a year ago has been terminated, with the company telling the Hong Kong stock exchange last week that it would no longer acquire a mainland-based property management… Read More>>

Guoco Midtown

Singapore Office Rent Growth Doubled in 2022, Set to Slow in New Year

2022/12/26 by Beatrice Laforga Leave a Comment

Grade A office rents in Singapore’s core business districts jumped by 8.3 percent in 2022, more than double last year’s growth rate, as vacancies fell and more employees returned to their desks, according to data from CBRE Research.

CBRE said… Read More>>

Wu Bijun Country Garden

Country Garden Names New Board Members as Chairman’s Nephew Loses Seat

2022/12/26 by Pawara Laothamatas Leave a Comment

Mainland developer Country Garden Holdings announced this past week that two of its executive directors have tendered their resignations, as China’s largest developer by sales struggles financially, including having launched three major equity sales totalling HK$13.73 billion ($1.75 billion) since… Read More>>

Singapore apartments

Landlord’s Market to Continue in Singapore Residential Leasing

2022/12/26 by Christopher Caillavet Leave a Comment

A landlord’s market took hold of Singapore’s residential leasing sector in 2022 and is likely to persist in the new year amid strong leasing demand and tight rental stock, according to PropNex Realty.

Delays in the completion of new condos… Read More>>

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