Asia Pacific real estate investment news and information
China Vanke, the country’s second largest developer by contracted sales, has posted a 30 percent surge in net profit attributable to shareholders for the first half of the year, according to a stock exchange announcement.
Despite cooling measures implemented by… Read More>>
Vacancy in Hong Kong’s normally red-hot Central office market, which boasts the most expensive commercial property in the world, rose to a three-year high in July amid increasing economic uncertainty, according to JLL’s latest Property Market Monitor report.
The property… Read More>>
A backfiring conglomerate leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the debt-laden company that had golf courses seized four months ago is said to have received help to repay a $300… Read More>>
The Asia Pacific data centre market is expected to overtake North America to become the largest in the world by 2021, according to property services consultancy Cushman and Wakefield.
Underpinned by a surge in demand for cloud services and digitisation,… Read More>>
CK Asset Holdings, which is chaired by the son of Hong Kong’s richest man Li Ka-shing, has reached an agreement to buy British brewery Greene King plc in a deal worth £4.6 billion (HK$43.6 billion), according to a stock exchange… Read More>>
Hong Kong “Shop King” Tang Shing-bor has entered into a sale and purchase agreement with a joint venture between Hanison Construction Holdings and a fund managed by China Merchants Capital to buy a Kwai Chung industrial building for HK$1.1 billion… Read More>>
Acquisitive Alibabans lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a co-founder of the e-commerce titan is dunking $700 million into acquiring the home of the Brooklyn Nets as part of a $2.35… Read More>>
GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia’s Lendlease and Canada’s CPPIB, according to an announcement by the Singapore sovereign wealth fund.
The purchase gives the Singaporean sovereign wealth… Read More>>
In this week’s edition of People in the News, the chairman of a major Shenzhen-listed developer has retired after 14 years in charge, while the chief executive officer of Asia’s biggest developer steps down from chairing the executive committee of… Read More>>
As discontent over the government’s extradition bill roiled the Hong Kong economy, and with mainland authorities keeping a tight clamp on cash, commercial real estate transaction volume fell over 42 percent in Hong Kong during the second quarter of this… Read More>>
