Asia Pacific real estate investment news and information
Singapore’s Fragrance Group has purchased a Holiday Inn hotel in west London from British real estate fund manager Queensgate Investments for an undisclosed sum, as the privately held builder continues to expand its hotel portfolio.
The property developer controlled by… Read More>>
Just three months after winning a Kowloon Tong residential site for HK$1.6 billion, Hong Kong-listed Lai Sun Development continues to focus on the city’s quickening luxury market, with its acquisition of a pair of adjacent properties in the Mid-Levels area… Read More>>
The Singapore government is lifting a 2019 moratorium on new data centre construction and will once again allow construction of new server facilities within its borders, provided that they meet criteria for energy efficiency, according to a statement on Tuesday.
US developer and investment firm Hines has made its first acquisition in the Singapore market, teaming up with German fund manager DWS Group to buy a ramp-up workshop in the Bukit Batok area from a Blackstone-controlled trust for S$93.8 million… Read More>>
A second-half plunge knocked China Evergrande from its perch as China’s top developer by contracted sales in 2021, enabling rival Country Garden Holdings to seize the No.1 spot despite a lacklustre performance.
Shenzhen-based Evergrande, the world’s most indebted developer, had… Read More>>
Hong Kong-listed developer Kerry Properties on Tuesday revealed details of a supersized mixed-use project in Shanghai’s central Huangpu district after acquiring the land use rights to a set of four development plots for RMB 13.3 billion ($2.1 billion).
Kerry, which… Read More>>
China Evergrande Group on Tuesday confirmed earlier accounts that Hainan officials had ordered the debt-saddled developer to demolish several dozen buildings at its Ocean Flower Island resort megaproject in the province.
In a filing with the Hong Kong stock exchange,… Read More>>
A Hong Kong hedge fund led by a professional poker player sees China Aoyuan Group as a busted flush, and Nine Masts Capital has joined Citibank in taking legal action to recoup more than $131 million owed to them by… Read More>>
Neil Bush is selling his minority stake in a Singapore property developer controlled by a long-time business partner and Bush family booster, according to a filing with the Singapore Exchange, with the younger brother of former US President George W… Read More>>
A residential development site in Hong Kong’s exclusive Repulse Bay area will go up for sale in a public tender opening on 31 December, the government announced late last week.
The land parcel on South Bay Road, known as Rural… Read More>>
