Asia real estate and outbound investment news
A joint venture between warehouse developer and fund manager ESR and AXA Investment Managers has acquired a logistics facility near Tokyo for approximately JPY 39 billion ($368 million), just seven months after Amazon leased nearly half of the property.
The… Read More>>
China Vanke, the mainland’s biggest property firm by market value, last week appeared set to buy 19.9 percent of embattled villa developer Tahoe Group for RMB 2.4 billion ($343 million), however, that plan now appears in doubt.
The stake sale,… Read More>>
SGX-listed Yanlord Land Group Limited said Tuesday it has partnered with Singapore’s sovereign wealth fund GIC to jointly develop integrated commercial and residential property projects in high-growth cities across China amid signs the mainland residential market is gradually recovering from… Read More>>
Hong Kong’s ‘Shop King’ Tang Shing-bor has put a building in Wanchai up for sale at HK$450 million ($58 million), marking the fourth time this year that one of the city’s most prolific property investors has put assets on the… Read More>>
Mingtiandi concluded its APAC logistics series one week ago, with the inaugural MTD TV video series pulling in more than 5,700 viewers between the live and recorded versions.
The three-part series on logistics real estate investment, which led off with… Read More>>
The Mandarin Oriental Hotel Group said late last week that its net loss in the first half of 2020 widened to $435.5 million from $7.1 million over the same period one year ago, as the COVID-19 pandemic shuttered its hotels… Read More>>
Internet giant Alibaba is making its latest attempt to port its e-commerce dominance into China’s real estate market as the Hangzhou-based firm ups its stake in one of the mainland’s largest real estate agencies.
E-House (China) Enterprise Holdings Limited (02048.HK),… Read More>>
With the coronavirus pandemic creating obstacles to traditional ways of doing business, and market gyrations amplifying demand for data, real estate investors and developers across Asia are taking a closer look at tech systems in 2020.
To find out how… Read More>>
Logistics real estate platform ESR’s Charles de Portes will step down as group president in January 2021 to pursue philanthropic interests, one of several management changes announced late last week by the Warburg Pincus-backed firm.
Now 50, De Portes co-founded… Read More>>
Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the last of an overseas property portfolio that once included projects in the US,… Read More>>
