Asia Pacific real estate investment news and information
Developers sold 391 homes in Singapore last month, more than doubling the 170 units transacted in December but still lower than the January 2022 total, according to data from the Urban Redevelopment Authority.
Sales of new private homes (excluding executive… Read More>>
China Fortune Land Development has become the latest mainland builder to suffer from an acute case of director disappearance after the former top 10 developer said it received notice that Meng Jing, a CFLD director and co-president, was detained by… Read More>>
The Hong Kong government is defending its right to require bidders in land auctions to meet undefined national security criteria, with the city’s chief executive insisting the policy “has no relevance at all” to developers’ bidding decisions.
John Lee’s comments… Read More>>
Hong Kong’s MTR Corporation has ended a tender for a HK$10 billion ($1.27 billion) project in northern Lantau island without finding a buyer after the three bids received for the commercial and residential site fell short of the government-backed transport… Read More>>
Singapore-listed LHN Group continues to add properties to its rental residential portfolio with a deal to purchase a commercial block in the city-state’s Rochor district for S$80 million ($60.1 million), which was revealed in a regulatory filing on Friday.
LHN’s… Read More>>
The vice chairman of Hong Kong-listed Seazen Group, one of China’s largest homebuilders, has gone missing, with mainland news sources reporting that the executive is cooperating with authorities on an investigation into Dalian Wanda Group, where he previously held top… Read More>>
Canada’s Ivanhoe Cambridge is upping its bets on India’s commercial real estate sector with the announcement today of a partnership with Singapore’s Mapletree Investments to develop, acquire and operate workplaces for the country’s burgeoning tech sector.
Ivanhoe Cambridge, the real… Read More>>
Hong Kong’s Link REIT on Friday proposed a rights issue to raise HK$18.8 billion ($2.4 billion) to pay down debt in the face of rising interest rates and fund acquisition of additional assets.
Asia’s biggest listed property trust will issue… Read More>>
Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week.
With the tower at 180 George Street in Circular Quay… Read More>>
A former head of Quebec’s Ivanhoe Cambridge has moved one province west to take on the role of executive chair with Oxford Properties, the real estate investment division of OMERS, the largest pension fund manager in Ontario.
Daniel Fournier, who… Read More>>
