In an announcement to the Hong Kong stock exchange late on the eve of China’s Mid-Autumn Festival holiday on Thursday China Evergrande Group followed up on media reports that its chairman is in police custody with a confirmation of criminal… Read More>>
Weave Living Acquires Nine Tokyo Rental Residential Properties
Weave Living now has properties in three of Asia’s top real estate markets with the rental housing investor and operator announcing on Thursday that it has acquired nine apartment assets in Tokyo.
The recently completed multi-family residential buildings add 352… Read More>>
Colliers Vietnam Business Jumps Ship for Rival Avison Young
Canadian property consultancy Avison Young has entered the Vietnam market, linking up with an existing 100-person team formerly affiliated with fellow Toronto-based company Colliers.
In an announcement this past week Avison Young said it had hung out its signboard on… Read More>>
Alibaba Files for Potential $2B Hong Kong IPO of Cainiao Logistics Division
Alibaba has filed for an initial public offering of shares in its Cainiao logistics unit on the Hong Kong exchange, a filing late Tuesday shows, after the company had announced plans for the listing in May.
Financial details of the… Read More>>
TE Capital and Tokyo Trust Amp Up Japan Business with Hire of Former BlackRock Exec
Tokyo Trust Capital is fortifying its Japan business as the company brings on board a former BlackRock and GE Capital Real Estate executive to help lead its operations in the country.
Chris Handte, who spent more than seven years with… Read More>>
Bargain Leases Bring August Thaw to Hong Kong Office Market
After a year-long streak of nearly endless contraction, Hong Kong’s office market crawled into positive territory last month in terms of net area leased, with tenants taking up 229,800 square feet (21,349 square metres) more than they gave up, thanks… Read More>>
GLP Launches Global Data Centre Business as Ada Infrastructure
GLP announced this past week that it has launched a new business, based on its growing data centre assets and operations, to provide digital infrastructure for hyperscale companies and large enterprises.
Branded as Ada Infrastructure, the new company is being… Read More>>
ESR Adds Logistics Site Near Western Sydney Airport Project for $45M
Industrial specialist ESR is adding to its Australian pipeline with the acquisition of a site near the future Western Sydney airport for A$70 million ($45 million).
With 4.1 million square metres (44 million square feet) of warehouse space already developed… Read More>>
Asia Real Estate People in the News 2023-09-25
A top level change at a North American pension fund manager leads this week’s collection of personnel moves from around the region with a board shift at China Resources Land also making the list. Manulife US Real Estate Investment Trust… Read More>>
Knight Frank Names Craig Shute Greater China CEO, Brunner on Leave
Knight Frank has named new leadership for its Greater China business bringing former JLL and CBRE executive Craig Shute back to Hong Kong for a return engagement.
Shute will take over as chief executive for Greater China at the property… Read More>>
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