The buyer of a serviced apartment building at 111 High Street in Hong Kong has been revealed by market sources as a … Read more>>
The property investment arm of Allianz Insurance has committed $150 million to an office development platform in India set up by conglomerate Godrej Group, according to an announcement by the European insurer.
The joint venture, which is to be managed… Read More>>
China’s third-largest developer by sales, China Evergrande Group, has warned shareholders of falling profits for the first half of the year, according to an alert filed with the Hong Kong stock exchange last Friday.
The Shenzhen-based real estate giant told… Read More>>
Mainland rental housing operator Lejia ended weeks of speculation by announcing through the company’s official WeChat account this past week that it has “ceased operation, closed down all business, and let go of most of its staff.”
Three-year-old Lejia, which… Read More>>
UK developer Chelsfield has teamed up with a group of Hong Kong and Malaysian investors to purchase a set of four office buildings in Shanghai for a consideration of RMB 1.5 billion ($210 million), according to an announcement to the… Read More>>
Savills has posted a half-year drop in group underlying profit of 12 percent in constant currency terms to £38.4 million, blaming Brexit and political unrest in Hong Kong, according to a stock exchange announcement.
Group underlying profit for Asia Pacific… Read More>>
Despite growing uncertainty over the US-China trade war and increasingly violent protests in Hong Kong, a real estate developer controlled by one of the city’s wealthiest families has been actively buying and selling assets.
Hanison Construction Holdings said in a… Read More>>
Blackstone is said to be within a few weeks of taking full control of Indiabulls Real Estate Limited’s office portfolio, according to people with direct knowledge of the matter cited by India’s Economic Times.
The deal will see Blackstone acquiring… Read More>>
Arch Capital Management is buying Anson House in Singapore for S$210 million ($152 million), according to market sources.
A sale and purchase agreement is due to be signed this week, with Arch acting on behalf of an unnamed German fund,… Read More>>
As strikes and protests continue to grip Hong Kong, banks in the Asian financial hub are still signing leases for new office space, even as rents are predicted to slide in the second half of 2019.
Hong Kong-based Dah Sing… Read More>>
Singapore-based Xander Investment Management has agreed to purchase a business park in the Indian city of Pune for INR 900 crore ($130 million), according to market sources.
The private equity firm, which has invested over $3.7 billion in India real… Read More>>