Defaults, sheds and empty Japanese office buildings lead today’s collection of real estate headlines from around Asia as we finish off the first week of October. At the top of our list is a struggling Jiangsu developer that just can’t… Read More>>
Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office space for Kowloon’s more budget-friendly shores, according to local media reports.
The US-based insurer is set to become neighbours with HSBC… Read More>>
Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based Zhongrong Holdings Group for its Mapletree Bay Point office building in Hong Kong’s Kowloon East area, according to market sources familiar with the negotiations who… Read More>>
Singapore private equity firm Mapletree Investments is said to be putting a HK$9 billion ($1.15 billion) office tower in Kowloon East on the market as Hong Kong’s world-leading office rents continue to provide profit opportunities for institutional investors.
The Temasek… Read More>>
While the words Korea and Singapore have dominated the news headlines this week, some of the world’s biggest real estate investors are focusing their gaze on the suddenly less exciting South Korea, where chances of a meaningful sale and purchase… Read More>>
CapitaLand again led an annual ranking of Asia Pacific’s largest property fund managers, as the Singapore firm built a war chest of $61.3 billion of assets under management (AUM) in 2017, according to a recent survey by the Hong Kong-based… Read More>>
Leading today’s roundup, Singapore’s largest property firm CapitaLand may be getting into the business park business in eastern China, after signing agreements to explore building a high-tech park in Ningbo along with a township development in Jiaxing. Another Singaporean giant… Read More>>
Leading today’s roundup of real estate job changes, an agency alum has taken a top job at a Warburg Pincus-backed industrial developer in Vietnam, and an urban design veteran is moving to China’s Tianjin to work for AECOM. Singapore’s Mapletree… Read More>>
Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for HK$610 million ($78 million) and will now fully own the strata-titled distribution facility in the residential and industrial district of Hong Kong’s… Read More>>
Leading today’s Hong Kong news roundup, the owner of apparel brands Nautica, Timberland and The North Face may soon be neighbours with WeWork after signing a major lease in Mapletree’s new office tower in Kwun Tong. Also in the headlines,… Read More>>