Asia Pacific real estate investment news and information
Henderson Land has secured full ownership of an ageing building in the heart of Hong Kong’s Tsim Sha Tsui district, as the developer continues to build out its presence in Kowloon.
Two months after winning approval from Hong Kong’s Lands… Read More>>
Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company owned by Indonesia’s Widjaja family plans to completely exit the commercial building near the Orchard Road shopping strip.
The… Read More>>
TSE-listed Nippon Building Fund announced on Friday that it has agreed to buy more space in a mixed-use complex developed by Mitsui Fudosan in Tokyo for JPY 43.8 billion ($303 million). The company revealed in the same statement that it… Read More>>
Singapore’s property market felt the pressure of rising interest rates in 2023 with investment plunging 31.8 percent to S$21.1 billion ($15.9 billion), according to Knight Frank.
Residential deals, comprising mostly government land sales, amounted to S$10.3 billion or 47.7 percent… Read More>>
Despite credit downgrades, disappearing associates and an aborted mall IPO, Dalian Wanda kept its crown as China’s biggest commercial developer last year, and the race wasn’t close.
Dalian Wanda Commercial Management, the primary holding company for Wanda’s commercial and hospitality… Read More>>
Korea’s Mastern Investment Management sold a nearly-completed office building in Seoul’s Gangnam business district late last month as Korea’s office market continues to defy a global slowdown.
The real estate fund manager, which manages over 150 assets worldwide, announced in… Read More>>
The third generation is on the rise at Singapore’s Hiap Hoe, with former chairman Teo Ho Beng retaking the top board spot at the real estate firm after a nearly seven-year interval as his son Marc Teo succeeds him as… Read More>>
Hong Kong has paused government sales of commercial and residential land for the first quarter of this year because of weak demand from developers after a string of lacklustre tenders.
In the January-to-March period, which corresponds to the fourth quarter… Read More>>
Blackstone has sold its interest in an upscale apartment complex in Singapore’s Sentosa Cove to BlackRock in a deal described by market analysts as a stressed sale of the financial rights.
Having invested S$367 million ($276 million) in a profit… Read More>>
Blackstone has sold a commercial building along Shanghai’s Central Huaihai Road shopping strip as the US private equity giant offloads investments in the face of what some experts believe could be a prolonged slump in China’s property market.
Huaihai 627,… Read More>>
