The Asia Pacific office market remained resilient, being the only region to record consecutive quarters of positive net absorption since the pandemic Mainland China Tier 1 markets experienced record office demand in 2021 Total regional investment volume in 2022 is expected to be on par with the recent 2019 peak …
Read More »Cushman & Wakefield: Asia Pacific Economy Forecast to Return to World-Leading Growth in 2022, Maintaining into 2023
The Asia Pacific office market remained resilient, being the only region to record consecutive quarters of positive net absorption since the pandemic Mainland China Tier 1 markets experienced record office demand in 2021 Total regional investment volume in 2022 is expected to be on par with the recent 2019 peak …
Read More »Insolvency petition against real estate conglomerate ready – International creditor and DMSA seek co-venturers filing for insolvency too
BERLIN, GERMANY – Newsaktuell – 8 December 2021 – The Chinese real estate developer China Evergrande Group once again defaulted on overdue interest payments on December 6, 2021. The previous Friday, the company officially admitted for the first time that it was in the very deepest financial trouble. The debts …
Read More »CHINA EVERGRANDE GROUP – Insolvency petition against real estate conglomerate ready – International creditor and DMSA seek co-venturers filing for insolvency too
BERLIN, GERMANY – Newsaktuell – 8 December 2021 – The Chinese real estate developer China Evergrande Group once again defaulted on overdue interest payments on December 6, 2021. The previous Friday, the company officially admitted for the first time that it was in the very deepest financial trouble. The debts …
Read More »HSBC And Chinachem Group Sign Bilateral Sustainability-linked Loan of HKD1 Billion
HONG KONG SAR – Media OutReach – 8 December 2021 – HSBC and Chinachem Group (the “Group” or “Chinachem”) announced today the arrangement of a three-year sustainability-linked loan facility of HKD1 billion to support the Group’s general working capital and capital expenditure in accordance with its sustainability objectives. The transaction reinforces the ongoing commitment …
Read More »China Mobile International Commences Construction of the Guangdong-Hong Kong-Macao Greater Bay Area Hong Kong Fo Tan Data Center
HONG KONG SAR – Media OutReach – 8 December 2021 – China Mobile International Limited (CMI) today announced that construction of the China Mobile Guangdong-Hong Kong-Macao Greater Bay Area Hong Kong Fo Tan Data Center (Fo Tan Data Center) is now underway. Being built by CMI in Fo Tan, Hong Kong, with …
Read More »AXA Hong Kong launched exclusive mind health network and online counselling service for Employee Benefits customers
AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 54 markets and serving 105 million customers worldwide. Our purpose is to act for human progress by protecting what matters. As one of the most diversified insurers offering integrated solutions across …
Read More »Green Monday Movement Selected As One of The “Best Practices For Carbon Neutrality”
SHANGHAI, CHINA – Media OutReach - 8 December 2021 – The “Green Monday” Movement by Green Monday Group has been selected as one of the “Best Practices for Carbon Neutrality” in the China Green Economy Summit 2021, co-hosted by People.cn, All-China Environment Federation and the Center for Environmental Education and Communications of Ministry …
Read More »Asia logistics tech startup Pickupp raised US$37 million Series B funding, closing its third fundraise in 13 months
Closing its third fundraising in 13 months, the funding is led by Jardine Matheson, a diversified Asian-based group with a broad portfolio of market-leading businesses. The US$37 million funding will be used to deepen Pickupp’s presence in Asia, including expansion of service and dispatch network in Singapore. The funding also …
Read More »Chubb appoints Kevin Bogardus to lead Singapore’s business
SINGAPORE – Media OutReach – 8 December 2021 – Chubb today announced the appointment of Kevin Bogardus as the Country President for its Singapore business, subject to regulatory approval. Mr. Bogardus replaces Scott Simpson who has been appointed as President for Chubb’s operations in Hong Kong and Macau. In his new role …
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