Asia Pacific real estate investment news and information
The Hong Kong property investment market’s status as a deal desert was confirmed on Wednesday with the appearance of what seems to be a 33-storey mirage.
Property consultancy Savills has prepared a marketing document promoting Three Exchange Square in the… Read More>>
Country Garden Holdings has missed interest payments on a pair of offshore bonds, pushing China’s largest developer by sales closer to formal default and raising the spectre of a fresh round of failures in the mainland’s property industry.
The Foshan-based… Read More>>
China’s Dalian Wanda Group is facing a new challenge this week as a senior vice president with the country’s largest commercial developer has been taken away by police in what is said to be a corruption case.
Sources at Wanda… Read More>>
PAG Real Assets on Tuesday confirmed its $1.8 billion final closing on its PAG Real Estate Partners Fund III (PREP III), with the real estate and digital infrastructure division of one of the region’s largest private equity firms declaring a… Read More>>
PAG has acquired an office tower in central Sydney for A$393.1 million ($257.8 million), with the Asian private equity major taking advantage of a downturn in the Aussie market to pick up the property at a discount.
The Hong Kong… Read More>>
The price for a developer to maintain occupancy in a prime office property in Hong Kong’s declining market might just be a 12 percent rent cut, according to operating statistics released by one of the city’s top commercial landlords late… Read More>>
With the country’s largest developers fighting to stave off a fresh round of defaults, China’s central bank chief huddled with representatives from several private builders late last week to assure them that help is on the way.
In a meeting… Read More>>
Goldman Sachs has appointed a new top executive for its real estate investment management business in Asia Pacific, a company representative confirmed to Mingtiandi on Thursday, as the investment banking giant reorganises leadership in the division globally.
Nikhil Reddy, who… Read More>>
The Urban Land Institute has named new leadership for its Asia Pacific operation with the industry non-profit on Wednesday announcing Alan Beebe as its chief executive officer for the region.
Beebe, who had served until early last year as president… Read More>>
Two years after buying an industrial asset in Hong Kong’s Kwai Chung district as its first major acquisition in the city, ESR has secured a HK$1.6 billion ($205 million) sustainability-linked loan to finance conversion of the former cold storage facility… Read More>>
