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28-Stanley-Street 2

Singapore’s 8M Buying Stanley Street Shophouse and More Asia Real Estate Headlines 

28-Stanley-Street 2

2023/04/27 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a spate of deals lifts Singapore’s shophouse market, and SGX-listed property firms are dealt a setback by the government’s surprise property tax hike. Also, in the news Keppel Data Centres plans to import… Read More>>

In today’s roundup of regional news headlines, a spate of deals lifts Singapore’s shophouse market, and SGX-listed … Read more>>>

COLI chairman Yan Jianguo

COLI Contracted Sales Surge 73% in Q1

COLI chairman Yan Jianguo

2023/04/26 by Christopher Caillavet Leave a Comment

China Overseas Land and Investment, the country’s third-largest developer by contracted sales in 2022, got off to a flying start in 2023 as first-quarter contracted sales jumped 73.2 percent year-on-year to RMB 83.6 billion ($12 billion).

Sales of domestic commodity… Read More>>

China Overseas Land and Investment, the country’s third-largest developer by contracted sales in 2022, got off to a … Read more>>>

Chong Kee Hiong Suntec

SGX-Listed Suntec REIT Sees Distributions Slide on Interest Rates, Forex

Chong Kee Hiong Suntec

2023/04/26 by Beatrice Laforga Leave a Comment

SGX-listed Suntec REIT saw its distributable income drop to S$50.3 million in the first quarter, down 27 percent from a year earlier as high borrowing costs foreign exchange issues offset higher revenues from its core business.

Distributable income per unit… Read More>>

SGX-listed Suntec REIT saw its distributable income drop to S$50.3 million in the first quarter, down 27 percent from a … Read more>>>

Nan Fung Group’s Airside in Kai Tak

Hong Kong Office Leasing Recovery Remained Elusive in Q1 as Rents Fell 1.5%

Nan Fung Group’s Airside in Kai Tak

2023/04/26 by Christopher Caillavet Leave a Comment

Tenants in Hong Kong’s Grade A office market gave up 248,000 square feet (23,040 square metres) more than they leased during the first quarter of 2023 as an immediate rebound from the Lunar New Year holiday lull failed to materialise,… Read More>>

Tenants in Hong Kong’s Grade A office market gave up 248,000 square feet (23,040 square metres) more than they leased … Read more>>>

Deep Water Bay Hong Kong(Getty Images)

Reopening Boosts Hong Kong Home Prices and More Asia Real Estate Headlines

Deep Water Bay Hong Kong(Getty Images)

2023/04/26 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Hong Kong home prices climb for a third month in a row as cross-border traffic returns, and ESR completes its latest logistics facility in Japan. Also in the news, US data centre player… Read More>>

In today’s roundup of regional news headlines, Hong Kong home prices climb for a third month in a row as cross-border … Read more>>>

Daisuke Noguchi Weave

Weave Living Expands into Japan with Hire of Former Allianz Exec

Daisuke Noguchi Weave

2023/04/26 by Michael Cole Leave a Comment

Hong Kong’s Weave Living is expanding into Japan, according to an announcement on Tuesday, with the Warburg Pincus-backed  accommodation specialist announcing the hire of Allianz Real Estate’s former Japan country head to lead its business in Asia’s largest rental housing… Read More>>

Hong Kong’s Weave Living is expanding into Japan, according to an announcement on Tuesday, with the Warburg … Read more>>>

Wang Jianlin Wanda Getty Images

Dalian Wanda Mall Unit Fails to List on HKEX for a Third Time

Wang Jianlin Wanda Getty Images

2023/04/25 by Mingtiandi Team Leave a Comment

China’s largest commercial developer has failed for a third time to achieve a listing on the Hong Kong stock exchange, with the status of Zhuhai Wanda Commercial Management Group’s application for an initial public offering being updated to invalid as… Read More>>

China’s largest commercial developer has failed for a third time to achieve a listing on the Hong Kong stock exchange, … Read more>>>

Yoshiyuki Chosa of GLP

GLP Breaks Ground on Two Cold Storage Warehouses Near Japan’s Kobe Port

Yoshiyuki Chosa of GLP

2023/04/25 by Christopher Caillavet Leave a Comment

GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a total floor area of 55,000 square metres (592,015 square feet).

GLP Kobe Sumiyoshihama and GLP Rokko V are near the port… Read More>>

GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a … Read more>>>

Tan Tze Wooi, CEO of CapitaLand China Trust Management

CapitaLand China Trust Highlights Retail Recovery as Revenue, Profit Dip

Tan Tze Wooi, CEO of CapitaLand China Trust Management

2023/04/25 by Christopher Caillavet Leave a Comment

Singapore-listed CapitaLand China Trust on Tuesday offered an upbeat appraisal of the REIT’s first-quarter performance, highlighting year-on-year increases in sales and foot traffic and a gradual rise in occupancy across the retail portfolio.

Retail sales at the trust’s properties rose… Read More>>

Singapore-listed CapitaLand China Trust on Tuesday offered an upbeat appraisal of the REIT’s first-quarter performance, … Read more>>>

Ho Chi Minh City

Vietnam Crisis Shuts 1,800 Firms in Q1 and More Asia Real Estate Headlines

Ho Chi Minh City

2023/04/25 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Vietnam’s construction ministry says the number of property-related businesses suspending operations soared in the first quarter at the same time that prices for some luxury homes in the country’s capital fall by 40… Read More>>

In today’s roundup of regional news headlines, Vietnam’s construction ministry says the number of property-related … Read more>>>

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