Singapore took the crown as the city with the most favourable real estate investment prospects in Asia Pacific, while Hong Kong plunged to the bottom of the ranking, according to an annual survey by the Urban Land Institute (ULI) and… Read More>>
Savills tops the deal charts in this week’s edition of Mingtiandi’s roundup of brokerage wins with a victory in Shanghai that saw the property consultancy firm advise on the sale of a 36,000 square metre (387,500 square foot) serviced apartment… Read More>>
Huazhu Group has revealed a 19 percent year-on-year jump in hotel turnover for the third quarter of 2019, as China’s largest operator of budget inns boosted its portfolio to more than 5,000 locations.
Turnover increased to RMB 10 billion ($1.4… Read More>>
Phoenix Property Investors has closed its latest opportunistic real estate fund at $1.15 billion, surpassing its hard cap by $250 million.
Phoenix Asia Real Estate Investment VI – the private equity company’s sixth pan-Asian investment vehicle – closed in September,… Read More>>
A REIT sponsored by media conglomerate Singapore Press Holdings has agreed to buy a half stake in one of the largest shopping malls in Australia for A$670 million ($461 million), continuing a wave of real estate investments Down Under by… Read More>>
Warburg Pincus-backed ESR has established a A$350 million ($240 million) mandate with China Merchants Capital, according to an announcement by the company, as the newly listed logistics specialist enlists a new partner and takes in cash to fund future developments.
Hong Kong developer Swire Properties is bringing its Taikoo Li network of commercial projects to the western China city of Xi’an, according to local government officials as cited in mainland media accounts.
The decision to move ahead with the Taikoo… Read More>>
CBRE tops the deal charts in this week’s edition of Mingtiandi’s roundup of brokerage wins with a victory in Beijing that saw the property consultancy firm facilitate the €1 billion acquisition of a 131,000 square metre (1.4 million square foot)… Read More>>
Kerry Properties, a Hong Kong-listed developer controlled by Shangri-La Hotels founder Robert Kuok, has acquired 26 percent of an industrial building in Hong Kong’s southern district for HK$499.7 million ($64 million), according to a local media report citing government filings.
Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium formed by Kerry Properties, Swire Properties, and Sino Land.
The trio of local developers is reported to be paying a HK$6.76… Read More>>