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jitendra-virani Embassy Group

Blackstone Kicks Off $722M IPO for India’s First REIT

2018/09/25 by Oliver Jones Leave a Comment

India’s first real estate investment trust – the Blackstone-sponsored Embassy Office Parks REIT – kicked off its IPO on Monday with the manager filing draft documents with the regulator.

The country’s maiden REIT will debut some four years after the… Read More>>

Keppel-KBS US REIT David Snyder

Keppel-KBS US REIT Buys Seattle Business Campus for $169M

2018/09/25 by Emma Zhou Leave a Comment

Keppel-KBS US REIT on Monday announced that has agreed to buy a 21 building business park in Washington state, picking up the commercial assets some 15 minutes’ drive from Microsoft’s home office in Seattle for $175.7 million including fees of… Read More>>

Wang Menghui MOHURD

China’s Guangdong Province Mulls Ban on Condo Pre-Sales in Latest Blow to Developers

2018/09/25 by Jan Kot Leave a Comment

Guangdong province is calling for the cancellation of a decades-long property pre-sale system that has played a primary role in supporting China’s real estate developers.

The provincial branch of China’s Ministry of Housing and Urban-Rural Development (MOHURD) issued a notice… Read More>>

Don Taylor Swire

JLL Moving Hong Kong Office to Swire’s One Taikoo Place in Quarry Bay

2018/09/24 by Emma Zhou Leave a Comment

JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office in the city’s traditional business centre of Admiralty and move to One Taikoo Place in Quarry Bay next year.

The Chicago-based… Read More>>

Liu Qiangdong jd.com

JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years

2018/09/23 by Emma Zhou Leave a Comment

China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping up its competition with Alibaba and Tencent to dominate the mainland grocery business.

Wang Xiaosong, CEO of… Read More>>

Toshihiro Toyoshima, chairman of Spring REIT

HK-Listed Spring REIT Buys Guangdong Mall From Huamao Property for $241M

2018/09/23 by Jan Kot Leave a Comment

Spring Real Estate Investment Trust has acquired its first retail asset in China as the Hong Kong-listed REIT announced late last week that it has agreed to purchase a shopping mall just north of Shenzhen for RMB 1.65 billion ($241… Read More>>

Gerald Yong CapitaLand

CapitaLand Buys $835M in US Multifamily Assets From Starwood Capital

2018/09/21 by Michael Cole Leave a Comment

Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million purchase of a portfolio of multifamily properties, according to an announcement by the Singaporean company this week.

The government-linked developer’s CapitaLand International subsidiary… Read More>>

Tian Huiyu China Merchants Bank

China Merchants Bank Takes Over Half of HNA’s Former Hong Kong Home

2018/09/20 by Emma Zhou Leave a Comment

Mainland financial heavyweight China Merchants Bank has leased a four floor office in Hong Kong’s Three Exchange Square in Central, taking half of the eight floors shed by liquidity-troubled HNA last week, local media reported.

The Shenzhen-based commercial bank, which… Read More>>

Infosys bangalore

Bangalore, Singapore and Shenzhen Lead Ranks of Top Tech Locations in Asia

2018/09/20 by Emma Zhou Leave a Comment

Bangalore, Singapore, and Shenzhen lead a list of top locations for high tech companies to set up shop in Asia, according to a report released this week by property consultancy Colliers International.

The trio of cities representing mainland China, Southeast… Read More>>

Wang Jianlin Wanda

Wanda Said to Sell Chicago, LA Projects to Close Out Overseas Portfolio

2018/09/20 by Jan Kot Leave a Comment

Wang Jianlin’s Dalian Wanda Group has agreed to sell off the last two assets it what once was a $5 billion overseas real estate portfolio, according to reports in the US media. A deal reported today to dispose of projects… Read More>>

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