Warehouses lead the real estate news today around Asia as US private equity giant Blackstone ups its bets on India’s logistics sector and a Korean institution buys the UK’s largest car distribution centre before it’s even finished. Southeast Asia’s wealthiest… Read More>>
Greenland’s Plan to Build China’s Tallest Tower in Wuhan Scaled Down by Over 20%
Greenland Wuhan Center, designed to surpass the Shanghai Tower and become China’s tallest building, will be falling short of its planned 636 metres (2086 feet) height, after the local government prescribed a 21 percent reduction in height for the central… Read More>>
China’s Hengli Buys Lloyds Bank London Office and More Asia Real Estate Headlines
Cross-border acquisitions lead the news again today as another mainland group picks up a Brexit bargain in London, and a Singaporean developer goes shopping on Tokyo’s Ginza. Back on the mainland more credit is available for rental housing projects and… Read More>>
Shanghai Tower May Be World’s Tallest White Elephant and More Asia Real Estate News
The mainland’s tallest building is proving to be one of its hardest to fill as Shanghai’s giant corkscrew gets some media attention for its leasing struggles. Also in the headlines today, nearly all of China’s new mortgages went to first-time… Read More>>
Guangzhou CTF Tower Opens as China’s Second Tallest and More Asia Real Estate Headlines
If reaching the apex of the world’s fourth tallest building is on your bucket list, then you now have another reason to visit Guangzhou, following the completion of the new 1,739 foot tall tower there. Also in the news this… Read More>>
Developers Set to Launch 5000 Hong Kong Homes in Q1 and More Asia Real Estate Headlines
Hong Kong home prices have been rising just in time for the cities developers to flood the market with 5,000 new units in the first quarter. Also in the real estate headlines today, the mainland’s real estate upswing was good… Read More>>
Glass Panel Falls Off Shanghai Tower, Tesla Driver Claims Damage
A sheet of curtain wall glass fell 76 storeys from the newly completed Shanghai Tower today, shattering to pieces on the streets of Pudong’s busy Lujiazui Financial district.
While no one was killed by the plummeting panel, which may have… Read More>>
Shanghai’s Three Lujiazui Amigos: Jinmao Tower, SWFC and the Shanghai Tower
Shanghai’s Lujiazui financial district is the center of the banking and finance business in China’s commercial capital, as well as being home to three of the country’s tallest towers.
While the skyline is dominated by the 88-storey Jinmao Tower, the… Read More>>
Surge of New Offices as 2.78M Sqm Added to China’s Downtowns
China’s major cities expect to add a record 2.78 million square metres of new office space in 2015, but the record is likely to be short-lived, as another 4.18 million square metres are predicted to come online in 2016, according… Read More>>
Eating Lunch and Snapping Selfies Atop a 346-Metre Tower in HK
After two Russians scaled the Shanghai Tower to film themselves dangling from the world’s second-tallest building, it seems to have started a new fad of climbing office towers just to show the world how tiny it looks from way,… Read More>>