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AT Capital founder and group chairman Arvind Tiku

Singaporean Family Office AT Capital Buys Warsaw Mixed-Use Project

2023/01/30 by Greg Isaacson Leave a Comment

AT Capital Group has completed its acquisition of a project in central Warsaw, Poland, where the Singaporean family office is mulling the development of a 41-storey mixed-use commercial and residential tower.

Savills advised the investment firm controlled by Indian-born billionaire… Read More>>

Southpoint Tanjong Pagar

Office Units in Singapore’s Tanjong Pagar Sell for $25M in Record-Breaking Deal

2023/01/18 by Christopher Caillavet Leave a Comment

A mere month after an Orchard Road commercial building set a new city-wide mark, an office tower in downtown Singapore has recorded its highest-ever price paid per square foot after a set of strata units in the building sold for… Read More>>

Simon Smith of Savills

Hong Kong Strata Industrial Sales Crash 66% in Q4 as Supply Chain Woes Continue

2023/01/10 by Greg Isaacson Leave a Comment

Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics market weighed on local third-party logistics (3PL) operators, while sales of stratified industrial space plunged 66 percent during the quarter,… 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>>

Asok Kumar Hiranandani Royal Group

Singapore’s Hiranandani Buying Orchard Road Commercial Building in Record $127M Deal

2022/12/18 by Beatrice Laforga Leave a Comment

Singapore’s Royal Group has agreed to buy a commercial building near the city’s Orchard Road shopping strip for S$172 million ($126.7 million), setting a city-wide record high price per square foot of buildable area as it plans to redevelop the… Read More>>

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>>

guo guangchang

Fosun Said Shopping $1B Cainiao Stake and More Asia Real Estate Headlines

2022/11/24 by Michael Cole Leave a Comment

Warehouse bargains lead Mingtiandi’s list of real estate headlines today as debt-laden Fosun is said to be looking for a buyer for its stake in Alibaba’s logistics unit. Also in the news, the UK’s Actis buys up more renewables in… Read More>>

Stirling-Residences Singapore

Singapore Residential Rental Index Hits 24-Year High as Volume Rebounds

2022/11/14 by Christopher Caillavet Leave a Comment

Residential rents rose at the highest rate ever recorded in Singapore during the third quarter, according to a new report by Savills analysing government data.

Leasing rates for landed and non-landed properties in the Little Red Dot surged 10.9 and… Read More>>

Adrian Lee of AEW

AEW, KKR, Savills See Singapore Rising on HQ Demand, Return to Office

2022/10/25 by Iris Hong Leave a Comment

https://player.vimeo.com/video/762882381?h=900347fa31Video can’t be loaded because JavaScript is disabled: Singapore Value-Add and Opportunistic Strategies – MTD TV (https://player.vimeo.com/video/762882381?h=900347fa31)

  Despite rate hikes and economic uncertainty, real estate investment experts from AEW, KKR and Savills see robust demand driving… Read More>>

Zhang Haimin CIFI

Asia Real Estate People in the News 2022-10-24

2022/10/24 by Michael Cole Leave a Comment

More turnover at defaulting Chinese developers leads this week’s collection of regional personnel moves with Shanghai’s CIFI losing a business development leader. Also announcing changes were SGX-listed Frasers Property which named a pair of new directors to its board, and… Read More>>

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MTD TV

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People in the News

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs

Rahul Pandit

Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

Asia Real Estate People in the News 2023-11-20

sanjiv-aggarwal- Actis

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