Asia real estate and outbound investment news
Chinese financial conglomerate CITIC Group has inaugurated Beijing’s tallest skyscraper, formally known as the CITIC Tower, eight years after breaking ground.
At 528 metres (1,732 feet) tall, and commonly known as China Zun, the skyscraper rises above its closest rival… Read More>>
Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox (KPF) Associates to begin construction on Westlake 66, a 194,100 square metre commercial development in Hangzhou’s Xiacheng district.
The project, which broke ground… Read More>>
Typhoons are out of season, but its stories about dark clouds that lead today’s real estate headlines from around Asia, as one of Hong Kong’s biggest landlords now says he is demanding deposits of up to six months for some… Read More>>
The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out Zaha Hadid Architects’ Generali Tower in Milan and 150 North Riverside Plaza in Chicago.
The tapered 555-metre, 123-storey glass and… Read More>>
Global architecture firms Kohn Pedersen Fox Associates (KPF) and Heatherwick Studio have won a bid to design the next major extension for Singapore’s Changi Airport, the sixth-busiest air hub in the world.
The two firms along with Singapore’s Architects 61… Read More>>
Leading today’s roundup, distressed Chinese conglomerate HNA Group may get some mileage out of its new friendship with Temasek Holdings, as the Singaporean investment firm is said to be pondering deals for HNA-owned Swissport Group and Gategroup. Also in… Read More>>
The Chinese investment surge in Manhattan continues, as Bank of China has been announced among the partners that will provide a $1.5 billion construction loan for a new office tower that will rise above the neighboring Empire State Building.
The… Read More>>
The latest high-end retail offering from Hong Kong developer Hang Lung is preparing to launch in Tianjin this year, adding an award-winning design and 152,000 square metres of new space to one of China’s most overbuilt cities.
The Kohn Pedersen… Read More>>
