Asia Pacific real estate investment news and information
Credit ratings agency Moody’s Investors Service this week has downgraded its outlook for Hong Kong-listed developer Wuzhou International Holdings Limited as it predicted that the Jiangsu-based industrial specialist would default on $300 million in offshore bonds.
The downgrade comes after… Read More>>
Allianz has acquired its first Beijing office building as the German financial giant works to substantially boost its China holdings.
The company’s real estate investment division, Allianz Real Estate, purchased ZLink, a business park complex in the city’s Zhongguancun high… Read More>>
Hong Kong developers Henderson Land and Lai Sun have reached an agreement to sell 8 Observatory Road, a vertical retail building in Hong Kong’s Tsim Sha Tsui area for HK$4.1 billion ($522 million), according to market sources who spoke with… Read More>>
The challenges of finding a new home in Hong Kong may be too much even for top property fund managers as Savills Investment Management’s chairman and chief executive Justin O’Connor announced his resignation yesterday, just one month before he was… Read More>>
In a joint effort with a pair of state-owned mainland partners, Xintiandi developer Shui On Land has won a government tender for a 78,256 square metre (842,340 square foot) prime commercial site near Shanghai’s Huaihai Lu with a bid of… Read More>>
A unit of HNA Group has agreed to sell a set of five Singapore warehouses to Mapletree Logistics Trust for S$730 million ($535 million) less than seven months after acquiring the assets, according to an announcement by Mapletree on July 5th.
Singapore’s Hong Leong Holdings has set a new record for purchases of government land sites in western Singapore after the privately held property arm of Hong Leong investments agreed to pay S$460 million ($338 million) for a plot in the… Read More>>
HNA founder and co-chairman Wang Jian died suddenly in a reported accident this week at age 57, according to an announcement today by the troubled Chinese conglomerate.
“He stood on the edge of a sharp drop to get his family… Read More>>
Gaw Capital Partners continues to be in buy mode this week as the Hong Kong-based investment manager has headed south to Melbourne, Australia to pick up a hospitality and office complex for A$157 million ($115 million)
The family run real… Read More>>
CapitaLand Commercial Trust (CCT) has chalked up Singapore’s biggest office transaction of the year by agreeing to sell Twenty Anson, a 20-storey office building in the Tanjong Pagar neighbourhood, for a total of S$516 million ($379 million).
The Singapore-listed trust,… Read More>>
