Asia Pacific real estate investment news and information
CBRE announced today that it has appointed Alan Li as president of CBRE China, promoting the head of its investment services division to the top spot with the agency’s mainland team.
Stepping immediately into his new role as the company’s… Read More>>
BlackRock announced on Monday that it had appointed Geraldine Buckingham as chair and head of BlackRock Asia Pacific, effective in February 2019.
The appointment will see Buckingham, who currently serves as the asset management giant’s global head of corporate strategy,… Read More>>
China has a new entry on the list of the world’s youngest billionaires as the twenty-something daughter of Longfor Properties founder Wu Yajun just saw her personal net-worth jump by HK$56 billion ($7.17 billion).
Cai Xinyi, daughter of Wu Yajun… Read More>>
Warburg Pincus is looking beyond its equity investment ways in Asia as the global private equity major announced this week that it has brought real estate credit specialist Greg Wells into its regional team as entrepreneur-in-residence (EIR) to explore and… Read More>>
Debt-laden developer China Evergrande announced on Monday that it had sold $1 billion in senior notes due in 2020, with the new paper carrying 11 percent interest rates.
The company said that the fresh tranche of bonds, which were issued… Read More>>
A house in southern Hong Kong island was sold recently for a record-high price of HK$180,000 ($22,985) per square foot, topping the list of Hong Kong’s most expensive homes ever purchased, according to a report in the city’s Apple Daily.
American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has committed another $3 billion to the company, boosting its valuation to at least $42 billion.
Softbank is investing in WeWork through a warrant that allows… Read More>>
Singapore’s CapitaLand announced on Tuesday that its Raffles City China Investment Partners III (RCCIP III) fund has formed a 50:50 joint venture with Singapore’s sovereign wealth fund GIC to acquire the Star Harbour International Center project (上海星外滩) in Shanghai’s Hongkou… Read More>>
Hong Kong’s commercial centre of gravity may have just shifted a few MTR stops eastward as Swire Properties announced today that its latest office tower in Quarry Bay, One Taikoo Place, has now reached 100 percent occupancy.
Swire revealed that… Read More>>
Hong Kong billionaire property developer Li Ka-Shing’s CK Asset Holdings is in talks with a partner in a joint venture that owns Earls Court, a 3.4 million square foot (374,000 square meter) estate in west London to purchase a majority… Read More>>
