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martin Lee henderson

Hong Kong Office Market Contracted Again in July as Pandemic Struggles Continued

2021/08/19 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market continued to struggle last month with the amount of space leased by tenants falling once again, as business confidence proves slow to return to the Asian financial hub.

July saw Hong Kong’s office market… Read More>>

paul mcgarry Goodman

Goodman to Acquire Greater Tokyo Site for Multi-Storey Logistics Facility

2021/08/19 by Christopher Caillavet Leave a Comment

Goodman has agreed to buy a logistics development site in Japan’s Ibaraki prefecture, snapping a quiet period for the Sydney-based warehouse specialist.

Breaking ground in late 2021, the developer plans to build a five-storey logistics and distribution facility with 176,000… Read More>>

Werner von Guionneau - infrared

ARA UK Affiliate to Buy InfraRed’s European Real Estate Business

2021/08/18 by Christopher Caillavet Leave a Comment

A London-based unit of Singapore’s ARA Asset Management plans to acquire InfraRed Capital Partners’ European real estate investment management business for an undisclosed amount.

Once completed, the purchase of InfraRed Real Estate, which has $1.4 billion in equity under management,… Read More>>

Hui Wing Mau

Shimao Opens 76th-Floor Flexible Office Outlet in Hong Kong’s The Center

2021/08/18 by Pawara Laothamatas Leave a Comment

Just under four years after its chairman joined a consortium that purchased one of Hong Kong’s tallest office buildings for $5.2 billion, Shimao Holdings has opened a floor in The Center as a serviced office space, according to local news… Read More>>

VIctor Li Ck Asset

CK Asset Wins Tender for New Territories Housing Site With $91.8M Bid

2021/08/18 by Pawara Laothamatas Leave a Comment

CK Asset Holdings, the development flagship of billionaire Li Ka-shing’s business empire, has taken a step towards replenishing its thin project pipeline after topping 15 rival bids to secure a residential plot in the New Territories for a greater-than-expected HK$716… Read More>>

Xu Jiayin NPC

Evergrande Founder Steps Down as Chairman of Primary Mainland Unit

2021/08/17 by Christopher Caillavet Leave a Comment

Hong Kong-listed China Evergrande’s share price fell 4.3 percent Tuesday on news that the embattled developer’s chairman, Xu Jiayin, had stepped down from the chairmanship of Hengda Real Estate, the Shenzhen-based group’s main property unit in China.

Xu is no… Read More>>

Asia Real Estate Takes Aim at Net Zero: MTD TV Asia Sustainable Real Estate Forum 2021

2021/08/17 by Mingtiandi Team Leave a Comment

https://player.vimeo.com/video/587449035?h=a01115e922Video can’t be loaded because JavaScript is disabled: Mingtiandi Sustainable Real Estate Forum 2021: Sustainability Comes to Asian Real Estate (https://player.vimeo.com/video/587449035?h=a01115e922)

Some 80 percent of real estate professionals in Asia Pacific now say that sustainability is important… Read More>>

PAG Teams Up With Former Chindata Exec for APAC Data Centre Startup

2021/08/17 by Christopher Caillavet Leave a Comment

Hong Kong-based private equity firm PAG is marching into Asia’s data centre race with the launch of a digital infrastructure company led by industry veteran Kris Kumar.

The yet-unnamed company will focus on co-location, cloud, hyperscale and enterprise data centres,… Read More>>

ESR Jeffrey Shen

ESR Announces $4B China Development Fund Backed by APG, GIC

2021/08/16 by Christopher Caillavet Leave a Comment

Hong Kong-listed ESR on Monday announced the creation of a China logistics development fund with capital commitments from Dutch pension fund manager APG Asset Management and Singapore sovereign wealth fund GIC, targeting up to $4 billion in investment capacity.

The… Read More>>

Justin Gabbani Lendlease

Lendlease Launches $600M Japan Data Centre Project After Two Year Drought

2021/08/16 by Christopher Caillavet Leave a Comment

Lendlease has launched its first data centre project in Japan, with the Australian developer promising a facility among the largest in Asia’s most developed economy as it puts a two-year-old investment fund into gear.

The hyperscale data centre will occupy… Read More>>

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