Asia Pacific real estate investment news and information
CBRE has appointed Michael Bowens as head of industrial and logistics for its Asia Pacific advisory and transaction services practice, according to a release by the consultancy on Monday.
Based in Singapore, Bowens is responsible for developing CBRE’s growth strategy… Read More>>
Blackstone’s attributable net profit jumped nearly tenfold in the first quarter from a year earlier, as the private equity titan’s real estate business led its main strategies for growth in revenue, fee-related earnings and distributable earnings.
The world’s largest alternative… Read More>>
Guangzhou R&F Properties (R&F) this week averted default on an £800 million project loan for its One Nine Elms development in southwest London, signing a deal to sell the $1.3 billion UK condo and hotel project after winning consent from… Read More>>
Nearly 16 years after opening Opposite House in Beijing as its first hotel project, Swire Properties plans to replace Opposite House in Beijing with an “innovative retail landmark”, as the Hong Kong-based developer continues to reap strong profits from its… Read More>>
Hong Kong-listed builder Lai Sun Development has agreed to sell its 10 percent stake in the AIA Central office building in Hong Kong’s Central district to AIA Group in return for HK$1.4 billion ($181.5 million) in cash, plus assumption of… Read More>>
Just two weeks after announcing a partnership to invest in Korean rental homes, Weave Living and KKR have acquired their first asset under the joint venture, according to a statement on Tuesday.
The rental housing operator and investor, along with… Read More>>
The Cheng family of Hong Kong’s New World Development and Chow Tai Fook jewelry stores has succeeded in ousting the chief executive and chairman of Giordano International, pushing through new leadership for the fashion retailer at a special general meeting… Read More>>
Just one week after announcing a $587 million capital raise to fund its expansion beyond mainland China, Shanghai-based data centre developer and operator GDS has struck a partnership with Gaw Capital to build a 40-megawatt (MW) data centre campus in… Read More>>
China’s housing crisis showed no signs of abating in the first three months of the year, as the value of new home sales by the country’s largest property developers slumped to roughly half the figure from a year earlier.
In… Read More>>
Country Garden, China’s largest private property developer, has delayed the publication of its 2023 financial results, citing the need to collect more information to make appropriate accounting estimates and judgments.
In a filing to the Hong Kong Stock Exchange on… Read More>>
