Asia Pacific real estate investment news and information
Manulife US REIT (MUST) has unveiled a recapitalisation proposal involving a $235.7 million lifeline from its sponsor and a hoped-for one-year debt extension from creditors, in an effort to rescue the Singapore exchange’s most over-leveraged property trust.
The bailout includes… Read More>>
The central bank of Singapore sees home price and rent growth slowing over the near term as demand cools and the government continues add more residential sites to the development pipeline.
In this year’s Financial Stability Review, the Monetary Authority… Read More>>
Hong Kong’s Tsim Sha Tsui slid to the third spot among the world’s most expensive shopping districts this year as economic recovery in the Asian financial hub lagged its global peers, according to a report released this month.
Retail rents… Read More>>
A light industrial building in Singapore’s Paya Lebar area is being sold for S$81.18 million ($60.6 million) as investors continue to pay up for shed sites in the land-scarce city-state.
A tender for the collective sale of the Noel Building,… Read More>>
A creditor has taken over two mansions on Hong Kong’s Peak once valued at a reported HK$1.5 billion ($192 million) in the latest seizure of assets linked to fallen mainland billionaire Xu Jiayin and his China Evergrande Group.
Land Registry… Read More>>
A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s most exclusive districts, once its lease expires in three years, as the government continues to expand housing supply.
Mall rents in Singapore’s famed Orchard Road shopping area inched up by 1.3 percent in the third quarter from the preceding three months on the back of a rebound in travel and the ongoing rejuvenation in the area.
Average passing… Read More>>
Singapore property giant City Developments Limited (CDL) has expanded its bets on UK residential with the acquisition of a condo-led mixed use project in London and a rental apartment project in Manchester.
A joint venture between CDL and UK developer… Read More>>
Singapore home sales declined for a third consecutive month in October, with the 203-unit tally marking the lowest total this year as homebuyers await lower prices.
Developers’ sales of new private homes last month fell by 6.5 percent from the… Read More>>
A favourable business environment, growing regional momentum and a supportive ecosystems are leading more global, institutional investors to set up shop in Singapore, at the same time that the city’s limited real estate market pushes investors to shop for… Read More>>
