Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial … Read More>>
Featured Stories
Logan Halts Payments on Offshore Bonds, Appoints Advisors for ‘Holistic’ Restructuring
Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 … Read More>>
Sponsored Features
For Hong Kong’s Office Market, Border Reopening Holds Key to Unlocking Demand
“Increased space availability and the more attractive rental level in Hong Kong’s office market have created … Read More>>
Top 3 Trends Driving a Connected Experience in Commercial Real Estate
Two powerful forces continue to affect the commercial real estate industry: the steadily strengthening winds of … Read More>>
Breaking News
Guangzhou R&F 2021 Net Loss Doubles to $2.4B After Write-Down
Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial results on Sunday, reporting a net loss of RMB 16.4 billion ($2.4 billion). That … Read more>>
Logan Halts Payments on Offshore Bonds, Appoints Advisors for ‘Holistic’ Restructuring
Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 billion debt load, including the suspension of interest payments on five sets of … Read more>>
Fortune REIT to Buy CK Asset Singapore Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in northeastern Singapore, two Chinese developers garner support from state-backed … Read more>>
Asia Real Estate People in the News 2022-08-08
BlackRock’s appointment of a new head of Japan real estate leads this week’s roundup of personnel moves from around the region, with Hines selection of a top executive for its Korean business also … Read more>>
Evergrande Gets $818M Refund for Surrender of Football Stadium Project
China Evergrande Group, the world’s most indebted developer, said late last week it will receive a RMB 5.52 billion ($818 million) refund from the city of Guangzhou for giving up the land use rights … Read more>>
Goodman Buying Hong Kong Industrial Building From Stan Group for Reported $66M
Goodman Group late last month agreed to acquire nearly three-quarters of an industrial building in the New Territories from the family of Hong Kong’s late “Shop King” Tang Shing Bor as the Australian … Read more>>
Far East Consortium Wins Sai Ying Pun URA Tender With $158M Bid
Hong Kong-listed Far East Consortium this past week bested eight competing bids to purchase a residential site in the city’s Sai Ying Pun area for HK$1.24 billion ($157.9 million) through a Urban … Read more>>
Real Estate Fund Closings Tumble 27% as Global Headwinds Mount
The number of unlisted real estate funds reaching a final closing fell 26.6 percent year-on-year to 118 in the second quarter of 2022 amid geopolitical volatility and higher capital costs, according … Read more>>
Breaking News
Guangzhou R&F 2021 Net Loss Doubles to $2.4B After Write-Down
Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial … Read more>>
Logan Halts Payments on Offshore Bonds, Appoints Advisors for ‘Holistic’ Restructuring
Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 … Read more>>
Fortune REIT to Buy CK Asset Singapore Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in … Read more>>
Asia Real Estate People in the News 2022-08-08
BlackRock’s appointment of a new head of Japan real estate leads this week’s roundup of personnel moves from around the … Read more>>
Evergrande Gets $818M Refund for Surrender of Football Stadium Project
China Evergrande Group, the world’s most indebted developer, said late last week it will receive a RMB 5.52 billion … Read more>>
Goodman Buying Hong Kong Industrial Building From Stan Group for Reported $66M
Goodman Group late last month agreed to acquire nearly three-quarters of an industrial building in the New Territories … Read more>>
Real Estate Finance
Guangzhou R&F 2021 Net Loss Doubles to $2.4B After Write-Down
Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial … Read More>>
Logan Halts Payments on Offshore Bonds, Appoints Advisors for ‘Holistic’ Restructuring
Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 … Read More>>
Kailong Buying New Territories Industrial Building From Tang Family for Reported $55M
Fund manager Kailong Group has agreed to acquire ownership of 90 percent of the space in a New Territories industrial … Read More>>
Shanghai
China Merchants Shekou Buys Five Shanghai Sites for $1.3B
China Merchants Shekou Industrial Zone Holdings is doubling down on its expansion in Shanghai, spending RMB 8.74 billion … Read More>>
ESR Buys Business Park in Shanghai’s Pharma Valley as First Life Sciences Asset
ESR has acquired a business park in the Shanghai biotech cluster known as Zhangjiang Pharma Valley, marking the … Read More>>
CapitaLand Sets Up First Onshore RMB Fund, Buys Shanghai Building
CapitaLand Investment (CLI) said Wednesday it has set up its first onshore renminbi fund in China with the vehicle … Read More>>
Singapore
Yanlord’s United Engineers Wins Approval to Redevelop Singapore’s 79 Anson Road
Urban rejuvenation efforts are gaining traction in Singapore as the government greenlights a series of redevelopment … Read More>>
Alibaba-Led Consortium Gets Nod for Singapore’s Tallest Skyscraper in Tanjong Pagar
Mainland tech giant Alibaba together with consortium partners led by Perennial Holdings are set to build Singapore’s … Read More>>
Singapore Ties With NYC for World’s Fastest Rising Housing Rents
Singapore has tied with New York City in recording the highest rental growth rate for luxury homes globally, according … Read More>>
Projects
Evergrande Gets $818M Refund for Surrender of Football Stadium Project
China Evergrande Group, the world’s most indebted developer, said late last week it will receive a RMB 5.52 billion … Read More>>
Far East Consortium Wins Sai Ying Pun URA Tender With $158M Bid
Hong Kong-listed Far East Consortium this past week bested eight competing bids to purchase a residential site in the … Read More>>
Yanlord’s United Engineers Wins Approval to Redevelop Singapore’s 79 Anson Road
Urban rejuvenation efforts are gaining traction in Singapore as the government greenlights a series of redevelopment … Read More>>
Retail
Shop Portfolio on the Market for $43M as Singapore Retail Rebounds
A set of retail shops in one of the oldest shopping centres in downtown Singapore is on the market for S$60 million … Read More>>
China Resources Buying Mall in Hong Kong’s New Territories for $170M
A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its … Read More>>
Fragrance CEO Snaps Up Singapore Retail Site in $40M Collective Sale
The founder of local developer Fragrance Group has won a tender for an en bloc site in Singapore’s Farrer Park area with … Read More>>
Asia Outbound
BPEA Completes $370M Acquisition of Sydney Hilton From Bright Ruby
Baring Private Equity Asia on Thursday announced the acquisition of the Sydney Hilton hotel by the firm’s affiliated … Read More>>
Sinar Mas Selling London Building to Malaysia State-Owned Firm for $292M
Sinar Mas Land continues to trade actively in London’s real estate market, with the Singapore-listed property firm on … Read More>>
Singapore’s Elite Partners Capital Buys Welsh Distribution Centre for $36M
Elite Partners Capital has acquired a distribution facility in northern Wales for more than £30 million ($36 million), … Read More>>
Hong Kong
Fortune REIT to Buy CK Asset Singapore Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in … Read More>>
Goodman Buying Hong Kong Industrial Building From Stan Group for Reported $66M
Goodman Group late last month agreed to acquire nearly three-quarters of an industrial building in the New Territories … Read More>>
Kailong Buying New Territories Industrial Building From Tang Family for Reported $55M
Fund manager Kailong Group has agreed to acquire ownership of 90 percent of the space in a New Territories industrial … Read More>>
MTD TV
SF REIT, C&W and Baker Mac See Greater China REIT Sector on the Rise: MTD TV
More real estate investment trusts (REITs) are likely to be listed in mainland China and Hong Kong over the near term … Read More>>
Link REIT CEO Still in Buying Mode as Downturn Sparks Opportunity: MTD TV
After buying 17 assets in 15 months for a total of HK$26 billion ($3.3 billion), the CEO of Asia’s biggest REIT still … Read More>>
ESR, C&W Point to Robots, Solar Power in Quest for Efficient Shipping: MTD TV
Leading e-commerce players like Alibaba and JD.com are cutting their fulfillment costs to around half of the industry … Read More>>
Research & Policy
Real Estate Fund Closings Tumble 27% as Global Headwinds Mount
The number of unlisted real estate funds reaching a final closing fell 26.6 percent year-on-year to 118 in the second … Read More>>
Singapore Ties With NYC for World’s Fastest Rising Housing Rents
Singapore has tied with New York City in recording the highest rental growth rate for luxury homes globally, according … Read More>>
Singapore Strata Office Sales Plunge, Prices Rise as Supply Dries Up
Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 … Read More>>
Design & Construction
Hysan, Chinachem Add Cultural Space to Causeway Bay Commercial Project
Hysan Development and its partner Chinachem Group are turning to culture to boost the value of a HK$28 billion ($3.5 … Read More>>
Sun Hung Kai Asks to Redesign West Kowloon Project as Two Taller Towers
Sun Hung Kai Properties is asking to change the design for Hong Kong’s largest commercial site ever with the blue-chip … Read More>>
Swire, CDL and New World Take Home Prizes at ULI APAC Awards
Hong Kong’s Shui On Land, New World Development and Swire Properties, along with Singapore’s City Developments Limited, … Read More>>