More cracks began to show in China’s clampdown on housing prices as authorities in the nation’s capital put up for sale a pair of housing sites without capping the price at which winning bidders are allowed to sell finished homes…. Read More>>
There are only a few weeks left before Chinese New Year gives much of the region a momentary breather from 2019, but real estate executives from Asia’s private equity, development and brokerage firms are still finding time to send out… Read More>>
Singapore’s CapitaLand announced early Monday that it had agreed to buy a controlling stake owned by Temasek Holdings in fellow government-backed developer Ascendas-Singbridge in a deal which would value the target company at S$11 billion ($8.13 billion).
CapitaLand has agreed… Read More>>
Oxley Holdings Ltd is on its way to selling a pair of hotels on Stevens Road, just near Singapore’s Orchard Road shopping district, for a combined S$950 million ($702 million), according to an announcement by the developer to the city’s… Read More>>
Less than two weeks after agreeing to purchase a home at Hong Kong’s Victoria Peak for HK$721.88 ($92.1 million), an unnamed buyer has walked away from the deal, forfeiting a HK$36 million deposit, according to Hong Kong public records.
The… Read More>>
China’s spring festival is still weeks away, but there are signs that the region’s real estate markets may be in for a longer than expected winter as Hong Kong’s richest man warns investors against speculating in the city’s real estate… Read More>>
Edward Cheung, Chairman of the Asia Pacific Board and Chief Executive Officer for Greater China at Cushman & Wakefield, has announced his retirement from the property consultancy, after more than 26 years with the firm, and ten years as regional… Read More>>
Central’s biggest landlord is suing China’s biggest financial train-wreck for unpaid fees from an eight-floor office that was never occupied, according to a report in the South China Morning Post.
A unit of Hongkong Land is suing HNA Group after… Read More>>
Shared space giant The We Company brought in $2 billion in fresh cash this week, but already $1 billion of that may be on its way out the door, as the New York-based firm formerly known as WeWork seeks to… Read More>>
Germany’s Patrizia Immobilien has acquired Kenzo Capital Corporation, a Tokyo-based real estate advisory and asset management firm, giving the European real estate investment manager its first foothold in Japan.
Augsburg-based Patrizia unveiled the move in an announcement this week noting… Read More>>