Asia Pacific real estate investment news and information
Unit holders in ARA Asset Management-controlled Prosperity REIT overwhelmingly rejected the trust’s proposed HK$1.9 billion acquisition of an office building in Hong Kong this week, according to a statement by the trust to the Hong Kong stock exchange.
The proposed… Read More>>
Colliers International has stepped up its market-tracking efforts in Singapore, bringing on board former Barclays Bank executive Tricia Song to head its research team.
The move means that the real estate service provider will be splitting its consulting and research… Read More>>
Mainland conglomerate HNA Group is investing more than $137 million to acquire 10 Seattle area golf courses, according to a statement filed yesterday with the Hong Kong stock exchange. The acquisition adds to an October total of nearly $11 billion… Read More>>
After mainland property prices rose for a 17th straight month in September, an increasing number of analysts are concluding that China is in danger of suffering a housing bubble. The sharp increase in housing prices that saw once catatonic markets… Read More>>
One of China’s biggest investors in US real estate may also be its leading trader in North Korean minerals, according to reports last week on Radio Free Asia, citing North Korean sources within China.
Wanxiang Group is the largest importer… Read More>>
Nearly two dozen people were killed when a row of ramshackle houses collapsed in the eastern China city of Wenzhou on Monday. State-run media described the casualties as primarily being migrant workers occupying substandard buildings in the prosperous trading and… Read More>>
Brookfield Asset Management continues to bet on India’s property sector as the Canadian investment firm has reportedly agreed to pay Rs 67 billion ($1 billion) to buy 4.5 million square feet (418,000 square metres) of prime commercial space from a… Read More>>
TH Real Estate has concluded the purchase of a commercial building in Tokyo’s Ginza district for $82 million, as the UK-based real estate investment house makes its first foray into Japan.
TH, which was formerly known as TIAA-Henderson Real Estate,… Read More>>
Hong Kong real estate investment house Pamfleet has landed its first deal in mainland China, signing an agreement with Hong Kong-listed Deson Development International last week for a RMB 82 million ($12.26 million) joint venture residential project, according to a… Read More>>
Maybe billionaire Hong Kong developer Lui Che-Woo wasn’t being a sore loser when he bemoaned the fact that his K Wah International seemed unable to win a land sale in its home market this year.
In their continued search for… Read More>>
