China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next … Read More>>
Featured Stories
CapitaLand Buys $835M in US Multifamily Assets From Starwood Capital
Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million … Read More>>
Sponsored Features
Foreign Investors to Fill Funding Gap in Chinese Real Estate
Tough credit conditions in China’s real estate market are giving foreign investors the upper hand, a favourable … Read More>>
How to Build 970 Homes Above a Hong Kong MTR Station
Hong Kong’s Mass Transit Railway system has nearly doubled in capacity over the last twenty years, helping to make … Read More>>
Breaking News
Evergrande Invests $2.1B in the World’s Biggest BMW Distributor
China’s second largest property developer, Evergrande, is buying a 41 percent stake in Guanghui Group, a Xinjiang-based company that owns the world’s biggest chain of BMW dealerships and operates 737 auto retail facilities nationwide.
According to a stock exchange disclosure… Read More>>
Asia Real Estate People in the News 2018-09-24
Hotel and logistics professionals dominate our list of who’s secured a new job in the region, as senior level players from Intercontinental Hotels, Goodman and Ping An make an appearance, and there’s even a place for an executive formerly in… Read More>>
JLL Moving Hong Kong Office to Swire’s One Taikoo Place in Quarry Bay
JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office in the city’s traditional business centre of Admiralty and move to One Taikoo Place in Quarry Bay next year.
The Chicago-based… Read More>>
JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years
China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping up its competition with Alibaba and Tencent to dominate the mainland grocery business.
Wang Xiaosong, CEO of… Read More>>
HK-Listed Spring REIT Buys Guangdong Mall From Huamao Property for $241M
Spring Real Estate Investment Trust has acquired its first retail asset in China as the Hong Kong-listed REIT announced late last week that it has agreed to purchase a shopping mall just north of Shenzhen for RMB 1.65 billion ($241… Read More>>
Keppel Buys 40% of Gemdale Nanjing Project for $206M and More Asia Real Estate Headlines
At the top of today’s real estate news the mainland subsidiary of a Singaporean developer buys into a Nanjing residential project, while the city-state’s biggest warehouse developer may be one of the few winners from Brexit, as UK authorities look… Read More>>
CapitaLand Buys $835M in US Multifamily Assets From Starwood Capital
Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million purchase of a portfolio of multifamily properties, according to an announcement by the Singaporean company this week.
The government-linked developer’s CapitaLand International subsidiary… Read More>>
China Merchants Bank Takes Over Half of HNA’s Former Hong Kong Home
Mainland financial heavyweight China Merchants Bank has leased a four floor office in Hong Kong’s Three Exchange Square in Central, taking half of the eight floors shed by liquidity-troubled HNA last week, local media reported.
The Shenzhen-based commercial bank, which… Read More>>
Real Estate Finance
Evergrande Invests $2.1B in the World’s Biggest BMW Distributor
China’s second largest property developer, Evergrande, is buying a 41 percent stake in Guanghui Group, a Xinjiang-based company that owns the world’s … Read More>>
HK-Listed Spring REIT Buys Guangdong Mall From Huamao Property for $241M
Spring Real Estate Investment Trust has acquired its first retail asset in China as the Hong Kong-listed REIT announced late last week that it has … Read More>>
China Merchants Bank Takes Over Half of HNA’s Former Hong Kong Home
Mainland financial heavyweight China Merchants Bank has leased a four floor office in Hong Kong’s Three Exchange Square in Central, taking half of the … Read More>>
Shanghai
Allianz, Alpha Buy Shanghai Office Building From CITIC for $90M
Allianz announced today that it has partnered with Alpha Asia Macro Trends Fund III (“AAMTF III”), a private equity … Read More>>
Ziroom Pulls Listings for 20,000 Rental Homes and More Asia Real Estate Headlines
China’s nascent rental housing market hits the news again today as leading rental operator Ziroom pulls down 20,000 … Read More>>
Tencent, Warburg Pincus Said Investing $1.5B in China’s Lianjia
Chinese Internet giant Tencent is planning to invest $1 billion into Lianjia, as part of a $2 billion financing round in … Read More>>
Singapore
OUE Selling OUE Downtown Offices to OUE C-REIT for S$908m
Property developer OUE is selling the office component of its 1.24 million square foot (115,000 square metre) OUE … Read More>>
Singapore’s CDL Acquires London’s Aldgate House From CPPIB-Hermes JV for £183M
City Developments Limited (CDL) has acquired Aldgate House, a prime commercial building in London for £183 million … Read More>>
HSBC Gets One More Year in SG’s 21 Collyer Quay and More Asia Real Estate Headlines
CapitaLand Commercial Trust, which owns the current home of HSBC in Singapore, is giving the bank one more year in its … Read More>>
Projects
JLL Moving Hong Kong Office to Swire’s One Taikoo Place in Quarry Bay
JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office in the city’s traditional … Read More>>
Vanke, Microsoft Agree to Use AI to Make Smarter Homes and Warehouses
Leading real estate developer China Vanke has signed a strategic cooperation agreement with Microsoft (China) to work together applying artificial … Read More>>
$14.6B Greenland Suzhou Project to Merge AI with Apartments
Greenland Group has signed a strategic cooperation agreement with the Suzhou government to invest over RMB 100 billion ($14.55 billion) into a series … Read More>>
Retail
JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years
China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping … Read More>>
Wumart Owner Emerges Victorious in Battle for Western China Retailer
The owner of Chinese big-box commerce giant Wumart has won a competition for control of one of western China’s biggest retailers after Wumei Holdings … Read More>>
Yuexiu Property Announces Plan to Sell Fortune World Plaza in Guangzhou
Guangzhou-based Yuexiu Property this month issued an announcement to the Hong Kong Exchange, saying the company intends to dispose of its 100 percent … Read More>>
Asia Outbound
CapitaLand Buys $835M in US Multifamily Assets From Starwood Capital
Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million purchase of a portfolio of … Read More>>
Wanda Said to Sell Chicago, LA Projects to Close Out Overseas Portfolio
Wang Jianlin’s Dalian Wanda Group has agreed to sell off the last two assets it what once was a $5 billion overseas real estate portfolio, according … Read More>>
Wanda Sells $600M Stake in AMC as Investment Retreat Continues
Wang Jianlin’s Dalian Wanda trimmed off another slice of the billionaire’s fading overseas empire last week when the property-to-entertainment … Read More>>
Hong Kong
JLL Moving Hong Kong Office to Swire’s One Taikoo Place in Quarry Bay
JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office … Read More>>
Bangalore, Singapore and Shenzhen Lead Ranks of Top Tech Locations in Asia
Bangalore, Singapore, and Shenzhen lead a list of top locations for high tech companies to set up shop in Asia, … Read More>>
How to Build 970 Homes Above a Hong Kong MTR Station
Hong Kong’s Mass Transit Railway system has nearly doubled in capacity over the last twenty years, helping to make … Read More>>
Co-Working & Flexible Office
Singapore Flexible Office Leases Jumped 44% in 2017
Flexible office providers grew their footprints in Singapore by 680,000 square feet in 2017, jumping 44 percent from the … Read More>>
Spaces Opens Kowloon East Centre as Second New HK Venue in 30 Days
The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted … Read More>>
Pamfleet Pulls in Campfire to Fill Newly-Purchased Kowloon Retail Space
Plans by Hong Kong shared space provider Campfire to add a combined, kindergarten, shared office and food centre in the … Read More>>
Research & Policy
Bangalore, Singapore and Shenzhen Lead Ranks of Top Tech Locations in Asia
Bangalore, Singapore, and Shenzhen lead a list of top locations for high tech companies to set up shop in Asia, according to a report released this … Read More>>
Tech Firms Predicted to Lease a Quarter of SE Asia Office Space by 2028
Tech firms will account for 15 to 25 percent of annual office leasing volumes in Southeast Asia in the coming ten years, said real estate brokerage … Read More>>
Cancer Death of Ziroom Tenant Raises Talk of Risk in China’s Rental Housing Rush
A social media post linking the leukemia death of an Alibaba employee living in an allegedly-formaldehyde contaminated home operated by Sequoia China … Read More>>
Design & Construction
Guizhou Gets on China’s Design Map With World’s Tallest Waterfall Building
A Chinese developer has decided to fit a waterfall outside a new skyscraper in the country’s southwestern province of Guizhou to the amusement of … Read More>>
Benoy to Design COFCO’s 300,000 SQM Suzhou Complex
Architecture firm Benoy has won an international competition to design a 300,000 square metre, mixed-use project in the eastern Chinese city of Suzhou … Read More>>
KPF-Led Group Wins Bid to Design Changi Airport Terminal Five in SG
Global architecture firms Kohn Pedersen Fox Associates (KPF) and Heatherwick Studio have won a bid to design the next major extension for Singapore's … Read More>>
