…ities Times reported yesterday, citing data from the research institute of online property platform Leyoujia. Read more>> India’s Hiranandani Predicts 10% Rise in Home Sales Buoyed by major infrastructure developments and resurging demand for homes, India’s residential real estate market is set for another year of healthy growth. And that would come on the back of a significant boost from the Mumbai market, said Niranjan Hiranandani, founder of re…
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UOB to Invest $375M in Singapore Tech Centre
…C and SIT on Tuesday, Singapore Trade Minister Gan Kim Yong said that with online media agency Target Media Culcreative and systems integrator Delteq committing to the district, JTC will add three buildings spanning 1.2 million square feet of space to the development. Singapore-based cybersecurity provider Group-IB is also relocating its regional headquarters to Punggol Digital District, with smart living solutions provider Delta Electronics Int’l…
Korea’s NPS Benchmarks $1B in Real Estate and More Asia Real Estate Headlines
…ontract is expected to lessen the burden on Indian consumer courts. Read more>> Thailand’s Siam Piwat Forges Ahead With Overseas Retail Expansion Usara Yongpiyakul, CEO of Siam Piwat’s retail business group, has announced that the Thai mall developer is expanding overseas through various online channels and platforms. Siam Piwat is the owner and operator of Siam Paragon, Siam Center and Siam Discovery, and a joint owner of Iconsiam and Siam Premiu…
ESR and Toll Group to Invest $285M in Sydney Distribution Centre
…st, flexible warehouse solutions that meets the needs of Australia’s savvy online and retail shoppers,” Nick Brckovski, president for retail and consumer at Toll, said in the company statement. The project will incorporate A$75 million in advanced automation, according to Toll, including automated picking stations that use machines to assemble orders and connected zone-routing stations that direct the flow of goods within the warehouse. “Our newes…
Asia Real Estate People in the News 2023-05-15
…managed by the company. Prior to joining Dash, Lee had served stints with online marketing provider Braag and WeWork. Chloe Fan has joined WeWork as marketing manager for Hong Kong and Taiwan, according to a LinkedIn update. Fan now leads marketing and promotion for the US flexible office player from her base in Hong Kong and joins the company after more than a year with flexible office systems provider Essensys. The City University of Hong Kong…
Singapore’s STT GDC, Ayala Plan $1B Manila Data Centre Campus
…ears through 2027. The country’s digital economy – which spans e-commerce, online media, express delivery and digital financial services – is expected to grow by about 20 percent yearly and become a $35 billion market by 2025 mainly due to the burgeoning e-commerce sector, the companies said in the statement citing a 2022 study by Google, Temasek and Bain & Company. Regional players have been rolling out data centre projects in the country over th…
ESR, Hines and CPPIB Star in MTD TV Logistics Forum This Week
…from ESR Kendall Square REIT, Hines, IGIS Asset Management and JLL for an online discussion on Mingtiandi’s MTD TV platform. You may register via the link above. Following Tuesday’s Korea session, MTD TV will check out two of Asia’s fastest growing industrial real estate markets at 10:00 AM Hong Kong time on Thursday, as we speak with top management from CPPIB, BW Industrial and Frasers Property Vietnam about the latest developments in India and…
PAG Chairman Shan Weijian to Headline Mingtiandi Hong Kong Forum on 27 June
…r and chairperson Carol Chow, and a senior director from APG. On Stage and Online Mingtiandi’s Hong Kong Focus Forum brings our popular event series back to Hong Kong after an on-stage event in Singapore last October attracted more than 200 attendees, including representatives of Ivanhoe Cambridge, Manulife and Temasek Holdings. Tickets for the Hong Kong Focus Forum are still available at the link above and you can contact our events team regardin…
LaSalle Buys Two Icheon Sheds for Korea Logistics JV, Makes Seoul Office Loan
…ehouses offer occupiers access and connectivity to South Korea’s dense and online-connected consumers, LaSalle said. Steve Hyung Kim, head of Korea at LaSalle The 10-storey office project in Seoul is expected to break ground this year and finish construction in the first quarter of 2026. The borrower of the collateralised loan has a track record of developing, leasing and selling similar investments, and this will be its fourth office project in S…
Ad Giant Publicis Moving to Guoco Midtown Project in Singapore
…ved building formerly known as Beach Road Police Station. In it are the 33-storey Midtown Bay condo tower with 219 homes as well as a total of 50,000 square feet of retail space mostly located at Midtown Square and Midtown Market. The complex’s five-storey Network Hub offers up to 80,000 square feet of flexible office space, meeting rooms and conference facilities for lease on a short term or on-demand basis. The developers aim to complete the fir…
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