Hong Kong investor Jeffrey Liu Wai-lun has sold an office unit in Admiralty for HK$52.01 million ($6.63 million) – 30 percent more than the price he paid to snap up the strata-titled asset from struggling Chinese conglomerate HNA Group just… Read More>>
CapitaLand Commercial Trust Sells SG Office Tower for $379M
CapitaLand Commercial Trust (CCT) has chalked up Singapore’s biggest office transaction of the year by agreeing to sell Twenty Anson, a 20-storey office building in the Tanjong Pagar neighbourhood, for a total of S$516 million ($379 million).
The Singapore-listed trust,… Read More>>
China Curbs Developers’ Dollar Bond Issues and More Asia Real Estate Headlines
Leading today’s roundup, Chinese regulators are further tightening developers’ funding channels by curtaining their dollar-bond issuance, amid concerns about foreign-exchange volatility. Also in the headlines, the developer chaired by controversial Chinese-Australian investor Huang Xiangmo has shed its second chief executive… Read More>>
CBRE Appoints Tom Moffatt Head of Asia Capital Markets, Names New Shenzhen Boss
CBRE, the world’s largest commercial real estate brokerage, is shaking up its capital markets team in Asia and its leadership in southern China with a flurry of senior-level job changes in Hong Kong and Shenzhen this month.
Spurred by the… Read More>>
Singapore Government to Boost Private Housing Pipeline By 8,040 More Homes in 2018
Singapore’s government is launching sites that can yield a total of up to 8,040 private residential units in the second half of 2018, keeping pace with new supply in the first half, while ramping up the commercial real estate pipeline… Read More>>
Singapore Said to Halt $446M En Bloc Sale and More Asia Real Estate Headlines
Leading today’s roundup of news from around the region, Singapore has reportedly pumped the brakes on a collective sale for the first time this year, as the disposal of a 210-unit housing development in the city-state’s West Region has been… Read More>>
CapitaLand Grabs $864M Chongqing Site – Adds 2,100 Homes to China Pipeline
Singaporean developer CapitaLand is ramping up its presence in the western Chinese municipality of Chongqing, buying a RMB 5.7 billion ($864 million) mixed-use site that will be turned into a retail, office and residential property yielding over 2,100 homes.
The… Read More>>
Lendlease, JLL Launch Proptech Bootcamp Aimed at $16T Asian Market
Global real estate consultancy JLL has teamed up with Australian developer Lendlease to launch Propell Asia, a Singapore-based startup accelerator designed to foster innovative technologies in the Asia Pacific property sector.
The proptech accelerator will select five early stage startups… Read More>>
Wanda to Merge Chinese Film Assets Under Listed Unit
Wanda Group is planning to consolidate its Chinese film assets, in the latest move by billionaire tycoon Wang Jianlin to reshuffle his property-and-entertainment empire.
Shenzhen-listed Wanda Film Holding, the group’s movie theatre developer, announced in a notice to the stock… Read More>>
Real Estate Industry Group ANREV Rolls Out New Board
The Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) has announced a flurry of changes to its management board, with leaders from some of the world’s biggest investors taking new seats at the non-profit.
ANREV has appointed James… Read More>>
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