Asia Pacific real estate investment news and information
Despite the improving pandemic situation and rising property sales in Hong Kong, interest in buying homes fell by three percentage points to 14 percent in the second quarter of 2021, according to a Citibank survey on residential property ownership.
In… Read More>>
Hong Kong-listed ESR is about to become the largest real estate fund manager in Asia Pacific as the industrial real estate specialist today announced an agreement to acquire ARA Asset Management for $5.2 billion.
ESR together with ARA announced the… Read More>>
The latest financial results released by blue chip developer Swire Properties highlight a growing trend in Hong Kong’s office market, as large occupiers flee the punishing prices of the city’s traditional business hubs in favour of lower rents at high-spec… Read More>>
A unit of Singapore’s Keppel Corporation has formed a joint venture with Shanghai-based developer Topchain to manage investment properties, mainly offices and business parks, with asset enhancement potential in China.
The indirect wholly owned subsidiary, Keppel Yong Da Property Management… Read More>>
Moody’s Investors Service has downgraded the credit-worthiness of China Evergrande Group and three of its subsidiaries, dealing a fresh blow to the mainland’s most indebted developer.
The agency slashed the corporate family ratings for Evergrande and its principal domestic unit,… Read More>>
Hanison Construction Holdings has agreed to sell a half-stake in an eastern Hong Kong Island logistics asset and its full ownership in a Kowloon East industrial building for a combined HK$933 million ($120 million).
Hanison, controlled by the Cha family… Read More>>
Hong Kong’s Grade A office market showed signs of weakness in June, despite leasing activity in Central having doubled in the first half of 2021, according to a report by JLL.
In June, Hong Kong experienced a citywide rise in… Read More>>
Hongkong Land Holdings on Thursday reported a 12 percent year-on-year rise in first-half underlying profit and a narrowing of net losses, as the developer synonymous with Hong Kong’s commercial core continues to muddle through challenging times for commercial landlords.
The… Read More>>
US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had acquired a land parcel in Seoul to develop its second project in South Korea.
The world’s largest data centre trust plans to… Read More>>
Hong Kong’s northern New Territories continues to command above-market land prices, particularly in the hotspot of Kwu Tung, where Wheelock Properties on Wednesday topped 11 rival bids to win a development site for HK$4.19 billion ($540 million).
The site, known… Read More>>
