Top Hong Kong real estate player Henderson Land Development Company has agreed to sell a hotel in the city’s North Point area to Shun Ho Property for HK$1 billion ($129 million), according to an announcement on Friday to the Hong… Read More>>
Savills IM Wins $600 Mil in Investment Mandates for Japan Market
Savills Investment Management (Savills IM) has won two mandates to invest in Japanese real estate equaling $600 million, with the commitments coming earlier this month from an existing investor and from a new institutional partner.
The London-based international real estate… Read More>>
Dalian Wanda Denies Interest in €6 Bil German Bank Acquisition
Dalian Wanda Group, the property and entertainment conglomerate run by China’s richest man, Wang Jianlin, today denied reports that it was preparing a bid for Germany’s Postbank.
In a statement on its website, the Chinese firm said, “Media reports that… Read More>>
E-Shang Redwood Gets $100M More for Japanese Warehouses
e-Shang Redwood announced today that the State Oil Fund of Azerbaijan (“SOFAZ”) has agreed to invest $100 million in the Asian logistics real estate developer and fund manager’s Japanese projects.
The investment by the central Asian fund is the latest… Read More>>
CSCEC Unit Wins $205 Mil Contest for West Singapore Site
A subsidiary of China’s biggest construction firm snatched up a development site in Singapore’s West Coast Vale on Thursday of last week for S$291.99 million ($205.22 million), according to a statement from the Singapore Urban Development Authority.
Coming in just… Read More>>
DTZ Name is No More as C&W Updates China Branding
Property consultancy Cushman & Wakefield has unified its branding worldwide, with the company once known in much of Asia as DTZ/Cushman & Wakefield dropping the first three letters of its name as of today.
With the trustworthy global brand and… Read More>>
Mainland Developers Bought 38% of Aussie Residential Sites in 2016
Developers from mainland China bought A$2.4 billion ($1.84 billion) worth of Australian residential sites in 2016, accounting for 38 percent by value of the land sold in the country for housing construction, according to a recent research report by property… Read More>>
Blackstone Plans New $5B Asia Real Estate Fund
America’s biggest landlord is getting ready to build up its portfolio in Asia as Blackstone Group prepares to raise at least $5 billion for a new real estate fund focused on the region, according to a story in Reuters today… Read More>>
4 Chinese Cities Now Among World’s Least Affordable for Home Prices
2016 was supposed to be the year that Hong Kong housing prices began to tumble, but the only thing falling seems to be new sales records for expensive flats, as an independent survey shows the city’s homes to be the… Read More>>
UBS AM to Manage $176M ADIC Investment in Singapore Industrial Projects
The real estate investment wing of Swiss financial giant UBS is set to manage S$250 million ($176 million) in investment into industrial real estate projects in Singapore on behalf of Abu Dhabi Investment Corporation (ADIC), according to a recent statement… Read More>>
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