Knight Frank and Savills have been appointed to jointly advise on the sale of their client’s interest in Menara Citibank, located in the heart of Kuala Lumpur’s business district and just a few hundred metres from the iconic Petronas Twin… Read More>>
Singapore’s Oxley Selling Kuala Lumpur Office Project to Alliance Bank For $86M
Oxley Holdings is selling an office tower in Kuala Lumpur to Alliance Bank Malaysia for MYR 406 million ($86 million) as the Singapore developer fights sliding revenue and higher debt costs.
Oxley has agreed to sell the Grade A office… Read More>>
EdgeConneX Enters Malaysian Data Centre Market with 300MW Project Pipeline
Data centre platform EdgeConneX on Monday announced its entry into Malaysia with a plan to develop 300 megawatts of capacity across three locations.
EdgeConneX, a hyperscale specialist backed by Swedish private equity firm EQT, aims to build facilities in the… Read More>>
CK Asset Says Hong Kong Home Prices Could Drop 20% and More Asia Real Estate Headlines
Hong Kong’s second-largest developer just added an extra shot of uncertainty to the new year by predicting that housing prices could drop by a fifth this year as we make our daily survey of real estate news in the region,… Read More>>
Chinese Builder Gets Greenlight for 2nd Melbourne Tower and More Asia Real Estate Headlines
Leading today’s roundup, low-profile Chinese developer Holder East has won approval for the design of a 208-unit residential tower in Melbourne, less than a week after getting the green light for another high-rise apartment building in the same city. Also… Read More>>
WeWork Rolls into Japan With 3 Tokyo Centres and More Asia Real Estate Headlines
At the top of the news today, Asia’s co-working competition continues to heat up with New York’s WeWork hoping to make it big in Japan. Expansion is proving a bit tougher for Guangzhou-based Country Garden, which has become the latest… Read More>>
Shanghai and Beijing Ranked as More Expensive Than Hong Kong
The cost of living in China’s major cities is now higher than in Hong Kong or Singapore, according to a survey of expatriate cost of living published this week by a global human resources consultancy.
The survey by ECA International… Read More>>
China Vanke Q3 net profit up 18% from year earlier – and more of Today’s China Real Estate Links | October 31, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
China Vanke Co Ltd, the country’s largest real estate developer… Read More>>