Asia Pacific real estate investment news and information
The chief executive of Singapore-based healthcare private equity firm CBC Group is reportedly buying a house in the city’s posh District 10 for S$45.5 million ($33 million), as luxury home prices continue to climb in Southeast Asia’s most expensive city.
The chief executive of Singapore-based healthcare private equity firm CBC Group is reportedly buying a house in the … Read more>>>
China International Capital Corporation (CICC) is leasing one and a half floors in Kowloon’s International Commerce Centre (ICC) against a backdrop of sliding rents and rising vacancy in Hong Kong’s office market.
The Hong Kong unit of banking giant CICC,… Read More>>
China International Capital Corporation (CICC) is leasing one and a half floors in Kowloon's International Commerce … Read more>>>
Hong Kong’s accounting watchdog has launched a probe into the property services arm of embattled developer China Evergrande and its erstwhile auditor PricewaterhouseCoopers, related to a RMB 13.4 billion ($2 billion) loan scheme that led to the developer firing its… Read More>>
Hong Kong’s accounting watchdog has launched a probe into the property services arm of embattled developer China … Read more>>>
CapitaLand Investment Ltd saw its profit drop by 38.3 percent to S$433 million ($316 million) in the first half of this year as the listed fund manager took a hit from China’s stringent lockdowns while divesting assets at a slower… Read More>>
CapitaLand Investment Ltd saw its profit drop by 38.3 percent to S$433 million ($316 million) in the first half of this … Read more>>>
Swire Properties saw revenue decrease by 26 percent in the first half of the year to HK$6.70 billion ($855 million) while its underlying net profit slid 8 percent to $4.14 billion as its retail and hotel businesses were hit by… Read More>>
Swire Properties saw revenue decrease by 26 percent in the first half of the year to HK$6.70 billion ($855 million) … Read more>>>
A house at CK Asset’s 90 Repulse Bay Road project was sold for HK$75,000 ($9,557) per square foot this past week, setting a record for the lowest unit price at the luxury property against a backdrop of sliding values for… Read More>>
A house at CK Asset’s 90 Repulse Bay Road project was sold for HK$75,000 ($9,557) per square foot this past week, … Read more>>>
City Developments Ltd on Thursday posted a first-half net profit of S$1.1 billion (now $800 million), a record-high result propelled by a one-time gain from the Singapore-based builder’s divestment of the Millennium Hilton Seoul hotel.
Revenue in the first six… Read More>>
City Developments Ltd on Thursday posted a first-half net profit of S$1.1 billion (now $800 million), a record-high … Read more>>>
Hong Kong-listed developer Tomson Group is acquiring an office floor in Admiralty for HK$193 million ($25 million), clinching the asset at a unit price of HK$18,161 per square foot which is reportedly the lowest in five years amid muted market… Read More>>
Hong Kong-listed developer Tomson Group is acquiring an office floor in Admiralty for HK$193 million ($25 million), … Read more>>>
Wharf Holdings on Wednesday said its profit attributable to shareholders plunged 95 percent year-on-year to HK$57 million ($7.3 million) in the first half of 2022 as COVID-19 lockdowns in mainland China and Hong Kong caused “severe hardships” to the group’s… Read More>>
Wharf Holdings on Wednesday said its profit attributable to shareholders plunged 95 percent year-on-year to HK$57 … Read more>>>
Philips has agreed to sell its Asia Pacific headquarters in Singapore’s Toa Payoh area to Ascendas REIT for S$104.8 million ($76.2 million), as the Amsterdam-based conglomerate continues to restructure its global operations.
After selling off its domestic appliance and lighting… Read More>>
Philips has agreed to sell its Asia Pacific headquarters in Singapore’s Toa Payoh area to Ascendas REIT for S$104.8 … Read more>>>
