Co-living leads Asia’s real estate headlines today as Southeast Asia’s largest developer says it will add seven more properties to its shared living space portfolio. One of China’s biggest borrowers also makes the news after issuing $2 billion in bonds… Read More>>
Warburg Pincus-Backed New Ease in $200M Logistics JV with UK’s Actis
Shanghai-based industrial developer New Ease acquired a new partner today as the company chaired by ESR co-founder Sun Dongping announced a joint venture with fund manager Actis.
Warburg Pincus-backed New Ease, together with the UK emerging markets specialist, plan to… Read More>>
Shimao Property JV Adds 70 Projects to Developer’s Mainland Pipeline
Shimao Property this week announced a new joint venture that will add 70 projects to the Hong Kong-listed developer’s pipeline.
At a press conference on Monday jointly organised with Fuzhou-based Fusheng Group, the two companies announced that they had established… Read More>>
China Home Price Growth Stays on the Slide in December and More Asia Real Estate Headlines
China’s continuously cooling housing market leads Asia’s real estate headlines today with the latest set of government statistics showing that home price growth on the mainland’s largest cities fell to its lowest rate in 17 months. Hong Kong’s current market… Read More>>
Kaisa Group Buys New Territories Site for HK$3.5B to Expand HK Foothold
Kaisa Group Holdings has expanded its foothold in Hong Kong as the Shenzhen-based developer beat out 14 other bids to take home a site in the New Territories, according to an announcement by Hong Kong’s Lands Department late Monday.
The… Read More>>
Hopson Chairman Resigns, Daughter Appointed to Lead Guangzhou Developer
A mainland real estate princess stepped up to queen this week as 31-year-old Chu Kut Yung was named Chairman of Hopson International Development Holdings, according to a stock exchange announcement on Monday.
Chu, whose name in Mandarin is Zhu Jurong,… Read More>>
Singapore Condo Sales Fall 53% in December and More Asia Real Estate Headlines
Sunny Singapore leads the real estate news in Asia today as the city-state’s gradual housing slide hit a steeper slope in December, according to fresh government figures. Blackstone also returns to the headlines today with news that the US real… Read More>>
Oyo Hotels Cutting 20% of India Staff, 65,000 Rooms Vanish From Website
Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the Softbank-backed startup is cutting headcount in its home market by around one-fifth, as it struggles for profitability.
Valued at as much as $10… Read More>>
Blackstone Buys $54M Stake in Indian Logistics Portfolio and More Asia Real Estate Headlines
Warehouses lead the real estate news today around Asia as US private equity giant Blackstone ups its bets on India’s logistics sector and a Korean institution buys the UK’s largest car distribution centre before it’s even finished. Southeast Asia’s wealthiest… Read More>>
PGIM Appoints New Head of Institutional Business for China
Real estate fund manager PGIM has brought on board veteran finance executive Sun Hao to bolster its operation in mainland China, according to an announcement by the division of Prudential Financial this past week.
Sun joins PGIM in Shanghai as… Read More>>
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