This week a former head guy for a top agency in Singapore heads off to New York, a Singaporean real estate fund manager heads home from life in Shanghai, and a leading law firm appoints a new head for its… Read More>>
China Poly Partnering with Aussie Developer in Bid for $755M Sydney Project
China Poly Group is set to dive deeper into the Australian market through a joint bid with local homebuilder Billbergia for a A$1 billion ($755 million) Sydney residential project.
The state-run developer’s joint proposal with Billbergia sees the transnational team… Read More>>
Goodman Completes Phase 1 of $1.5B Japan Business Park
Australia’s Goodman Group continued to expand its Asian portfolio last week with the opening of the first phase of an integrated industrial complex in Chiba Newtown, near Tokyo.
The 116,000 square metre first phase of Goodman Business Park in Chiba… Read More>>
Half of Mainland Developers Saw Net Profits Slide in 2015 and More China Real Estate Headlines
30 out of China’s 59 top developers suffered declining net profits last year, helping to explain why these mega-developers are looking for deals overseas or branching out into other industries. Meanwhile one of the country’s biggest real estate firms has… Read More>>
Chinese Investment in Aussie Real Estate Doubled in FY2014-2015
Chinese investment into Australian real estate doubled to A$24 billion ($18.1 billion) during the 2014-2015 financial year, as mainland buyers looked for overseas assets and development opportunities.
Spending by Chinese developers, homebuyers and other investors on Australian real estate were… Read More>>
Shanghai’s Three Lujiazui Amigos: Jinmao Tower, SWFC and the Shanghai Tower
Shanghai’s Lujiazui financial district is the center of the banking and finance business in China’s commercial capital, as well as being home to three of the country’s tallest towers.
While the skyline is dominated by the 88-storey Jinmao Tower, the… Read More>>
Ascendas Hotel REIT Cancels Sale of $1B Platform and More China Real Estate Headlines
After months of speculating whether Blackstone Group, Gaw Capital or a Chinese sovereign wealth fund would buy up the assets of Ascendas’ $1 billion hotel REIT, the Singapore-based real estate trust announced this week that no deal would be forthcoming…. Read More>>
WeWork’s First Asia Center is on the Way in Shanghai: The Mingtiandi Sneak Preview
WeWork, the Manhattan-based office sharing startup is expanding into Asia with its first location currently preparing to open in Shanghai’s Jing An District.
Recently valued at $16 billion, the leader of the co-working phenomena is now busy implementing the first… Read More>>
GLP Points to Retail Growth as It Leases 98,000 Sqm of China Warehouses
Global Logistic Properties (GLP) announced this week that it has leased another 98,000 square metres (1.1 million square feet) of modern logistics facilities in China, as the world’s biggest developer of warehouse space continues to dominate the mainland market.
The… Read More>>
Anbang Buys Allianz Korea Insurance and More China Real Estate Headlines 2016-04-06
After taking a few days off from its acquisition drive, Anbang is back in deal-making mode this week buying a loss-making Korean insurer for a reported $260 million. Meanwhile Greenland Group becomes the first foreign developer to employ a non-local… Read More>>
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