CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for … Read More>>
Featured Stories
Warburg Pincus Leads $180M Investment in Biz Park Developer D&J China
An affiliate of private equity giant Warburg Pincus has led a $180 million Series D investment in business park operator … Read More>>
Sponsored Features
5 Workplace Shifts Businesses Must Make to Be Successful
According to a new report from Colliers International (NASDAQ and TSX: CIGI), a global leader in commercial real estate … Read More>>
Creating a Riverfront Retail Destination at Harbour City in Shanghai
Pressure from e-commerce is focusing physical retail on the appeal of shopping as a social activity. Leveraging the … Read More>>
Breaking News
BlackRock Sets 2017 Record With $1.5B Sale of SG’s Asia Square 2 to CCT
CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for approximately S$2.1 billion ($1.5 billion), marking the largest office transaction in Asia Pacific this year and the second-largest globally.
The deal for the… Read More>>
GIC-Backed Greystar Fund Buys US Developer for $4.4B and More Asia Real Estate News
At the top of today’s real estate headlines, a Greystar fund backed by Singapore’s sovereign wealth fund is buying out a US apartment developer for $4.4 billion, while one of Hong Kong’s richest families makes a $1.2 billion investment in… Read More>>
Angela Leong Said To Buy London Office Building for $338M
Casino billionaire Angela Leong has reportedly become the latest Hong Kong investor to bet on London’s property market, scooping up a historic building in the city’s Midtown district for around £250 million ($338 million).
Leong, the fourth wife of Macau… Read More>>
Korea Investment Corp Opens Singapore Office
Korea Investment Corporation (KIC) has opened an office in Singapore, as the $122 billion sovereign wealth fund continues to expand its alternative investments beyond its east Asian home base.
KIC will manage assets locally through the Singapore office, while building… Read More>>
Keppel Land Buys Jakarta Site for $45M and More Asia Real Estate Headlines
One of Singapore’s biggest developers leads today’s property news with a $45 million site acquisition in Jakarta, while two other SG-listed players fall short in their bid to buy out United Engineers. Also in the news, Hong Kong’s largest developer… Read More>>
Warburg Pincus Leads $180M Investment in Biz Park Developer D&J China
An affiliate of private equity giant Warburg Pincus has led a $180 million Series D investment in business park operator D&J China, as the Shanghai-based company builds up its industrial property platform across key cities in the mainland.
The capital… Read More>>
China Home Price Growth Frozen in August as Curbs Take Effect
Growth in prices of new homes in China’s major cities nearly ground to a standstill in August, slowing still further from July, according to official data released on Monday, as demand suppression measures continue to lock down the housing market.
SG Tycoon Investing $5B to Build Data Centre Empire and More Asia Real Estate Headlines
Leading today’s news, one of Singapore’s richest men is going big on data, or at least on the buildings that house it, while Australia picks up 4.6 billion baht by selling its Bangkok embassy site to a local developer. Also… Read More>>
Real Estate Finance
BlackRock Sets 2017 Record With $1.5B Sale of SG’s Asia Square 2 to CCT
CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for approximately S$2.1 billion ($1.5 … Read More>>
Korea Investment Corp Opens Singapore Office
Korea Investment Corporation (KIC) has opened an office in Singapore, as the $122 billion sovereign wealth fund continues to expand its alternative … Read More>>
Warburg Pincus Leads $180M Investment in Biz Park Developer D&J China
An affiliate of private equity giant Warburg Pincus has led a $180 million Series D investment in business park operator D&J China, as the … Read More>>
Shanghai
JLL Hires APAC Enterprise Strategy and Innovation Head
JLL is stepping up its commitment to a scientifically-driven approach to consulting as the global property services firm … Read More>>
Vanke, China Resources Buy New Shanghai Sites as City Sells $2B in Land
The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as … Read More>>
Starbucks Buys Out East China JV for $1.3B, Plans 5,000 Mainland Shops by 2021
Starbucks is buying out its East China joint venture for around $1.3 billion in the company's biggest acquisition ever, … Read More>>
Projects
Regus Unit to Open 20-Storey Co-Working Tower in Hong Kong’s Sheung Wan
A new player has jumped into Hong Kong's rapidly growing co-working sector, with Amsterdam-based Spaces leasing out an entire building in a prime area … Read More>>
WeWork Calls UrWork a Co-Working CopyCat in NY Lawsuit
Shared office giant WeWork is suing Beijing-based rival UrWork over its “confusingly similar name” as the Chinese company prepares to launch a new … Read More>>
Country Garden Buys Hong Kong Waterfront Site From Wang On for $313M
China's Country Garden has shrugged off a government clampdown on cross-border capital flows by acquiring its second Hong Kong project in less than … Read More>>
Retail
Wanda Mall Sell-Off Raises Questions on Health of China Operations
During the last few weeks Dalian Wanda Group has announced the sale of more than $9.3 billion of its domestic hotel and tourism projects as the … Read More>>
CLSA Capital Partners Sells Hong Kong’s Zing! Retail Centre for $269M
CLSA Capital Partners has sold Zing!, a 27-storey retail centre in the heart of Hong Kong's Causeway Bay retail district, for HK$2.1 billion ($268.6 … Read More>>
Gaw-Backed Florentia Village Opens Hong Kong, Wuhan Outlets
Chinese shoppers with a taste for discounted luxury goods are in luck, as Florentia Village expands its network of designer outlets into central China … Read More>>
Asia Outbound
Angela Leong Said To Buy London Office Building for $338M
Casino billionaire Angela Leong has reportedly become the latest Hong Kong investor to bet on London's property market, scooping up a historic … Read More>>
Frasers Centrepoint Buys UK Business Parks From Oaktree for $906M
Singapore-listed Frasers Centrepoint is taking a bet on British business parks by acquiring a portfolio of UK properties around London and Glasgow, … Read More>>
CIC Dominates Outbound Deals as China Reins in Investors
As China clamps down on cross-border capital flows, sovereign wealth fund China Investment Corporation (CIC) has re-emerged this year as the country's … Read More>>
Hong Kong
Regus Unit to Open 20-Storey Co-Working Tower in Hong Kong’s Sheung Wan
A new player has jumped into Hong Kong's rapidly growing co-working sector, with Amsterdam-based Spaces leasing out an … Read More>>
Mandarin Oriental Said Offered Record $3.8B for Excelsior Hotel
The Mandarin Oriental Hotel group has begun to receive offers for the Excelsior Hotel in Hong Kong's Causeway Bay, with … Read More>>
Country Garden Buys Hong Kong Waterfront Site From Wang On for $313M
China's Country Garden has shrugged off a government clampdown on cross-border capital flows by acquiring its second … Read More>>
Research & Policy
China Home Price Growth Frozen in August as Curbs Take Effect
Growth in prices of new homes in China's major cities nearly ground to a standstill in August, slowing still further from July, according to official … Read More>>
Mainland Demand Boosts Central Office Rents to New Record – Mingtiandi Hong Kong Office Index
Average grade A office rents in Hong Kong's Central district climbed to historical highs in the second quarter, driven by escalating demand from … Read More>>
Mainland Developers Push Parking as Govt Dictates Home Prices
Beleaguered home buyers in China's largest cities look like they've caught a break this year, as average housing prices in Beijing slid 0.1 percent in … Read More>>
Design & Construction
URWork Raises $30M from Kunming Developer, Plans 30K SQM Project
URWork, the Beijing-based shared office unicorn, has flexed its fundraising muscles once again by completing a new funding round for RMB 200 million … Read More>>
Benoy’s Parc Central in Guangzhou Wins Gold at ICSC China Awards
Hong Kong Developer Sun Hung Kai only opened its Parc Central shopping centre in Guangzhou last year, but the 83,000 square metre (900,000 square … Read More>>
Ping An Finance Center Now China’s Second Tallest
Ping An Finance Center, a 599-metre (1965-foot) skyscraper in Shenzhen is now officially China’s second tallest building. The Kohn Pedersen … Read More>>
