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Hines Opens Tsim Sha Tsui Project as First Hong Kong Rental Residential Venture

2023/03/19 by Beatrice Laforga Leave a Comment

Hines on Friday announced the official opening of its first-ever rental apartment complex in Hong Kong as the US developer continues to expand its bets on multi-family residential in Asia Pacific.

Dash on Prat, an 18-storey co-living facility in the… Read More>>

Jason Lee, AEW

AEW, Varsity, JLL and Greenberg Traurig to Join Japan Multi-Family Panel on Tuesday

2023/03/19 by Christopher Caillavet Leave a Comment

Japan accounted for more than half of sales of rental apartment markets in 2022, and a quartet of experts will share their insights into the country’s multi-family investment market during Tuesday’s session of the Mingtiandi APAC Residential Forum.

Mingtiandi founder… Read More>>

Samuel Lee - Digital Edge

Digital Edge Joins Forces With Hulic to Develop Central Tokyo Data Centre

2023/03/16 by Christopher Caillavet Leave a Comment

Singapore-based Digital Edge has entered a partnership with Japanese builder Hulic to develop a carrier-neutral data centre in downtown Tokyo, marking the platform’s seventh facility serving the capital city area.

The project, known as TYO7, will provide interconnect-focused co-location capacity… Read More>>

China rental residential panel Veronica Huang

Brookfield, LaSalle, VLinker Point to China Rental Residential Rebound – MTD TV

2023/03/16 by Beatrice Laforga Leave a Comment

China’s lifting of its stringent zero COVID regime late last year has provided a fresh spark for rental residential ventures in the country, top executives from Brookfield Asset Management, LaSalle Investment Management and VLinker said in a forum on… Read More>>

Nicholas Chua_Ho Bee Land

Singapore’s Ho Bee Land Sells Industrial Assets After Rise in Current Liabilities

2023/03/15 by Beatrice Laforga Leave a Comment

Just over a year after buying a landmark office building in London for £718 million (then $972 million), Singapore’s Ho Bee Land is selling off assets in its home market with the stock exchange having recently queried the developer over… Read More>>

Wing Tai executive director Tan Hwee Bin

Wing Tai Wins Residential Site in Singapore’s Holland Village for $57M

2023/03/15 by Christopher Caillavet Leave a Comment

Wing Tai Holdings has won a tender for the collective purchase of a residential building in Singapore’s posh Holland Village area for S$76.3 million ($56.8 million), with the developer planning to remake the site into luxury housing as the city-state’s… Read More>>

Jalan Tembusu Singapore

Singapore Releases New Residential Sites as Housing Market Stays Hot

2023/03/14 by Christopher Caillavet Leave a Comment

The Singapore government on Tuesday released two residential development sites capable of delivering a total of 1,540 private homes, as officials look to boost housing supply in a city-state reeling from runaway housing prices.

In a set of coordinated moves,… Read More>>

mtd march 14

Warburg Pincus, Weave See Asia Shifting to Rental Homes – MTD TV

2023/03/14 by Beatrice Laforga Leave a Comment

Rental housing options are catching on in Asia Pacific’s urban hubs as societies rethink home ownership and governments encourage build-to-rent strategies in the face of unaffordable residential prices, according to top executives from Warburg Pincus and rental housing startup Weave… Read More>>

Lin Zhong, chairman of CIFI Holdings (Group); portrait photo taken in his office at One Pacific Place, Admiralty.

CIFI Looks to Sell Shanghai Headquarters, Warns of $2B Full-Year Loss

2023/03/13 by Christopher Caillavet Leave a Comment

CIFI Holdings is shopping some of its most high-profile real estate assets in its Shanghai hometown, including its headquarters building held with joint venture partner Henderson Land, as the cash-strapped builder warns of a multibillion-dollar loss in its full-year financial… Read More>>

Jingrui co-chairman Yan Hao

Jingrui Selling Shanghai Commercial Building to China Construction Bank for $19M

2023/03/13 by Christopher Caillavet Leave a Comment

Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction Bank for RMB 132.4 million ($19.2 million), as the mainland developer continues to unload assets after a recent default on offshore debt.

Jingrui… Read More>>

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