Asia Pacific real estate investment news and information
A consortium of Hong Kong-based Sino Land and mainland builder China Merchants Land has won the tender for a redevelopment site in Kowloon’s To Kwa Wan area with a lower-than-expected bid of just under HK$2.39 billion ($300 million).
The Urban… Read More>>
In today’s roundup of regional news headlines, sovereign investor GIC reportedly lends financial muscle to a build-to-sell residential venture in Australia, an IMF official sees a long road ahead for China’s property crisis, and Singapore’s Keppel Land sells its stake… Read More>>
American architecture giant Skidmore, Owings & Merrill has revealed its design for an Alibaba-backed tower soaring 350 metres (1,148 feet) in height to become Singapore’s tallest skyscraper upon completion.
The 63-storey mixed-use development at 8 Shenton Way in the Tanjong… Read More>>
In today’s roundup of regional news headlines, lived-in home prices in Hong Kong fall to their lowest since early 2019, while city-based lender Bank of East Asia sustains record-high bond losses driven by China’s housing crisis.
Hong… Read More>>
Moody’s Investors Service on Tuesday downgraded Fosun International and gave the mainland conglomerate a negative outlook, citing a prohibitive short-term debt load, but not before the Chinese conglomerate announced that it was terminating its relationship with the rating agency.
Moody’s… Read More>>
Mainland developer Ronshine China Holdings has defaulted on its third set of offshore bonds in a little over three months after failing to pay off a $700 million note that matured this week.
The Singapore-listed bonds carry a coupon rate… Read More>>
In today’s roundup of regional news headlines, Moody’s reports that Singapore homeowners are using more of their income to service mortgages, Hong Kong’s URA invites dozens of developers to a Sai Ying Pun project tender, and SGX-listed Keppel REIT posts… Read More>>
ESR has closed the sale of its office tower at 73 Miller Street in North Sydney for A$400 million ($253 million), as the industrial specialist looks to unload pieces of its Australia-based Propertylink portfolio.
Investment banking giant UBS purchased the… Read More>>
Singapore investors are playing a growing role in Australia’s real estate market, with surging borrowing costs opening up opportunities in the credit space… Read More>>
In today’s roundup of regional news headlines, a unit of Chinese developer Yango loses its wind-up case in a Hong Kong court, India’s DLF says it’s likely to delay a planned REIT launch, and a Singapore commercial development goes up… Read More>>
