Singapore developer Centurion announces its application for an SGX-listed REIT, with that story leading today’s headline roundup. In other news, Blackstone wins approval to buy a 40 percent stake in an Indian homebuilder and property tycoon Ong Beng Seng prepares… Read More>>
China Resources to Raise Up to $1B in Hong Kong IPO and More Asia Real Estate Headlines
A real estate unit of China Resources plans to raise up to $1 billion in a Hong Kong IPO, with that story leading our roundup of real estate headlines from around the region. Also in the news, the… Read More>>
Moody’s Cuts Ping An Property Arm to Junk and More Asia Real Estate Headlines
The continuing decay in China’s real estate sector leads today’s collection of headlines from around the region, with Moody’s downgrading one of the country’s largest developers to junk. Also making the list today, PGIM launches a tech-powered investment platform and… Read More>>
China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower
Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week.
With the tower at 180 George Street in Circular Quay… Read More>>
TikTok Takes Four Floors in Sydney’s Salesforce Tower as Tech Tenants Expand
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>>
Asia Real Estate People in the News 2021-08-30
New leadership at Australia’s Cromwell Property Group leads our collection of regional personnel moves this week as the Sydney-based fund manager continues to set a new direction after Singapore’s ARA Asset Management and Straits Trading helped form a new board… Read More>>
Ping An Said Investing in Sun Hung Kai West Kowloon Commercial Project
Less than two months after purchasing a West Kowloon project for HK$42.23 ($5.4 billion) Sun Hung Kai Properties is reported to have found a partner to join in building the largest commercial tower on the peninsula.
Ping An Real Estate… Read More>>
JLL, Swire, Ping An Launch Mainland China’s First Proptech Accelerator
Property agent JLL, developer Swire Properties and the real estate technology arm of China’s biggest insurer Ping An kicked off mainland China’s first corporate proptech accelerator programme at an official launch in Shanghai last week.
Known as UrbanLab, the initiative… Read More>>
Ping An-Landsea Green Fund Acquiring Office Assets in Shanghai’s Zhangjiang Hi-Tech Park
A joint venture between Ping An Real Estate and Landsea Green Group, the listed platform of Nanjing-based Landsea Group, has agreed to acquire an office property in Shanghai’s Zhangjiang High Tech Park, for an undisclosed sum, according to a Hong… Read More>>
Asia Real Estate People in the News 2018-09-24
Hotel and logistics professionals dominate our list of who’s secured a new job in the region, as senior level players from Intercontinental Hotels, Goodman and Ping An make an appearance, and there’s even a place for an executive formerly in… Read More>>