Canadian pension fund managers CPPIB and QuadReal, together with warehouse developer Global Logistic Properties, have … Read More>>
Featured Stories
Wanda Sells One Beverly Hills Project for a Reported $420M
Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire … Read More>>
New $3B Softbank Investment Boosts WeWork Valuation to at Least $42B
American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has … Read More>>
Sponsored Features
The Workspace Revolution, and How It’s Dynamically Changing the Property Industry
Picture an office. You’re probably thinking of linoleum, green walls and a gloomy atmosphere that you need to travel … Read More>>
Connecting South China through the Hong Kong-Zhuhai-Macao Bridge
With the world’s longest cross-sea bridge linking Hong Kong, Zhuhai and Macau officially open to traffic, real estate … Read More>>
Pradera Retail Asia Opens Mosaic Xi’an, Bringing China Mall Portfolio to Four
Hong Kong heart-throb Bosco Wong and around 60 thousand fans and customers took part in the grand opening of the Mosaic … Read More>>
Breaking News
Greg Wells Teams with Warburg Pincus to Explore Asia Real Estate Credit Opportunities
Warburg Pincus is looking beyond its equity investment ways in Asia as the global private equity major announced this week that it has brought real estate credit specialist Greg Wells into its regional team as entrepreneur-in-residence (EIR) to explore and… Read More>>
China’s HNA Real Estate Takes Real Estate Out of Its Name
HNA Real Estate Holdings has been having a close-out sale of some of its biggest assets this year, but now the property division of China’s best-known, and most-indebted, aviation conglomerate is going a step further by taking the words real… Read More>>
Chinachem’s One Hennessy Office Tower Now 80% Leased in Hong Kong
Chinachem Group announced on Wednesday that its One Hennessy officer tower in Hong Kong’s Wanchai district has leased all but four of the available floors among its 21 storeys of office space some three months before the building’s scheduled completion.
China Evergrande Tests the “Too Big to Fail” Hypothesis With $1B Bond Sale at 11%
Debt-laden developer China Evergrande announced on Monday that it had sold $1 billion in senior notes due in 2020, with the new paper carrying 11 percent interest rates.
The company said that the fresh tranche of bonds, which were issued… Read More>>
China Jinmao Selling Xiamen Homes for Less Than Land Cost as Market Skids
Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low prices can go as the developer has begun selling homes at a project in Xiamen for less than the price… Read More>>
Peak Condo Sells for HK$667M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, home sales in the city may be sliding, but high-end shelter seems to still be attracting buyers as a condo on the Peak has sold for HK$667 million, setting a record high price… Read More>>
Gaw Sees Opportunity in Hong Kong’s Office Sector and More Asia Real Estate Headlines
Hong Kong’s property market may be heading into a rare slide but one of the city’s best-known property investors has one word for opportunity seekers – offices. That ray of sunshine from Gaw Capital chief Goodwin Gaw leads our real… Read More>>
CPPIB, QuadReal Set Up €2 Bil European Logistics JV with GLP
Canadian pension fund managers CPPIB and QuadReal, together with warehouse developer Global Logistic Properties, have established a €2 billion ($2.29 billion) venture to invest in European logistics facilities, the three companies revealed in a joint announcement today.
Together the partners… Read More>>
Real Estate Finance
China’s HNA Real Estate Takes Real Estate Out of Its Name
HNA Real Estate Holdings has been having a close-out sale of some of its biggest assets this year, but now the property division of China’s … Read More>>
China Evergrande Tests the “Too Big to Fail” Hypothesis With $1B Bond Sale at 11%
Debt-laden developer China Evergrande announced on Monday that it had sold $1 billion in senior notes due in 2020, with the new paper carrying 11 … Read More>>
Top 20 Mainland Developer CIFI Holdings Said Laying Off 8% of Staff Amid Market Slide
China’s sixteenth largest property developer by sales CIFI Holdings will cut up to eight percent of its workforce, according to a report on Friday in … Read More>>
Shanghai
GIC-CapitaLand JV Buying Shanghai Mixed-Use Project for $1.85B
Singapore’s CapitaLand announced on Tuesday that its Raffles City China Investment Partners III (RCCIP III) fund has … Read More>>
Overseas Chinese Town Plans Sale of 50% Stake in RMB 11.5B Shanghai Project
Shenzhen-listed Overseas Chinese Town is selling its 50 percent ownership in a 110,000 square metre, RMB 11.5 billion … Read More>>
Designing a Shanghai Showcase for Alibaba’s New Retail
While Alibaba’s Jack Ma became famous as a leading force in e-commerce in China, the leader of China’s biggest online … Read More>>
Singapore
Sequoia Leads $6.5M Series A Investment in SG Co-living Platform Hmlet
Singapore-based co-living platform Hmlet last week announced that it has raised $6.5 million in a series A round led by … Read More>>
PGIM Said Buying Singapore’s 78 Shenton Way for S$680M
PGIM Real Estate is understood to have entered into an agreement with Alpha Investment Partners to buy 78 Shenton Way, a … Read More>>
WeWork Opens Three More SG Locations Adding 2,500 Desks
Global flexible workspace provider WeWork on Wednesday announced that it has opened three new locations in Singapore’s … Read More>>
Projects
Chinachem’s One Hennessy Office Tower Now 80% Leased in Hong Kong
Chinachem Group announced on Wednesday that its One Hennessy officer tower in Hong Kong’s Wanchai district has leased all but four of the available … Read More>>
China Jinmao Selling Xiamen Homes for Less Than Land Cost as Market Skids
Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low prices can go as the developer … Read More>>
Goldin Group Wins Latest Project in Hong Kong’s Kai Tak for HK$8.9B
Hong Kong’s Lands Department on Wednesday announced that a residential site on what was once the runway of the city’s Kai Tak Airport has been awarded … Read More>>
Retail
HK’s Causeway Bay Again Home to World’s Priciest Shopping Street
Russell Street in Hong Kong’s Causeway Bay outstripped Fifth Avenue in Manhattan to become the world most expensive retail street for the first time … Read More>>
Mainland Bank Leases Storefront in Central’s Wheelock House at 55% Discount
China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s … Read More>>
Taubman South Korean Project Takes Gold Award at ICSC Asia Event
The Asian arm of US mall operator Taubman Centers has won recognition for its achievements in the design and development creativity of the Starfield … Read More>>
Asia Outbound
Wanda Sells One Beverly Hills Project for a Reported $420M
Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed … Read More>>
CK Asset in Talks to Buy $920M London Project From Capco
Hong Kong billionaire property developer Li Ka-Shing’s CK Asset Holdings is in talks with a partner in a joint venture that owns Earls Court, a 3.4 … Read More>>
Singapore’s CDL Buys Former London Stock Exchange from Blackstone for £385M
Shrugging off Brexit concerns, City Developments Limited (CDL) had added another trophy asset to its London collection. The Singapore-listed … Read More>>
Hong Kong
Chinachem’s One Hennessy Office Tower Now 80% Leased in Hong Kong
Chinachem Group announced on Wednesday that its One Hennessy officer tower in Hong Kong’s Wanchai district has leased … Read More>>
Alibaba Co-Founders Buy Hong Kong Homes for $71.5M
Two co-founders of mainland e-commerce giant Alibaba Group are reported to have purchased a pair of luxury apartments in … Read More>>
Hong Kong Home Sells for $23,000 Per Square Foot to Set New Asia Record
A house in southern Hong Kong island was sold recently for a record-high price of HK$180,000 ($22,985) per square foot, … Read More>>
Co-Working & Flexible Office
Chinese Co-Working Unicorn Ucommune Raises $200M at $3B Valuation
Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, … Read More>>
New $3B Softbank Investment Boosts WeWork Valuation to at Least $42B
American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has … Read More>>
WeWork Opens Three More SG Locations Adding 2,500 Desks
Global flexible workspace provider WeWork on Wednesday announced that it has opened three new locations in Singapore’s … Read More>>
Research & Policy
China Property Data Roundup – October 2018
This is the week that China issues its latest batch of monthly data on the real estate sector, as tighter policy enforcement in the country’s major … Read More>>
China’s MOHURD Rolls Out Social Credit System for the Real Estate Industry
To follow through on President Xi Jinping’s vow of “homes are for living, not for flipping”, China’s primary real estate regulator on Thursday … Read More>>
Hong Kong Office Rents Set to Slide as SG Market Keeps Climbing
Rents in the world’s costliest office market, Hong Kong, may fall for the first time in four years during 2019, as a tanking stock market, rising … 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>>
