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Zhang Xin SOHO China

SOHO China Puts Two More Projects Up for Sale and More Asia Real Estate Headlines

Zhang Xin SOHO China

2017/07/06 by Michael Cole Leave a Comment

Supply follows demand in the region’s real estate news today as developers and investors dig through their portfolios for assets to put in front of the region’s property hungry investors. Fresh off of selling a Hongkou property last week, SOHO… Read More>>

Supply follows demand in the region’s real estate news today as developers and investors dig through their portfolios … Read more>>>

Champion REIT Looks to Sell Langham Place Office Tower as HK Market Surges

2017/07/05 by Greg Isaacson Leave a Comment

Champion REIT, a listed trust sponsored by Hong Kong developer Great Eagle, is testing buyer interest in the HK$8.5 billion ($1.1 billion) Langham Place office tower in Mong Kok, as a flurry of major deals drives record-high property values in… Read More>>

Champion REIT, a listed trust sponsored by Hong Kong developer Great Eagle, is testing buyer interest in the HK$8.5 … Read more>>>

$1.3B Co-Working Startup URWork Raises $29M from Beijing Investor

2017/07/05 by Greg Isaacson Leave a Comment

Shared office unicorn URWork has just closed another round of funding, with Beijing Aikang Group injecting RMB 200 million ($29.4 million) into the startup that aims to be China’s answer to WeWork, the company announced this week.

The latest cash… Read More>>

Shared office unicorn URWork has just closed another round of funding, with Beijing Aikang Group injecting RMB 200 … Read more>>>

Jardine House Hong Kong

Mainland Tenants Help Drive HK Office Rents to New High and More Asia Real Estate Headlines

Jardine House Hong Kong

2017/07/05 by Michael Cole Leave a Comment

Hong Kong’s bubbly property market set a new mark this month, with a major property consultancy saying downtown office rents have hit their highest level in over a decade. Also in the news, CapitaLand’s Ascott buys up an Aussie partner… Read More>>

Hong Kong’s bubbly property market set a new mark this month, with a major property consultancy saying downtown office … Read more>>>

Lynette Leong, CEO of CapitaLand Commercial Trust Management Limited

CapitaLand Commercial Trust Sells Wilkie Edge in Singapore for $203M

Lynette Leong, CEO of CapitaLand Commercial Trust Management Limited

2017/07/04 by Greg Isaacson Leave a Comment

CapitaLand’s commercial REIT is selling a mixed-use development in central Singapore for S$280 million ($202.7 million), in a signal that the city-state’s sluggish commercial property market may be picking up.

CapitaLand Commercial Trust (CCT), a real estate investment trust managed… Read More>>

CapitaLand's commercial REIT is selling a mixed-use development in central Singapore for S$280 million ($202.7 million), … Read more>>>

Xu Jiayin China Evergrande

China Evergrande Sales Jump 72% in 1H and More Asia Real Estate Headlines

Xu Jiayin China Evergrande

2017/07/04 by Michael Cole Leave a Comment

As we head into July Asia’s real estate investors are showing no signs of taking a holiday, with major activity popping up in Singapore, Beijing and points in between. Leading off today’s headlines, Evergrande sees its taste for lower-tier cities… Read More>>

As we head into July Asia’s real estate investors are showing no signs of taking a holiday, with major activity popping … Read more>>>

Lin Zhong CIFI

Henderson Land Teams Up with Shanghai’s CIFI for $662M in Suzhou Projects

Lin Zhong CIFI

2017/07/04 by Greg Isaacson Leave a Comment

The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong’s biggest developers, along with its mainland partner, may be hoping that the Chinese commercial centre’s sky high real estate… Read More>>

The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong's … Read more>>>

zhao lijun

CIC, China Life Join TIAA in $1.1B US Parking Deal

zhao lijun

2017/07/03 by Greg Isaacson Leave a Comment

China’s sovereign wealth fund and its largest insurer are backing a consortium of investors to buy the biggest parking operator in North America in a deal estimated to top $1 billion, the companies revealed last week.

A unit of China… Read More>>

China's sovereign wealth fund and its largest insurer are backing a consortium of investors to buy the biggest parking … Read more>>>

tang yong CR Land

China Resources Land Buys Hong Kong Central Site for $141M

tang yong CR Land

2017/07/03 by Greg Isaacson Leave a Comment

The Hong Kong buying binge by mainland developers continues unabated as China Resources Land (CR Land) beat out the Gaw family to pick up a residential site in the city’s Central district for HK$1.1 billion ($140.9 million), it was reported… Read More>>

The Hong Kong buying binge by mainland developers continues unabated as China Resources Land (CR Land) beat out the Gaw … Read more>>>

crystal mao

Asia Real Estate People in the News 2017-07-03

crystal mao

2017/07/03 by Michael Cole Leave a Comment

Leading this week’s list of property professionals finding new homes, or just upgrading their pay packets, is a real estate finance veteran taking the top money job at a southern Chinese developer. Also getting their turns in the spotlight, a… Read More>>

Leading this week’s list of property professionals finding new homes, or just upgrading their pay packets, is a real … Read more>>>

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