A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.
House 5… Read More>>
Asia real estate and outbound investment news
A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.
House 5… Read More>>
Hong Kong’s Hysan Development warned of a 2023 attributable loss on the order of HK$900 million ($115 million) in an update issued without fanfare on Chinese New Year’s Eve.
The expected loss marks a narrowing of the HK$1.16 billion shortfall… Read More>>
Former BlackRock real estate boss Anne Valentine Andrews will join Manulife Investment Management next month as global head of private markets, the Canadian firm announced this week.
Valentine Andrews will lead all investment teams and direct the overall strategy, business… Read More>>
Singaporean developer Oxley Holdings posted a fiscal first-half loss attributable to shareholders of S$1.1 million, reversing a year-earlier profit of S$300,000, as revenue plunged 63 percent year-on-year to S$164.4 million ($122 million).
The reduced revenue haul in the six months… Read More>>
Trades of income-generating real estate in Asia Pacific tumbled 28 percent in 2023 to $139.7 billion, the lowest annual reading for the region since 2012, according to MSCI.
Although rising interest rates over a roughly two-year period squeezed investment, dealmaking… Read More>>
The Cheng family behind New World Development has called for the dismissal of Peter Lau from his role as CEO of Giordano International, the Hong Kong-listed fashion retailer in which a Cheng-controlled vehicle is the largest shareholder.
The clan led… Read More>>
Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse project in Thailand, and the closing of a core logistics private fund in Japan.
The investment manager in December acquired Omega 1 Bang Na,… Read More>>
Manulife Investment Management has joined forces with Indonesia’s sovereign wealth fund on a strategic partnership targeting infrastructure development and real estate plays in Southeast Asia’s largest country.
The tie-up between Canada’s Manulife IM and the Indonesia Investment Authority aims to… Read More>>
CapitaLand Integrated Commercial Trust posted second-half distributable income of S$362.5 million, up 2.1 percent year-on-year, bringing the REIT’s full-year payout to S$715.7 million ($532 million), up 1.9 percent.
Singapore-listed CICT’s distribution per unit for 2023 was 10.75 Singapore cents, up… Read More>>
Korea Investment Corporation has opened an office in Mumbai, establishing India as the sovereign wealth fund’s first emerging-market outpost.
KIC received regulatory approval for the office from India’s central bank on 24 January, it said late last week in a… Read More>>