Asia Pacific real estate investment news and information
China’s 28th-largest developer is borrowing money at credit card interest rates as it struggles with declining sales and $1.16 billion in bond obligations due in the second half of this year.
Guangzhou-based Agile Group informed the Hong Kong exchange late… Read More>>
Frasers Logistics & Commercial Trust has agreed to acquire a logistics project in northwestern England for £101 million ($124 million), marking the Singapore-listed REIT’s fourth industrial investment in the UK.
FLCT is buying the property at Ellesmere Port in the… Read More>>
A joint venture of Logos and Sime Darby Property has achieved a first closing of its investment vehicle targeting development of logistics assets in Malaysia after securing 70 percent in capital commitments for a fund size of up to $250… Read More>>
A joint venture led by developer Boustead Projects has agreed to acquire a mixed-use building near Singapore’s swanky Orchard Road for S$515 million ($371 million), taking advantage of a distressed-asset sale to pick up a prime property at a discount.
Country Garden Holdings Co says its downgrade to junk by a major credit agency won’t impact its debt-servicing ability and financing capability. In a separate announcement on Thursday the company announced progress on an early redemption of an offshore bond… Read More>>
Defaulting developer China Aoyuan has agreed to offload a large chunk of its Australia division to an entity controlled by one of the subsidiary’s executives, as the Guangzhou-based group joins the flow of Chinese companies exiting investments Down Under.
Aoyuan… Read More>>
A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its purchase of a shopping complex in the New Territories from mainland investor Hugo Lam Chi-fung for a record… Read More>>
Kingboard Holdings has struck a deal to buy a central London commercial building for £293.6 million ($360 million), snapping a four-and-a-half-year pause in UK acquisitions for the Hong Kong-based laminates maker and property investor.
The 16-storey building, called 2 London… Read More>>
Hong Kong’s CK Asset Holdings could be on its way to turning the Harbour Plaza Resort City hotel in the New Territories into a HK$14 billion ($1.78 billion) housing and retail project, having on 7 June submitted an application to… Read More>>
Swire Properties is expanding its holdings near its Pacific Place complex on Hong Kong island, having bested 20 competing bids to secure a residential site in the city’s Wan Chai area through a government tender for HK$1.96 billion ($249.9 million),… Read More>>
