Asia Pacific real estate investment news and information
Asia Pacific is home to 19 of the world’s 20 most dynamic cities, reflecting the region’s rapid urbanization and economic growth, according to a report published today by JLL.
The latest edition of the property consultancy’s City Momentum Index found… Read More>>
Less than two weeks after agreeing to purchase a home at Hong Kong’s Jardine’s Lookout for HK$721.88 million ($92.1 million), an unnamed buyer has walked away from the deal, forfeiting a HK$36 million deposit, according to Hong Kong public records.
Ascott Residence Trust has sold the Ascott Raffles Place Singapore to a local private investor for S$353.3 million, according to a filing by the REIT’s manager to the Singapore Exchange last week, parting with one of the most recognisable properties in the… Read More>>
Edward Cheung, Chairman of the Asia Pacific Board and Chief Executive Officer for Greater China at Cushman & Wakefield, has announced his retirement from the property consultancy, after more than 26 years with the firm, and ten years as regional… Read More>>
Central’s biggest landlord is suing China’s biggest financial train-wreck for unpaid fees from an eight-floor office that was never occupied, according to a report in the South China Morning Post.
A unit of Hongkong Land is suing HNA Group after… Read More>>
Germany’s Patrizia Immobilien has acquired Kenzo Capital Corporation, a Tokyo-based real estate advisory and asset management firm, giving the European real estate investment manager its first foothold in Japan.
Augsburg-based Patrizia unveiled the move in an announcement this week noting… Read More>>
Hong Kong conglomerate CK Asset is proposing to convert a Hong Kong hotel into a 5,000-unit housing estate, the company revealed in a filing with the city’s town planning board.
The listed company controlled by the family of retired tycoon… Read More>>
HNA Group confirmed today that it has sold a majority stake in a Manhattan office building, as the financially hobbled mainland conglomerate races to sell assets and raise cash.
The parent company of China’s Hainan Airlines said that it had… Read More>>
Despite a slowdown in the Hong Kong commercial real estate market, office rents in the Asian financial hub rose to record levels in the fourth quarter, reaching an average of HK$146 ($18.62) per square foot per month on a net… Read More>>
Tech investor Softbank has agreed to invest a fresh $2 billion in the shared space giant formerly known as WeWork, according to an announcement on Tuesday by the co-working pioneer.
The new investment represents around 12 percent of the $16… Read More>>
