Australia
No fun for HK toy billionaire, Sydney office sells below what he paid
HONG Kong toy billionaire Francis Choi has copped a loss on the quiet $196.4 million sale of the 1 Castlereagh Street building in the heart of Sydney’s CBD, amid a…
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Singapore Land and UOL team up for Sydney office
A JOINT venture between Singapore-listed companies UOL Group and Singapore Land Group (SingLand) has confirmed its acquisition of Brookfield’s half-stake…
Singapore’s Hiap Hoe check-in at Perth’s Riverdale
TWO Perth hotels have changed hands, with the Great Eastern Motor Lodge selling for $40 million to Singapore's Hiap Hoe…
Asia Pacific prime rents continue free fall
PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…
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…
Asia Pacific commercial sees 13% jump
JLL report that the Asia Pacific was the only region globally to see growth in commercial real estate investment in…
Asia Pacific appetite for flexible workspace continues to grow
DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…
Straits flush despite industrial property devaluation
SINGAPOREAN group Straits Trading Company has sold an Adelaide distribution centre it developed for $52.7 million – nearly $12 million…
Singapore’s Keppel buys Sydney office tower for a discount
SINGAPORE-listed diversified property trust Keppel REIT has strengthened its relationship with Mirvac further with the acquisition of a 50% stake…