Leading today’s roundup, China’s biggest developer by sales announced a $3 billion fund-raising plan to repay debt — and promptly took a beating on the Hong Kong stock exchange due to the dilution of its existing shares. Singapore housing continues… Read More>>
Developer Headed by George W Bush’s Brother Buys Singapore Site for $632M
A Singapore-listed developer headed by a brother of former US president George W Bush has scooped up a residential site for S$840.9 million ($632.5 million), amid a surge of collective sales in the southeast Asian city-state.
The site, Park West… Read More>>
Singapore’s City Towers Put on the Block for S$355M and More Asia Real Estate Headlines
Another collective sale leads the region’s real estate headlines again today as Asia gets back to work after the western holiday season, with the owners of a housing development hoping to bring in S$355 million to be homeless. Meanwhile, Guangzhou… Read More>>
GIC, M&G Join Bidding for $400M Seoul Tower and More Asia Real Estate Headlines
South Korea continues to push its way back into the investment target area today as a $400 million Seoul office tower is said to receive bids from Singapore’s GIC and London-based M&G. Slightly to the south and west, Houston-based Hines… Read More>>
Fifth SG Project Goes for Collective Sale This Week and More Asia Real Estate Headlines
Singapore leads the news again today as the city’s fifth housing project this week goes up for collective sale. Slightly further south in Melbourne, a Chinese developer continues to buy up suburban sites and Sunac’s Sun Hongbin reaches a bit… Read More>>
CapitaLand Buys HCMC Site for $177M Project and More Asia Real Estate Headlines
Vietnam continues to be the hot new real estate location in Asia as news appears today of Singapore’s CapitaLand buying a new site near Ho Ch Minh City for a $177 million project. Also in the headlines, Singapore’s collective sale… Read More>>
Guangzhou R&F Says Contracted Sales Rise 56% in 2017 and More Asia Real Estate Headlines
The top real estate stories in the region are all about home sales today, as a major league mainland developer declares a 56 percent jump in new contracts, and housing prices in Hong Kong hit another record high. Meanwhile in… Read More>>
Outram Park Tower Joins Singapore’s S$6B Collective Sale Surge at S$728M Price
Singapore’s collective sale surge has grown by one more building – the horseshoe shaped Pearlbank Apartments in the Outram Park area. Colliers International announced Thursday that the iconic 37-storey building is up for collective sale, following a fourth and finally… Read More>>
Airbnb China Chief Checks Out After 4 Months and More Asia Real Estate Headlines
Another US unicorn appears to be stumbling in the China market, as room-sharing giant Airbnb announces a sudden leadership shift in its mainland unit today. Elsewhere in the headlines, developer Hysan adds yoga spaces to its latest office projects and… Read More>>
Blackstone, Gaw, KKR Shortlisted for $2B Link REIT Portfolio and More Asia Real Estate Headlines
Leading the news today, Hong Kong’s own Gaw Capital is said to be slugging it out with some of the world’s biggest investors as Link REIT puts a $2 billion set of assets on the market, while up on the… Read More>>