The Hong Kong government is set to test developer appetites for digital infrastructure projects with the launch late last week of a tender for a data centre project across the border from Shenzhen which would require the winning bidder to… Read More>>
Shanghai Office Rents Fall for 14th Straight Quarter as New Buildings Flood Market
Grade A office rents in Shanghai declined at the steepest rate since 2022 in the July to September period as tenants stayed cautious at the same time that developers introduced new projects to an overcrowded market.
Nearly 4.2 million square… Read More>>
China Vanke Announces Chairman Switch Following Detention Reports
China Vanke is facing a fresh challenge after the embattled mainland developer revealed on Monday that its chairman has resigned after less than nine months on the job, with reports indicating that the long-time Shenzhen Metro boss has been detained… Read More>>
SF Giants Minority Owner Sells Wan Chai Serviced Apartments for $71M
A serviced apartment block in the Wan Chai area owned by a tycoon who also owns a slice of the San Francisco Giants baseball team has become the latest Hong Kong living sector asset to change hands at a bargain… Read More>>
China Home Price Decline Quickened in August, Strengthening Case for Fresh Stimulus
Home prices in China continued to fall in August while property investment in the first eight months of 2025 saw the largest year-on-year decline since the breakout of the pandemic, with analysts predicting that the housing market’s drag on the… Read More>>
China Property Investment Deals Fell 46% in Q2 to Lead APAC Market Decline
Mainland China and Hong Kong saw the largest declines in commercial real estate investment among all Asia Pacific countries in the second quarter of 2025 as investors took a more cautious approach amid a renewed trade war, according to MSCI.
Schroders Names Former OTPP Exec Ando APAC Head as Moore Moves to Chairman Role
Schroders Capital has named a new head for its Asia Pacific real estate business as the UK investment manager signals a reboot after defaulting on loans tied to Hong Kong assets acquired under its most recent fund.
In a statement… Read More>>
GLP Sells Stake in China Data Centre Business to Zhejiang Govt Entities for $350M
Industrial developer and fund manager GLP announced Tuesday that it has secured RMB 2.5 billion ($349.5 million) in investment from Zhejiang government entities to expand its China data center business.
The investors include Quzhou Industrial Holding Group, a state-owned investment… Read More>>
Mainland Tycoon’s Hong Kong Mansion Sold at $166M Markdown
A mainland tycoon who set a Hong Kong record purchasing the city’s most expensive home nine years ago has now set a new standard for the biggest residential markdown as that same house sold for HK$1.3 billion ($165.6 million) less… Read More>>
Country Garden Secures Backing For $14.1B Offshore Debt Overhaul
Just a few days after China Evergrande Group exited the Hong Kong stock exchange after defaulting on $45 billion in obligations, another struggling Chinese property giant had happier news as Country Garden Holdings announced a deal with creditors.
The developer,… Read More>>
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