Asia Pacific real estate investment news and information
BDx Indonesia on Tuesday announced plans to acquire the data centre portfolio of Jakarta-based Indosat Ooredoo Hutchison for IDR 2.63 billion ($170 million).
The portfolio of carrier-neutral co-location and edge facilities includes 10 strategic sites linked to six domestic and… Read More>>
Singapore’s property market felt the pressure of rising interest rates in 2023 with investment plunging 31.8 percent to S$21.1 billion ($15.9 billion), according to Knight Frank.
Residential deals, comprising mostly government land sales, amounted to S$10.3 billion or 47.7 percent… Read More>>
Despite credit downgrades, disappearing associates and an aborted mall IPO, Dalian Wanda kept its crown as China’s biggest commercial developer last year, and the race wasn’t close.
Dalian Wanda Commercial Management, the primary holding company for Wanda’s commercial and hospitality… Read More>>
The spectre of “illegal crimes” haunts China Evergrande once again, with authorities reportedly detaining an executive director of the troubled developer’s electric car unit.
Evergrande New Energy Vehicle “has learned that its executive director Mr Liu Yongzhuo has been detained… Read More>>
HSBC Asset Management has promoted Michael Cross to chief investment officer for Asia, with the longtime executive shifting from London to the UK finance giant’s Hong Kong office.
The new role is an expansion of Cross’s continuing commitment as global… Read More>>
The third generation is on the rise at Singapore’s Hiap Hoe, with former chairman Teo Ho Beng retaking the top board spot at the real estate firm after a nearly seven-year interval as his son Marc Teo succeeds him as… Read More>>
Hong Kong has paused government sales of commercial and residential land for the first quarter of this year because of weak demand from developers after a string of lacklustre tenders.
In the January-to-March period, which corresponds to the fourth quarter… Read More>>
Country Garden’s two-year reign as China’s biggest developer came crashing to earth in 2023 as the Guangdong-based builder’s contracted sales plunged 53.3 percent on the year to RMB 216.9 billion ($30.6 billion).
After knocking longtime champion China Evergrande out of… Read More>>
Annual completions of private housing in Hong Kong for the three years of 2026-28 are expected to fall 44 percent compared with those in 2023-25, according to a JLL forecast.
Declining homebuyer interest and pressure on builders from high interest… Read More>>
Guangzhou R&F Properties has announced the resignation of co-chairman Zhang Li as a board member and CEO, effective 29 December.
Zhang, who co-founded the developer with Hong Kong businessman Li Sze Lim in 1994, stepped down “due to his other… Read More>>
