Asia Pacific real estate investment news and information
Casino billionaire David Chow’s Macau Legend Development is poised to sell the Landmark Macau hotel and gambling complex for HK$4.6 billion ($590 million), shedding one of its two flagship properties in the gambling mecca.
The Hong Kong-listed firm has announced… Read More>>
Alex Jeffrey has been appointed to lead M&G in Asia Pacific, as the UK-based asset manager continues to build up its Asia leadership team. Jeffrey will relocate to Singapore to take the newly created role in the second quarter of… Read More>>
Nearly a dozen mainland and Hong Kong developers have placed bids on a waterfront residential site that could be worth up to HK$22 billion ($2.82 billion) in Hong Kong’s Cheung Sha Wan area, following Sun Hung Kai’s purchase of an… Read More>>
Chinese homebuilder Greentown Group has won a piece of residential land in western Beijing for RMB 8.6 billion ($1.3 billion), paying a premium of nearly 20 percent over the reserve price to grab the city’s most expensive site on offer… Read More>>
Leading developer Swire Properties is set to take full ownership of a set of buildings in Hong Kong’s Wanchai district at an auction which values the property for sale at HK$2.06 billion ($263 million). The developer of Pacific Place in… Read More>>
Tycoon Tang Shing-bor has sold a pair of buildings next to Hong Kong’s popular Times Square shopping mall for a total of HK$950 million ($122 million), paving the way for the rare parcel in Causeway Bay to be redeveloped… Read More>>
Two units on a high floor of Hong Kong’s Two ifc skyscraper have been leased out for HK$200 ($25.63) per square foot per month, setting a post-2008 record high for the world’s most expensive office leasing market.
The units covering… Read More>>
CBRE Global Investors will be adding more Asian properties to its $98.3 billion in global assets under management, as the Los Angeles-based firm has announced the final closing of a $1 billion Asia real estate fund.
Warehouse-focussed vehicle Asia Value… Read More>>
While Vietnam has been gaining popularity as a vacation destination in recent years, the Southeast Asian nation may soon be greeting an influx of hopeful property investors after a Warburg Pincus-backed mall developer celebrated the country’s biggest ever public listing… Read More>>
It’s been a long time since bargains were available in Shanghai’s property market, but a director of Hong Kong-listed New World Development just picked up a mixed-use project in the city’s Zhongshan Park area at an attractive price.
The property… Read More>>
