Asia Pacific real estate investment news and information
Alibaba Group plans to invest more than RMB 380 billion ( $53 billion) to develop its cloud computing and artificial intelligence infrastructure over the next three years, marking the largest such commitment ever by a Chinese private company.
The Chinese… Read More>>
Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 percent below what a nearby site sold for in 2022, as declining port activity undermines logistics demand in the Asian commercial… Read More>>
Sun Hung Kai Properties has won a site near Hong Kong’s international airport at the lowest price in more than a decade, after the Hong Kong government conducted a second tender of the residential plot.
Hong Kong’s largest builder by… Read More>>
China Vanke has set up a RMB 1.6 billion ($220 million) rental housing joint venture with a pair of government insurers, according to an announcement on Tuesday, in what analysts see as a sign of further state support for the… Read More>>
Hong Kong’s sliding property values are providing Emperor International, the listed development subsidiary of Emperor Group, with an opportunity to consolidate a Western district project at a 12.4 percent discount to 2021 pricing, according to a government decision late last… Read More>>
Hong Kong toy tycoon Francis Choi Chee-ming has agreed to sell the long-time home of the Australian Securities Exchange (ASX) to PGIM Real Estate and a local unit of US private equity firm Proprium Capital Partners for A$270 million ($169.2… Read More>>
Sun Hung Kai Properties has bested three competing bidders to win a tender for a retail site in Hong Kong’s Kowloon East, at a price more than 50 percent less per square foot than what Link REIT paid in late… Read More>>
Singapore’s StorHub has acquired a building which formerly housed retailer Leroy Merlin’s Beijing flagship store as the Warburg Pincus-backed self-storage operator continues to expand its presence in mainland China.
The deal will add a third Beijing location and the 17th… Read More>>
Guangzhou R&F Properties took another step toward selling down its portfolio of assets, with solar panel manufacturer Jinko Solar Co Ltd on Tuesday having purchased a business park property in western Shanghai from the troubled mainland developer.
Tower 3, which… Read More>>
Singaporean conglomerate Keppel Corp has teamed up with a mainland investor to acquire a 20 percent stake in a residential site in Shanghai’s suburban Jiading district from local developer Gemdale for RMB 344 million ($48.7 million).
The acquisition is made… Read More>>
