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>>
CapitaLand Profit Dropped 89% in 2020 1H and More Asia Real Estate Headlines
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>>
ESR-AXA JV Buys Amazon Japan Warehouse for $368M
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>>
Li Ka-shing’s CK Asset Reports 35.5% Profit Dip and More Asia Real Estate Headlines
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>>
SHK Now Priced at Less Than Half of Asset Value and More Asia Real Estate Headlines
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>>
China Resources Said Nearing HK Supermarket Buyout and More Asia Real Estate Headlines
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.
Asia Real Estate People in the News 2020-08-03
Once the preserve of those not stylish enough for retail or slick enough for office, industrial real estate specialists lead Mingtiandi’s round-up of people moves this week as a GLP veteran teams up with a Li & Fung director to… Read More>>
Blackstone Buying JPY 55B in Japanese Warehouses and More Asia Real Estate Headlines
Warehouses are in the news again today as both Blackstone and Singapore’s GIC make logistics real estate investments in core Asia Pacific markets.
While two of the world’s largest investors seek safety in sheds, an eccentric Beijing business park builder… Read More>>
Vanke JV Buys Hong Kong Site for HK$3.7B and More Asia Real Estate Headlines
Mainland investors continue to expand their presence in Hong Kong this week as China Vanke teamed up with a Qingdao-based builder to snatch up a residential plot in the New Territories.
Also in the news, Morgan Stanley says the Asia… Read More>>
Swire Sells Pair of Miami Office Buildings for $163M and More Asia Real Estate Headlines
One of Hong Kong’s best-known developers leads the news today with Swire Properties having confirmed that it has sold a pair of office buildings in downtown Miami despite the city being wracked by the COVID-19 pandemic.
Back on the shores… Read More>>
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