Shared office giant WeWork leads the news again today as Japan’s Softbank decides to wager another $1 billion that leasing offices on a retail basis will continue to be a growth industry. Also in the news, a UK sports retailer… Read More>>
CK Asset Wins Tender for HK$38B MTR Project in HK’s Wong Chuk Hang
Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>
IKEA Opens First India Store in Hyderabad and More Asia Real Estate Headlines
India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the country’s biggest landlords unveils a 1.1 million square metre lease just before it launches India’s first REIT with… Read More>>
Condo Complex in SG’s River Valley Aims for S$401M Sale and More Asia Real Estate Headlines
Despite recent hikes in stamp duty and other cooling measures in Singapore, another set of hopeful condo owners lead today’s real estate headlines with a proposed S$401 million collective sale in the city’s posh District Nine. Meanwhile, in Hong Kong,… Read More>>
WeWork Opens Third HK Location in Taikoo Shing and More Asia Real Estate Headlines
Hong Kong and Singapore dominate today’s real estate headlines in the region as WeWork opens its third location along the fragrant harbour and yet another set of condo owners try for a collective sale in the Lion City. Meanwhile, the… Read More>>
Goldman Said to Pick Korea’s NPS as Preferred Buyer for £1.5B London HQ
Goldman Sachs is said to have picked Korea’s National Pension Service (NPS) as the preferred buyer of its soon-to-be-completed European headquarters in London, according to a report in the Korean press, with the UK office building expected to change hands… Read More>>
Asia Real Estate People in the News 2018-08-06
As we enter August Asia’s real estate community continues its search for the perfect job and Mingtiandi is here to share the news with you as a top exec at JLL India leaves the consultancy to join one of his… Read More>>
Ascendas REIT Agrees to Buy Brisbane Industrial Project for A$33.5M
Singapore-listed Ascendas REIT continues to build out its portfolio of industrial properties as the manager of the real estate investment trust announced the acquisition of Cargo Business Park in Brisbane, Australia late last week.
A-REIT has agreed to acquire the… Read More>>
SG’s Rockworth Capital Buys Brisbane Building for Over A$60M
Singapore’s Rockworth Capital has added to its portfolio of Australian real estate assets with the purchase of 100 Edward Street, a grade B office asset in Brisbane for a sum of over A$60 million ($44.4 million), according to an announcement… Read More>>
Jin Jiang Said Weighing Bid for HNA’s Radisson Hotels and More Asia Real Estate Headlines
HNA Group jumps back into the region’s real estate headlines today as the Chinese conglomerate tries to shake off its debt hangover with a potential $2 billion sale of Radisson Hotels to Shanghai’s Jin Jiang Group and appoints a new… Read More>>
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