The price for a developer to maintain occupancy in a prime office property in Hong Kong’s declining market might just be a 12 percent rent cut, according to operating statistics released by one of the city’s top commercial landlords late… Read More>>
Swire Properties’ Don Taylor Joins Commercial Hub Panel at Mingtiandi Hong Kong Forum
Don Taylor, director of the office division at Swire Properties, will join a panel discussion on Hong Kong commercial hubs at the Mingtiandi Hong Kong Focus Forum on 27 June. Tickets to the event are available via the Register link… Read More>>
Swire Unveils $1B Finishing Touch to Miami Project and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, Hong Kong’s Swire Properties reveals plans for the last phase of its Brickell Key complex in Miami, and a report says the Chinese government is readying another round of support measures for… Read More>>
Asia Real Estate People in the News 2023-05-01
Mingtiandi leads off its first set of people moves for May with the appointment of new leadership for one of Asia Pacific’s longest-standing investment strategies. Also making our list this week are board level moves at Ping An Insurance, China… Read More>>
Swire Properties Underlying Profit Falls 9% as Regional Investment Plan Barrels Ahead
Swire Properties posted a 9 percent decline in its full-year underlying profit, primarily due to a reduction in income from the sale of car parking spaces at the Hong Kong-based developer’s Taikoo Shing residential project in Quarry Bay.
Underlying profit… Read More>>
Swire Properties Buys 40% Stake in Bangkok Residential Site From HKRI for $73M
Swire Properties has acquired a 40 percent interest in a residential development site in central Bangkok for THB 2.4 billion ($73 million), with the Hong Kong-based developer making good on a pledge to beef up its pipeline of projects in… Read More>>
Asia Real Estate People in the News 2023-01-09
Top-level moves in Hong Kong lead this week’s collection of personnel changes in Asia’s real estate world, with a logistics REIT changing over non-executive directors, a fund manager making a promotion on its property team and a listed developer adding… Read More>>
Higher Interest Rates to Roil Japanese Mortgages and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Bank of Japan’s U-turn on ultra-low rates triggers heartburn among mortgage borrowers, and Singapore awaits an influx of new housing supply.
Japanese Homeowners Face an Unfamiliar Headache: Higher Mortgages… Read More>>
Swire Properties Adds New Tower to Pacific Place Portfolio in Hong Kong
Swire Properties is expanding its Pacific Place portfolio eastward from Hong Kong’s Admiralty into Wan Chai district, having dubbed a 24-storey office tower on Queen’s Road East as Six Pacific Place earlier this month.
Set to be completed in the… Read More>>
China South City Sells Off Xi’an Projects and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, developer China South City sells down its stake in some Xi’an developments, India’s Phoenix Mills buys land for a future mall project, and Asia’s dollar-denominated junk bonds rally.
China South… Read More>>
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