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people's bank of china pboc

China Setting Up $44B Developer Bailout Fund and More Asia Real Estate Headlines

people's bank of china pboc

2022/07/25 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Chinese officials reportedly prepare a rescue fund for debt-stricken mainland developers, a Singapore residential project nearly sells out on its first day of launch, and more Hong Kong homeowners are dumping properties at… Read More>>

In today’s roundup of regional news headlines, Chinese officials reportedly prepare a rescue fund for debt-stricken … Read more>>>

Jennifer Weitzel GLP

Asia Real Estate People in the News 2022-07-25

Jennifer Weitzel GLP

2022/07/25 by Michael Cole Leave a Comment

A pair of senior level hires in the data centre sector lead this week’s collection of personnel moves from around the region with both GLP and the former Colony Capital expanding their teams. Also making the list is a new… Read More>>

A pair of senior level hires in the data centre sector lead this week’s collection of personnel moves from around the … Read more>>>

Shinhan Cho Yong-byoung

KKR, IGIS Buying Shinhan Investment’s Seoul Headquarters for $487M

Shinhan Cho Yong-byoung

2022/07/24 by Christopher Caillavet Leave a Comment

Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime local partner IGIS Asset Management to acquire Shinhan Investment Corporation’s Seoul headquarters for KRW 639.5 billion ($487 million).

Shinhan Investment… Read More>>

Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime … Read more>>>

New World's Henry Cheng

New World Puts New Territories Mall on the Market for $764M

New World's Henry Cheng

2022/07/24 by Pawara Laothamatas Leave a Comment

New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New Territories as the Hong Kong-listed developer shops a number of non-core properties in the city, according to market sources.

The… Read More>>

New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New … Read more>>>

Piccadilly Grand

Singapore Private Home Prices Up 3.5% in Q2 as Housing Market Surges

Piccadilly Grand

2022/07/24 by Christopher Caillavet Leave a Comment

Prices of private homes in Singapore rose by 3.5 percent in from April through June, compared with the first three months of the year, accelerating from first-quarter growth of 0.7 percent, according to figures released Friday by the Urban Redevelopment… Read More>>

Prices of private homes in Singapore rose by 3.5 percent in from April through June, compared with the first three … Read more>>>

L Catterton Shibuya Upper West Project

Tokyu, L Catterton Plan Tokyo Project and More Asia Real Estate Headlines

L Catterton Shibuya Upper West Project

2022/07/24 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Japanese conglomerate Tokyu announces plans for a Tokyo mixed-use project, Hong Kong’s Sun Hung Kai Properties offers deep discounts to apartment buyers, and Chinese regulators try to tamp down the mortgage boycott crisis.

… Read More>>

In today’s roundup of regional news headlines, Japanese conglomerate Tokyu announces plans for a Tokyo mixed-use … Read more>>>

JLL Jim Yip

ESR Buys Business Park in Shanghai’s Pharma Valley as First Life Sciences Asset

JLL Jim Yip

2022/07/21 by Christopher Caillavet Leave a Comment

ESR has acquired a business park in the Shanghai biotech cluster known as Zhangjiang Pharma Valley, marking the industrial specialist’s first-ever life sciences asset.

Hong Kong-listed ESR bought the two-building campus from mainland developer Yango for an undisclosed price earlier… Read More>>

ESR has acquired a business park in the Shanghai biotech cluster known as Zhangjiang Pharma Valley, marking the … Read more>>>

Paul Yien of JLL

Hong Kong’s Office Market Shrank By 96,800 Square Feet Last Month

Paul Yien of JLL

2022/07/21 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market shrank by 96,800 square feet (8,993 square metres) in June, doing an about-face after eight straight months of positive take-up, according to JLL.

Overall vacancy in the city edged up to 9.4 percent at… Read More>>

Hong Kong’s Grade A office market shrank by 96,800 square feet (8,993 square metres) in June, doing an about-face after … Read more>>>

Yee-May-Leong Equinix

Singapore Opens Applications for New Data Centre Development 

Yee-May-Leong Equinix

2022/07/21 by Beatrice Laforga Leave a Comment

Data centre operators eager to serve Singapore’s growing tech sector received some good news this week as the city-state formally reopened applications for the energy-hungry facilities after a three-year hiatus. However, only the efficient and green need apply for the… Read More>>

Data centre operators eager to serve Singapore’s growing tech sector received some good news this week as the city-state … Read more>>>

Amelie-Delaunay

French Fund Manager Latest to Join Migration to Singapore

Amelie-Delaunay

2022/07/21 by Christopher Caillavet Leave a Comment

Paris-based investment group La Francaise will open a Singapore office at Frasers Tower in Tanjong Pagar, becoming the latest global fund manager to establish a beachhead in the Southeast Asian powerhouse.

Singapore is just the third Asia Pacific market for… Read More>>

Paris-based investment group La Francaise will open a Singapore office at Frasers Tower in Tanjong Pagar, becoming the … Read more>>>

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