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Xu Jiayin of Evergrande (Getty Images)

Evergrande Shares Plunge 79% as Trading Restarts After 17-Month Pause

Xu Jiayin of Evergrande (Getty Images)

2023/08/28 by Christopher Caillavet Leave a Comment

China Evergrande’s Hong Kong-listed shares began trading Monday for the first time since March of last year, but the moment failed to translate to momentum as the defaulted developer’s stock dropped 79 percent in price to end the session at… Read More>>

China Evergrande’s Hong Kong-listed shares began trading Monday for the first time since March of last year, but the … Read more>>>

Ellen Ng, Warburg Pincu

Warburg Pincus, PDG Set to Lead APAC Data Centre Forum Next Week

Ellen Ng, Warburg Pincu

2023/08/28 by Michael Cole Leave a Comment

While trades of income-earning real estate assets in Asia Pacific fell 24 percent in 2022 compared to a year earlier, investment in new data centre projects in the region climbed by more than 11 percent, according to MSCI – underscoring… Read More>>

While trades of income-earning real estate assets in Asia Pacific fell 24 percent in 2022 compared to a year earlier, … Read more>>>

Lujiazui View in Shanghai

China Bids to Boost Housing Market by Easing Rules and More Asia Real Estate Headlines

Lujiazui View in Shanghai

2023/08/28 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Chinese authorities roll out fresh measures to encourage homebuying, with Shanghai officials reportedly considering a toned-down stimulus package for the megacity. Also on the list are Country Garden’s disposal of a project stake… Read More>>

In today’s roundup of regional news headlines, Chinese authorities roll out fresh measures to encourage homebuying, with … Read more>>>

Robert Wallace

Asia Real Estate People in the News 2023-08-28

Robert Wallace

2023/08/28 by Michael Cole Leave a Comment

A new Aussie role for the former chief of SGX-listed Frasers Logistics and Commercial Trust leads this week’s list of personnel moves from around the region, with new appointments at Hong Kong-listed Kaisa Prosperity and Shanghai Zendai Property also making… Read More>>

A new Aussie role for the former chief of SGX-listed Frasers Logistics and Commercial Trust leads this week’s list of … Read more>>>

Lincoln Pan PAG

PAG Buying Aussie Pub Player AVC From KKR

Lincoln Pan PAG

2023/08/27 by Christopher Caillavet Leave a Comment

Asian private equity major PAG has agreed to acquire buyout giant KKR’s controlling interest in Australian Venue Co, an operator of pubs, restaurants and event spaces, for an undisclosed amount.

AVC owns and operates a portfolio of more than 210… Read More>>

Asian private equity major PAG has agreed to acquire buyout giant KKR’s controlling interest in Australian Venue Co, an … Read more>>>

Si Pei Lee, ENGIE Southeast Asia

Panel: Opportunities for Data Centres in Southeast Asia MTD TV APAC Data Centre Forum 2023

Si Pei Lee, ENGIE Southeast Asia

2023/08/27 by Danita Phaopat Leave a Comment

With a youthful population of nearly 700 million, Southeast Asia is demonstrating some of the most rapid rates of tech adoption in Asia, with the region adding 100 million Internet users in the past three years. This fast expansion has… Read More>>

With a youthful population of nearly 700 million, Southeast Asia is demonstrating some of the most rapid rates of tech … Read more>>>

Cathie Chung JLL

Hong Kong Office Market Shrivels Again as Travel and Leisure Fail to Turn Tide 

Cathie Chung JLL

2023/08/27 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market in July saw tenants give back 224,600 square feet (20,866 square metres) more than they took up, though rising momentum from travel and leisure occupiers offered a bright spot amid the gloom, according to… Read More>>

Hong Kong’s Grade A office market in July saw tenants give back 224,600 square feet (20,866 square metres) more than … Read more>>>

WeWork Tower 535

WeWork Lenders Explore Bankruptcy Plan and More Asia Real Estate Headlines

WeWork Tower 535

2023/08/27 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, WeWork’s creditors eye bankruptcy proceedings for the flexible office giant, and the Chinese government approves business plans for two fund management giants. Also making the cut are a court ruling on contested land… Read More>>

In today’s roundup of regional news headlines, WeWork’s creditors eye bankruptcy proceedings for the flexible office … Read more>>>

Kerry Properties CEO Kuok Khoon Hua

Kerry Properties Breaks Ground on Biggest Shanghai Project Yet

Kerry Properties CEO Kuok Khoon Hua

2023/08/24 by Beatrice Laforga Leave a Comment

Kerry Properties has broken ground on a project set to provide nearly 93 football fields of finished space in Shanghai’s Huangpu district in what would be its largest development to date in mainland China, the company announced on Wednesday.

The… Read More>>

Kerry Properties has broken ground on a project set to provide nearly 93 football fields of finished space in Shanghai’s … Read more>>>

Pritesh Swamy

Data Centre Firms Explore Emerging Asia as Land Proves Scarce in Mature Markets

Pritesh Swamy

2023/08/24 by Christopher Caillavet Leave a Comment

Data centre operators in Asia Pacific are turning to the region’s emerging markets for expansion as a dearth of land parcels and available power creates headwinds in mature locations, according to a report by Cushman & Wakefield.

Indonesia, Malaysia, the… Read More>>

Data centre operators in Asia Pacific are turning to the region’s emerging markets for expansion as a dearth of land … Read more>>>

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