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China Housing (Getty Images)

China Home Prices Fell Again in November and More Asia Real Estate Headlines

China Housing (Getty Images)

2022/12/15 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China’s home price slump shows no signs of a turnaround, R&F co-founder Zhang Li fights extradition to the US, and global investors bid for ownership of a Hyderabad office complex.

… Read More>>

In today’s roundup of regional news headlines, China’s home price slump shows no signs of a turnaround, R&F … Read more>>>

Robert Wong Hongkong Land

Hongkong Land Leases Two Central Retail Floors to Sotheby’s

Robert Wong Hongkong Land

2022/12/15 by Pawara Laothamatas Leave a Comment

Hongkong Land on Thursday announced that international auction house Sotheby’s has agreed to lease 24,000 square feet (2,229.6 square metres) of space at Landmark Chater, the three-storey retail podium of Central’s Chater House, with analyst sources who spoke with Mingtiandi… Read More>>

Hongkong Land on Thursday announced that international auction house Sotheby’s has agreed to lease 24,000 square feet … Read more>>>

ESR Jeffrey Shen

ESR Proposes China REIT Seeded With 3 Greater Shanghai Logistics Projects

ESR Jeffrey Shen

2022/12/14 by Christopher Caillavet Leave a Comment

ESR on Tuesday announced plans for a China REIT seeded with three of the group’s logistics projects west of Shanghai, as the industrial specialist looks to securitise mainland assets after authorities cleared the way for onshore listed trusts last year.

… Read More>>

ESR on Tuesday announced plans for a China REIT seeded with three of the group’s logistics projects west of Shanghai, as … Read more>>>

Uday Kotak

Kotak Closes on $645M From CPPIB, AIIB for India Infrastructure Fund

Uday Kotak

2022/12/14 by Christopher Caillavet Leave a Comment

India’s Kotak Investment Advisors on Tuesday announced the first closing of its Kotak Infrastructure Investment Fund with INR 5,328 crore ($645.4 million) in combined commitments from the Canada Pension Plan Investment Board and the Asian Infrastructure Investment Bank.

KIIF targets… Read More>>

India’s Kotak Investment Advisors on Tuesday announced the first closing of its Kotak Infrastructure Investment Fund … Read more>>>

Daiwa House Industry Checks Out of Resorts and More Asia Real Estate Headlines

2022/12/14 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Japanese developer Daiwa House Industry sells its resort hotel business, and mainland power couple Celine and Gordon Tang buy more shares of Singaporean builder Chip Eng Seng.

Daiwa House Industry… Read More>>

In today’s roundup of regional news headlines, Japanese developer Daiwa House Industry sells its resort hotel business, … Read more>>>

Zhang Li R&F

Guangzhou R&F Co-Chairman Arrested on Kickback Charges in UK, Held on $18M Bail

Zhang Li R&F

2022/12/13 by Beatrice Laforga Leave a Comment

Guangzhou R&F Properties co-chairman Zhang Li has been arrested in London on suspicion of paying kickbacks in return for permits for a development project in San Francisco.

Reuters reported Tuesday that Zhang, who co-founded and also serves as chief executive… Read More>>

Guangzhou R&F Properties co-chairman Zhang Li has been arrested in London on suspicion of paying kickbacks in return … Read more>>>

PNB chairman Arifin Zakaria

Malaysia’s PNB Said to Back $214M Investment in Elanor Healthcare Property Fund

PNB chairman Arifin Zakaria

2022/12/13 by Christopher Caillavet Leave a Comment

Australia’s Elanor Funds Management has reportedly received help from Malaysian asset manager Permodalan Nasional Berhad to complete the A$289 million ($214 million) recapitalisation of the Elanor Healthcare Real Estate Fund.

The capital injection will provide a full liquidity event for… Read More>>

Australia’s Elanor Funds Management has reportedly received help from Malaysian asset manager Permodalan Nasional Berhad … Read more>>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust to Develop $230M Data Centre in Chennai

Sanjeev Dasgupta - CEO of Ascendas India Trust

2022/12/13 by Christopher Caillavet Leave a Comment

CapitaLand India Trust is ready for its third data centre project as the REIT on Tuesday announced plans to invest INR 19.4 billion ($230 million) to acquire and develop a Chennai site for a 55-megawatt facility.

SGX-listed CLINT has agreed… Read More>>

CapitaLand India Trust is ready for its third data centre project as the REIT on Tuesday announced plans to invest INR … Read more>>>

CIFI Headquarters

CIFI Mulls Exit From Property Management Arm and More Asia Real Estate Headlines

CIFI Headquarters

2022/12/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, troubled developer CIFI prepares to sell a stake in its services division, Blackstone taps the brakes on an eagerly awaited private equity fund, and Sun Hung Kai Properties announces the completion of a… Read More>>

In today’s roundup of regional news headlines, troubled developer CIFI prepares to sell a stake in its services … Read more>>>

merlin swire

Swire Group Sells Hong Kong Luxury Project to Fund for $128M

merlin swire

2022/12/12 by Pawara Laothamatas Leave a Comment

Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been tallied as the city’s most expensive luxury property deal so far this year on a per square foot basis.

… Read More>>

Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been … Read more>>>

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