Asia Pacific real estate investment news and information
Singapore-listed property developer Far East Orchard Limited has added three freehold student housing properties to its UK portfolio in a 622-bed deal worth £55 million ($72.96 million), according to a company statement.
The subsidiary of property giant Far East Organization… Read More>>
Growth in sales of real estate in China fell to 2.8 percent during January and February 2019 compared to the same period a year ago, with the value of new property sales during the two months totalling RMB 1.28 billion,… Read More>>
China’s largest commercial developer is set to add to its portfolio of nearly 300 shopping malls after Dalian Wanda Commercial Management Group purchased a site in southern Shanghai for RMB 575 million ($85.5 million).
Wanda Commercial, the development unit of… Read More>>
Indonesia’s Lippo Karawaci has secured $1.01 billion in new funding, as the real estate development division of the 69-year-old conglomerate seeks to revitalise its business.
Lippo, which is controlled by Indonesia’s billonaire Riady family, has teamed the recapitalisation with a… Read More>>
Property sales by China’s top three developers slid in the first two months of 2019 compared to the same period last year as the companies brace for an uncertain year ahead.
Vanke, China’s second-largest real estate developer in 2018 in… Read More>>
Hong Kong’s MTR Corporation, is said to have launched a tender for a lot in the New Territories that could carry a land premium of HK$2.7 billion ($344 million) in what will be Hong Kong’s largest residential estate.
The sale… Read More>>
The hotel and tourism unit of Shanghai Greenland Group, one of China’s largest real estate developers, announced on March 6th that it has struck new partnerships with three Southeast Asian developers to accelerate the global expansion of its hotel management… Read More>>
Blackstone Group is said to be in talks to acquire Chamtime Plaza, a commercial complex in Shanghai’s Pudong district, in a deal that could be worth more than RMB 10 billion ($1.5 billion), according to an account by Bloomberg.
The… Read More>>
Real estate developer Hines announced this week that it has opened an office in Hong Kong to serve as the Houston-based developer’s Asia Pacific headquarters and appointed company veteran Ray Lawler to lead an executive team for the region.
Lawler… Read More>>
One of China’s largest property developers is now carrying a new brand after COFCO Property (Group) Co. Ltd announced on March 1st that it would change its name to Grand Joy Holdings Group Co., Ltd.
The rebranding of the Shenzhen-based… Read More>>
