Asia Pacific real estate investment news and information
Hotel Properties Ltd, the builder controlled by billionaire Ong Beng Seng, has secured provisional permission from Singapore’s Urban Redevelopment Authority to transform a set of Orchard Road buildings into a mixed-use project with hotel, retail, office and residential components.
The… Read More>>
China Evergrande’s Hong Kong-listed shares began trading Monday for the first time since March of last year, but the moment failed to translate to momentum as the defaulted developer’s stock dropped 79 percent in price to end the session at… Read More>>
In today’s roundup of regional news headlines, Chinese authorities roll out fresh measures to encourage homebuying, with Shanghai officials reportedly considering a toned-down stimulus package for the megacity. Also on the list are Country Garden’s disposal of a project stake… Read More>>
Asian private equity major PAG has agreed to acquire buyout giant KKR’s controlling interest in Australian Venue Co, an operator of pubs, restaurants and event spaces, for an undisclosed amount.
AVC owns and operates a portfolio of more than 210… Read More>>
Hong Kong’s Grade A office market in July saw tenants give back 224,600 square feet (20,866 square metres) more than they took up, though rising momentum from travel and leisure occupiers offered a bright spot amid the gloom, according to… Read More>>
In today’s roundup of regional news headlines, WeWork’s creditors eye bankruptcy proceedings for the flexible office giant, and the Chinese government approves business plans for two fund management giants. Also making the cut are a court ruling on contested land… Read More>>
Data centre operators in Asia Pacific are turning to the region’s emerging markets for expansion as a dearth of land parcels and available power creates headwinds in mature locations, according to a report by Cushman & Wakefield.
Indonesia, Malaysia, the… Read More>>
Kaisa Group Holdings on Wednesday warned of a likely loss in the range of RMB 6 billion to RMB 7 billion ($820 million to $960 million) for the first half of the year, adding to the mainland builder’s sea of… Read More>>
In today’s roundup of regional news headlines, mainland-focused developer Shui On Land posts upbeat first-half results as high interest rates punish Hong Kong builder K Wah. Also on the list are WeWork’s restructuring and Goldman’s China analysis.
China Evergrande has completed an internal review of its internal controls and procedures, along with issues raised by its former auditor over a $2 billion loan scheme, with the defaulted developer stating that the changes being made will satisfy listing… Read More>>
