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Latest Commercial Properties News

Hong Kong - 50 Connaught Road Central Sold For HKD 4.88 billion

May 17, 2012

In the largest transaction for office space in Hong Kong this year, a 28-storey office block was sold for HKD 27,888 psf.

Chinese investors seeking to evade domestic restrictions on real estate investment have made...

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China - Prime Office Rents Growth Slow Down

May 17, 2012

After a staggering increase last year - with Beijing soaring 75% - Q1 2012 saw a slowdown in Grade A office rents.

Beijing and Shanghai offices were seen to experience slower rental growth in Q1 2012, after last...

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Australia - AUD 800 million Office Transactions In Melbourne Projected This Year

May 17, 2012

With Australian commercial properties remaining attractively priced on a global level, offshore investors will remain active purchasers, said CBRE.

Melbourne's office transactions are expected to reach the AUD 800...

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Philippines - Fourth Tune Hotel Will Open In Makati

May 16, 2012

Come 17 July, Malaysia-based Tune hotel will open its fourth and newest hotel in Makati.

Tune Hotels Sdn Bhd has announced it will launch its fourth Tune Hotel in the Philippines on 17 July. Named Tune Hotel Makati,...

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Australia - Pension Funds Plan Property Buying Binge

May 16, 2012

Superannuation funds are planning to double their investment in real estate over the next two years, driving up prices in the process.

Superannuation funds are set to almost double their current investment in real...

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China - Real Estate Investment Plunged 70% in Q1 2012

May 16, 2012

Q1 2012 recorded a massive fall in real estate investment in China, while the rest of Asia Pacific was also subdued, said CBRE.

The Chinese mainland recorded a 70% plunge in real estate investment over Q1 2012, according...

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