Asia Pacific real estate investment news and information
Strong demand from tenants and limited supply of prime CBD space helped boost office rental rates in Singapore during 2018 by the largest amount in four years, according to new figures issued by the city government.
Office rental rates increased… Read More>>
Spaces, a co-working stablemate of flexible office giant Regus, has opened its fourth and largest location in Hong Kong, unveiling a 77,000 square foot (7,153 square metre) facility in the western end of Central district last week.
Spaces Sun House… Read More>>
Sunac China has agreed to buy a pair of projects in Shanghai and Beijing from competitor China Oceanwide Holdings in a deal valued at RMB 12.55 billion ($1.85 billion), according to a filing today to the Hong Kong stock exchange.
Hong Kong housing has been ranked as the least affordable in the world for a ninth straight year, according to the results of a survey published today by non-profit group Demographia.
The median home price in the Asian financial capital… Read More>>
Three of Hong Kong’s biggest developers are said to have made it to the final round of a competition for a rare site in Shanghai’s Jing’an district in a land auction set to end this week.
Sun Hung Kai Properties,… Read More>>
Singapore’s CapitaLand announced early Monday that it had agreed to buy a controlling stake owned by Temasek Holdings in fellow government-backed developer Ascendas-Singbridge in a deal which would value the target company at S$11 billion ($8.13 billion).
CapitaLand has agreed… Read More>>
Oxley Holdings Ltd is on its way to selling a pair of hotels on Stevens Road, just near Singapore’s Orchard Road shopping district, for a combined S$950 million ($702 million), according to an announcement by the developer to the city’s… Read More>>
Less than two weeks after agreeing to purchase a home at Hong Kong’s Jardine’s Lookout for HK$721.88 million ($92.1 million), an unnamed buyer has walked away from the deal, forfeiting a HK$36 million deposit, according to Hong Kong public records.
Ascott Residence Trust has sold the Ascott Raffles Place Singapore to a local private investor for S$353.3 million, according to a filing by the REIT’s manager to the Singapore Exchange last week, parting with one of the most recognisable properties in the… Read More>>
Gaw Capital Partners has made its second Shanghai office acquisition in less than a month and a half, buying a set of four grade A office buildings in the Hongqiao area for a price reported to be close to RMB… Read More>>
