CBRE Helps OTB Group Expand Presence in China by Securing Prime Retail Space in Shanghai
The CBRE Shanghai Advisory & Transaction Services – Retail team was commissioned by Italian luxury group OTB to lease four flagship stores in the heart of West Nanjing Road CBD as China’s prosperous domestic spending gave a big lift to retailers’ confidence.
ESR wins Kwai Chung land bid to develop its first state-of-the-art cold storage and logistics project in Hong Kong
Prime site located in the centre of Hong Kong, which is well-connected to Kowloon and Hong Kong Central Business Districts, Hong Kong International Airport and the border to Mainland China.
Singapore tops sustainability index for APAC - Knight Frank
Knight Frank’s APAC Sustainably Led Cities Index rates 36 cities on urbanisation pressure, climate risk, carbon emissions and government initiatives. Sydney, Perth and Melbourne appear in the Asia-Pacific’s top five green-rated cities for commercial real estate.
ESR recaps 873,000 sqm/RMB4.9 billion (US$730 million) balance sheet portfolio in China
The transaction represents ESR’s largest-ever sell-down of a self-developed balance sheet portfolio with the plan to recycle the capital back into new and increasingly attractive opportunities across APAC.
JLL advises on the sale of Income at Raffles in Singapore CBD
JLL today announced it acted as lead advisor to Mercatus Strategic Investment Management LLP, the fund manager of NTUC Income, for the disposal of 100% interest in Income at Raffles.
Transparency gains make Asia Pacific real estate more attractive to investors, says JLL
Asia Pacific’s commercial real estate sector is better positioned to attract increased capital in the coming years due to measurable improvements in market transparency. According to JLL (NYSE: JLL) and LaSalle Investment Management’s Global Real Estate Transparency Index, real estate markets...