Asia Pacific real estate investment news and information
Hong Kong-listed China Evergrande’s share price fell 4.3 percent Tuesday on news that the embattled developer’s chairman, Xu Jiayin, had stepped down from the chairmanship of Hengda Real Estate, the Shenzhen-based group’s main property unit in China.
Xu is no… Read More>>
Some 80 percent of real estate professionals in Asia Pacific now say that sustainability is important… Read More>>
Hong Kong-based private equity firm PAG is marching into Asia’s data centre race with the launch of a digital infrastructure company led by industry veteran Kris Kumar.
The yet-unnamed company will focus on co-location, cloud, hyperscale and enterprise data centres,… Read More>>
Sustainability is rapidly gaining prominence with real estate investors, with some 46 pension funds and insurers having joined the UN-backed Net-Zero Asset Owner Alliance, which involves pledging to transition their portfolios to net-zero greenhouse gas emissions… Read More>>
Hong Kong-listed ESR on Monday announced the creation of a China logistics development fund with capital commitments from Dutch pension fund manager APG Asset Management and Singapore sovereign wealth fund GIC, targeting up to $4 billion in investment capacity.
The… Read More>>
US developer Hines has begun the second phase of its first residential project in India, bringing total investment in the Elevate luxury apartments in Gurugram to INR 1,500 crore ($202 million).
Hines and local partner Conscient Infrastructure spent INR 800… Read More>>
Lendlease has named a new chief financial officer for its Asia business, as the Sydney-based developer continues to reshape its leadership in the region following former Asia boss Tony Lombardo’s promotion to group chief executive earlier this year.
Company veteran… Read More>>
Transactions of warehouses, data centres and other industrial property assets in Asia Pacific’s key markets jumped 82 percent year-on-year in the second quarter of 2021 to a new high of $13.4 billion, within striking distance of the $13.6 billion in… Read More>>
Real estate markets in Hong Kong and mainland China have begun to bounce back from the trauma of the COVID-19 pandemic, and that rebound is helping to drive encouraging results for one of the region’s largest commercial developers.
Swire Properties… Read More>>
New World Development recently began work on its second K11 commercial project in Shanghai, breaking ground on a 17,171 square metre (184,827 square foot) site in the heart of the Middle Huaihai Road shopping district, according to a company press… Read More>>
