Asia Pacific real estate investment news and information
In today’s roundup of regional news headlines, China Oceanwide unloads a Hawaiian development site at an amended price, Goldin’s Guangzhou commercial project fails to sell at auction for a second time, and Singapore’s SPH REIT gets a rebranding.
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Hong Kong property agency Midland Holdings expects to report a full-year loss after recording an estimated net loss attributable to shareholders of HK$480 million ($61.6 million) for the first 11 months of 2022.
The anticipated result would reverse the company’s… Read More>>
Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and development sites in Jiangsu province for RMB 225 million ($32.3 million).
The completion took place Tuesday, Zendai said in a filing… Read More>>
In today’s roundup of regional news headlines, Hong Kong home prices tumble to a fresh multi-year low, and Hysan Development plans an upgrade of its flagship Lee Garden portfolio in Causeway Bay.
Hong Kong Home Prices Fell… Read More>>
SEA Holdings is selling a half-stake in its luxury residential project in Hong Kong’s Repulse Bay area just 10 months after the local developer picked up the site for HK$1.19 billion ($152.3 million) at a government auction.
The HKEX-listed builder… Read More>>
Singaporean telecom major Singtel has entered Indonesia’s data centre market, joining forces with longtime partner Telkom and energy firm Medco Power to develop a 51-megawatt hyperscale campus in Batam, across the Singapore Strait from the island city-state.
The three companies… Read More>>
Two Chinese developers lead today’s roundup of regional news headlines, as Dalian Wanda revamps one of Beijing’s biggest malls and a new investor takes over construction at a pair of China Evergrande’s projects in Kunming. The city of Dongguan, meanwhile,… Read More>>
A connected-party deal that raised eyebrows when it was announced by Shimao Services a year ago has been terminated, with the company telling the Hong Kong stock exchange last week that it would no longer acquire a mainland-based property management… Read More>>
A landlord’s market took hold of Singapore’s residential leasing sector in 2022 and is likely to persist in the new year amid strong leasing demand and tight rental stock, according to PropNex Realty.
Delays in the completion of new condos… Read More>>
In today’s roundup of regional news headlines, Singaporean developer Chuan Hup plans a new addition to its Australian property portfolio, and BOJ boss Haruhiko Kuroda clarifies his goals after last week’s widening of the allowance band for the central bank’s… Read More>>
