Asia real estate and outbound investment news
After a string of recent acquisitions in the antipodes, logistics specialist Logos Property has switched focus back to the Singapore market with the purchase of a 25-hectare (61.8-acre) industrial project from a local unit of global solar firm REC.
Through… Read More>>
Hong Kong’s bellwether for extravagant living — housing prices Peak area — suffered a proper dinging after a residence in the tony Mount Nicholson development sold at a price whose discount alone would build a stately mansion almost anywhere else… Read More>>
The grade A office rental market in Hong Kong showed signs of further softening in November, with several major real estate services firms in agreement that leasing demand would continue to dissipate on the back of a declining economy, rising… Read More>>
Blackstone Group has punctuated a fourth quarter acquisition spree with the $1.25 billion purchase of a Shanghai commercial complex from funds managed by Singapore-based Mapletree Investments, according to sources familiar with the transaction who spoke with Mingtiandi.
The US alternative investment giant… Read More>>
Hong Kong-based Arch Capital Property Advisors has spread its investment wings into Taiwan’s commercial sphere, acquiring the Taimall Shopping Center in Taoyuan for about NT$13.8 billion ($450 million) on behalf of an unidentified institutional investor, who partnered with Taiwanese investment trust… Read More>>
Mainland real estate broker 5i5j Holding Group has announced that it will acquire a 100 percent stake in competitor Nanchang Zhonghuan Network Information Service as it seeks to expand its base of operations in China, according to a report in… Read More>>
The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out Zaha Hadid Architects’ Generali Tower in Milan and 150 North Riverside Plaza in Chicago.
The tapered 555-metre, 123-storey glass and… Read More>>
Singapore-listed Datapulse Technology has announced that it has agreed to purchase the 127-room Hotel Aropa in Seoul for KRW 35 billion ($31 million), becoming the second Singaporean firm within the past month to acquire a Korean hotel, despite fears of… Read More>>
Two key executives at major mainland Chinese developers were reported by mainland media to have resigned their jobs recently as the outlook for China’s property market continues to sour, while one notable CEO started his new role at Cushman &… Read More>>
Hello Kitty has officially climbed on board China’s official “reform and opening up” bandwagon, adding an animated Japanese element to the government’s much ballyhooed agenda for advancing socialism with Chinese characteristics.
China’s State Council even held a press conference to… Read More>>
