In today’s roundup of regional news headlines, Evergrande boss Xu Jiayin is tipped to be a no-show at China’s annual policy meeting as the embattled developer loses control of a Qingdao theme park, while Beijing plans to set up a… Read More>>
Amazon Wins Round in India Retail Battle with Future Group, Reliance
Delhi’s top court has rejected a plea from a retail unit of billionaire Kishore Biyani’s Future Group to quash Singapore arbitration proceedings filed by e-commerce giant Amazon, dashing the troubled Indian retailer’s hopes to overturn a case that… Read More>>
Asia Real Estate People in the News 2021-12-20
The struggles of China’s cash-starved development giants lead this week’s collection of personnel moves on Mingtiandi, with Shimao Group naming new directors to both its Hong Kong-listed flagship and its property management unit.
In India, KKR has… Read More>>
Amazon Opens in Singapore’s Asia Square as Tech Takes Over
Tech giant Amazon has moved into a new home spanning three floors of Singapore’s Asia Square One office tower, bringing a high tech hipster style to the city’s banker-dominated Marina Bay financial hub.
Occupying over 100,000 square feet (9,290 square… Read More>>
SHKP Ekes Out 1.7% Profit Increase and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong developer Sun Hung Kai reports a modest profit increase for its fiscal 2020/21, Singapore’s Fragrance Group applies to delist from the SGX after a privatisation offer, and CBRE says data centre… Read More>>
Central Shanghai Office Rents Inch Upward After Two-Year Slide
After the Shanghai office market saw rents slide by an estimated 7 percent last year in the face of the COVID-19 pandemic and a glut of new buildings, leasing rates in the city’s core areas began inching upwards again in… Read More>>
Blackstone Wins $500M From Korea’s NPS and More Asia Real Estate Headlines
Blackstone is back in the news today as a story about the US private equity giant winning a $500 million investment from Korea’s National Pension Service leads today’s collection of headlines from around the region.
Also in… Read More>>
Giordano to Close Six More HK Shops Amid $112M Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong retailer Giordano plans to close six stores in the city after reporting a full-year loss, JD.com’s shares slide on fears of overstretched logistics spending, and China Evergrande’s chairman looks beyond his… Read More>>
Ascendas India Trust Buying Amazon-Leased Hyderabad Offices for $70M
Ascendas India Trust on Tuesday announced that it has agreed to purchase an office building in Hyderabad, India leased almost entirely to online giant Amazon as the CapitaLand-managed REIT continues to build its tech space portfolio on the subcontinent.
The… Read More>>
Korea’s JR AMC Aims to Add Amazon Logistics Asset and More Asia Real Estate Headlines
Sheds lead today’s real estate news from around Asia again today as a Korean asset manager closes in a purchase of an Amazon fulfillment centre in Ohio.
South Korean investors may also get a chance to invest… Read More>>