Asia Pacific real estate investment news and information
The British turned over Hong Kong to mainland China more than twenty years ago, but the city’s elite seem to still recall late UK Prime Minister Winston Churchill’s admonition never to waste a crisis.
With the COVID-19 pandemic putting pressure… Read More>>
Take-up of office space in Singapore has contracted for the first time since March 2017, according to government figures released on Friday.
Absorption of office space across Southeast Asia’s wealthiest city fell by 75,347 square feet (7,000 square metres) during… Read More>>
Hong Kong developer Chinachem Group has won a tender to develop a residential parcel in West Kowloon, according to an official announcement late last week.
The company led by CEO Donald Choi shouldered aside 16 other bidders to win the… Read More>>
Real estate private equity firm InfraRed NF has joined with a mainland investment start-up to purchase an 84 percent stake in a $112 million commercial complex in Shanghai’s former French concession, according to an announcement last week.
Through a joint… Read More>>
Asia’s largest warehouse developer and fund manager, GLP, has reached a final close on its latest China-focused investment vehicle, locking in investor commitments despite the uncertainty caused by the COVID-19 pandemic.
The Singapore-based firm, which has a global portfolio worth… Read More>>
Leading today’s Hong Kong real estate news, Hong Kong giants Henderson Land and Swire Properties have had a joint commercial development application in Quarry Bay turned down despite snapping up a set of shops on the site for HK$82 million.
Just over a month after Hainan government officials took over HNA Group, a report by Colliers International has revealed that the cash-strapped conglomerate has completed the disposal of the Shanghai HNA Tower for RMB 3.6 billion ($510 million).
The property… Read More>>
Shanghai grade A office rents continued to slide during the first quarter of the year as the COVID-19 induced downturn dragged on leasing rates, according to reports from some of the world’s largest property consultancies.
Grade A office rents in… Read More>>
One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo district at a mark-up of nearly 65 percent over its net book value, according to an announcement to the Singapore stock… Read More>>
International property consultancy JLL has promoted a veteran member of its team to lead its valuations and advisory division for Greater China, according to an announcement by the US-based firm late last week.
Based in Hong Kong, Sylvia Lau officially… Read More>>
