Asia real estate and outbound investment news
Keppel DC REIT is buying a pair of data centres in Guangdong province for RMB 1.38 billion ($210 million) from Hong Kong-listed data centre operator Neo Telemedia, expanding its footprint in one of China’s major technology hubs.
The manager of… Read More>>
Singapore-listed Keppel DC REIT has agreed to acquire its first data centre in China, a fully fitted facility in Guangdong province, for RMB 635.9 million ($98 million), as mainland assets continue to attract investors assembling regionwide server-hosting portfolios.
Situated within… Read More>>
One year after China’s State Council unveiled the outline development plan for the Greater Bay Area, a strategic growth zone combining the mainland’s Guangdong province with Hong Kong and Macau, leading property consultancy Knight Frank already sees opportunities on… Read More>>
Guangdong province is calling for the cancellation of a decades-long property pre-sale system that has played a primary role in supporting China’s real estate developers.
The provincial branch of China’s Ministry of Housing and Urban-Rural Development (MOHURD) issued a notice… Read More>>
Spring Real Estate Investment Trust has acquired its first retail asset in China as the Hong Kong-listed REIT announced late last week that it has agreed to purchase a shopping mall just north of Shenzhen for RMB 1.65 billion ($241… Read More>>
Keppel Land China has announced its RMB 2.9 billion ($440 million) sale of Keppel China Marina Holdings in Guangdong province as the unit of Temasek Holdings-backed Keppel Corp, seeks to “recycle assets” into China’s largest cities.
“The divestment is in… Read More>>
This week appears to be promotion week in Asia Pacific for one of the big commercial agencies, with a squadron of senior team members moving up a notch, and even some new faces joining. Elsewhere we have a Hong Kong… Read More>>
Chinese real estate developer Kaisa Group dug itself still deeper into default yesterday when the Hong Kong-listed company failed to make $26 million in interest payments due on offshore bonds.
The bond default is Kaisa’s second failure to meet debt… Read More>>
A Chinese property developer went to jail this week after killing three tigers, eating their flesh, and apparently storing their penises in his refrigerator.
The wealthy real estate investor from the southern province of Guangxi was only identified by his… Read More>>
While sales may be down at some of China’s luxury retail palaces, a developer of “wholesale malls” backed by one of the country’s biggest Internet companies has big plans for expansion.
Hong Kong-listed China South City Holdings, which builds and… Read More>>
