In today’s review of real estate news from around the region, Amazon Australia commits more than A$750 million to build Queensland’s first robotics fulfilment centre, Mapletree breaks ground on a warehouse near Kyoto’s city centre, and Hong Kong authorities raid… Read More>>
Korea Deal Streak Continues as Hanwha Sells Gangnam Office Building for $242M
Korea’s Hanwha Asset Management has sold an office tower in Seoul’s Gangnam business district for $242 million as the Korean capital continues to rank among Asia’s regional hotspots for commercial property transactions.
The Seoul-based investment manager agreed last month to… Read More>>
China Aoyuan Unloads Zhuhai Project Stake and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, developer China Aoyuan sells its controlling stake in a Zhuhai project as mainland-listed builders report their worst earnings in at least seven years.
Aoyuan Completes Disposal of 60% Stake in… Read More>>
China’s PBOC Cuts Rates as Economy Staggers and More Asia Real Estate Headlines
Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank moving quickly to cut rates at same time that JP Morgan analysts are predicting more gloom for developers.
Also in the news, an SGX-listed… Read More>>
Frasers Property in Talks for Sale of SG’s Frasers Tower and More Asia Real Estate Headlines
A mysterious suitor, or group of suitors leads Asia’s real estate headlines today as they kick the tires on Frasers Tower in Singapore’s Tanjong Pagar area.
The Lion City also figures into the sale of a 3.8 percent stake in… Read More>>
Singapore’s Ho Bee Land Buys London Office Block for £650M
Singapore’s Ho Bee Land has agreed to acquire a property in London that increases its already sizeable holdings in the European financial capital by about 50 percent.
The £650 million ($864 million) acquisition of Ropemaker Place, a 21-storey office building,… Read More>>