Asia Pacific real estate investment news and information
LaSalle Investment Management has hired Keith Fujii to head up the company’s platform in Japan, where the subsidiary of JLL has roughly $5 billion of assets under management.
Fujii tooks the reins as CEO and President of Japan effective March… Read More>>
Chinese insurers’ $15 billion overseas real estate shopping spree may go on the endangered list, as the country’s insurance regulator reprimanded three major insurers for illicit cross-border investments Saturday. The move is part of the regulator’s efforts in reining in… Read More>>
Singapore’s sovereign wealth fund GIC has teamed up with homebuilder China Vanke to win a plot of land in Shanghai for RMB 702 million ($111 million), which the partners plan to develop into a high-end shopping centre.
GIC subsidiary RECO… Read More>>
Italian lingerie brand La Perla is poised to lose its flagship store in Hong Kong’s prime Causeway Bay shopping district, after allegedly defaulting on HK$9.21 million ($1.18 million) in rent.
After the high-end bra brand threw a star-studded party to… Read More>>
Chinese consumers bought RMB 4.88 trillion ($760 billion) in products online during the first three quarters of last year — roughly equivalent to the annual GDP of the Netherlands — as many shoppers now routinely buy groceries and other daily… Read More>>
Champion REIT, the Hong Kong-listed trust sponsored by developer Great Eagle, saw record turnover rent of HK$116 million ($14.8 million) in its Langham Place Mall last year, said Ada Wong, the trust’s CEO at a media briefing on its annual… Read More>>
An affiliate of top three Chinese developer Evergrande has vowed to open 200 cinemas in China — nearly doubling its total number of movie theatres in the coming five years, while adopting a new locally produced technology to rival the… Read More>>
HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble didn’t stop the state-owned lender from handing its struggling client a new RMB 20 billion ($3.2 billion) credit facility last… Read More>>
Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to cash in on its collection of four mainland outlet malls by listing a real estate investment trust on the Singapore… Read More>>
Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create the largest logistics and industrial real estate developer in the country, with an investment of over $200 million.
The new venture, BW… Read More>>
