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Hong Kong, China (AFP) The amount of vacant top-tier office space has more than doubled in Hong Kong over the last three years as companies downsize operations, researchers have found, warning that demand could remain soft even if pandemic controls are lifted. The data adds to warnings that Hong Kong’s lustre as a business hub has been dulled by political unrest and a subsequent crackdown. Pandemic curbs have also kept the city internationally isolated […]
(Eagle News) – New Era University (NEU) was one of two schools that ranked no. 1 in the Professional Regulation Commission’s list of top performing schools in the country based on the results of the latest Real Estate Appraisers Licensure Examination. The PRC said that NEU garnered 100 percent passing rate in the September 2021 Real Estate Appraiser Licensure Examination, along with another school, the Cronasia Foundation College Inc., in General Santos City. All the […]
by Luc OLINGA and Juliette MICHEL NEW YORK, United States (AFP) — The coronavirus pandemic took Brittany Brook’s job on March 16, two days after it took her husband Matthew Whitfield’s, leaving the New York couple scrambling as end-of-the-month bills come due. On April 1, Brook, an artist who until recently taught music at a preschool school, and Whitfield, a now-former waiter and actor, have to pay the rent and other bills, as do millions […]
By Caesar Vallejos OPEN FOR BUSINESS, Eagle News Service Chief property experts and players across the Asia Pacific (APAC) region declared that the Philippines is ready and ripe for Real Estate Investment Trust (REIT). REIT is a publicly listed corporation that allows investors to buy shares in recurring income-producing real estate assets such as office buildings, hospitals, warehouses, hotels and shopping malls. In the Philippines, it is a stock corporation established in accordance with the […]
“The real estate industry will continue its growth trajectory and now is the best time to invest,” Lobien Realty Group (LRG) CEO Sheila Lobien announced, in the company’s recent market update briefing. LRG, the fast-rising real estate service provider said that it “maintains its positive outlook as investments in the industry have shown resiliency and growth in terms of actual construction and credit or loans taken.” The growth has been five-fold in the past 10 […]
SINGAPORE (AFP) — Singapore’s CapitaLand said Monday it has agreed to buy two real estate holding firms in a Sg$11 billion ($8.1 billion) deal that will create Asia’s biggest property group with assets in dozens of countries. Under the agreement, CapitaLand will acquire two units from a subsidiary of state investment firm Temasek. If approved, the new entity will have assets under management of more than Sg$116 billion, including businesses, industrial parks, hotels, commercial, […]
(Reuters) — Real estate markets in Asia Pacific are expected to deliver strong total returns in the next three years driven by the huge weight of capital coming into the region. And with global stock markets expected to experience heightened volatility this year, real estate investment is likely to see even more interest. Stuart Crow, Head of Capital Markets in Asia for real estate expert JLL, said: ”We’ve got some of the world’s largest […]
