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In Brief

Published on January 6th, 2014

Knight Frank records first dip in three years for Asian office rents Knight Frank’s Asia Pacific Prime Office Index fell 0.1% over Q2 2013, its first drop in 14 quarters….

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Market Talk

Reforms intended to kick-start investment

“It is a year since  announced reforms intended to kick-start investment, including the lIberalisation of foreign investment in a range of sectors. We warned that the changes would be slow...

Diary

Colliers’ gain may be no loss for C&W after team switches sides

Last month, Colliers International announced with a great fanfare that it had recruited a 14-strong team from Cushman & Wakefield. Surely C&W would be gutted by this? It appears not....

Market Talk

Government Measures Affect the Transaction Pipeline

“In AsIa we anticipate a reductIon in actIvIty In Hong Kong and SIngapore, as the latest government measures affect the transactIon pipelIne for the second half” Jeremy Helsby, chief executive...

Research

Asian offices suffer a loss of confidence

Weakened sentiment from occupiers and landlords has hit Asia Pacific office markets, according to research by Colliers International. For Q2 2013, The Colliers Asia Office Leasing Market Confidence Index registered 57.6%,...

Companies & People

Crichton arrives at Farpoint of Indonesia

Farpoint Prima, a real estate subsidiary of private Indonesian conglomerate Gunung Sewu Kencana, has appointed Dougie Crichton as managing director, working on the firm’s office portfolio and planned fund management...

News

CPPIB strikes f irst Korean deal

Canada Pension Plan Investment Board has acquired a 50% interest in an office tower in Gangnam, Seoul for KRW126bn ($115.2m), in its first deal in Korea. The fund invested via Samsung...

News

Consortium buys Tokyo’s Shiba Park out of bankruptcy

A consortium of investors has bought the Shiba Park Building in Tokyo for ¥100bn ($998.6m). Asia Pacific Land, Abu Dhabi Investment Council, Secured Capital and CV Starr & Co have teamed...

News

Thailand’s Central Pattana ready to roll out ASEAN malls

Central Pattana is planning a THB12bn ( $372.9m) drive into shopping centre development in ASEAN countries. The Thai company’s first project will be the THB5.8bn CentralPlaza regional mall in Shah...

Comment

India remains the lost subcontinent for investors

Last month’s AsiaProperty featured a front-page story about a resurgence of interest in India from foreign real estate investors. In the subsequent month, the rupee has fallen another 10% against...

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