Asia real estate and outbound investment news
Despite home sales seeing a 15 percent year-on-year surge in the third quarter of 2021, purchase of new housing in Hong Kong began to slow in August, according to a report from property services firm Cushman & Wakefield.
Transaction volumes… Read More>>
Singapore-listed AIMS APAC REIT (AA REIT) announced the appointment of Russell Ng as the new chief executive of the industrial-focused trust last week.
Ng’s appointment came amid the trust’s strong performance in the quarter that ended 30 June, with a… Read More>>
Global real estate fund manager AEW announced the final closing of its fourth Asia Pacific value-add fund this week with commitments totalling $1.54 billion, which exceeded its original target of $1.2 billion by more than 22 percent less than two… Read More>>
Just three months after creating an alternative investment division, HSBC Asset Management is introducing a new real estate team for Asia, led by industry veteran Victoria Sharpe.
Formerly head of real estate for Asia Pacific with Deutsche Bank affiliate DWS,… Read More>>
Henderson Land Development won a tender for a residential project in Hong Kong’s To Kwa Wan for HK$8.1 billion ($1.04 billion), as the city’s quickening housing market and a newly extended MTR line drive developers to buy up redevelopment sites… Read More>>
Hong Kong’s Grand Ming Group has acquired a housing project in To Kwa Wan for HK$320 million ($41.2 million) as the impending completion of a new route on the city’s MTR system spurs developer interest in the Kowloon neighbourhood.
As… Read More>>
Following a path to a town near Hong Kong’s border with Shenzhen which has already welcomed traffic from some of the region’s biggest fund managers this year, Blackstone has acquired a six-storey building in Hong Kong’s Fanling area for HK$282.6… Read More>>
CBRE has appointed two senior-level hires to its Asia Pacific hotels team, placing a bet on a travel rebound once pandemic restrictions are lifted.
IHG Hotels veteran Steve Carroll has joined the agency as head of hotels and hospitality for… Read More>>
Wang On Properties has announced its purchase of a site in Kowloon for a HK$1.3 billion ($180 million) residential project, following the successful launch of a boutique residential project in the New Territories last month.
Adding to its land supply… Read More>>
Knight Frank announced a pair of senior appointments to its capital markets team this week with former Colliers International brokers Willis Mak and Alfred Wong joining the company’s Hong Kong office.
The pair of veteran investment advisors were announced by… Read More>>
