While Vietnam has been gaining popularity as a vacation destination in recent years, the Southeast Asian nation may soon be greeting an influx of hopeful property investors after a Warburg Pincus-backed mall developer celebrated the country’s biggest ever public listing… Read More>>
Warburg-Backed VN Mall Developer Plans $680M IPO and More Asia Real Estate Headlines
Vietnamese malls lead today’s news as a Warburg Pincus-backed retail developer plans a $680 million IPO in the land of cyclos and ao dais. Also in the news, an Aussie fund manager plans to push back against warehouse developer e-Shang… Read More>>
CapitaLand Closes First Vietnam Commercial Real Estate Fund at $300M
Singapore’s CapitaLand has been building apartments in Vietnam for over two decades. Now the biggest developer in southeast Asia is flexing its muscles in the country’s commercial real estate market by closing its first commercial fund targetting the Vietnam market… Read More>>
Sunac Boss Sun Hongbin Joins Board of Flailing LeEco and More Asia Real Estate Headlines
China’s 2017 credit crunch may already be paying dividends for its real estate heavyweights as distressed asset enthusiast Sun Hongbin of Sunac moves onto the board of a struggling mainland tech giant on the same day that its chairman exits…. Read More>>
Betting on Indochina Travel Boom, Savills Acquires Vietnam Hotel Advisors
Savills Hotels, the hospitality arm of the LSE-listed international property consultancy, last week announced a merger with Saigon-based hotel and resort advisory firm Alternaty, aimed at strengthening the company’s hotel platform across the region. Financial terms of the deal were… Read More>>
CapitaLand Buys $440 Mil Japan Portfolio Following Positive Q4
Just days after the release of encouraging financial results for the fourth quarter, the retail wing of Singapore’s largest property developer says it plans to spend JPY49.7 billion ($440.5 million) to add three office buildings and a shopping mall to… Read More>>
Country Garden Plans First India Project in 2017 and More Asia Real Estate Headlines
China’s third largest developer is now targetting another overseas market, as Country Garden announced plans to move into India. Also in the headlines today, China Oceanwide agrees to buy tech media group IDG, and CapitaLand has a new commercial project… Read More>>
Vietnam’s Real Estate Star on the Rise as Investors Search for Yield
If you think that China’s first-tier cities such as Shenzhen and Shanghai are still the top bets for real estate investment in Asia, think again. The “Emerging Trends in Real Estate Asia Pacific 2017”, a real estate forecast jointly published… Read More>>
CapitaLand Means Business in Vietnam with $500M Office Fund
Vietnam may have once been famous for war, but now the southeast Asian powerhouse means business, and Singapore’s CapitaLand is betting that those businesses will need offices.
After investing in residential and serviced apartment projects in Vietnam since 1994, Singapore’s… Read More>>
Asia Real Estate People in the News 2016-09-26
Summer is officially over but the season is not the only thing changing. A number of China’s real estate professionals have marked the beginning of autumn by taking on new roles. CBRE continues building its Greater China team, Henderson Land… Read More>>
