While trades of income-earning real estate assets in Asia Pacific fell 24 percent in 2022 compared to a year earlier, investment in new data centre projects in the region climbed by more than 11 percent, according to MSCI – underscoring… Read More>>
Asia Real Estate People in the News 2023-08-28
A new Aussie role for the former chief of SGX-listed Frasers Logistics and Commercial Trust leads this week’s list of personnel moves from around the region, with new appointments at Hong Kong-listed Kaisa Prosperity and Shanghai Zendai Property also making… Read More>>
Asia Real Estate People in the News 2023-08-21
Top level changes at a pair of Hong Kong-listed real estate companies top this week’s roundup of personnel moves from around Asia Pacific, with a REIT of mainland logistics properties naming a new chairman and a local developer saying farewell… Read More>>
Receivers Launch Tender for Shenzhen Billionaire’s $269M Pad on Hong Kong’s Peak
A Shenzhen tycoon’s trophy case may soon be stripped bare as receivers for the creditors of Cheung Kei Group chairman Chen Hongtian on Monday launched a tender for his former mansion on Hong Kong’s Victoria Peak.
Savills formally kicked off… Read More>>
Asia Real Estate People in the News 2023-08-14
New leadership for Australian developer and fund manager Lendlease’s SGX-listed real estate investment trust leads this week’s collection of personnel updates around Asia, with top level moves at US fund manager AEW and the asset management affiliate of Germany’s Deutsche… Read More>>
Blackstone Looks to Refill Japan Portfolio and More Asia Real Estate Headlines
Japan leads today’s roundup of real estate headlines from around the region, with Blackstone talking up its recent series of disposals in Asia’s second-largest economy. Also in the news, SGX-listed Manulife US REIT will halt distributions for the first half… Read More>>
Equinix Adding Fourth Mumbai Data Centre and More Asia Real Estate Headlines
One of the largest data centre operators in the US is expanding its India footprint with the news of Equinix’ latest Mumbai location leading today’s roundup of headlines. Also in the news, Hong Kong’s Hysan keeps profits steady despite some… Read More>>
Hongkong Land Denies $2B Exchange Square Sale Plan as Savills Sends Flyers
The Hong Kong property investment market’s status as a deal desert was confirmed on Wednesday with the appearance of what seems to be a 33-storey mirage.
Property consultancy Savills has prepared a marketing document promoting Three Exchange Square in the… Read More>>
China’s Country Garden Misses Bond Payments Amid Cash Crunch
Country Garden Holdings has missed interest payments on a pair of offshore bonds, pushing China’s largest developer by sales closer to formal default and raising the spectre of a fresh round of failures in the mainland’s property industry.
The Foshan-based… Read More>>
Wanda Vice President Detained by Police Over Reported Corruption
China’s Dalian Wanda Group is facing a new challenge this week as a senior vice president with the country’s largest commercial developer has been taken away by police in what is said to be a corruption case.
Sources at Wanda… Read More>>
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