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Hong Kong Chief Executive John Lee Meets Media

Hong Kong Adds National Security Clause to Land Sales, Leases of Government Buildings

Hong Kong Chief Executive John Lee Meets Media

2023/02/15 by Greg Isaacson Leave a Comment

The Hong Kong government is defending its right to require bidders in land auctions to meet undefined national security criteria, with the city’s chief executive insisting the policy “has no relevance at all” to developers’ bidding decisions.

John Lee’s comments… Read More>>

The Hong Kong government is defending its right to require bidders in land auctions to meet undefined national security … Read more>>>

Seazen Group vice chairman Qu Dejun

Vice Chairman of Top 20 Chinese Developer Goes Missing

Seazen Group vice chairman Qu Dejun

2023/02/13 by Greg Isaacson Leave a Comment

The vice chairman of Hong Kong-listed Seazen Group, one of China’s largest homebuilders, has gone missing, with mainland news sources reporting that the executive is cooperating with authorities on an investigation into Dalian Wanda Group, where he previously held top… Read More>>

The vice chairman of Hong Kong-listed Seazen Group, one of China’s largest homebuilders, has gone missing, with mainland … Read more>>>

Todd-Olson Cushman & Wakefield

Singapore Leads APAC Data Centre Rankings with 2% Vacancy

Todd-Olson Cushman & Wakefield

2023/02/05 by Greg Isaacson Leave a Comment

Singapore remains the top hub for data centres in Asia Pacific, with record low vacancies of 2 percent in 2022, while Hong Kong ranks second despite climbing land prices, according to Cushman & Wakefield’s global comparison of homes for server… Read More>>

Singapore remains the top hub for data centres in Asia Pacific, with record low vacancies of 2 percent in 2022, while … Read more>>>

Pamela Ambler, head of investor intelligence for Asia Pacific at JLL

APAC Commercial Real Estate Investment Fell 27% to $129B in 2022: JLL

Pamela Ambler, head of investor intelligence for Asia Pacific at JLL

2023/02/01 by Christopher Caillavet Leave a Comment

Commercial real estate investment in Asia Pacific plunged 27 percent year-on-year in 2022 to $129 billion, as a tightening interest rate cycle and global macroeconomic uncertainties drove decision-making, according to JLL.

The fourth quarter alone saw a 41 percent year-on-year… Read More>>

Commercial real estate investment in Asia Pacific plunged 27 percent year-on-year in 2022 to $129 billion, as a … Read more>>>

GLP Park Jiaozhou PR Newswire

APAC Private Real Estate Fundraising Dipped 6% to $30B Last Year: Realfin

GLP Park Jiaozhou PR Newswire

2023/02/01 by Christopher Caillavet Leave a Comment

Fundraising for private real estate strategies targeting the Asia Pacific region suffered a 6 percent drop in 2022, but still vastly outperformed efforts in Europe and North America, according to data provider Realfin.

Last year saw 79 APAC real estate… Read More>>

Fundraising for private real estate strategies targeting the Asia Pacific region suffered a 6 percent drop in 2022, but … Read more>>>

Ismail Gafoor of PropNex Realty

Singapore Home Price Growth Eases to More Than Two-Year Low as Sales Slide

Ismail Gafoor of PropNex Realty

2023/01/27 by Christopher Caillavet Leave a Comment

Singapore’s private home prices inched up 0.4 percent in the fourth quarter of 2022 compared with levels in the prior three months to record the slowest growth pace in more than two years, according to data from the Urban Redevelopment… Read More>>

Singapore’s private home prices inched up 0.4 percent in the fourth quarter of 2022 compared with levels in the prior … Read more>>>

Shanghai Pudong Lujiazui (Getty Images)

Shanghai Commercial Property Investment Fell 23% in 2022

Shanghai Pudong Lujiazui (Getty Images)

2023/01/27 by Greg Isaacson Leave a Comment

Major trades of investment properties in Shanghai fell by more than one-fifth in terms of value from 2021 to 2022, according to reports by property brokerages, as COVID-19 restrictions and economic weakness derailed deals during the second and third quarters… Read More>>

Major trades of investment properties in Shanghai fell by more than one-fifth in terms of value from 2021 to 2022, … Read more>>>

Amelie Delaunay - ANREV

APAC Investors Boost Allocations to Real Estate: ANREV

Amelie Delaunay - ANREV

2023/01/26 by Christopher Caillavet Leave a Comment

Institutional investors worldwide look set to maintain their allocations to real estate this year, with the Asia Pacific cohort even planning to raise its percentage, according to data compiled by a group of non-profits serving the property investor community.

Investors… Read More>>

Institutional investors worldwide look set to maintain their allocations to real estate this year, with the Asia Pacific … Read more>>>

Wang Jianlin Wanda Commercial

Wanda Led China’s Commercial Developers Again in 2022 with 7% Growth

Wang Jianlin Wanda Commercial

2023/01/24 by Greg Isaacson Leave a Comment

China’s top commercial developers saw their operating income rise more than 5 percent in 2022, with Dalian Wanda Group’s mall-building business once again dominating the pack, as the mainland’s housing market crisis and sluggish economy left the country’s largest commercial… Read More>>

China’s top commercial developers saw their operating income rise more than 5 percent in 2022, with Dalian Wanda Group’s … Read more>>>

Liu Ping, chairman of Poly Developments and Holdings Group

State Developers Take 8 of Top 10 Spots in China Sales Rankings

Liu Ping, chairman of Poly Developments and Holdings Group

2023/01/23 by Greg Isaacson Leave a Comment

State-owned enterprises dominated the ranks of China’s biggest developers by sales in 2022, with SOEs accounting for eight of the top 10 mainland builders, as Beijing’s deleveraging policy battered the country’s private real estate firms.

Country Garden Holdings and Longfor… Read More>>

State-owned enterprises dominated the ranks of China’s biggest developers by sales in 2022, with SOEs accounting for … Read more>>>

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