Chinese property firms continue to cut their Australian holdings, with that story leading Mingtiandi’s headline roundup today. Blackstone is also making news as it champions easier business rules in India, and the same country’s Embassy REIT plans to raise $400… Read More>>
ESR Acquires Delhi Area Industrial Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, logistics titan ESR acquires a Delhi industrial site from local property firm TARC, analysts predict a muted start to the Lunar New Year for Hong Kong’s housing market, and Chinese developer Dahua Group… Read More>>
GuocoLand Selling Shanghai Hotel to Dahua Group for RMB 1.44B
One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo district at a mark-up of nearly 65 percent over its net book value, according to an announcement to the Singapore stock… Read More>>
HK Housing Rents Sink to Lowest in 23 Months and More Asia Real Estate Headlines
Hong Kong housing leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that apartment rents in the Asia financial hub are at their lowest level since March 2018.
In other events around the region,… Read More>>
HK Developers Cut Prices by 20% to Lure Back Buyers and More Asia Real Estate Headlines
Hong Kong home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today as developers take drastic measures to lure reluctant buyers back to the market, with some slashing prices by up to 20 percent, while a… Read More>>
Thailand’s Central Group Hopes for $1B Retail IPO and More Asia Real Estate Headlines
Department stores are closing down faster than popsicle stands in November in most parts of the world, but Thailand’s largest retailer makes news today with news of plans to use its collection of department stores to anchor a hoped for… 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>>
Ralph Lauren Closes HK Flagship Store in Luxury Letdown and More Asia Real Estate Headlines
Ralph Lauren may be an American legend, but his Hong Kong flagship store will soon be a local memory as the US fashion brand adapts to the city’s struggling luxury market. Also in the news today, Savills Investment Management disposes… Read More>>
K Wah Boss Baffled By HK Market After Losing 16 Land Bids and More Asia Real Estate Headlines
In today’s real estate headlines even one of Hong Kong’s most established property tycoons is feeling the pressure as the city’s land prices soar at the same time that home prices slide. Meanwhile, the city’s biggest developer denies reports it… Read More>>
Chinese Developer Starts A$1Bil Project as Sydney Market Softens
China’s Dahua Group has revealed plans for an A$1 billion ($761 billion) master-planned estate in Sydney’s southwest suburb of Bardia, the second project in this area of the city for the top 50 mainland developer which has created a second… Read More>>