Asia Pacific real estate investment news and information
Chinese financial conglomerate CITIC Group has inaugurated Beijing’s tallest skyscraper, formally known as the CITIC Tower, eight years after breaking ground.
At 528 metres (1,732 feet) tall, and commonly known as China Zun, the skyscraper rises above its closest rival… Read More>>
A joint venture between Allianz Real Estate and funds managed by Alpha Investment Partners has agreed to invest €1 billion ($1.1 billion) to acquire a Beijing commercial complex from Warburg Pincus-backed developer D&J China, according to announcements by the companies.
M&G Investments, a unit of UK-based M&GPrudential has appointed Loretta Ng as its new head of Asia, according to an announcement by the company.
Ng takes over her new role in Singapore starting on 1 November as she joins the… Read More>>
Hong Kong’s retail sales declined more sharply in August than during the 2003 SARS outbreak, according to a report released this week, as the city’s shopping sector suffered from the joint effects of tighter economic conditions on the mainland, the… Read More>>
Less than four months after acquiring its third property in Hong Kong, co-living operator Weave has purchased its fourth and largest building in the Asian financial hub, according to sources familiar with the transaction who spoke to Mingtiandi.
The Warburg… Read More>>
CBRE has appointed Greg Hyland as managing director of capital markets for Asia Pacific, according to an announcement by the company.
The former JLL head of capital markets for Singapore takes charge of the consulting firm’s capital markets teams across… Read More>>
The real estate unit of mainland e-commerce giant JD.com says it is teaming up with more than 200 Chinese property developers to offer homes at half their market value for the Singles’ Day online shopping festival coming up next month.
UK-based fund manager Actis has taken a majority stake in China-focused data centre specialist Chayora Holdings with a $180 million investment.
The London-headquartered firm, which is providing the capital through its Actis Asia Real Estate Fund and other managed investment… Read More>>
Co-living specialist Hmlet is set to open its biggest location yet in Hong Kong next month, as the Singapore-based company continues to expand its presence in Asia Pacific.
The new location, which contains 57 rooms, is Hmlet’s fourth largest in… Read More>>
CK Asset Holdings has sold a real estate project in the northeastern Chinese city of Dalian to Sunac China Holding for over RMB 4 billion ($560 million), according to an account by the Chinese business news site Caixin.
The sale… Read More>>
