After contracting by more than 420,000 square feet (39,000 square metres) in the first half of 2023, Hong Kong’s office market may be about to see its biggest lease of the year, with ICBC said to be preparing to sign… Read More>>
APAC Real Estate Investment Drops 40% as South Korea Office Deals Defy Downturn
Investment in income-producing properties in Asia Pacific fell 40 percent year-on-year to $31.7 billion in the second quarter of 2023, weighed down by China’s economic slump and a lack of big-ticket office deals, according to MSCI Real Assets.
Office acquisitions… Read More>>
Singapore Home Sales Surge Five-Fold as Developers Launch More Projects
Sales of new private homes in Singapore jumped by 408 percent to 1,412 units in July from just 278 condos sold in June after developers launched 2,500 new homes during the month.
The latest figure, which excludes subsidised housing and… Read More>>
Evergrande Sells $500M Stake in Electric Car Unit to Little-Known Startup
China Evergrande Group has struck a deal to sell a 27.5 percent stake in China Evergrande New Energy Vehicle to a little-known, Chinese-controlled car maker based in the United Arab Emirates for $500 million, as the electric car unit of… Read More>>
Receivers Launch Tender for Shenzhen Billionaire’s $269M Pad on Hong Kong’s Peak
A Shenzhen tycoon’s trophy case may soon be stripped bare as receivers for the creditors of Cheung Kei Group chairman Chen Hongtian on Monday launched a tender for his former mansion on Hong Kong’s Victoria Peak.
Savills formally kicked off… Read More>>
Country Garden Shares Hit All-Time Low After Developer Halts Onshore Bond Trading
Country Garden Real Estate Group has shown signs of deeper financial challenges as the company halted trading of 11 onshore bonds beginning Monday, prompting investors to drive its shares to their lowest level since the company’s 2007 IPO.
Ranked as… Read More>>
CapitaLand Investment Sees Profit Drop 19% in H1 as Deals Dwindle
CapitaLand Investment Ltd’s profit after tax and minority interests plunged 19 percent to S$351 million ($260 million) in the first half of the year from S$433 million a year ago as a slow market for asset trades translated into smaller… Read More>>
CDL, UOL Report First-Half Profit Drops as Investment Gains Dry Up
City Developments Ltd and UOL Group posted first-half profit declines as a lack of large investment gains hit the bottom line at the Singapore-listed builders.
At CDL, net profit after tax and non-controlling interest plunged to S$66.5 million ($49 million)… Read More>>
Swire, Henderson Close in on $806M Residential Project in Hong Kong’s Quarry Bay
Henderson Land and Swire Properties have moved a step closer to redeveloping a site in Hong Kong’s Quarry Bay with a joint venture between the two property heavyweights recently winning approval for an auction which would pave the way for… Read More>>
CapitaLand Sets Up Second India Business Park Fund, Hits $273M in First Closing
CapitaLand Investment (CLI) has raised S$368 million ($273.1 million) in a first closing for its second India business park development strategy as the Singapore property giant expands its private funds business in the world’s largest country.
CLI on Thursday announced… Read More>>
- « Previous Page
- 1
- …
- 133
- 134
- 135
- 136
- 137
- …
- 429
- Next Page »