Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.
Also… Read More>>
Asia Pacific real estate investment news and information

Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.
Also… Read More>>

New World Development has added a Shanghai project to its mainland commercial portfolio, winning an uncontested land auction for a site on Huaihai Road with a RMB 4.1 billion ($590 million) bid, according to an official announcement today.
The land… Read More>>

The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one of the fallen bosses buddies was penalised for insider trading after learning that his friend was headed for… Read More>>

Indian appeal leads Asia’s real estate headlines today as the recent success of the Mindspace office park REIT appears to be sparking more private equity investment on the subcontinent.
A report in the Times of India sees Blackstone in discussions… Read More>>

In this week’s collection of leadership changes at Asia’s real estate developers, investors and other property professionals, a cash-strapped mainland builder has let go its CEO as it struggles to sell off stalled US projects.
Also in… Read More>>

Plunging profits lead the real estate headlines this month as Asia Pacific’s real estate developers total up the damage wrought by the coronavirus during the first half of 2020.
Southeast Asia’s largest builder, CapitaLand saw its profits… Read More>>

A joint venture between warehouse developer and fund manager ESR and AXA Investment Managers has acquired a logistics facility near Tokyo for approximately JPY 39 billion ($368 million), just seven months after Amazon leased nearly half of the property.
The… Read More>>

More Hong Kong gloom leads today’s round-up of real estate news from around Asia, as the city’s second-largest developer saw its underlying profit drop by more than a third during the first six months of 2020.
While… Read More>>

The decline in Hong Kong’s commercial property market leads today’s property news today, as the billionaire Kwok family sees their fortunes slide by nearly $8 billion as Sun Hung Kai Properties, the developer that they control sees its stock price… Read More>>

Hong Kong investments by two of China’s best-known corporations lead today’s real estate headlines as a mainland conglomerate is said to be closing in a buyout of a high-end supermarket chain while JD.com invests $100 million in Li & Fung.