Australian industrial developer Goodman Group has sold a portfolio of seven Chinese logistics assets to the real estate private equity arm of China Everbright Limited. While no financial terms were disclosed, the deal for around nine percent of Goodman’s total… Read More>>
JLL Leads $3.8M Funding Round in Proptech Startup Foyr
Global real estate consultancy JLL is taking another bet on proptech innovation by leading a $3.8 million Series A funding for 3D visualisation startup Foyr.
JLL is joined by other individual and non-institutional investors for the funding round in the… Read More>>
Asia Real Estate People in the News 2018-01-15
Leading this week’s roundup of job changes, a legal industry veteran has taken on a real estate-focussed role at a British law firm that is ramping up its presence in Asia, while a Singaporean property group has announced a burst… Read More>>
BlackRock Buys Pair of Shanghai Office Buildings From PGIM for RMB 1.2B
PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, an office property in Shanghai’s Putuo District to Blackrock according to JLL which advised PGIM on the disposal.
The US alternative investment giant… Read More>>
Asia Real Estate People in the News 2018-01-08
Asia’s property industry is heading into the second week of January with a blizzard of job changes. Today’s roundup of people moves includes a real estate executive joining a Singapore-based realty firm, and a property investment veteran taking a new… Read More>>
JLL Names CK Lau Head of Valuations for Asia in Reshuffle
JLL announced personnel changes to its Greater China valuation business on the first day of 2018, in a bid to better serve the needs of clients and the firm, the property consultancy said in a press release. The change comes… Read More>>
Mainland Demand Drove Hong Kong Office Rents Still Higher in November
Grade A office rents in Hong Kong’s Central district continued to rise in November, edging upwards by 0.3 percent compared to the previous month, despite a slight increase in vacancy in the city’s prime business district, according to a recently… Read More>>
Chen Hsong Buys London Building for £33.1M and More Hong Kong Real Estate Headlines
A six decade old Hong Kong company is shaping a new future in London, after branching out from injection molds. Also in the news, Wong Chuk Hang continues to be a hot spot after the opening of the South Island… Read More>>
WeWork Leases 10-Storey Tower in Shanghai for Biggest-Ever Co-Working Centre
US co-working giant WeWork has leased an entire grade A office building in downtown Shanghai, where the $20 billion startup will open its largest-ever shared office centre.
The take-up of the 27,000 square metre tower in the China Overseas International… Read More>>
Asia Real Estate People in the News 2017-12-04
In this week’s edition of People in the News, a Chinese-linked US real estate investment platform is losing its CEO, while an investment and asset management pro has left Shanghai to try her hand in New York’s real estate scene…. Read More>>
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