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Yang Guoqiang Country Garden

Country Garden Picks Up Suburban Melbourne Site for $304M

2017/07/11 by Greg Isaacson Leave a Comment

China’s Country Garden has scooped up a residential site in a suburb of Melbourne for A$400 million ($303.6 million), where it could build more than 4,000 houses.

Should the deal by the top five mainland developer win approval from Australia’s… Read More>>

Stuart Gibson

ESR Unveils 178,000 SQM Japanese Warehouse – With a Lounge

2017/07/11 by Greg Isaacson Leave a Comment

International logistics developer e-Shang Redwood is boosting its platform in Japan with the completion of a new 178,000 square metre logistics facility in the Osaka area, its 17th project in the country, just a week after the company achieved LEED… Read More>>

Wang Jianlin

Wanda Declares 12.4% Revenue Growth in 1H After Disastrous 2016

2017/07/10 by Greg Isaacson Leave a Comment

China’s biggest commercial property developer has made headlines around the world as it builds up a sprawling retail empire and snaps up overseas assets from cinema chains to sports firms. Questions were raised, however, about the sustainability of this aggressive… Read More>>

Parkson Chaoyang

Parkson Down to Last Beijing Location as Department Stores Disappear

2017/07/09 by Greg Isaacson Leave a Comment

Malaysia-based Parkson was a pioneer foreign investor in China’s retail scene, opening its first mainland department store in 1994. Now that location, on Beijing’s Fuxingmen Rd, is the brand’s last remaining outlet in China’s capital as Parkson shutters department stores… Read More>>

MIguel Ko Ascendas

Ascendas-Singbridge Sells Korean Office Project to IGIS for $635M

2017/07/06 by Greg Isaacson Leave a Comment

With backing from the country’s biggest pension fund, South Korea’s largest real estate fund manager has bought a $635 million prime office property in central Seoul from a fund controlled by Singaporean developer Ascendas-Singbridge, according to an announcement this week… Read More>>

Li Keqiang

Shanghai Home Sales Cut in Half in 2017 as Govt Seeks Good News on Affordability

2017/07/06 by Greg Isaacson Leave a Comment

After home prices jumped by as much as 76 percent in China’s first tier cities from the beginning of 2015 through the end of last year, the country’s leadership came into 2017 determined to stop speculation and cool down the… Read More>>

Champion REIT Looks to Sell Langham Place Office Tower as HK Market Surges

2017/07/05 by Greg Isaacson Leave a Comment

Champion REIT, a listed trust sponsored by Hong Kong developer Great Eagle, is testing buyer interest in the HK$8.5 billion ($1.1 billion) Langham Place office tower in Mong Kok, as a flurry of major deals drives record-high property values in… Read More>>

$1.3B Co-Working Startup URWork Raises $29M from Beijing Investor

2017/07/05 by Greg Isaacson Leave a Comment

Shared office unicorn URWork has just closed another round of funding, with Beijing Aikang Group injecting RMB 200 million ($29.4 million) into the startup that aims to be China’s answer to WeWork, the company announced this week.

The latest cash… Read More>>

Lynette Leong, CEO of CapitaLand Commercial Trust Management Limited

CapitaLand Commercial Trust Sells Wilkie Edge in Singapore for $203M

2017/07/04 by Greg Isaacson Leave a Comment

CapitaLand’s commercial REIT is selling a mixed-use development in central Singapore for S$280 million ($202.7 million), in a signal that the city-state’s sluggish commercial property market may be picking up.

CapitaLand Commercial Trust (CCT), a real estate investment trust managed… Read More>>

Lin Zhong CIFI

Henderson Land Teams Up with Shanghai’s CIFI for $662M in Suzhou Projects

2017/07/04 by Greg Isaacson Leave a Comment

The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong’s biggest developers, along with its mainland partner, may be hoping that the Chinese commercial centre’s sky high real estate… Read More>>

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