Asia real estate and outbound investment news
Regional warehouse developer e-Shang Redwood (ESR) has won LEED Gold certification for its Redwood Kunshan Distribution Centre 1 in Kunshan, Jiangsu province, a burgeoning logistics hub just west of Shanghai.
The 61,851 square metre, two-storey facility won the high level… Read More>>
One of China’s biggest builders is counting on a surge of sales from a $121 billion project it is building on a set of reclaimed islands between Malaysia and Singapore to bring in more than $3 billion in new sales… Read More>>
Chinese residential developer Country Garden has acquired a second residential site in Sydney after a three-year hiatus.
After several false starts, and a change of general manager in its Australian operations, the company has now secured a site amalgamated from 10… Read More>>
Mainland commercial developer Joy City has agreed to sell a 49 percent stake in six mixed-use projects in China to an investment fund to be controlled by Singapore’s GIC and mainland insurer China Life for RMB 9.29 billion ($1.4 billion).
A real estate investment trust managed by Singapore’s top developer will acquire a shopping mall in Chengdu from BlackRock for RMB 1.5 billion ($226 million), at a time when China’s retail property sector is struggling in the face of oversupply… Read More>>
A buy-and-hold strategy may be changing over to a buy-and-sell business model for one of the mainland’s best known property developers, after SOHO China chairman Pan Shiyi revealed this week that the company would sell three more of its Shanghai… Read More>>
Australian industrial developer Goodman Group has appointed Paul McGarry as head of its Asia operations, as the company restructures its management following the departure of long-time Greater China head Philip Pearce last month.
In the newly created top role for… Read More>>
A little-known developer made a big splash in Shanghai this week by paying the highest price ever for land in China’s most expensive city.
Fujian-based Ronshine China Holdings is China’s new land king after beating out 17 rival bidders to… Read More>>
Colliers International has appointed Li Jie (李杰) as Managing Director for the NASDAQ-listed property services firm’s North China business, according to a recent announcement by the company.
Li, who will be based in Beijing, joins Colliers from competitor JLL and… Read More>>
JLL has acquired Singapore-based interior design firm PDM International as the property consultancy seeks to expand its design, construction and fit-out capabilities in Asia.
The acquisition is part of a consolidation wave in the global real estate services industry and… Read More>>
