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1-23 Interchange Melbourne

Surge in Warehouse, Data Centre Buys Drives Industrial Deals to Record $13.4B in Q2

1-23 Interchange Melbourne

2021/08/15 by Mingtiandi Team Leave a Comment

Transactions of warehouses, data centres and other industrial property assets in Asia Pacific’s key markets jumped 82 percent year-on-year in the second quarter of 2021 to a new high of $13.4 billion, within striking distance of the $13.6 billion in… Read More>>

Transactions of warehouses, data centres and other industrial property assets in Asia Pacific's key markets jumped 82 … Read more>>>

alpharium4

ARA Said Marketing Seoul Office Block for $859M and More Asia Real Estate Headlines

alpharium4

2021/08/13 by Michael Cole Leave a Comment

A potential Korean mega-deal leads today’s roundup of real estate headlines, as Singapore’s ARA Asset Management is reported to be readying the sale of an office building in a Greater Seoul tech cluster.

China Evergrande also makes… Read More>>

A potential Korean mega-deal leads today’s roundup of real estate headlines, as Singapore’s ARA Asset Management is … Read more>>>

cs-GuyBradley

Swire Properties Reports 49% Jump in Profit as Greater China Market Recovers

cs-GuyBradley

2021/08/12 by Michael Cole Leave a Comment

Real estate markets in Hong Kong and mainland China have begun to bounce back from the trauma of the COVID-19 pandemic, and that rebound is helping to drive encouraging results for one of the region’s largest commercial developers.

Swire Properties… Read More>>

Real estate markets in Hong Kong and mainland China have begun to bounce back from the trauma of the COVID-19 pandemic, … Read more>>>

adrian cheng

New World Breaks Ground on Huaihai Road Project in Shanghai

adrian cheng

2021/08/12 by Pawara Laothamatas Leave a Comment

New World Development recently began work on its second K11 commercial project in Shanghai, breaking ground on a 17,171 square metre (184,827 square foot) site in the heart of the Middle Huaihai Road shopping district, according to a company press… Read More>>

New World Development recently began work on its second K11 commercial project in Shanghai, breaking ground on a 17,171 … Read more>>>

republic plaza singapore

CDL Declares Loss Despite SG Market Boom and More Asia Real Estate Headlines

republic plaza singapore

2021/08/12 by Michael Cole Leave a Comment

Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the city’s largest non-government-backed developer, as City Developments Ltd revealed its second quarter financials today.

Also in the… Read More>>

Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the … Read more>>>

evergrande ev tb

Evergrande Weighs Sale of Stake in Auto Unit After $740M H1 Loss

evergrande ev tb

2021/08/11 by Christopher Caillavet Leave a Comment

After China Evergrande New Energy Vehicle Group issued a warning this week that its first-half net loss was expected to nearly double from a year earlier, the car maker’s parent firm — debt-saddled developer China Evergrande — has confirmed that… Read More>>

After China Evergrande New Energy Vehicle Group issued a warning this week that its first-half net loss was expected to … Read more>>>

butterfly on prat

Hotel in Hong Kong’s Tsim Sha Tsui Said Sold to US Fund for $123M

butterfly on prat

2021/08/11 by Christopher Caillavet Leave a Comment

Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, has reportedly changed hands for HK$980 million ($123 million) as the local tourism collapse compels smaller lodging operators to sell their assets to redevelopment-minded investors.

Multiple market… Read More>>

Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, has reportedly changed hands for HK$980 million … Read more>>>

Livat mall changsha

Ikea Branches Out Into Housing With New China Centre and More Asia Real Estate Headlines

Livat mall changsha

2021/08/11 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, retail giant Ikea has gone from selling furniture for your new apartment to selling you a home too as the Swedish firm launches residential sales at a mixed-use project in the capital of… Read More>>

In today’s roundup of regional news headlines, retail giant Ikea has gone from selling furniture for your new apartment … Read more>>>

Lee Chee Koon tb

CapitaLand Shareholders Approve $15.9B Restructuring, Developer to De-List

Lee Chee Koon tb

2021/08/10 by Christopher Caillavet Leave a Comment

CapitaLand said shareholders on Tuesday voted “overwhelmingly” in favour of a $15.9 billion plan to privatise the Singapore property giant’s development operation and spin off its fund management business.

More than 3,400 CapitaLand shareholders voted by proxy at an extraordinary… Read More>>

CapitaLand said shareholders on Tuesday voted “overwhelmingly” in favour of a $15.9 billion plan to privatise the … Read more>>>

Stan Tang

Family of Hong Kong’s Late Shop King Sells Fanling Industrial Asset for $89M

Stan Tang

2021/08/10 by Christopher Caillavet Leave a Comment

The family of late “Shop King” Tang Shing-bor has sold a second New Territories industrial asset to China Resources Group, as the cash crisis of one of Hong Kong’s most active real estate investors creates an opportunity for the mainland… Read More>>

The family of late “Shop King” Tang Shing-bor has sold a second New Territories industrial asset to China Resources … Read more>>>

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