Asia Pacific real estate investment news and information
Singtel has signed a memorandum of understanding with longtime partner Telkom Indonesia to expand the Singaporean giant’s data centre footprint in ASEAN, where the region’s fast-growing server-hosting market is attracting international investors and developers.
Under the agreement, Singtel and Jakarta-based… Read More>>
Sales of new private homes in Singapore totalled 654 units in March, up 20.7 percent from February, delivering a respectable showing in the absence of first-time launches last month, according to analysts.
While sales rebounded last month after a February… Read More>>
Local governments in China have been racing to lower home purchase restrictions in an effort to revive flagging housing sales in recent weeks, but those efforts are still falling short according to the latest government data.
Also in the news… Read More>>
A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate Straits Trading has acquired four UK assets for £75 million ($97.6 million), according to a statement last week.
The four retail parks,… Read More>>
Singapore property tycoon Ong Beng Seng is raising some cash as the hospitality investor’s primary publicly traded vehicle announced the sale of a London hotel over the weekend.
Hotel Properties Ltd, which is 55.4 percent owned by Ong, said on… Read More>>
Hysan Development and its partner Chinachem Group are turning to culture to boost the value of a HK$28 billion ($3.5 billion) commercial project they are developing in Hong Kong’s Causeway Bay area, according to a planning application submitted by the… Read More>>
In today’s roundup of regional news headlines, Chinese developer Zhenro announces its first default after missing interest payments on two offshore bonds, Vanke founder Wang Shi files for a Hong Kong-listed SPAC, and mainland banks suspend mortgage payments for borrowers… Read More>>
A residential complex up for collective sale in Singapore’s Katong area has sold for above the vendors’ asking price, demonstrating continued developer demand for sites even after a first-quarter slowdown in home price growth.
The local arm of Chinese developer… Read More>>
More than two years after first putting the property on the market, Chinese state-owned developer Poly Global has sold its 5 Fleet Place office building in the City of London for £191 million ($250.6 million), with a longtime Hong Kong… Read More>>
Singapore home price growth slowed in the first quarter following the government’s introduction of cooling measures in December, according to official flash estimates released on Friday, with analysts now predicting that sales of new homes will remain muted for the… Read More>>
