Asia real estate and outbound investment news
CapitaLand Commercial Trust (CCT) has chalked up Singapore’s biggest office transaction of the year by agreeing to sell Twenty Anson, a 20-storey office building in the Tanjong Pagar neighbourhood, for a total of S$516 million ($379 million).
The Singapore-listed trust,… Read More>>
Asia’s largest REIT, together with Hong Kong’s biggest privately owned developer has just topped out a nearly 900,000 square foot office tower in the city’s Kowloon East area, as demand for office space continues to build in the alternative business… Read More>>
Shanghai put four commercial and residential land parcels up for tender this past week, making available new sites valued at a combined RMB 13.7 billion ($2 billion), across three districts of the municipality. The projects are expected to yield at… Read More>>
A mixed-use plot atop MTR Corporation’s Wong Chuk Hang station said to be worth up to HK$36 billion ($4.6 billion) has generated 36 expressions of interest from developers including Sun Hung Kai Properties, CK Asset and New World Development.
The… Read More>>
CBRE, the world’s largest commercial real estate brokerage, is shaking up its capital markets team in Asia and its leadership in southern China with a flurry of senior-level job changes in Hong Kong and Shenzhen this month.
Spurred by the… Read More>>
Real estate investor Francis Law Sau-fai has reportedly sold a commercial building in Hong Kong’s Sheung Wan area for HK$2.1 billion ($267 million) — three times the price he paid for the asset eight years ago.
Law, the executive director… Read More>>
Singapore’s government is launching sites that can yield a total of up to 8,040 private residential units in the second half of 2018, keeping pace with new supply in the first half, while ramping up the commercial real estate pipeline… Read More>>
Gaw Capital Partners is building up its property holdings in California’s Bay Area, with an affiliate of the Hong Kong-based private equity firm paying $93.5 million this month for a Silicon Valley office building.
An investor called GC Orchard Trimble,… Read More>>
HNA Group is reportedly shedding nearly half of its office footprint in Hong Kong’s Three Exchange Square, just 15 months after the troubled Chinese conglomerate leased eight floors in the downtown tower.
The mainland firm is said to be seeking… Read More>>
Singaporean developer CapitaLand is ramping up its presence in the western Chinese municipality of Chongqing, buying a RMB 5.7 billion ($864 million) mixed-use site that will be turned into a retail, office and residential property yielding over 2,100 homes.
The… Read More>>
