In today’s roundup of regional real estate headlines, a court order puts $278 million worth of Wanda Commercial shares on ice, and giant cracks in the road spark an evacuation at a Country Garden residential project in northern China. Also… Read More>>
Hong Kong’s Arch Capital Enters Japan With 25-Asset Tokyo Multi-Family Buy
Arch Capital Management on Tuesday announced the acquisition of 25 multi-family assets in Tokyo for an undisclosed amount, marking the Hong Kong-based company’s first investments in Japan.
The properties, located within the capital’s special wards, are running at near full… Read More>>
Housing Comes First as Singapore Plans to Redevelop Sole Horse-Racing Track
The thunder of hooves will go silent at Singapore’s only horse-racing club next year, as the government plans to transform the facility in the northern Kranji area into a master-planned residential community.
The Singapore Turf Club, which manages and operates… Read More>>
BlackRock’s Head of China Quits Firm and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, BlackRock’s China boss departs after four years with the asset management giant, and a US data centre operator’s bankruptcy ripples through the portfolios of several Singapore-listed REITs. Also in the news, Lendlease… Read More>>
China Jinmao Chairman Resigns After One Month on the Job
The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.
Li Congrui resigned as chairman… Read More>>
Singapore Has APAC’s Highest Home Prices, Hong Kong Still Costs Double by Area
Singapore’s private homes have surpassed Hong Kong’s as the most expensive in Asia Pacific with a median price of $1.20 million per unit, according to research by the Urban Land Institute.
Homes in Hong Kong cost an average of $1.16… Read More>>
Swire Unveils $1B Finishing Touch to Miami Project and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, Hong Kong’s Swire Properties reveals plans for the last phase of its Brickell Key complex in Miami, and a report says the Chinese government is readying another round of support measures for… Read More>>
Singapore’s IREIT Buying 17 French Retail Properties for $82M
Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.
Classified as out-of-town retail parks, the freehold… Read More>>
Anthea Lee Exiting Keppel DC REIT as Manager Names Loh Hwee Long New CEO
The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.
Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>
Canada’s CDPQ Reportedly Closing Shanghai Office and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, Canada’s second-largest pension fund reportedly pauses investment in China, and Sichuan-based developer Languang is set to lose its listing on the Shanghai Stock Exchange after nine years of trading. Also in the… Read More>>
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