Singaporean real estate firm Hiap Hoe announced that the attempted collective sale of Orchard Towers has failed, a year after owners of units in the notorious entertainment and office complex put the property on the market with a reserve price… Read More>>
Henderson Land Development’s vision for the waterfront of Hong Kong’s Central district is one step closer to reality with the city’s Town Planning Board approving the developer’s designs for a HK$73 billion ($9.3 billion) commercial project.
The design… Read More>>
New home prices in mainland China rose for the first time last month since January 2022, as the loosening of COVID restrictions and the launch of supportive policies helped stabilise demand in the country’s struggling housing market.
January’s 0.1 percent… Read More>>
IGIS Asia Investment Management, the Singapore-based investment arm of South Korea’s IGIS Asset Management, has teamed up with a leading Korean biopharmaceuticals group to launch a new platform for life science real estate investments across Asia Pacific.
The venture, which… Read More>>
The Hong Kong government is defending its right to require bidders in land auctions to meet undefined national security criteria, with the city’s chief executive insisting the policy “has no relevance at all” to developers’ bidding decisions.
John Lee’s comments… Read More>>
Asia’s biggest logistics developer GLP has acquired a recently built multi-level warehouse east of Osaka, adding to the company’s $125 billion global portfolio as shed vacancy remains below 2 percent in the Japanese city.
The Singapore-based company purchased the roughly… Read More>>
A unit of Japanese conglomerate Mitsui & Co has acquired a 12-storey office building in Tokyo’s central Shibuya ward from a US investment firm, with the aim of offering digital securities backed by the asset in the company’s latest deal… Read More>>
The vice chairman of Hong Kong-listed Seazen Group, one of China’s largest homebuilders, has gone missing, with mainland news sources reporting that the executive is cooperating with authorities on an investigation into Dalian Wanda Group, where he previously held top… Read More>>
Singaporean sovereign wealth fund GIC is expanding its biotech portfolio by teaming up with BlackRock Alternatives Real Estate and British Airways’ New Airways Pension Scheme (NAPS) to invest in a life sciences project in London’s King’s Cross district.
Developed by… Read More>>
IGIS Asia Investment Management, the pan-Asia fund management arm of South Korea’s IGIS Asset Management, has closed on its second data centre fund with a haul of KRW 190 billion ($151 million) as the Greater Seoul area emerges as a… Read More>>