Asia Pacific real estate investment news and information
JLL announced today that it has brought on board former Google executive Vinay Goel to serve as its first Chief Digital Product Officer, as the international property consultancy continues to bet on the online future of real estate.
The hire… Read More>>
Mainland authorities have clamped down on credit, punished fake divorcees and chased down naughty brokers in their campaign to stamp out housing inflation, but home prices just rose by their fastest pace in twenty months. While homebuyers still want condos,… Read More>>
Hong Kong’s Lai Sun Group has won approval to develop a 56-storey office tower on London’s Leadenhall Street, after tycoon Peter Lam’s textiles-to-property group had purchased a pair of existing properties on the same block as London’s Gherkin office tower… Read More>>
International accounting firm KPMG is said to have signed up for 150,000 square feet (14,000 square metres) of space at South Island Place, an upcoming office project under development in Hong Kong’s Wong Chuk Hang area.
The lease, which would… Read More>>
Among the hordes of vacationers headed out on summer holidays, there are a number of real estate professionals finding their way to new professional locations instead of heading to the beach. This week we have a former Blackstone executive flying… Read More>>
Athletic apparel brand Nike has stepped in where Hong Kong’s own Esprit faltered, leasing a 7,000 square foot (650 square metre) shop in Causeway Bay’s Leighton Centre for a reported monthly rent of HK$1.5 million.
The swoosh logo will soon… Read More>>
China’s largest property developer by sales is reportedly retreating from an expansion program that aimed to give it a presence across the nation’s third, fourth and fifth-tier cities in the face of tightening credit conditions and an ongoing government crackdown… Read More>>
The authorities in Beijing have come up with yet another move to cool down the real estate ardor of their 1.4 million constituents, as the housing said it will limit loans for resettlement payments. Also in the news, China’s CIC… Read More>>
Canada Pension Plan Investment Board has struck yet another deal with its favorite mainland developer, Longfor Group Holdings, as the Canadian pension fund manager and the Beijing-based builder today announced an agreement to jointly invest at least $817 million in… Read More>>
Since the end of June China has moved to clamp down further on housing speculation as the government shows its determination to enforce President Xi Jinping’s vow at last year’s party congress that, “homes are for living, not for flipping.”
