Chinese video-sharing service TikTok agreed to lease 4,800 square metres (51,667 square feet) in the tallest office tower in Sydney during the first quarter of 2022, as tenants across Australia upgrade to premium spaces amid a struggle to attract staff… Read More>>
In today’s roundup of regional news headlines, Singapore-listed ARA US Hospitality Trust acquires a pair of North Carolina hotels, sovereign wealth fund GIC awaits a windfall of foreign currency reserves after a rule change, and Google is buying a London… Read More>>
In today’s roundup of regional news headlines, a Hong Kong property agency takes legal action against China Evergrande over unpaid commissions, Singapore’s CapitaLand teams up with Japan’s Mitsubishi Estate on a business park west of Shanghai, and New World Development… Read More>>
Canada’s biggest pension fund manager is broadening its Japan real estate strategy with a JPY 19 billion ($170 million) capital commitment to a joint venture with property giant Mitsubishi Estate to invest in commercial and residential assets in Asia’s second-largest… Read More>>
Canada’s Oxford Properties and its Australian operating partner Investa have welcomed Japanese property giant Mitsubishi Estate into a joint venture to develop a premium office building in downtown Sydney.
The 39-storey office building and retail precinct, known as Parkline Place,… Read More>>
Less than four years after the disposal of its embassy site in Bangkok, the UK Foreign Office continues to pare back its real estate footprint in Asia, announcing Thursday that it had agreed to sell a section of the British… Read More>>
In today’s roundup of regional news headlines, contagion fears abound as China Evergrande’s liquidity crisis puts pressure on bonds issued by other mainland and the cash-strapped developer reveals that executives made early redemptions of some of the group’s investment… Read More>>
ACR Asset Management has reeled in one of Japan’s biggest developers, Mitsubishi Estate, to invest in a building in Beijing’s Zhongguancun area recently acquired by the GLP-backed real estate fund manager.
ACR, founded by former Cushman & Wakefield greater China… Read More>>
In today’s roundup of regional news headlines, Australia’s Lendlease enters a joint venture for a Sydney residential tower even as the group’s new CEO warns on earnings, while in Hong Kong a New Territories residential site goes for a higher-than-expected… Read More>>
A pair of Asian funds targeting US properties lead today’s collection of real estate headlines from around the region as Mitsubishi Estate hopes to cash in on the US capital region’s thirst for data and Korea’s Mirae Asset aims for… Read More>>