In recent months China’s richest man lost out on a $1 billion Hollywood acquisition and hundreds of middle-class Chinese homebuyers have found themselves unable to make payments on homes in Malaysia and Melbourne. These financial mishaps were triggered at least… Read More>>
Penny Goh Takes Over as Chair of Keppel REIT Management
Keppel REIT Management is saying goodbye to long-time chair of the board Dr Audrey Chin Wei-Li, and hello to new chief, Penny Goh who’s soon to take the helm at the manager of the S$3.5 billion ($2.5 billion) Singapore-listed real… Read More>>
Land Sales Jumped 50% in China’s Largest Cities During Q1
With China home prices at record levels in many of the country’s largest cities, residential land supply in first-tier cities in China – such as Beijing, Shanghai and Guangzhou – increased by over 50 percent from the same period a… Read More>>
S P Setia’s $794M Buyout of I&P Group to Create Top Malaysian Developer
Property developer S P Setia said in an announcement on the Bursa Malaysia exchange that the company could pay around RM3.5 billion ($794 million) for I&P Group, creating one of the country’s largest real estate firms.
S P Setia –… Read More>>
China Real Estate Investment Climbs 9.1% as Confidence Grows
“Housing is for housing, not speculation,” said Premier Li Keqiang at the National People’s Congress, but enthusiasm for investing in Chinese property continues unabated. Data from the National Bureau of Statistics showed total investment in real estate development in the first… Read More>>
Global Investment Powerhouse HNA’s Development Division Lost $68M in 2016
China’s HNA Group became one of the world’s biggest investors last year by purchasing more than $10 billion in US assets last year, and snatched up at least that much or more in Europe, Asia and Australia. This string of… Read More>>
Yunda Express Signs Up for 16,700 SQM at Goodman Changzhou Project
Australia-based Goodman Group has secured a 16,700 square metre lease with top-five mainland courier firm Yunda Express at its Goodman Changzhou Logistics Centre in Jiangsu province, according to an announcement by the industrial real estate specialist.
The Goodman Changzhou Logistics… Read More>>
Gaw Capital Closes on $1.3B Gateway Real Estate Fund V
Gaw Capital Partners has raised a total of $1.3 billion for its latest private equity real estate investment vehicle, as the Hong Kong-based firm announced a final close of its Gateway Real Estate Fund V last week.
46 percent of… Read More>>
Benoy’s Parc Central in Guangzhou Wins Gold at ICSC China Awards
Hong Kong Developer Sun Hung Kai only opened its Parc Central shopping centre in Guangzhou last year, but the 83,000 square metre (900,000 square foot) mall has already been recognised at its fourth award event in its young life.
This… Read More>>
James Hall Takes Top Spot for Asia with Colliers’ International Properties Team
As Asia continues to grab apartments and houses around the globe with both hands, Colliers International has promoted James Hall to Managing Director and head of its International Properties team for Asia, based in Hong Kong.
“James is a well-respected… Read More>>
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