In today’s roundup of regional news headlines, China presses pause on private equity funds seeking to raise money to invest in residential property developments, Australia’s Lendlease plans a restructuring to cut costs, and Hong Kong’s New World Development sees its… Read More>>
New World Breaks Ground on Huaihai Road Project in Shanghai
New World Development recently began work on its second K11 commercial project in Shanghai, breaking ground on a 17,171 square metre (184,827 square foot) site in the heart of the Middle Huaihai Road shopping district, according to a company press… Read More>>
Defective New World Condo Project in Hong Kong Leads to $850M Slide in Market Value
Buyers at one of Hong Kong’s hottest residential projects got some unsettling news late last week, as New World Development said construction defects would force the demolition and rebuilding of some parts of the company’s Pavilia Farm complex atop Tai… Read More>>
CapitaLand to Launch First RMB Fund in Q4 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s CapitaLand registers in China to prepare for its first RMB-denominated fund, a Gaw Capital-backed Chinese digital freight platform lists in New York, and a Macau casino operator fans out into nearby Zhongshan… Read More>>
Alibaba to Launch First Philippine Data Center and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Alibaba Cloud announces plans to build its first data centre in the Philippines, China Evergrande’s shares take investors on a wild ride, and Hong Kong transit operator MTR tries to ease conflict-of-interest concerns… Read More>>
CapitaLand Sets Up Sustainable Innovation Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, real estate giant CapitaLand hatches a five-year fund to boost innovation and sustainability, another Hong Kong parking spot goes for an eye-popping sum, and Singapore’s retail and office REITs outperform despite recent COVID… Read More>>
ESR Korean REIT Buys $145M Warehouse and More Asia Real Estate Headlines
Warehouses lead today’s collection of property news from around Asia, as ESR’s Korean REIT purchases a fully leased warehouse from its sponsor.
Also in the headlines, New World has sold out the latest phase of a project in the New… Read More>>
GDS Said Weighing $10B Bid for GLP Data Centres and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese cloud computing firm GDS considers buying data centre assets from logistics giant GLP, Blackstone rolls snake eyes in its bid for Australian casino operator Crown Resorts, and CDL announces support measures for… Read More>>
Asia Real Estate People in the News 2021-05-15
This week’s roundup of personnel moves at Asia’s real estate players finds top level leadership transitions at a pair of mainland real estate giants, as well as senior level changes at private equity firm Forum Partners and at property consultancy… Read More>>
India’s Embassy Group Invests in Proptech Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Indian giant Embassy Group invests in one of UK-based Pi Labs’ proptech funds, a home on Hong Kong’s Peak reportedly sets a fresh record for monthly rent, and Canadian asset manager Brookfield may… Read More>>
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