Asia Pacific real estate investment news and information
CapitaLand said shareholders on Tuesday voted “overwhelmingly” in favour of a $15.9 billion plan to privatise the Singapore property giant’s development operation and spin off its fund management business.
More than 3,400 CapitaLand shareholders voted by proxy at an extraordinary… Read More>>
The family of late “Shop King” Tang Shing-bor has sold a second New Territories industrial asset to China Resources Group, as the cash crisis of one of Hong Kong’s most active real estate investors creates an opportunity for the mainland… Read More>>
Flexible office provider IWG and retail and office landlord Hysan Development will form a joint venture with the exclusive right to operate all IWG brands in Hong Kong and throughout the Greater Bay Area, the companies announced Monday.
The JV… Read More>>
Commercial real estate brokerage Cushman & Wakefield posted second-quarter revenue of $2.2 billion, a 29 percent surge from the same three months in 2020, with the company releasing the results at a conference where it also revealed an upcoming top… Read More>>
SEA Logistic Partners, a joint venture backed by warehouse giant GLP, has broken ground on a set of sheds in the northern Vietnamese port city of Haiphong, marking SLP’s first logistics development in the rapidly industrialising nation and in Southeast… Read More>>
Owners of a strata-title office tower in Singapore’s Tanjong Pagar area have agreed to put their 50-storey property on the market in a move that could lead to the city’s largest collective sale ever and provide the latest sign of… Read More>>
CK Asset Holdings, the listed developer controlled by Hong Kong’s richest man, Li Ka-shing, reported strong earnings growth for the first half of 2021, with profit attributable to shareholders leaping 30.8 percent compared with the COVID-hit year-earlier period to reach… Read More>>
In the wake of Wednesday’s report that Shui On Land had picked two banking giants to lead the IPO of its Xintiandi unit, the Shanghai-based property firm looks set to fulfil a listing plan first proposed when Barack Obama and… Read More>>
Global property consultancy CBRE has beefed up its service offerings with a string of recent deals, including the planned acquisition of a 60 percent stake in UK-based project management specialist Turner & Townsend.
In the all-cash transaction, CBRE will pay… Read More>>
Despite the improving pandemic situation and rising property sales in Hong Kong, interest in buying homes fell by three percentage points to 14 percent in the second quarter of 2021, according to a Citibank survey on residential property ownership.
In… Read More>>
