In today’s roundup of regional news headlines, China’s property crisis drags on as new home prices fall for a 14th month in a row, Beijing-based developer Sunac huddles with creditors to discuss an onshore debt restructuring, and Guangzhou builder Agile… Read More>>
A shortage of major condo launches dampened Singapore’s new private home sales in October, with transactions plunging 68.4 percent from the previous month to 312 units sold.
Fresh housing curbs imposed by the central bank and a limited supply of… Read More>>
A commercial project in Hong Kong’s West Kowloon area drew just a single bid at a tender held by the local cultural authority, with blue-chip builder Sun Hung Kai Properties making an offer of an undisclosed amount.
A representative for… Read More>>
BDx Indonesia has announced plans to develop a 100-megawatt data centre campus near Jakarta as the operator’s fifth server-hosting facility in and around the capital, signalling a robust expansion in the fast-growing market.
Dubbed CGK5, the new data centre is… Read More>>
In today’s roundup of regional news headlines, mainland developer Country Garden plans a sale of new shares to help mend its finances, Blackstone’s India retail arm reportedly adds an upscale Delhi mall to a forthcoming REIT, and GuocoLand Malaysia swings… Read More>>
Residential rents rose at the highest rate ever recorded in Singapore during the third quarter, according to a new report by Savills analysing government data.
Leasing rates for landed and non-landed properties in the Little Red Dot surged 10.9 and… Read More>>
In today’s roundup of regional news headlines, a 1970s-era commercial tower heads for collective sale in Singapore, SGX-listed First REIT reportedly targets a portfolio of Aussie healthcare assets, and China’s stimulus measures boost Hong Kong-listed property stocks.
Fears of an economic slowdown and higher interest rates squelched sales of income-earning real estate assets in Asia Pacific during the third quarter of 2022, with trades of office properties plunging 45 percent year-on-year to $14.9 billion, according to MSCI… Read More>>
In today’s roundup of regional news headlines, Chinese stocks get a much-needed boost from Beijing’s move to ease some COVID curbs, Fitch downgrades developer Central China Real Estate after a missed interest payment, and Hong Kong-based expats nab housing bargains.
Savills Investment Management has completed its first acquisitions in Japan’s office and residential sectors under the firm’s flagship pan-Asian fund, with the vehicle also picking up a majority stake in a Perth neighbourhood mall for its third purchase in Australia.