Polaris shines bright with Star Asia in Kyoto
STAR Asia has selected Polaris to manage its newly acquired hotel in Kyoto. The property will be operated by Polaris’ Fino Hotels company, and under the “KOKO HOTEL Residence” brand.…
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Recent News
Frasers sell off continues with $100m apartment sale
SGX listed property developer Fraser Property has reportedly sold the Fraser Residence River Promenade complex in Singapore for S$140 (USD$103m) . The buyer is fellow SGX listed Tuan Sing Holdings. Frasers,…
Philippines economy still strong despite slow first quarter
THE Philippines economy showed signs of slowing in the first quarter of 2024, according to Knight Frank, but it's likely to be more of a hiccup rather than a trend. Despite…
Sega Sammy sells resort to US investment firm
LISTED Tokyo video game manufacturer Sega Sammy Holdings is set to sell a prime resort investment in Miyazaki, Japan. U.S. investment firm Fortress Investment Group is the buyer of the Phoenix…
Vietnam growth in data sector
A REPORT by JLL reveals that Vietnam is set to experience substantial growth in the data centre market, driven by an expanding digital economy and increasing data consumption across the region. …
Japan Tourism record highs
THE falling Japanese yen is proving a boon for tourism operators. In March more than 3.1 million tourists visited the island nation. Inbound tourism has now exceeded pre-pandemic conditions with…
New Logistics & Industrial leader for JLL SG
NEW YORK listed real estate firm JLL has appointed Jolyon Thomson as Executive Director for the Logistics & Industrial team in Singapore. Thomson will immediately take up the role with…
Knight Frank SG appoints Cheung as head of ESG
KNIGHT Frank has appointed Jackie Cheung as Director of ESG for Asia-Pacific and Singapore. Jackie is based in Singapore Cheung will be responsible for leading the firm’s Environmental, Social, and…
Asia Pacific investors take cautious approach
DELAYS to interest rate cuts and a limited risk appetite have put the recovery in investment activity across the Asia Pacific on hold, and further cap rate expansion can be…
Boracay (Philippines) paradise lost? Colliers
THE resurgence of a more environmentally conscious Boracay is attracting new investors and is once again attracting more tourists to its picturesque shores. It is now up to everyone, local stakeholders, businesses,…
CapitaLand trust expands investments in India
SINGAPORE-listed CapitaLand India Trust (CLINT) is set to expand its collection of 12 business park properties in Hyderabad with a new deal with long-time partner Phoenix Group this past week.…
China relations help Singapore investment
CROSS-border investment in Singapore strengthened significantly in the first quarter of 2024, rising 22.8% above the 10-year average, according to an analysis by Knight Frank’s Asia-Pacific. Knight Frank Asia Pacific…
JLL appoints new Korean boss
LEADING international real estate firm JLL (NYSE: JLL) has appointment of Taeho Yi as Country Manager for Korea, from June this year. Yi returns to JLL after a stint with…
Japan government yen intervention
THE Bank of Japan has suggested its government may intervene in the currency market. The yen’s recent movements against the US dollar has seen calls for government action. Since the start of…
CapitaLand sells Shanghai Ascott
SINGAPORE developer CapitaLand has sold a serviced apartment property in Shanghai’s Xuhui district to a mainland investor for around RMB 1.35 billion. It is rumoured CapitaLand was seeking RMB 2…
Asia Pacific office rents continue to fall
OFFICE rents across the Asia Pacific continue to decline, according to the latest Knight Frank Prime Office Rental Index for the first quarter of 2024. The index registered a 3.2%…
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