Asia Pacific real estate investment news and information
For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns about the Singaporean firm’s investment in mainland Chinese developer Sincere Property Group.
The resignation of independent non-executive director Koh… Read More>>
Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in Singapore are likely to rise in the second half of 2021, driven by a limited supply of new Grade A space… Read More>>
Hong Kong-listed developer Shui On Land Ltd and the UK’s family held Grosvenor Group have agreed to form a 50:50 joint venture to purchase the Nanjing International Financial Center office tower for RMB 1.62 billion ($250 million), according to an… Read More>>
Hong Kong developer Wharf Holdings Ltd on Wednesday announced its acquisition of the city’s priciest piece of residential land ever as it won a government auction of a site on Victoria Peak.
The blue-chip builder agreed to pay HK$12 billion… Read More>>
Singapore’s Keppel REIT on Wednesday said it had entered into an agreement to acquire a 100 percent stake in Keppel Bay Tower, an office building in the city-state’s HarbourFront area, from Keppel Land Ltd, as the trust seeks to capitalise… Read More>>
Singaporean sovereign fund GIC and Hong Kong-listed developer ESR are pursuing their mutual interest in India’s industrial real estate market — this time together — with the launch of a $750 million joint venture to build and acquire industrial and… Read More>>
Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.
This year… Read More>>
Colliers Hong Kong has hired former CBRE veteran Stanley Wong as senior executive director for capital markets and investment services, aiming to accelerate growth and attract new clients to the real estate brokerage.
Wong recently left CBRE, where he had… Read More>>
The latest edition of Mingtiandi’s roundup of regional personnel moves features the resignation of a mainland developer’s CEO and two high-profile departures from a Hong Kong-listed retailer’s board of directors.
Zhang Yadong has stepped down as… Read More>>
After finding fertile ground with its first data centre fund targeting investments in Asia Pacific and Europe, Singaporean conglomerate Keppel Corp has launched a second effort that just achieved a first closing in excess of $500 million.
Following up on… Read More>>
