Asia Pacific real estate investment news and information
Hotel Properties Ltd, the builder controlled by billionaire Ong Beng Seng, has secured provisional permission from Singapore’s Urban Redevelopment Authority to transform a set of Orchard Road buildings into a mixed-use project with hotel, retail, office and residential components.
The… Read More>>
China Evergrande’s Hong Kong-listed shares began trading Monday for the first time since March of last year, but the moment failed to translate to momentum as the defaulted developer’s stock dropped 79 percent in price to end the session at… Read More>>
While trades of income-earning real estate assets in Asia Pacific fell 24 percent in 2022 compared to a year earlier, investment in new data centre projects in the region climbed by more than 11 percent, according to MSCI – underscoring… Read More>>
In today’s roundup of regional news headlines, Chinese authorities roll out fresh measures to encourage homebuying, with Shanghai officials reportedly considering a toned-down stimulus package for the megacity. Also on the list are Country Garden’s disposal of a project stake… Read More>>
UBS Asset Management has launched a multi-family development project in east-central Tokyo that is expected to be worth $230 million upon completion, as Japan’s red-hot rental residential market continues to soak up foreign capital.
The project in Koto ward’s Kiba… Read More>>
ESR has agreed to sell a 30 percent stake in its Kwai Chung Cold Storage Logistics Centre project in Hong Kong to an unnamed “strategic investor” from mainland China.
With the transaction, ESR will reduce its own stake in the… Read More>>
An investment company which controls one of Asia’s largest family-owned shipping firms has snapped up an office floor near Singapore’s Orchard Road for S$24 million ($17.7 million) as the city-state’s strata office market continues to gather steam.
IMC Group, founded… Read More>>
In today’s roundup of regional news headlines, China’s central bank dashes market expectations by leaving a mortgage reference rate on hold, and Singapore’s Housing and Development Board tweaks the policy framework for build-to-order flats. Also on the list are Evergrande’s… Read More>>
A Shenzhen tycoon’s trophy case may soon be stripped bare as receivers for the creditors of Cheung Kei Group chairman Chen Hongtian on Monday launched a tender for his former mansion on Hong Kong’s Victoria Peak.
Savills formally kicked off… Read More>>
Country Garden Real Estate Group has shown signs of deeper financial challenges as the company halted trading of 11 onshore bonds beginning Monday, prompting investors to drive its shares to their lowest level since the company’s 2007 IPO.
Ranked as… Read More>>
