City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore for … Read More>>
Featured Stories
Singapore’s SPH Spends £133.7M on 4th Purchase of UK Student Housing in 8 Months
Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, … Read More>>
Sponsored Features
International Real Estate Investment Firm Finds a New Name, and Profit, In Helping Asia Go Green
Asian cities are expected to attract more than $20 trillion in investment in environmental improvements by 2030, … Read More>>
Private Island Site in Danang Ready for Development of 32 Luxury Villas
A 3000 metre waterfront development site in Danang, Vietnam, with approved plans in place for 32 super-luxury villas, is … Read More>>
Breaking News
CDL, Alpha JV Selling Eastern Singapore Office Blocks for S$395M
City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore for a reported S$395 million ($291.5 million), marking the second divestment from a joint venture between the listed developer and the private… Read More>>
GIC, COFCO Said Piloting Mainland REIT and More Asia Real Estate Headlines
The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been millimetring toward listed property trusts for more than a decade, but now seem ready to launch a pilot… Read More>>
Singapore’s SPH Spends £133.7M on 4th Purchase of UK Student Housing in 8 Months
Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, allowing the publisher turned property developer to increase its portfolio of UK university accommodation by 1,243 beds to 5,059, the company announced… Read More>>
WeWork Said to Back Out of Five Hong Kong Lease Deals and More Asia Real Estate Headlines
Mainland investors are back in a buying mood, according to news reports from China today, but the world’s biggest co-working provider may be feeling suddenly budget-conscious in Hong Kong a new account from Reuters says. Meanwhile in Singapore, the landlords… Read More>>
BlackRock Names Tony Tang Head of China
Asset management giant BlackRock on Wednesday named veteran finance executive Tony Tang as its new head of China, as the US-based firm continues to ramp up its presence in the world’s second-largest economy.
The 46-year-old, who since May last year… Read More>>
HNA’s CWT International Defaults on HK$1.4B Loan
CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a HK$1.4 billion ($179 million) loan it received less than seven months ago — an event which its creditors say could lead… Read More>>
New HK Office Leases Drop 30% in March and More Asia Real Estate Headlines
China’s first quarter surge of liquidity is already helping to boost mainland home prices, but relief may not yet have spread beyond its borders, judging by reports from around the region this week. In Hong Kong, a paucity of mainland… Read More>>
Regus Parent IWG Sells Japan Business for £320M in Shift to Franchise Model
IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the flexible office provider shifts toward a franchise model.
The London-listed firm is selling 100 percent of the equity in the… Read More>>
Real Estate Finance
CDL, Alpha JV Selling Eastern Singapore Office Blocks for S$395M
City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore for a reported S$395 million … Read More>>
HNA’s CWT International Defaults on HK$1.4B Loan
CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a HK$1.4 billion ($179 million) loan … Read More>>
Singapore’s UOL Pays S$675.3M to Buy Out Marina Bay Partners
Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 million) to take 100 percent … Read More>>
Shanghai
Burberry Shuts Shanghai Flagship Store in Global Retrenchment
Burberry closed the doors to its flagship store in Shanghai on March 31st, according to local media accounts, as the … Read More>>
Brookfield Buys Shanghai Complex From Greenland for RMB 10.6B
Canada’s Brookfield Asset Management has agreed to purchase a commercial property project in Shanghai’s South Bund area … Read More>>
Sunac Pays RMB 1.16B to Add Pair of Shanghai Land Parcels to Pipeline
Sunac China won two residential plots in Shanghai’s most distant district on Monday, agreeing to pay the city government … Read More>>
Singapore
CDL, Alpha JV Selling Eastern Singapore Office Blocks for S$395M
City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore for … Read More>>
Singapore’s SPH Spends £133.7M on 4th Purchase of UK Student Housing in 8 Months
Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, … Read More>>
New HK Office Leases Drop 30% in March and More Asia Real Estate Headlines
China’s first quarter surge of liquidity is already helping to boost mainland home prices, but relief may not yet have … Read More>>
Projects
Goldin’s Pan Sutong Sells Kowloon Bay Project for HK$5B
Pan Sutong, chairman of Hong Kong's Goldin Group, and the city's 16th richest man, has sold a commercial site in the Kowloon Bay area for an estimated … Read More>>
CR Land, Sunac Spend Combined RMB 5B on Jiangsu Sites and More China Project News
Eastern China’s Yangtze River Delta has taken a starring role in April land purchases by mainland developers, with China Resources Land, Sunac, … Read More>>
Sequoia-Backed Hmlet Co-Living to Roll Out 150 Room Singapore Location
Singapore-based co-living startup Hmlet has secured its biggest location to date, according to a statement today by the company, taking on a former … Read More>>
Retail
Jardine-Backed Yonghui Buys Controlling Stake in Wuhan Retailer for RMB 559M
Jardine Matheson-backed Yonghui Superstores is to become the controlling shareholder in central China regional supermarket chain Zhongbai Holdings … Read More>>
Burberry Shuts Shanghai Flagship Store in Global Retrenchment
Burberry closed the doors to its flagship store in Shanghai on March 31st, according to local media accounts, as the brand that made trench coats … Read More>>
SF Express Shuts China Shops as Retail Venture Fails to Deliver
Chinese logistics company SF Express is said to be closing its offline retail stores in some of China's largest cities amid an economic slowdown and … Read More>>
Asia Outbound
Singapore’s SPH Spends £133.7M on 4th Purchase of UK Student Housing in 8 Months
Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, allowing the publisher turned … Read More>>
GIC Takes 25% Stake in €2B European Hotel Group CitizenM
Singaporean sovereign wealth fund GIC announced last week that it had secured a 25 percent stake in the €2 billion ($2.25 billion) European hotel … Read More>>
Blackstone Buys Vancouver’s Bentall Centre From Anbang
Blackstone has teamed up with Los Angeles-based Hudson Pacific Properties to acquire the Bentall Centre in Vancouver from Anbang Insurance, a deal … Read More>>
Hong Kong
New HK Office Leases Drop 30% in March and More Asia Real Estate Headlines
China’s first quarter surge of liquidity is already helping to boost mainland home prices, but relief may not yet have … Read More>>
Buyer of HK$9.95B Henderson Project in Hong Kong Arrested for “Mafia” Practices
China Create Capital Ltd burst into the headlines early last year when the little-known investment firm purchased a Hong … Read More>>
Troubled Mainland Investor Sells Wan Chai Office Floors for HK$1.8B in Liquidation Sale
Troubled investors from mainland China continue to generate activity in Hong Kong’s real estate market, with a set of … Read More>>
Co-Working & Flexible Office
Regus Parent IWG Sells Japan Business for £320M in Shift to Franchise Model
IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the … Read More>>
Chinachem Sues Kr Space for HK$500M After HK Co-Working Lease Collapse
Hong Kong-listed Chinachem is suing Kr Space for HK$500 million ($63.8 million) accusing the mainland co-working space … Read More>>
Philippine Co-Working Startup Wins Backing From CIMB-Mitsubishi Fund
Filipino co-working operator KMC has won fresh financial backing from a Malaysian-Japanese investment fund, according to … Read More>>
Research & Policy
Tahoe Exec Linked to Gangster Buyer of Hong Kong Tower Detained in Shenzhen
A senior executive of Fuzhou-based property developer Tahoe Group is said to have been detained since last week for reasons suspected to be linked to … Read More>>
NDRC Rules Out Hukou Restrictions in Small Cities and More China Policy News
Editor’s note: This article provides a round up of recent regulatory moves in mainland China, along with insights into the impact that these new … Read More>>
Developers Defy Commercial Home Sales Ban and More China Policy News
Editor’s note: This article provides a round up of recent regulatory moves in mainland China, along with insights into the impact that these new … Read More>>
Design & Construction
Shimao Picks AS+GG as Architects for China’s Tallest Building
Developer Shimao Property Holdings has chosen a designer for its planned 700 metre (2,296 foot) tall tower in Shenzhen’s Longgang district, with … Read More>>
KPF’s Lotte World Tower in Seoul Wins Super Skyscraper Title
The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out Zaha Hadid Architects' … Read More>>
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>>
