Asia real estate and outbound investment news
Once known for its decaying workshops, the Wong Chuk Hang area in southern Hong Kong is gaining popularity as a commercial hub with developers rushing to turn its one-time factory space into hotels, offices and retail space.
The opening of… Read More>>
John Lim, group CEO of ARA Asset Management, has been elected chairman of the Asia Pacific Real Estate Association (APREA), an industry non-profit that promotes cross-border investment in the region’s real estate.
The well-known investor succeeds former GIC real estate… Read More>>
Global insurance giant Allianz Group is adding to its portfolio of Asia Pacific logistics investments, by committing $100 million to a Japan-specific fund managed by pan-Asian warehouse builder e-Shang Redwood (ESR).
Allianz Real Estate announced on Friday that it had… Read More>>
China’s burgeoning co-working sector just got another burst of cash, with Shanghai-based shared office startup Distrii closing on a RMB 200 million ($30 million) round of financing from a group of global investors.
Singapore’s City Developments Limited (CDL) and California-based… Read More>>
Hong Kong’s Sunlight REIT, which is managed by a unit of Henderson Land Development, has announced that it is buying a commercial building on Nathan Road in Mong Kok for HK$658 million ($84.3 million). Through the sale-and-leaseback deal, the REIT… Read More>>
Hong Kong’s Gaw Capital Partners is the latest investor to bet on China’s appetite for affordable housing, as the government pushes rental apartments to mitigate the country’s residential woes.
The private equity shop announced that a fund it manages has… Read More>>
Manulife Real Estate has hired a new head of Asia real estate investments, as the arm of Canada’s Manulife Financial Corp doubles down on the Asian property sector. Real estate investment veteran Kenny Lam is joining the firm’s Hong Kong… Read More>>
Chinese shared office giant UrWork has partnered with a Shanghai-based rival to accelerate its growth drive, as Asia’s co-working space race continues to ramp up. The $1.4 billion, Beijing-based firm announced Monday that it has inked a joint venture agreement… Read More>>
Singapore-listed Ascendas REIT (A-REIT) has bought a 14-storey office tower on the outskirts of Brisbane for A$83.83 million ($66.6 million), marking the trust’s second acquisition of an office property in Australia.
The office deal in Brisbane, capital of the state… Read More>>
Beijing-based property developer Cinda Real Estate has announced that Ding Xiaojie has been unanimously appointed as the new chairman of its board of directors, replacing Jia Honghao. The transition to the new leadership for the Shanghai-listed builder took place on… Read More>>
