2016 was supposed to be the year that Hong Kong housing prices began to tumble, but the only thing falling seems to be new sales records for expensive flats, as an independent survey shows the city’s homes to be the… Read More>>
UBS AM to Manage $176M ADIC Investment in Singapore Industrial Projects
The real estate investment wing of Swiss financial giant UBS is set to manage S$250 million ($176 million) in investment into industrial real estate projects in Singapore on behalf of Abu Dhabi Investment Corporation (ADIC), according to a recent statement… Read More>>
Happy Spring Festival From Mingtiandi
The countdown to the year of the fire rooster has already begun, but we still have a few days worth of news on deals, developers and investors to report.
Mingtiandi will be taking a break from reporting the news for… Read More>>
Asia Real Estate People in the News 2017-01-23
With less than a week to go before Chinese New Year, at least a few of your friends, co-workers and competitors in the region have already settled into new roles ahead of the fire rooster. This week a real estate… Read More>>
Fosun Acquires Frankfurt Office Complex in $53.5M JV Deal
Chinese investment conglomerate Fosun has acquired a 34,000 square metre (366,000 square foot) office complex in the German city of Frankfurt for just over Euro 50 million ($53.5 million) from New York’s Fortress Investment Group, according to recent reports in… Read More>>
Singapore’s CDL Invests $10.5M for 24% of China Co-Working Operator Distrii
City Developments Ltd (CDL) has joined the China co-working race with a RMB 72 million investment ($10.5 million) in Shanghai-based Distrii, according to a recent announcement by the Singapore-based developer.
CDL’s cash buys it a 24 percent stake in Distrii,… Read More>>
Country Garden Plans First India Project in 2017 and More Asia Real Estate Headlines
China’s third largest developer is now targetting another overseas market, as Country Garden announced plans to move into India. Also in the headlines today, China Oceanwide agrees to buy tech media group IDG, and CapitaLand has a new commercial project… Read More>>
China Oceanwide Said Leading $1B Bid for Tech Media Pioneer IDG
Mainland real estate developer China Oceanwide Holdings is continuing its overseas investment spree with a move to acquire one of America’s best known names in technology media.
The Beijing-based developer, which has already made more than $3.8 billion in real… Read More>>
Savills IM Transacted Record $868M in APAC Deals in 2016
Real estate investment volumes may have slid from their 2015 global peaks last year, but real estate specialists Savills Investment Management cruised to a new record despite the down year.
The London-based firm announced record transaction volumes of $5.3 billion… Read More>>
Ant Financial Pushes URWork Valuation to $1B and More Asia Real Estate Headlines
The global co-working craze continues to grab headlines here in Asia as a pair of deals this week push one of China’s top shared office players to a $1 billion valuation, and a Singaporean developer bets on its own mainland… Read More>>
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