Grand opening of the “66 Tower” in Bangkok – CBRE Thailand
The "66 Tower," a 28-story Grade-A office building in Sukhumvit, Bangkok, was completed and fully operational since October 2021, with CBRE (Thailand) Co., Ltd. as the main office space rental agent, having a current occupancy rate of 60%.
Receivers offer One Vista property portfolio Tuen Mun for sale by CBRE Hong Kong
One Vista's property portfolio in Tuen Mun, including two buildings: No. 1, San Hop Lane for sale and No. 3, San Hop Lane for sale a 30-storey building with 320 office units through Eugene Wong, Director, Investment Property & Private Office, Capital Markets and Darren Yan, Associate...
Savills has acquired PMCC and PMCC ACTUS, a specialist Project Management and Dispute Resolution business in Malaysia. The acquisition of PMCC is a testament to Savills’ commitment to providing best-in class project management solutions, said Mr Will Forwood, Managing Director, Savills Projects...
Keehoon Lee appointed as the Head of Capital Markets for JLL Korea - JLL
JLL has appointed Keehoon Lee as the Head of Capital Markets for Korea. Lee will lead JLL's Korea Capital Markets platform from Seoul, working closely with Taeho Yi, Korea Country Head, to enhance JLL's strategies and services.
LANDMARK Central upgraded as a world-class destination for luxury retail, lifestyle and business – Hongkong Land
Hongkong Land and luxury retail tenants will invest over US$1 billion (HK$7.8 billion) in upgrading the LANDMARK in Central, Hong Kong. The project, starting in the third quarter of 2024, includes creating 10 multi-storey Maison destinations and expanding luxury brand retail areas to over 220,...
Vacancy rate of overall Grade A office in Hong Kong rises to 13.5% in May- JLL
In May 2024, the overall vacancy rate for Grade A offices in Hong Kong increased to 13.5%, primarily due to the new completions and rents fell for the 25th consecutive month, with notable decreases in Central, Hong Kong East, Tsimshatsui, and Kowloon East, according to JLL's latest Hong Kong...
India commercial real estate debt market to expand by 40% in the next three years - JLL
The JLL-Propstack report projects a 40% growth in India's commercial real estate debt market over the next three years, presenting a $170 billion financing opportunity and the Lease Rental Discounting (LRD) opportunities valued at more than $100 billion are anticipated until 2026.
Strong growth of Bangkok’s shopping centres in the second half of 2023 – Knight Frank
According to Knight Frank Thailand Research, in the second half of 2023, Bangkok's shopping centres experienced strong growth driven by returning foreign tourists and strategic adaptations with projections for further expansion through large-scale developments and favourable new VAT laws.
Grand opening of the world-class designed "The Ring, Chengdu" by Hongkong Land
Hongkong Land launched "The Ring, Chengdu" The complex spans 220,000 sq.m. and features retail, dining, leisure, office spaces, a Hyatt hotel, and eco-friendly designs, achieving a nearly 90% retail pre-leasing rate.
ESR Group receives CSRC approval for public logistics REIT in China
ESR Group Limited has announced the approval of its ESR China REIT (C-REIT) by the China Securities Regulatory Commission (CSRC). The C-REIT, comprising high-quality logistics facilities in Kunshan, near Shanghai, with a total GFA of over 426,000 sqm and a high occupancy rate of over 90% will...
