Cushman & Wakefield Archives - Mingtiandi

Social Club in Singapore’s Bukit Timah to Make Way for More Housing

Beatrice Laforga — Tue, 21 Nov 2023 06:48:17 +0000

A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s most exclusive districts, once its lease expires in three years, as the government continues to expand housing supply.

Morgan Stanley Says Chinese Afraid to Buy Homes and More Asia Real Estate Headlines

Ponrath Sopannarath — Wed, 11 Oct 2023 14:46:50 +0000

Buying a home in China was once a step on the road to wealth, but it may now look like the first chapter in a horror story, according to a Morgan Stanley survey that leads today’s headline roundup. Also in... Read More>>

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David Teo’s Apricot Capital Buys Bukit Timah Shopping Centre in Singapore for $77M

Beatrice Laforga — Tue, 10 Oct 2023 13:38:03 +0000

Apricot Capital, the family office of Singapore instant coffee king David Teo and his family, is buying a mixed-residential and retail property in Bukit Timah for S$105 million ($77 million) as the city-state’s real estate market continues to appeal to... Read More>>

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Asia Real Estate People in the News 2023-10-09

Michael Cole — Mon, 09 Oct 2023 03:22:41 +0000

The resignation of a veteran Hong Kong executive from a trio of directorships leads this week’s review of personnel moves from around the region, with leadership changes at Keppel Infrastructure Trust and Shenzhen’s Logan Group also making the list.

Frasers REIT Sells Mall in Singapore’s Changi to Mainland Family for $250M

Beatrice Laforga — Wed, 30 Aug 2023 12:17:46 +0000

Singapore-listed Frasers Centrepoint Trust is selling a mall near Changi airport for S$338 million ($250 million) to a mainland Chinese family, according to sources who spoke with Mingtiandi.

FCT’s manager told the local bourse on Wednesday that it has entered... Read More>>

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Asia Real Estate People in the News 2023-08-28

Michael Cole — Mon, 28 Aug 2023 03:49:19 +0000

A new Aussie role for the former chief of SGX-listed Frasers Logistics and Commercial Trust leads this week’s list of personnel moves from around the region, with new appointments at Hong Kong-listed Kaisa Prosperity and Shanghai Zendai Property also making... Read More>>

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Data Centre Firms Explore Emerging Asia as Land Proves Scarce in Mature Markets

Christopher Caillavet — Thu, 24 Aug 2023 13:46:27 +0000

Data centre operators in Asia Pacific are turning to the region’s emerging markets for expansion as a dearth of land parcels and available power creates headwinds in mature locations, according to a report by Cushman & Wakefield.

Indonesia, Malaysia, the... Read More>>

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China Jumps to Fourth Spot Among Asian REIT Markets as Mainland Listings Grow

Beatrice Laforga — Tue, 08 Aug 2023 09:51:00 +0000

Mainland China’s pilot infrastructure REIT program grew by 80 percent in value during 2022, propelling the economic giant to the fourth spot among real estate investment trust markets in Asia as many of the region’s more development markets saw steep... Read More>>

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Asia Real Estate People in the News 2023-07-31

Michael Cole — Mon, 31 Jul 2023 03:09:30 +0000

A new hire at a top US fund manager and an upgrade at one of Canada’s largest pension fund managers lead this week’s survey of personnel moves around Asia’s real estate industry, with a Beijing-based data centre operator and a... Read More>>

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Hong Kong Office Market Continues to Contract in Q2 as Reopening Disappoints

Christopher Caillavet — Sun, 09 Jul 2023 06:48:17 +0000

Occupiers in Hong Kong’s Grade A office market gave back 172,700 square feet (16,044 square metres) more than they took up in the second quarter of 2023, mainly due to downsizing by multinational companies in Tsim Sha Tsui and Central,... Read More>>

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