Hong Kong’s real estate market went from red hot to frostbitten between June and October, with purchases of property assets in the city dropping by as much as 65 percent from the previous quarter in some market sectors.
Real estate… Read More>>
Mapletree Logistics Buying 10th Aussie Shed for A$105M
The manager of Singapore-listed Mapletree Logistics Trust has agreed to spend A$105.0 million ($74.5 million) to add a distribution centre in Brisbane, Australia to the trust’s existing portfolio of logistics facilities, according to an announcement by the company to the… Read More>>
Faraday Future Loses Bid to Terminate $2B Evergrande Deal
A request from Jia Yueting’s Faraday Future asking an arbitrator to void its $2 billion investment agreement with a unit of Evergrande Health Industry Group was rejected late last week, keeping the unit of China’s largest property developer by sales… Read More>>
Gaw Capital Reaches $1.3B Closing on Opportunity Fund and More Asia Real Estate Headlines
Hong Kong’s highest profile private equity firm has reached another milestone as Gaw Capital Partners is reported to have reached a $1.3 billion closing for its latest opportunity fund. Two more familiar players are also back in the news, as… Read More>>
India’s Real Estate Sector Predicted to Grow 30% in Ten Years and More Asia Real Estate Headlines
The leaders of an association of people who sell real estate in India demonstrated their optimism about the future of their industry this week with a prediction that the country’s property sector would grow 30 percent over the next decade…. Read More>>
Gaw Capital Said Moving Forward With Cityplaza Deal and More Asia Real Estate Headlines
Hong Kong’s glamorous Gaws lead the region’s real estate news again today as sources confirm that a deal to back an HK$15 billion acquisition of a pair of Quarry Bay buildings is moving forward. JD.com makes another of its frequent… Read More>>
ESR Wins Approval for A$693M Aussie Takeover and More Asia Real Estate Headlines
Australia and Thailand lead today’s hottest real estate news stories from around the region as warehouse developer ESR wins another battle in its plan to expand its shed empire and a Singaporean developer goes hotel shopping in Perth. Back in… Read More>>
Asia Real Estate People in the News 2018-10-22
The world of valuations gets a bit of attention in this week’s collection of real estate professionals finding new roles around the region as JLL hires away a veteran valuer from rival Savills in Singapore. Sheds also figure into this… Read More>>
Former SHK Chairman Walter Kwok Dies at 68
Walter Kwok, once the chairman of Hong Kong’s largest property developer, Sun Hung Kai, passed away Saturday morning in the city’s Adventist Hospital, according to a report in the South China Morning Post.
The death of Kwok, who inherited part… Read More>>
SMBC, Dufry Sign New Leases in Kowloon’s Hung Hom Area as More Corporates Flee Central
While Hong Kong’s investment market has slowed down in the past two months, excitement over the opening of the Hong Kong-Zhuhai-Macau bridge is helping to give the city’s office rental market a boost, especially in the emerging Kowloon East commercial… Read More>>
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