Singapore’s CapitaLand announced on Tuesday that its Raffles City China Investment Partners III (RCCIP III) fund has … Read More>>
Featured Stories
Warburg Pincus Investing Up to $413M into Hong Kong’s Weave Co-Living
US private equity firm Warburg Pincus on Monday announced that it is investing up to $413.5 million into Weave … Read More>>
TH Real Estate Launches $2B Asia Pacific Cities Fund
Global property investment manager TH Real Estate announced on Thursday that it has launched a $2 billion open-end core … 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
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 formed a 50:50 joint venture with Singapore’s sovereign wealth fund GIC to acquire the Star Harbour International Center project (上海星外滩) project in Shanghai’s Hongkou… Read More>>
JP Morgan Chase Builds 11% Stake in China Vanke
According to information from the Hong Kong stock exchange, JP Morgan Chase & Co used a flurry of share trades to build its stake in China Vanke, the third largest real estate developer in China, to 11.13 percent as of… Read More>>
Angry Customers Occupy Office of Defaulting Beijing Rental Housing Operator
Angry tenants and landlords occupied the Beijing office of Haoyuan Hengye Long Term Rental Apartment late last month to mount their own extra-legal detention of the housing company’s management.
The move against the rental housing operator was related to allegations… Read More>>
SJM Buys Floor of China Merchants Tower and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, there are signs of life in Hong Kong’s market for strata title office space as an affiliate of the owner of Sheung Wan’s Shun Tak Centre has bought up a whole floor in… Read More>>
CapitaLand Buys Guangzhou Project for RMB 882M and More Asia Real Estate Headlines
Singapore’s CapitaLand dominates the region’s real estate headlines today with news of its acquisition of a site in Guangzhou, being released on the same day that the developer confirmed a joint venture with GIC for an acquisition in Shanghai. Elsewhere… Read More>>
Asia Real Estate People in the News 2018-11-12
Top executives and board members of some of the region’s biggest property developers and investors are on the move as one of 2018’s biggest sellers of assets seems to have now disposed of the CEO of its key Hong Kong… Read More>>
Warburg Pincus Investing Up to $413M into Hong Kong’s Weave Co-Living
US private equity firm Warburg Pincus on Monday announced that it is investing up to $413.5 million into Weave Co-living, and has launched the partnership with a $181 million bet on the sharing economy startup.
The partnership with Weave is… Read More>>
CPPIB Sees Opportunities Amid US-China Trade Tension
The Canada Pension Plan Investment Board (CPPIB), one of the world’s biggest pension schemes, said the trade tensions between the United States and China could open up opportunities for the national pension fund manager to acquire Chinese assets at knock-down… Read More>>
Real Estate Finance
JP Morgan Chase Builds 11% Stake in China Vanke
According to information from the Hong Kong stock exchange, JP Morgan Chase & Co used a flurry of share trades to build its stake in China Vanke, … Read More>>
Angry Customers Occupy Office of Defaulting Beijing Rental Housing Operator
Angry tenants and landlords occupied the Beijing office of Haoyuan Hengye Long Term Rental Apartment late last month to mount their own extra-legal … Read More>>
Warburg Pincus Investing Up to $413M into Hong Kong’s Weave Co-Living
US private equity firm Warburg Pincus on Monday announced that it is investing up to $413.5 million into Weave Co-living, and has launched the … 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
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>>
CapitaLand Invests $20M to Bring Co-Working to Prime SG Towers
CapitaLand on Tuesday announced its “office of the future” strategy, which aims to integrate co-working style “flexible … Read More>>
Projects
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 formed a 50:50 joint venture with … Read More>>
China Vanke Buys Six Mainland Projects From Evergrande for RMB 355M
China Vanke has agreed to purchase six real estate projects in the provinces of Zhejiang and Jiangsu, as well as in the city of Chongqing, from a … Read More>>
Wanda Takes on RMB 30B Tourism Project in Lanzhou
After selling 13 Wanda tourism cities to Sunac China less than two weeks ago, mainland real estate tycoon Wang Jianlin's Dalian Wanda Group has agreed … Read More>>
Retail
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>>
Tencent Forms RMB 1.2B Greater China Grocery JV with ParknShop and Yonghui
Chinese internet giant Tencent is forming a RMB 1.2 billion (US$170 million) grocery joint venture with Shanghai-listed supermarket operator Yonghui … Read More>>
Asia Outbound
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>>
GIC Said to Buy Perth’s Exchange Tower for A$320M
Singapore’s sovereign wealth fund GIC is said to have successfully won a tender for a prime office building in Perth, Australia, paying more than … Read More>>
Hong Kong
Warburg Pincus Investing Up to $413M into Hong Kong’s Weave Co-Living
US private equity firm Warburg Pincus on Monday announced that it is investing up to $413.5 million into Weave … 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 … Read More>>
Henderson, New World, Wheelock and Empire Win Kai Tak Site for HK$8.33B
A four company consortium featuring some of Hong Kong’s biggest developers was announced as the winner of a government … Read More>>
Co-Working & Flexible Office
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>>
Mainland Co-Working Heavyweight Ucommune Acquires Rival Fountown
Chinese co-working giant Ucommune continued its 2018 expansion streak by fully acquiring its Shanghai-based rival … Read More>>
WeWork Opens in Kowloon East With Plans for 18 HK Centres
WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, … Read More>>
Research & Policy
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>>
Hong Kong Real Estate Deals Dropped 65% in Q3
Hong Kong’s real estate market went from red hot to frostbitten between June and October, with purchases of property assets in the city dropping by as … 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>>
