China’s 1.3 billion people need more places to stay as they increasingly hit the road and a plan by the parent company of Holiday Inn hotels to build 300 new hotels to house these mainland travellers leads today’s real estate… Read More>>
Benoy Names New Director for Hong Kong Studio
Global design firm Benoy has promoted Teri Tsang, an eleven-year veteran of their team, to Director in their Hong Kong studio. The new role comes after Tsang led design teams for some of the company’s biggest projects in Hong Kong,… Read More>>
NE China Property Booms as North Korea Thaws and More Asia Real Estate Headlines
At the top of Asia’s property news today, the diplomatic outcome of the recent US-North Korean summit in Singapore has yet to be measured, but political event is already paying big dividends for Chinese property owners near the North Korean… Read More>>
Dr M Takes Aim at Country Garden Johor Project and More Asia Real Estate Headlines
Pushback against a mainland-led investment boom plays into a number of stories dominating Asia’s real estate markets today, as decision-makers in Malaysia, Australia and New Zealand struggle to manage an influx of Chinese capital into their housing and commercial markets…. Read More>>
Asia Real Estate People in the News 2018-06-18
As we reach mid-June much of the region is celebrating with dumplings and boat races, while many members of the real estate community seem to marking the occasion by grabbing a new job. This week we see a Swiss bank… Read More>>
WeWork Aims for $40B Valuation in Talks With Softbank and More Asia Real Estate Headlines
Any analysts still agog over WeWork’s $20 billion valuation may need to seek professional help if the shared office superstar achieves its goal of a $40 billion valuation as it discusses a new round of funding led by Softbank. Meanwhile,… Read More>>
Korea’s NPS Awards $550M in Real Estate Mandates and More Asia Real Estate Headlines
Some good news for owners of large scale real estate assets leads today’s headlines in Asia, as one of the region’s biggest pension fund managers is directing $550 million in fresh cash toward the property sector. Singapore also makes it… Read More>>
CEFC Europe Deals Hit the Wall as Investment Firm Defaults on $327M in Bonds
One of China’s most troubled cross-border investors became the mainland’s latest default story this month as a unit of China CEFC Energy informed the Shanghai stock exchange that it had failed to fulfill obligations for bond payments totalling RMB 2.09… Read More>>
GIC Invests in Rockwood Capital’s $355M LA Office Portfolio
GIC, Singapore’s sovereign wealth fund, has formed a joint venture to acquire a stake in a high tech office portfolio in the Playa Vista area of western Los Angeles, according to a statement today by the $100 billion government investment… Read More>>
Yuhu Set to Invest A$2.8B in Former Wanda Aussie Projects and More Asia Real Estate Headlines
An investor known better for his political involvement than his investment projects finds his way back into the news today as Australian-Chinese real estate developer turned political donor Huang Xiangmo closes on the purchase of A$2.8 billion in real estate… Read More>>
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