Asia Pacific real estate investment news and information
Singapore’s OUE REIT is selling a Shanghai office tower for 35 percent below its 2018 valuation as it exits mainland China’s declining property market, according to a statement on Friday.
The manager of the SGX-listed trust informed the stock exchange… Read More>>
Nearly five years after paying what was then a record RMB 31.05 billion ($4.5 billion) for a development site in Shanghai’s Xuhui district, Hongkong Land has unveiled details of an $8 billion commercial project on the plot that marks the… Read More>>
Just over three years after writing off a $1.36 billion investment in a Chongqing-based developer, Singapore’s City Developments Ltd is braving mainland China’s troubled real estate market with a joint venture project to build luxury homes, a hotel and shops… Read More>>
The Carlyle Group has sold a Shanghai office building for just over half of the price it paid to acquire the asset in 2015, as vacancy in the city’s office market continues to hover near record high levels amid… Read More>>
Singapore sovereign fund GIC has upped its bets on China retail, taking advantage of distress in the mainland market to take near-total ownership of a Shanghai mall in a deal that values the property at RMB 820 million ($115.6 million),… Read More>>
Prime office rents in Shanghai plunged 9.9 percent in the second quarter from a year prior, according to a Knight Frank report released Wednesday, as vacancy continued to hover near two-decade highs amid sluggish leasing demand and a supply overhang.
China Vanke has sold a 48 percent stake in Shanghai’s largest single-building shopping mall to partner GIC, as the cash-strapped mainland developer continues to sell off assets to ease its RMB 322 billion ($44.5 billion) debt burden.
Online corporate registry… Read More>>
A joint venture controlled by New York’s Rockefeller Group has agreed to sell a pair of office buildings on Shanghai’s Bund waterfront to an online insurer backed by Ant Financial, Tencent and Ping An, with the HKEX-listed firm vowing to… Read More>>
Vlinker, an apartment operator backed by Warburg Pincus, has built Shanghai’s largest portfolio of rental housing while achieving attractive risk-adjusted returns, executives from the two companies revealed at Mingtiandi’s Hong Kong Forum on Tuesday. Watch the full recording>>
Since acquiring… Read More>>
China’s housing market has faced a historic slide over the past year, but a major US private equity firm is set to take the stage in Hong Kong next week to reveal how it is achieving yields as high as… Read More>>
