WeWork to close two Sydney offices
The company, which leases out flexible and short-term space it secures on long-term contracts, is being crunched by reduced office demand.
Source: afr.com
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Sun Venture makes first purchase down under
The Singaporean investment giant has acquired 50 Miller Street in North Sydney for $148 million, following an expressions of interest campaign in Q3 of last year.
Source: financialstandard.com.au
AEW, KKR, Savills See Singapore Offices in Demand
Despite rate hikes and economic uncertainty, real estate experts from AEW, KKR and Savills see robust office demand in Singapore.
Source: mingtiandi.com
Hong Kong's Chinachem Buying TikTok London HQ
Chinachem Group has purchased Helical's the Kaleidoscope in London for £158 million after TikTok’s leased the UK building.
Source: mingtiandi.com
Singapore Real Estate Investment Reaches $14.5B in 2022
Investment in Singapore real estate climbed to S$20.2 billion ($14.5 billion) in the first half of 2022, up by 89 percent from 2021.
Source: mingtiandi.com