Asia real estate and outbound investment news
Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas trophy warned US financial regulators that it could run out of cash this year.
With attendance down 85 percent this year… Read More>>
China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the country’s developers with the merely unprofitable now giving way to a million dollar fine in one Los Angeles case.
A unit of… Read More>>
CBRE Group confirmed on 6 October that its chair of advisory services for Asia Pacific, Europe, the Middle East and Africa, Martin Samworth, will be retiring from the property agency at the end of 2020.
Samworth began his career in… Read More>>
Nuveen Real Estate continued its focus on northern Asia this week as the Chicago-based fund manager announced the $122 million (KRW 145 billion) acquisition of a last-mile logistics facility near Seoul.
The purchase of the 84,300 square metre ( 907,397… Read More>>
The impending sale of a waterfront site on Central’s waterfront may be grabbing the attention of Hong Kong real estate watchers, but the government also this week announced plans for a second attempt at selling a luxury residential site on… Read More>>
Despite a tepid investment market, political and economic uncertainty and an ongoing public health crisis, the Hong Kong government is moving forward with an attempt to sell a trophy site site fronting the Central business district’s waterfront before the end… Read More>>
Singapore’s sovereign wealth fund has gone back for its fourth helping of ESR warehouses this year with GIC now committing A$480 million ($337 million) to a logistics development partnership in Australia, according to a stock exchange announcement on 24 September.
Beleaguered co-working operator WeWork raised some much needed cash on Thursday when it announced that it had sold a $200 million stake in its China division to a consortium led by Shanghai’s Trustbridge Partners.
Trustbridge is taking the lead among… Read More>>
Singapore’s light industrial assets continued to find favour with investors last week as a developer listed on the city’s Catalist exchange picked up a plot in the city’s Bukit Merah district for S$112,500,000 ($83 million).
SLB Development has agreed to… Read More>>
After a gruesome start to the year, home sales in China continued to climb in August, and the country’s developers are responding by pouring more money into the sector, according to official data published this week.
Sales of new real… Read More>>
