Singapore’s sovereign wealth fund has gone back for its fourth helping of ESR warehouses this year with GIC now committing A$480 million ($337 million) to a logistics development partnership in Australia, according to a stock exchange announcement on 24 September.
Beleaguered co-working operator WeWork raised some much needed cash on Thursday when it announced that it had sold a $200 million stake in its China division to a consortium led by Shanghai’s Trustbridge Partners.
Trustbridge is taking the lead among… Read More>>
Singapore’s light industrial assets continued to find favour with investors last week as a developer listed on the city’s Catalist exchange picked up a plot in the city’s Bukit Merah district for S$112,500,000 ($83 million).
SLB Development has agreed to… Read More>>
After a gruesome start to the year, home sales in China continued to climb in August, and the country’s developers are responding by pouring more money into the sector, according to official data published this week.
Sales of new real… Read More>>
60 years after it was founded, the future of one of Hong Kong’s largest property developers became more apparent this month when the board of Hang Lung Properties appointed Adriel Wenbwo Chan as its new vice chair.
Chan, the son… Read More>>
Under a cloud of sanctions and suspended trade privileges, the US government sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million), the developer said in an email to Mingtiandi… Read More>>
As a complement to the Singapore government’s vision to create a “world-class learning ecosystem in the research and knowledge hub,” Singapore’s CapitaLand unveiled its latest addition to the One North technology park on 9 September, the 400,000-square foot (37,100… Read More>>
The migration away from the world’s priciest office location continues with one of Hong Kong’s biggest office deals so far in 2020 taking a major tenant away from its current home in the city’s Central district.
The Hong Kong Mortgage… Read More>>
Bain Capital-backed Chinese hyperscale data centre operator Chindata Group is getting ready to make its debut on the New York Stock Exchange later this month, according to a report by Reuters on 1 September citing sources familiar with the planned… Read More>>
Hong Kong’s Shui On Land, New World Development and Swire Properties, along with Singapore’s City Developments Limited, all came up winners at a real estate industry awards event held this week with the developers each taking home prizes from the… Read More>>