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Alan Cheong, Alan Cheong, executive director for research at Savills

Singapore Shops Sees Vacancy Fall to Pre-Pandemic Levels

2022/12/05 by Beatrice Laforga Leave a Comment

Singapore’s retail property market has ended a three-year freefall as vacancy in the third quarter reached its lowest level since 2019 and prime rents began heading northward, according to a recent report.

The average vacancy level for retail space in… Read More>>

Gardens by the Bay, Singapore, Singapore. Architect: Wilkinson Eyre Architects, 2011.

Tender Launched for Central Singapore Site and More Asia Real Estate Headlines

2022/12/05 by Michael Cole Leave a Comment

A government move to sell a mixed-use site in Singapore’s urban core leads today’s real estate headlines from around the region, with Brookfield also making the list as the Canadian giant says it is scouting for more assets in China…. Read More>>

Sunac Sun Hongbin

Sunac Sells 90% Stake In Shanghai Project For $1.7B 

2022/12/04 by Beatrice Laforga Leave a Comment

Sunac China has sold nearly 90 percent of its interest in a development project in Shanghai’s Huangpu district to a pair of state-owned investment firms for an estimated RMB 12 billion ($1.7 billion), as the troubled mainland builder continues to… Read More>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

Evergrande Shenzhen HQ Project Sold to State-Backed Group for $1B

2022/11/28 by Beatrice Laforga Leave a Comment

A project once destined to become home base for China Evergrande Group in Shenzhen has been sold to a buyout group organised by the local government for RMB 7.54 billion ($1.05 billion) as the mainland builder continues to be stripped… Read More>>

Copen Grand First EC in Tengah

CDL, MCL Land Project Sells Out in One Month as Singapore Market Stays Hot

2022/11/28 by Christopher Caillavet Leave a Comment

Singapore’s red-hot housing market is extending its reach even to far-flung Tengah Town, as an executive condominium by City Developments Ltd has sold out just one month after the project’s launch in the western planning area.

All of the remaining… Read More>>

Peace CEO Dominic Penaloza

Making Peace Pay in a Shanghai Work Pod

2022/11/28 by Beatrice Laforga Leave a Comment

A Shanghai-based entrepreneur is betting that the people of Shanghai are committed to peace, and that they’re willing to pay for it.

Peace is the name of a new startup from a former head of technology for WeWork in Greater… Read More>>

China Beijing PBOC

China’s PBOC Cuts Bank Reserve Requirements and More Asia Real Estate Headlines

2022/11/28 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, analysts applaud China’s 25-basis-point RRR cut but say further measures are needed, developer CIFI escapes a short-lived winding-up attempt, and an investment vehicle owned by APG and GIC acquires a Paris hotel.

Read More>>

Anthony Boyd, CEO of Frasers Property Australia

Singapore’s Frasers Buying Pair of Sydney Office Buildings From Dexus Industria REIT For $106M

2022/11/21 by Beatrice Laforga Leave a Comment

The Australian arm of Frasers Property is acquiring a pair of Sydney business parks from Dexus Industria REIT for a discounted price of A$160.5 million ($106.2 million) as the Singaporean heavyweight continues to boost its global presence.

Frasers Property Australia… Read More>>

Stuart Gibson of ESR

ESR Raises $1B for ARA-Led ASEAN Infrastructure Fund With China’s Exim Bank

2022/11/21 by Christopher Caillavet Leave a Comment

ESR on Monday announced the creation of an ASEAN-focused infrastructure fund led by the industrial specialist’s wholly owned subsidiary ARA Asset Management and powered by an anchor investment from mainland policy lender Export-Import Bank of China.

Seeking to capitalise on… Read More>>

George Anastasiou, Head of Real Estate, Australia, DWS

DWS Taps George Anastasiou to Lead Australia Team

2022/11/21 by Christopher Caillavet Leave a Comment

DWS has hired George Anastasiou as head of real estate in Australia, bolstering the German fund manager’s local team in one of Asia Pacific’s more resilient property markets.

As a representative of DWS’s global real estate fund and separate accounts… Read More>>

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