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Asia Accounts for Four of Five Most Expensive Office Markets Globally

Based on CBRE’s semi-annual Global Prime Office Occupancy Costs survey, Asia continued to dominate the world’s most expensive office locations, accounting for four of the top five markets. London’s West End remains the world’s highest-priced office market. London’s West End’s overall prime occupancy costs topped the ‘most expensive’ list at US$267 per sq. ft. per […]

Peter Lim Property Portal

Singapore’s Crowded Property Portal Market Set To Get Even Hotter With Entry Of Billionaire Peter Lim

Singapore billionaire businessman Peter Lim has bought a 20% stake for an undisclosed sum in the new property portal, theedgeproperty.com. Mr Lim, recently ranked No.8 in Forbes Magazine’s annual list of the city states’s billionaires, with an estimated net worth of $2.5 billion, is entering into an already crowded property portal market which has seen […]

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Chinese Pour $1.23B into Sydney Real Estate in Last 2 Months, Wanda Announces $1bn Mixed Use Development No.1 Sydney

China’s outbound investment wave continued to flow into Sydney as buyers from the mainland and Hong Kong acquired more than $1.23 billion worth of major assets during the last two months of 2014. Most of the investors were major mainland property developers looking to escape the dwindling returns of a slumping Chinese property market. Companies […]