Asia real estate and outbound investment news
Chinese manufacturer and warehouse developer Forchn Holdings has signed a framework agreement with Singaporean logistics provider YCH Group to cooperate on investments in Southeast Asia and China including establishing a $150 million warehouse fund.
“The partnership with YCH Group is… Read More>>
Brexit may yet prove to have dire consequences for the UK, but it hasn’t stopped the kingdom’s royals from making a profitable property play this month, as the Duke of Westminster’s real estate firm sells off a West End commercial… Read More>>
A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend toward converting hospitality space into co-working centres, as yet another hotel in the centre city looks set for conversion into… Read More>>
Once known for its decaying workshops, the Wong Chuk Hang area in southern Hong Kong is gaining popularity as a commercial hub with developers rushing to turn its one-time factory space into hotels, offices and retail space.
The opening of… Read More>>
Wang Shi will step down as Chairman of China Vanke, the residential real estate company he formed in 1984 and built into the mainland’s largest developer by value, according to an announcement today by the celebrity entrepreneur.
“After considering the… Read More>>
Wang Jianlin continues the expansion of his retail empire in mainland China, as the billionaire’s Dalian Wanda Group announced the opening of three large shopping malls just months after the commercial property developer chalked up a record drop in revenues.
One of China’s top shared office players, URWork, has inked an agreement with rival New Space for a strategic merger, according to a recent joint announcement by the two mainland flexible office providers.
The market valuation of the combined companies… Read More>>
With a record $5.32 billion of mainland investment into Hong Kong property last year, up from just $3.31 billion in 2015, mainland China investors are rapidly transforming the market for development sites and mature assets in the city.
Research by… Read More>>
Logistics real estate developer and operator e-Shang Redwood (ESR) has just acquired a 194,000-square meter site near Osaka for the development of one of the largest logistics parks in Japan with an estimated investment of over US$500 million.
The new… Read More>>
Asian money continued flow into global hospitality assets this week as a Thai real estate developer announced an agreement to buy a European hotel chain and associated properties for 330 million euros ($349 million).
U City Public Company Limited, which… Read More>>
