Asia Pacific Hotel market changes to meet new demands, CBRE
LEADING real estate agent CBRE, reports that with the Asia Pacific hotel market continuing to undergo structural change, hotel owners and operators are fine-tuning operational and branding strategies. CBRE found…
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CapitaLand unlocks Collyer Quay for S$688m
THE CapitaLand Integrated Commercial Trust (CICT) has sold a landmark Singapore office building with a 999-year leasehold for an auspicious figure of S$688 million. Located in Singapore’s central business district,…
Parkston Retail shows strong confidence in China
DEPARTMENT store operator Parkson Retail Group has secured its long-term presence in China by renewing its mall leases for almost 80,000 sqm of space in Shanghai and Nanning, as leasing…
Singapore retail vacancies fall to 10-year low
AGAINST a backdrop of economic uncertainties and muted sales, Singapore’s retail market is showing encouraging signs with the vacancy rate falling to 6.5%, the lowest level in a decade, and…
Loadstar Capital secures triple treat
JAPAN’S booming tourism industry continues to fuel investment in the hotel market with Loadstar Capital buying three properties in Tokyo and Kanagawa. The acquisitions include: Property 1: A hotel located…
Samsung gets new lease on life in Gangnam
LOOKING to capitalise on favourable office leasing conditions, insurer Samsung Life Insurance has signed a new major agreement in the heart of the Gangnam district. Samsung Life Insurance will occupy…
Mah Sing continues to drive forward with TOD development
MALAYSIAN property developer Mah Sing Group has snapped up a development site in Kuala Lumpur, to deliver a new MYR660 million transit-oriented development (TOD) project. Mah Sing has acquired a…
Local developer and Singaporean to deliver Vietnam’s first ESG complex
VIETNAMESE property developer, The One Destination, is living up to its name by unveiling plans to build the country's first ESG real estate complex in Da Lat, in a partnership…
EcoWorld expands in Klang Valley
PROPERTY developer EcoWorld Malaysia has acquired a significant site in the Semenyih corridor for MYR742.4 million (approximately US$167 million), marking the next phase of its expansion in the Klang Valley.…
LVMH fashion sustainability trend in retail
LUXURY giant LVMH and developer Swire Properties have joined forces to advance the ESG performance in LVMH’s stores, offices, and food & beverage locations across China and Hong Kong. Officially…
Hong Kong govt resume land sales
ENCOURAGED by the strong rebound in property sales, the Hong Kong Government has put two sites earmarked for residential and multi-storey logistics developments, on the market. The government is offering…
Filinvest Land drops anchor in Marina Town
FILIPINO real estate developer Filinvest Land is making waves in Dumaguete City, Negros Oriental with a new mixed-use development, Marina Town. Spanning a total of 2.8 hectares and located right…
Developers plot counter cyclical play in China
OPPORTUNISTIC property developers are taking advantage of market conditions in China, swooping on major sites in Tier 1 cities such as Beijing and Shanghai for a whopping RMB15.32 billion (approximately…
Thailand boost as Hyatt Bangkok check out for US$146m
IN Thailand’s largest hotel real estate transaction in half a decade, the Hyatt Regency Bangkok Sukhumvit has changed hands for over THB5 billion (approximately US$146 million) – with this single…
Developers team up for half a billion dollars Singapore site
REAL estate developer GuocoLand in a joint venture Intrepid and Hong Realty have bought a prominent residential site in Singapore for S$497 million. Located at Margaret Drive, the property acquired…
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