Asia Pacific real estate investment news and information
The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.
Li Congrui resigned as chairman… Read More>>
Singapore’s private homes have surpassed Hong Kong’s as the most expensive in Asia Pacific with a median price of $1.20 million per unit, according to research by the Urban Land Institute.
Homes in Hong Kong cost an average of $1.16… Read More>>
A group of university students from Japan won the first-ever Urban Land Institute (ULI) Hines Student Competition in Asia Pacific this past week with their proposal to implement an urban healthy living concept to transform Singapore’s Jurong Lake District (JLD).
Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.
Classified as out-of-town retail parks, the freehold… Read More>>
Cheung Kei Group said this week that it is negotiating with investors for the sale of a partial stake in 5 Churchill Place in London, in a statement released just days after it was revealed that the Canary Wharf office… Read More>>
The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.
Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>
Hong Kong’s Link REIT posted revenue growth of 5.4 percent to HK$12.2 billion ($1.6 billion) for the 12 months ended in March, as the total distributable amount for Asia’s largest listed trust edged up 0.6 percent to HK$6.3 billion despite… Read More>>
Sino-Ocean Group has agreed to sell a Beijing shopping centre and the property’s parking area for a total of RMB 359.2 million ($50.6 million), as the state-backed Chinese developer continues a string of asset disposals in the wake of last… Read More>>
Singapore property heavyweight City Developments Ltd (CDL) has officially entered Australia’s build-to-rent (BTR) residential sector with a pair of development projects set to break ground in the second half of this year.
CDL Australia will begin construction on a rental… Read More>>
New leasing in Hong Kong’s Grade A office market is being driven mainly by upgrade demand amid more completions this year, according to JLL.
An estimated 3.2 million square feet (297,290 square metres) of new Grade A space is scheduled… Read More>>
