Asia Pacific real estate investment news and information
Asia’s fast-growing flexible office sector has chalked up another merger, with Shanghai-based naked Hub acquiring local rival Raise Office, a co-working operator with four centres in the mainland financial hub.
Through the recently announced deal, the set of Raise Office… Read More>>
Hong Kong private equity shop Gaw Capital Partners has agreed to sell the Cross Tower, a 24-storey commercial building in Shanghai, to a mainland real estate fund for a price believed to be RMB 2.66 billion ($402 million).
Gaw is… Read More>>
US co-working giant WeWork has leased an entire grade A office building in downtown Shanghai, where the $20 billion startup will open its largest-ever shared office centre.
The take-up of the 27,000 square metre tower in the China Overseas International… Read More>>
It’s been a long time since bargains were available in Shanghai’s property market, but a director of Hong Kong-listed New World Development just picked up a mixed-use project in the city’s Zhongshan Park area at an attractive price.
The property… Read More>>
Hong Kong developers Swire and HKRI held the official opening party today for their 322,000 square metre (3.46 million square foot) office, hotel, residential and retail mega-project on Shanghai’s West Nanjing Road.
The pair of real estate giants pulled in… Read More>>
Beijing-based developer Soho China is selling a Zaha Hadid-designed project on the western edge of Shanghai to a fund managed by private equity house Gaw Capital for a total consideration of RMB 5.01 billion ($754.1 million), as the company owned… Read More>>
Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.
Through… Read More>>
JLL is stepping up its commitment to a scientifically driven approach to consulting as the global property services firm brings on board Frank Rexach as Managing Director of Enterprise Strategy and Innovation for Asia Pacific.
The Fortune 500 firm announced… Read More>>
The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as the city seeks to boost new apartment supply to bring relief to its housing-hungry population.
The nearly two billion dollar… Read More>>
Starbucks is buying out its East China joint venture for around $1.3 billion in the company’s biggest acquisition ever, as growth shows signs of cooling in the American coffee chain’s home market. The cash deal will give the Seattle-based company… Read More>>
