Asia Pacific real estate investment news and information
Global co-working giant WeWork is acquiring Shanghai-based naked Hub for a reported $400 million with the two parties issuing a joint statement today.
“China-born naked Hub and WeWork may come from vastly different backgrounds, but there is more that binds… Read More>>
Swire Properties is building a foothold in southern Hong Kong Island, as the blue-chip developer this week celebrated the topping out of South Island Place, its first office project in the gentrifying hub of Wong Chuk Hang.
The 28-storey, grade… Read More>>
The developer of Thailand’s tallest skyscraper is buying back its stake in Bangkok’s MahaNakhon tower from Goldman Sachs and Apollo Global Management for up to 10 billion baht ($320 million).
Local builder Pace Development, which sold the stake in the… Read More>>
In a city known for its stratospheric real estate prices, an office space smaller than a sheet of A3 paper may now cost you more than $7,600. A floor in 9 Queen’s Road Central, an office tower in Hong Kong’s… Read More>>
After failed attempts to sell Evergrande-branded cooking oil and bottled water, Chinese property tycoon Xu Jiayin has fixed on AI and quantum physics as the newest business opportunities for the country’s second-ranked home builder by contracted sales.
Xu’s Evergrande Group… Read More>>
Beijing Zhaotai Group is poised to make its first foray into the British property market, as the mainland developer is in talks to buy a prime City of London commercial building for £145 million ($204 million), according to a report.
US private equity giant Blackstone Group is building on its more than $5 billion of real estate deals in India by investing about 8 billion rupees ($123 million) in a pair of office projects in Hyderabad, according to reports. The… Read More>>
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Hong Kong’s Central has rents so high that even a $900 billion investment bank has decided to flee the city’s traditional business district. Goldman Sachs is said to be moving its back office staff to a new location three metro… Read More>>
Debt-ridden HNA Group is planning to sell a stake in hotel operator Hilton Worldwide Holdings worth as much as $6.5 billion, after the group shed shares in two Hilton spinoffs in March for $2.4 billion.
The Hainan-based group is selling… Read More>>
