Wing Tai Holdings earnings grow 3% to S$3.2 mil for 1H2017
SINGAPORE (Feb 6): Singapore-listed developer Wing Tai Holdings Ltd reported earnings of S$3.
Perennial-led consortium divests 70% stake in TripleOne Somerset
SINGAPORE (Jan 26): Perennial Somerset Investors (PSIPL), a consortium led by Perennial Real Estate Holdings (Perennial), has agreed to divest a 70% stake in TripleOne Somerset to Simply Swift Limited, an indirect wholly-owned subsidiary of Hong Kong-listed Shun Tak Holdings.
Hong Kong’s high-end rental accommodation remains most expensive in Asia
KUALA LUMPUR (Jan 24): Hong Kong remains the most expensive location in Asia for high-end rental accommodation since 2013, according to ECA International’s Accommodation Survey.
Mapletree Logistics Trust declares 3Q DPU of 1.87 Singapore cents, unchanged from a year ago
SINGAPORE (Jan 23): The manager of Mapletree Logistics Trust (MLT) has announced a stable Distribution Per Unit (DPU) of 1.
JLL: Overseas property investments by Chinese hit new high in 2016
PETALING JAYA (Jan 23): China has hit record sales of US$33 billion (RM146.
Amcorp Properties plans HK entry via JV with Grosvenor Asia
KUALA LUMPUR (Dec 21): Amcorp Properties Bhd (AmProp) is planning to venture into the Hong Kong property market via a tie-up with Grosvenor Asia Pacific Ltd.
Offices in world’s most connected cities come with a high price
PETALING JAYA: The world’s most important, influential and interconnected cities with the deepest pools of firms and talent continue to command the highest office occupation costs, with Hong Kong topping the chart of global real estate firm JLL’s Premium Office Rent Tracker.
Turkey is No 1 in global house price growth, says Knight Frank
PETALING JAYA (Dec 15): Turkey has occupied the top spot for the fifth consecutive quarter in the Knight Frank Global House Price Index by having registered an annual house price growth of 13.
WSPACE launches co-working facility in Mid Valley
KUALA LUMPUR (Dec 6): WSPACE (M) Sdn Bhd has launched the first co-working facility in Asia that uses a mobile management app (MAM) to automate daily business tasks.
Hong Kong’s office rents reach new highs
PETALING JAYA (Dec 2): Hong Kong has the world’s highest rent for premium office space in 2016, taking a significant lead from two other global cities, London and New York, according to international real estate consultancy JLL.
