In today’s roundup of regional news headlines, Singapore’s Princeton Digital Group plans to open a 48 megawatt data centre in Navi Mumbai next year, and two residential properties go up for sale in the city-state as housing prices soar in… Read More>>
Sale of US Govt Property in Hong Kong Moves Ahead and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Hong Kong approves the sale of a US consular property on Shouson Hill after resolving a diplomatic impasse, while Blackstone bigwig Stephen Schwarzman deals with a backlash over his political leanings.
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>>
Trio of Eagle Hospitality Trust Directors Resign and More Asia Real Estate Headlines
Leading today’s roundup of Asia real estate happenings is more bad news for a Singapore-listed hotel trust, which has just lost three of its remaining six directors, according to an announcement to the stock exchange today.
Also,… Read More>>
Blackstone India JV to Sell Business Park for $1.3B and More Asia Real Estate Headlines
In today’s batch of regional news headlines, India’s Embassy REIT agrees to buy business park assets from a Blackstone-led joint venture, property services firm Sunac eyes a $1 billion capital raise from its Hong Kong IPO, and department store chain… Read More>>
Maggie Chu Joins Savills to Lead Greater Bay Area Services
Veteran broker Maggie Chu has joined Savills to head up the property consultancy’s services on behalf of developers and investors in Guangdong province, Macau and Hong Kong, according to a company statement today.
Formerly an executive director with Cushman &… Read More>>
Brookfield Readies $500M India REIT and More Asia Real Estate Headlines
Indian office REITs lead today’s real estate news from around Asia as Brookfield Asset Management gets ready to list its first real estate trust on the subcontinent, as Blackstone celebrates the success of its second such offering.
Also in the… Read More>>
Wheelock Wins Approval for HK$126B Buyout and More Asia Real Estate Headlines
Shareholders voted to approve a HK$126 billion buyout of Hong Kong’s fourth largest developer this week, making that megadeal rank at the top of today’s roundup of real estate headlines. In other news from around the region, a US data… Read More>>
Top Hong Kong Developer Shares Fall More Than 5% as Beijing Preps Security Law
Stocks in Hong Kong’s major developers, including Sun Hung Kai, CK Asset and Wheelock, plunged on Friday on the news that Beijing is planning to impose controversial national security laws in Hong Kong.
After China’s central government on Thursday announced… Read More>>
Hong Kong Landlords Squeezed as Retail Sales Fall for 14th Month
Statistics released this week show that consumer spending in Hong Kong fell for the fourteenth consecutive month during March, and the slide in shopping is already squeezing some of the city’s largest landlords.
Link REIT, Wheelock Properties and other owners… Read More>>
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