An estimated $47 billion worth of housing projects in India are experiencing delays of from two to eight years, according to a report published yesterday by a property research firm. In total, 600 million square feet (56 million square metres)… Read More>>
CLSA Puts Robinson 77 Office Tower on the Market for S$725M in Singapore
Robinson 77 is on the market for S$725 million ($530 million), less than two years after a CLSA fund bought the property for S$530.8 and just over a decade after another CLSA investment vehicle bought and resold the building within… Read More>>
HK Grabbed 80% of China’s Outbound Deals in Q2 and More Asia Real Estate Headlines
China has clear rules on shipping capital outside of the mainland market but one of the great mysteries of the country’s outbound investment drama is how these rules don’t seem to apply to neighbouring Hong Kong, as witnessed in a… Read More>>
KKR Said Investing $262M in Trio of Mumbai Real Estate Deals
Private equity firm KKR is expanding its real estate investment in India by putting 18 billion Indian rupees (about $262 million) into three projects across greater Mumbai, according to the Economic Times. The firm is said to be investing about… Read More>>
JLL Hires Google Guy Vinay Goel as Chief Digital Product Officer
JLL announced today that it has brought on board former Google executive Vinay Goel to serve as its first Chief Digital Product Officer, as the international property consultancy continues to bet on the online future of real estate.
The hire… Read More>>
Australia Bids to Be Top Destination for Chinese Property Investors Sponsored Feature
Australia is closing in on the United States to become the primary destination for Chinese offshore capital as domestic regulation forces Chinese investors diversify their strategies.
Australia is the second largest recipient of Chinese overseas capital after the United States,… Read More>>
Asia Real Estate People in the News 2018-07-16
Among the hordes of vacationers headed out on summer holidays, there are a number of real estate professionals finding their way to new professional locations instead of heading to the beach. This week we have a former Blackstone executive flying… Read More>>
Asia Leads the World with 36% Annual Growth in Co-Working Supply
While New York-based quest for a $40 billion valuation in its next upcoming financing round has focused global attention on co-working, the greatest growth for the shared office sector is coming from Asia, where the supply of flexible-term offices providing… Read More>>
Asia Real Estate People in the News 2018-07-02
The job market for Asia’s real estate professionals remains hot as we enter July with an Ascendas-Singbridge veteran finding a new role with a local developer and a long-time Cushman executive finding a new place in a competitor’s flexible office…. Read More>>
Lendlease, JLL Launch Proptech Bootcamp Aimed at $16T Asian Market
Global real estate consultancy JLL has teamed up with Australian developer Lendlease to launch Propell Asia, a Singapore-based startup accelerator designed to foster innovative technologies in the Asia Pacific property sector.
The proptech accelerator will select five early stage startups… Read More>>
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