Asia Pacific real estate investment news and information
With the coronavirus pandemic creating obstacles to traditional ways of doing business, and market gyrations amplifying demand for data, real estate investors and developers across Asia are taking a closer look at tech systems in 2020.
To find out how… Read More>>
Logistics real estate platform ESR’s Charles de Portes will step down as group president in January 2021 to pursue philanthropic interests, one of several management changes announced late last week by the Warburg Pincus-backed firm.
Now 50, De Portes co-founded… Read More>>
Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the last of an overseas property portfolio that once included projects in the US,… Read More>>
The COVID-19 crisis has disrupted economies across the region this year, but amidst the slowdown, has also laid bare trends that were already reshaping the industry, including the growing importance of e-commerce and a related upswing in demand for warehouse… Read More>>
Ascott Residence Trust said Monday it has agreed to sell the Ascott Guangzhou and the Citadines Didot Montparnasse Paris serviced apartments for S$191.4 million ($138.8 million) as the Singapore-listed real estate investment trust seeks to monetize assets despite the COVID-19… Read More>>
Despite more space being leased in recent months, Grade A office rents in Shanghai continued their downward slide in the second quarter of 2020, according to recent reports by property agencies covering the city.
Following a lockdown that kept most… Read More>>
Companies across Asia Pacific have been faced with lockdowns, circuit breakers and travel bans this year which have quickly tested information and communication systems across industries as the COVID-19 pandemic deprived businesses of many of their traditional business tools.
Long… Read More>>
Trading in shares of Goldin Financial Holdings remained suspended on the Hong Kong exchange today as the real estate and investment firm controlled by mainland tycoon Pan Sutong struggles to raise funds after having its corporate headquarters taken over by… Read More>>
Real estate investment volumes across Asia Pacific slumped 32 percent in the first half of 2020 compared to last year, falling to $60.4 billion as the full economic impact of the Covid-19 pandemic hit the region, property brokerage JLL said… Read More>>
OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.
The SGX-listed developer is selling the property to USBT… Read More>>
