Asia Pacific real estate investment news and information
Digital Edge has acquired the remaining shares held by the original founders of Indonesia’s PT Indointernet, upping the majority stake already held by the Singapore-based startup in the data centre operator known as Indonet.
The buyout of shares held by… Read More>>
A residential site on Hong Kong’s Lantau Island drew a single bid from local builder Sino Land at a tender that closed Friday, potentially setting the stage for a fourth withdrawn plot at government land sales in 2023.
The low-density… Read More>>
After declining by 5.3 percent this year, Grade A office rents in Hong Kong are likely to tumble another 5 to 10 percent in 2024 as high interest rates and a global economic slowdown continue to challenge the leasing market,… Read More>>
Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>
Elanor Investors Group has set up a joint venture with Japan’s Kajima Corporation to develop an Australian logistics portfolio with a target value of A$250 million ($167.8 million).
The tie-up with Kajima’s Icon Developments unit is set to kick-start the… Read More>>
BlackRock has promoted Hamish MacDonald to head of Asia Pacific real estate equity, succeeding 16-year veteran John Saunders, who is leaving the world’s largest asset manager.
While retaining his role as chief investment officer of APAC real estate equity, MacDonald will… Read More>>
A co-founder of defunct Hong Kong co-working operator Campfire and his mother have each been sentenced to 30 months in prison for duping a business partner into paying a bogus commission fee on the acquisition of a Tsuen Wan community… Read More>>
The two eldest daughters of Far East Consortium boss David Chiu have received promotions, as the third generation advances at the Hong Kong-listed, family-controlled developer.
With effect from 1 January, 43-year-old Winnie Chiu and 40-year-old Wendy Chiu will serve as… Read More>>
Just 13 percent of Hongkongers polled by Citi say it’s a good time to buy a home, down from 16 percent a year ago, the global bank said Tuesday.
The latest figure, based on data from 1,100 respondents in September,… Read More>>
Once ranked as China’s richest man, Dalian Wanda boss Wang Jianlin is handing control of the mainland’s largest commercial developer to a creditor group led by Hong Kong private equity shop PAG after losing a bet that he could achieve… Read More>>
