Asia Pacific real estate investment news and information
Country Garden’s two-year reign as China’s biggest developer came crashing to earth in 2023 as the Guangdong-based builder’s contracted sales plunged 53.3 percent on the year to RMB 216.9 billion ($30.6 billion).
After knocking longtime champion China Evergrande out of… Read More>>
Singapore’s Income Insurance has put the Prinsep House commercial block in Dhoby Ghaut up for sale at an asking price of S$157 million ($118.3 million), marking the latest in a string of asset disposals by the NTUC Enterprise group of… Read More>>
Annual completions of private housing in Hong Kong for the three years of 2026-28 are expected to fall 44 percent compared with those in 2023-25, according to a JLL forecast.
Declining homebuyer interest and pressure on builders from high interest… Read More>>
After five consecutive years of leading investment by state-owned funds globally, Singapore’s GIC and Temasek Holdings both cut their commitments by more than half last year, with the pair combining to deploy $26.2 billion of fresh capital last year.
That… Read More>>
Guangzhou R&F Properties has announced the resignation of co-chairman Zhang Li as a board member and CEO, effective 29 December.
Zhang, who co-founded the developer with Hong Kong businessman Li Sze Lim in 1994, stepped down “due to his other… Read More>>
Hidden Hill Capital on Wednesday announced the final close of its second RMB private equity fund targeting logistics and proptech companies, with the strategy having raised RMB 8 billion ($1.1 billion) in capital commitments.
Hidden Hill PE RMB Fund II… Read More>>
With Japan’s tourism sector on the rebound, global players have ramped up purchases of hospitality assets in Asia’s second largest economy, with foreign investors accounting for more than 60 percent of hotel acquisitions in the country during the first three… Read More>>
Embattled mainland developer Dalian Wanda Group has sold its Wanda Reign on the Bund hotel in Shanghai to the family office of Indonesian pulp and paper billionaire Sukanto Tanoto in a rare purchase of a mainland hotel asset by a… Read More>>
Shui On Land has agreed to sell a 65 percent equity interest in a Shanghai commercial project to a fund controlled by state-owned insurer Dajia Life for RMB 1.2 billion ($170 million).
The disposal is in line with Shui On’s… Read More>>
Private home prices in Singapore rose by 2.7 percent in the final three months of 2023, compared to the preceding quarter, as slower sales allowed a few luxury project launches to skew a government price index higher, while growth for… Read More>>
