Asia Pacific real estate investment news and information
China Overseas Land and Investment, the country’s third-largest developer by contracted sales in 2022, got off to a flying start in 2023 as first-quarter contracted sales jumped 73.2 percent year-on-year to RMB 83.6 billion ($12 billion).
Sales of domestic commodity… Read More>>
Tenants in Hong Kong’s Grade A office market gave up 248,000 square feet (23,040 square metres) more than they leased during the first quarter of 2023 as an immediate rebound from the Lunar New Year holiday lull failed to materialise,… Read More>>
In today’s roundup of regional news headlines, Hong Kong home prices climb for a third month in a row as cross-border traffic returns, and ESR completes its latest logistics facility in Japan. Also in the news, US data centre player… Read More>>
GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a total floor area of 55,000 square metres (592,015 square feet).
GLP Kobe Sumiyoshihama and GLP Rokko V are near the port… Read More>>
Singapore-listed CapitaLand China Trust on Tuesday offered an upbeat appraisal of the REIT’s first-quarter performance, highlighting year-on-year increases in sales and foot traffic and a gradual rise in occupancy across the retail portfolio.
Retail sales at the trust’s properties rose… Read More>>
In today’s roundup of regional news headlines, Vietnam’s construction ministry says the number of property-related businesses suspending operations soared in the first quarter at the same time that prices for some luxury homes in the country’s capital fall by 40… Read More>>
At least $264 billion in new capital was raised globally for non-listed real estate investment in 2022, down 8 percent from the previous year, as high inflation and interest rate rises stirred market uncertainty, according to data compiled by a… Read More>>
First-quarter deal volume in Singapore’s real estate market more than doubled to S$5.63 billion (now $4.2 billion) compared with the previous three months, boosted by a trio of retail disposals by Mercatus Co-operative, according to Savills.
Mercatus, the property arm… Read More>>
In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land sale of the year, and Fitch withdraws its ratings on Blackstone-backed data centre firm VNET. Also making the list is an industrial… Read More>>
A luxury home at the Mount Nicholson project on Hong Kong’s Peak has sold for HK$577.4 million ($73.5 million), showing that prices have barely budged at the exclusive development since the last time units transacted there almost four years ago.
