After disposing of $5.5 billion of overseas real estate and hotel company stakes since the start of 2018, cash-starved HNA Group has now sold eight properties in mainland China worth $1.1 billion so far this month, according to data from… Read More>>
Perennial Buys Out Capitol Singapore for $402M and More Asia Real Estate Headlines
Leading today’s roundup, top Singaporean developer Perennial Real Estate is poised to buy out an iconic heritage property in the city-state, ending years of business bickering. Also in the headlines, a Thai hotel operator has scooped up all 456 units… Read More>>
James Allan Takes Over Top Spot at JLL Indonesia, Todd Lauchlan to Run NZ Office
Global property brokerage JLL is making a key leadership change in Southeast Asia by naming James Allan as Country Head of its Indonesia business.
Allan, who jointly heads up JLL’s office leasing team in Shanghai with Anny Zhang, starts the… Read More>>
Swire’s Pudong Mall Project Moves Forward With $213M Purchase of JV Stake
After opening its HKRI Taikoo Hui mall at 90 percent occupancy in November, Swire Properties is set to develop its second retail project in Shanghai. The latest venture for the Hong Kong-based builder is in Pudong’s Qiantan Area, an international… Read More>>
Shanghai Awards Site for $8B Pudong Commercial Complex to SOE Duo for $2.2B
Shanghai’s government has awarded a deal for a RMB 50 billion ($7.9 billion) commercial complex — bigger than New York’s Grand Central Terminal — to a consortium of local state-run firms as the city prepares for yet another commercial hub… Read More>>
GIC, Vanke Win Shanghai Shopping Mall Site for $111M
Singapore’s sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for RMB 702 million ($111 million), which the partners plan to develop into a high-end shopping centre.
GIC subsidiary RECO… Read More>>
Surging Hong Kong Drove $158B Asia Pacific Property Deal Peak in 2017
Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan real estate investment market in Asia Pacific last year, with deals for income-producing assets jumping 39 percent year-on-year to $20.9 billion, according to a new report… Read More>>
Bubble Tea and Lipstick in the Mix as Pradera Lures China’s Post-Millennials Back to East Nanjing Road
One of the best-known retail centres from Shanghai’s 1930s heyday may soon be pulling China’s post-millennial shoppers back to what was once China’s hippest retail centre. As part of a revival of a heritage department store on Shanghai’s historic East… Read More>>
Singapore’s Amara Launches First Luxury Hotel in Shanghai
Singapore’s Amara Holdings bought a plot of land in Shanghai’s Puxi district in 1996, and more than two decades later, the property and hospitality group is marking its official debut in China with the launch of a 30-storey luxury hotel… Read More>>
naked Hub to Power Workplace Community at Ascendas Innovation Place in Shanghai Sponsored Feature
Premium co-working operator naked Hub has transformed the way more than 10,000 people work in Asia, and now the Shanghai-based startup is making it possible for any landlord to join the flexible office revolution.
As the next step in this… Read More>>
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