Asia Pacific real estate investment news and information
In today’s roundup of regional news headlines, mainland property giant Country Garden foresees a $1 billion loss in its 2022 annual report, and Singapore-listed EC World REIT responds to questions about its balance sheet.
Country Garden Sees… Read More>>
Sim Lian Group sold nearly half of a 386-unit condo project in Singapore’s Bukit Panjang area on its launch day this past weekend, as residents and investors continued to show an appetite for new homes in the city-state.
Despite rising… Read More>>
The Stock Exchange of Hong Kong has approved ESR’s proposed spin-off of three mainland logistics projects and their potential listing through a China REIT on the Shanghai Stock Exchange, marking a step forward in the planned transaction as the recently… Read More>>
Chinese logistics specialist Black Kite is expanding its footprint in the Yangtze River Delta, embarking on four new warehouse projects totalling 441,275 square metres (more than 4.7 million square feet) in recent weeks, as industry insiders flag continued growth in… Read More>>
Regional developer Hongkong Land said its underlying profit in 2022 fell 20 percent year-on-year to $776 million on declining contributions from residential projects in mainland China.
According to Hongkong Land’s preliminary results issued Thursday, the group’s profit attributable to shareholders… Read More>>
Singapore-based developer Hoi Hup Realty and Malaysia’s Sunway Group sold more than one-third of a 270-unit luxury condo project in Pasir Panjang during the launch weekend despite rising interest rates and increased taxes showing signs of slowing the city’s housing… Read More>>
Strong home sales at development projects delivered a boost to the full-year results of Singapore-based builders UOL Group and Ho Bee Land as the city-state’s housing market soared in 2022.
UOL, the developer controlled by the Wee family behind United… Read More>>
Mitsubishi Estate is selling stakes in an office building and a WeWork-occupied mixed-use tower in Tokyo for a total of JPY 32 billion ($239 million), transferring the assets to a listed REIT sponsored by the Japanese real estate giant.
Under… Read More>>
Hong Kong’s Grade A office market in January saw tenants give back 16,900 square feet (1,570 square metres) more than they took up as leasing activity paused during Chinese New Year, according to JLL.
Optimism sparked by the reopening of… Read More>>
In today’s roundup of regional news headlines, Canada’s Ivanhoe Cambridge is reported to be taking a new direction in its office partnership with India’s Embassy Group, and Chinese developer CC Land expects to swing to a hefty 2022 loss.
