News and media releases
Property News
Blackstone sells biggest UK CMBS since 2008 financial crisis
The European market for CMBS is far smaller than its US counterpart, but has recently shown signs of a revival
Airbnb touts good talks with New York City mayor candidates on rental ban
New York politicians have argued short-term rentals have exacerbated the city’s housing affordability crisis
MOH, HDB award S$18,000 bid to rent Bidadari clinic under pilot tender evaluation approach
This works out to S$180 per square metre (sq m), lower than the average bid rent of S$382 per sq m for...
UK house prices rise modestly in July, while affordability improves
Annual price rises are down from a peak of 4.7% in December
Wild history of jailed ex-premier’s US$3 million mansion keeps buyers wary
[ASTANA] The bureaucrats at Kazakhstan’s state asset management company are facing a task that’s as unusual as it’s near impossible: selling a...
‘Who’s going to buy a S$9 croissant?’: Singapore’s artisanal bakeries crumble under cost pressures, softening demand
Survival hinges on flexible leasing, strategic locations and alternative formats, analysts say
Australia’s home prices climb further as rental growth refuels
Darwin is once again the top gainer, advancing 2.2%, while the Sydney market rose by 0.6%
Chinese builder Fantasia to unveil new restructuring plan
[BEIJING] Chinese developer Fantasia Holdings Group plans to release a new restructuring plan in the coming weeks after previous attempts fizzled, people...
China home sales slump deepens as falling prices deter buyers
The value of new-home sales by the 100 largest property companies dropped 24% from a year earlier to 211.2 billion yuan
Lian Huat Building in Tras Street fetches S$90 million, among latest sub-S$100 million Singapore deals
Separately, Macau’s Loi family is selling units in Holland Road Shopping Centre and its car park for S$84 million; CDL and MCL...
Accor warns of bigger-than-expected 2025 forex impact
[PARIS] Accor, Europe’s biggest hotel group, on Thursday (Jul 31) forecast a larger-than-expected impact from adverse exchange movements this financial year, causing...
Villagers win race to save UK pub, as thousands close
UK pubs, a quintessential cornerstone of community life, are increasingly under threat
Real estate investors in Europe hold back amid tariff turmoil
Fundraising continues to be tough, with MSCI Private Capital Solutions data showing that investors committed very little to new equity funds in...
Hong Kong floats looser capital rules to woo mainland homebuyers
Beijing’s strict capital controls remain a major hurdle
As Evergrande faces delisting, China property debt revamp drags on
The delisting of the company adds to mounting gloom in the property sector, as peers rush to restructure debt and stave off...
Hongkong Land sees recovery in office market with more demand
The real estate firm owns office buildings and shopping malls in Hong Kong, Singapore and mainland China
UK mortgage approvals rise as buyers return after tax hike
The housing market nonetheless faces headwinds from a slowing economy and anxiety about the outlook, while surveys show an abundance of properties...
Hongkong Land back in the black with H1 underlying profit of US$297 million
Revenue is down 23% year on year to US$751.2 million as the group winds down its build-to-sell business
Sim Lian places ‘bullish’ top bid of S$1,432 psf ppr for Holland Link site
This is 22.2 per cent higher than the second-highest offer from a Wee Hur unit
Ong Beng Seng’s HPL looks to cut stakes in Forum mall, voco Orchard hotel: sources
[SINGAPORE] The property firm of embattled billionaire Ong Beng Seng is looking to reduce its stakes in two marquee assets along Singapore’s...
GuocoLand to launch Springleaf Residence condo with prices from S$1,995 psf
It sits on a 32,023.7 sq m site, adjacent to Springleaf Forest and the Central Catchment Nature Reserve
Hong Kong home prices flat for second month in June
Prices have dropped 0.9% this year to their lowest since 2016
US housing market posts worst spring selling season in 13 years
Spring is traditionally the busiest season in real estate, not unlike Christmas for retailers
McDonald’s to sell eight Hong Kong retail spaces valued at HK$1.2 billion: JLL
The sale of the eight retail properties is offered through a public tender that ends on Sep 16
Should the COE system for cars borrow ideas from the ABSD regime for homes?
Consider prioritising locals owning one car
Balancing premium growth with market inclusivity in Singapore’s office sector
Structural shifts towards higher-value activities sustain rental growth in the prime Grade A segment; the challenge will be to create space for...