Asia Pacific real estate investment news and information
Hong Kong is rolling back all taxes on residential property transactions in an effort to put a floor under a protracted housing market slump that has seen residential property prices slide to seven-year lows.
In his annual budget speech to… Read More>>
JLL has named Tim Graham as global lead of international and strategic capital for its capital markets division, an appointment described by the property consultancy as affirming Asian capital and assets being “front and center of the global conversation.”
Graham,… Read More>>
Singapore-listed developer Ho Bee Land has swung to the red in 2023 with an attributable net loss of S$259.8 million, as fair value losses on its London investment properties and higher interest expenses dented the company’s profitability.
The company’s loss… Read More>>
State-run conglomerate China Resources continues to be one of the biggest buyers of Greater China real estate during the current downturn with a property unit of the Shenzhen giant having picked up a commercial asset in the New Territories in… Read More>>
Quebec public pension manager Caisse de Dépôt et Placement du Québec (CDPQ) is preparing to reduce headcount at its real estate divisions after the fund manager recorded a 6.2 percent loss on its property investments in 2023 — the only… Read More>>
The liquidators of China Evergrande Group are reportedly considering a lawsuit against the builder’s former auditor PricewaterhouseCoopers (PwC), as creditors holding $23 billion of the bankrupted company’s offshore debt scramble for compensation.
Appointed last month to liquidate Evergrande’s Hong Kong-listed… Read More>>
A limited liability company represented by a Hong Kong private equity executive has purchased a 6,300 square foot luxury condo in the heart of Manhattan for $61.6 million, as US luxury residential assets continue to attract wealthy Asian buyers on… Read More>>
One of Asia’s biggest retail landlords has been doing some pre-New Year shopping in China’s discounted property market, with Link REIT announcing on Friday that it has agreed to buy out China Vanke’s stake in a Shanghai mall to take… Read More>>
Singaporean sovereign fund GIC has reshuffled its senior leadership, including appointing a new chief operating officer, deputy chief investment officer for the group and a new chief investment officer for real estate in a set of moves set to take… Read More>>
Savills Investment Management (Savills IM) has appointed Hsueh Ling Ng to the newly created role of head of Asia Pacific ex-Japan, where she will be responsible for managing the firm’s investment and client capital teams in some of the region’s… Read More>>
