Developer China Oceanwide Holdings has halted construction on a $1 billion mixed-use project in Los Angeles that was previously scheduled to be completed this year, according to an account in the Los Angeles Times, citing a statement by the Beijing-based… Read More>>
Evergrande Invests RMB 1B in Car Battery Maker and More Asia Real Estate Headlines
Mainland development giant Evergrande is back in the news today with yet another investment in the electric car industry after coming up short in its attempt to take over Faraday Future. Also in the news, Anbang Insurance is moving forward… Read More>>
HK Construction Giant Files for Liquidation and More Asia Real Estate Headlines
Economic stress lead’s today’s real estate news from around the region, as an 80-year-old Hong Kong construction company could be up for demolition after missing a $150 million bond payment this week, and mainland China’s oldest investment conglomerate hopes to… Read More>>
Shimao Picks AS+GG as Architects for China’s Tallest Building
Developer Shimao Property Holdings has chosen a designer for its planned 700 metre (2,296 foot) tall tower in Shenzhen’s Longgang district, with Chicago-based firm Adrian Smith + Gordon Gill Architecture announcing earlier this month that it had won a competition… Read More>>
Tencent Goes Full Gadget for New Shenzhen HQ and More Asia Real Estate Headlines
Leading today’s real estate news from around the region, Tencent is hoping that its newly opened Shenzhen offices will help the tech giant to build a vertical community campus, while slightly further south in Hong Kong it was revealed that… Read More>>
IWG’s No18 to Open Upscale Co-Working Centre at Capitol Singapore in Q3
No18, the top-end stablemate of flexible office giant Regus, is set to open its first Asian location in the third quarter of this year, after leasing 20,600 square feet (1,913 square metres) near the island nation’s City Hall metro station.
AEW Opens Tokyo Office
AEW Capital Management has opened a new office in Tokyo, as it expands its Asia Pacific real estate investment business into Japan, according to a recent statement by the Boston-based fund manager.
The Tokyo outpost is led by Steve Bass,… Read More>>
Co-Working Operators Cut Staff in HK as Funding Dries Up and More Asia Real Estate Headlines
Just one month after backing away from a potential lease deal at The Center in Hong Kong, one of the mainland’s biggest co-working companies is already laying off staff and revising projections, according to a media account today, raising the… Read More>>
Hong Kong Wins Housing Misery Contest for 9th Straight Year
Hong Kong housing has been ranked as the least affordable in the world for a ninth straight year, according to the results of a survey published today by non-profit group Demographia.
The median home price in the Asian financial capital… Read More>>
Asia Real Estate People in the News 2019-01-21
This week in Mingtiandi’s overview of personnel moves in Asia’s real estate sector we have tracked down recent changes across the fund management, listed trust and advisory worlds to bring you the latest updates on your former team mates, potential… Read More>>
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