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Lucas Loh CapitaLand

CapitaLand Tops Out RMB 24B Raffles City Chongqing

Lucas Loh CapitaLand

2019/02/25 by Jesus Alcocer Leave a Comment

CapitaLand announced on Monday that it has topped out the 1.2-million-square-metre Raffles City in Chongqing, a month after the Singapore-listed firm announced the S$11 billion acquisition of fellow government-backed developer Ascendas-Singbridge, its partner in the project.

Now structurally complete, the… Read More>>

CapitaLand announced on Monday that it has topped out the 1.2-million-square-metre Raffles City in Chongqing, a month … Read more>>>

jeff xu tb

Chinese Developer Backs Out of A$600M Starwood-Backed Project in Melbourne

jeff xu tb

2019/02/25 by Jan Kot Leave a Comment

Australia-based Chinese developer Golden Age and partner US investment firm Starwood Capital have shelved plans for a A$600 million ($427 million) Melbourne apartment and hotel complex, and are reportedly selling the site to Proprium Capital Partners Australia amid a slowing… Read More>>

Australia-based Chinese developer Golden Age and partner US investment firm Starwood Capital have shelved plans for a … Read more>>>

Modi India

Modi Govt Cuts Real Estate Taxes by 87% in Run-Up to Election

Modi India

2019/02/25 by Jesus Alcocer Leave a Comment

India’s Goods and Services Tax Council announced on Sunday that the country would lower taxes on unfinished and affordable homes, as Prime Minister Modi’s ruling Bharatiya Janata Party strives to boost the real estate sector ahead of the general elections… Read More>>

India’s Goods and Services Tax Council announced on Sunday that the country would lower taxes on unfinished and … Read more>>>

Ming Mei GLP THUMB

GLP Turns Loan Shark in Deal to Buy 10% of Developer Beijing Vantone for RMB 822M

Ming Mei GLP THUMB

2019/02/24 by Jan Kot Leave a Comment

Singapore-based warehouse operator Global Logistics Properties (GLP) has acquired a 10 percent stake in Beijing Vantone Real Estate Co Ltd for RMB 822 million ($122 million), according to a statement filed with the Shanghai stock exchange.

Under the terms of… Read More>>

Singapore-based warehouse operator Global Logistics Properties (GLP) has acquired a 10 percent stake in Beijing Vantone … Read more>>>

Kwek Leng Beng

CDL Affiliate First Sponsor Buys Dresden Hotel for €49.5M

Kwek Leng Beng

2019/02/24 by Jesus Alcocer Leave a Comment

Singapore-listed hotel investment firm First Sponsor late last week announced the acquisition of the Westin Bellevue Hotel in Dresden, Germany for €49.5 million ($55 million), a purchase which adds to the close to €400 million the CDL Group affiliate has… Read More>>

Singapore-listed hotel investment firm First Sponsor late last week announced the acquisition of the Westin Bellevue … Read more>>>

Lucas Lo Similan

Macau Investor Tries for 23% Mark-Up One Year After Buying on Sheung Wan Building

Lucas Lo Similan

2019/02/24 by Jesus Alcocer Leave a Comment

A consortium of Macao businesses is reportedly putting the Bonham Circus building in Sheung Wan on the market for HK$2.1 billion, a 23 percent premium over the price they paid for the property just one year ago.

Reports of an… Read More>>

A consortium of Macao businesses is reportedly putting the Bonham Circus building in Sheung Wan on the market for HK$2.1 … Read more>>>

China Home Prices

China Home Price Growth Slows to 9-Month Low and More Asia Real Estate Headlines

China Home Prices

2019/02/24 by Michael Cole Leave a Comment

Tighter credit and stricter policy enforcement continued to slow down price growth in China’s real estate market according to the latest government figures, which put reports of average prices nationwide growing by their slowest pace in nine months at the… Read More>>

Tighter credit and stricter policy enforcement continued to slow down price growth in China’s real estate market … Read more>>>

Greg Peng Cindat

HNA Said Selling Pair of London Buildings to Cindat at Half-Price

Greg Peng Cindat

2019/02/21 by Jesus Alcocer Leave a Comment

HNA Group is in advanced talks to sell the Reuters building in London for £135 million ($176 million), according to a report published yesterday by Bloomberg.

Should the deal be consummated, the insolvent mainland conglomerate would be selling 30 South… Read More>>

HNA Group is in advanced talks to sell the Reuters building in London for £135 million ($176 million), according to a … Read more>>>

Petra Blazkova

China Led APAC Real Estate Markets with $31.2B in 2018 Deals

Petra Blazkova

2019/02/21 by Jesus Alcocer Leave a Comment

China led all Asia Pacific markets in sales of income generating properties in 2018, taking the top spot for the second year in a row, according to a report by market data provider Real Capital Analytics (RCA).

Mainland… Read More>>

China led all Asia Pacific markets in sales of income generating properties in 2018, taking the top spot for the second … Read more>>>

liu chengcheng kr space-tb

Mainland Co-Working Start-Up Kr Space Said Closing Six Centres Amid Cash Crunch

liu chengcheng kr space-tb

2019/02/21 by Jan Kot Leave a Comment

Mainland co-working provider Kr Space, a spinoff of Alibaba-backed tech media firm 36Kr, is said to be closing down six locations, spanning 30,000 square meters (322,917 square feet) according to local media accounts, a move which casts doubts over the… Read More>>

Mainland co-working provider Kr Space, a spinoff of Alibaba-backed tech media firm 36Kr, is said to be closing down six … Read more>>>

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