Asia Pacific Power shortages impact data centres, CBRE
POWER shortages across the Asia Pacific is driving rent increases in the emerging data centre market, according to a report by leading agent CBRE. CBRE says in recent years, the…
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Nippon REIT double sale fetches JPY 3.8bn
THE Nippon REIT has sold two assets in Tokyo and Osaka for a combined JPY 3.885 billion. Keio Corporation has acquired an office, the Nihombashi Playa Building in Tokyo for…
China
Hongkong Land shows confidence in Chengdu retail
DIVERSIFIED property developer Hongkong Land has launched its first wholly-owned commercial property in China’s fourth…
ESR drives expansion in China logistics
PAN Asia industrial player ESR is looking to raise RMB2.438 billion (approximately USD$336 million) for…
Market gives Midea spin off a thumbs up
CHINESE developer Midea Real Estate Holdings received positive reaction from the market about its proposed…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. …
Hong Kong & Macau
Hongkong Land shows confidence in luxury retail
PROPERTY developer and investment company Hongkong Land and luxury retail brands Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent,…
Asia Pacific Power shortages impact data centres, CBRE
POWER shortages across the Asia Pacific is driving rent increases in the emerging data centre market, according to a report…
Japan
Hines drive growth in Singapore logistics
HOUSTON-based global investment firm Hines has joined forces with Japanese institutional partners for the first time to further drive its…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Penang, Malaysia Singapore’s UMS…
Nippon REIT double sale fetches JPY 3.8bn
THE Nippon REIT has sold two assets in Tokyo and Osaka for a combined JPY 3.885 billion. Keio Corporation has…
Hot Japan hotel market book over USD500m in transactions
INVESTORS continue pour into Japan’s hotel market. This week the world’s third most popular tourism destination reported over JPY87 billion…
Malaysia
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Penang, Malaysia Singapore’s UMS…
New stores surge as Filipinos enjoy retail therapy
FILIPINOS love for shopping is driving retail property the Philippines, with demand for more stores and expansions of existing malls.…
Stable property values limit Asia Pacific investors debt liabilities
PROPERTY investors in Asia Pacific face a relatively small funding gap of US$8.4 billion on US$257 billion of outstanding senior…
Thailand vying for high tech manufacturing
THAILAND is looking to capitalise on its strategic geographical location to become the global centre for high tech manufacturing. ESR…
Unsold apartments in Bangkok reach new high
PROPERTY developers in Bangkok are facing challenges to sell housing units, as unsold inventory in Asia’s 12th most populated city…
Asia Pacific prime rents continue free fall
PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…
Foreign property investors return to Phuket
PREMIER leisure destination Phuket is witnessing a resurgence, attracting affluent overseas property buyer as Thailand’s largest island is expecting a…
Korean VC shows confidence in Asia long-stay sector
SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn, long-stay rental…
Innovative solutions floated to meet data centre hunger
DEVELOPERS are thinking outside the square to meet the insatiable appetite for data centres by dipping their toes in aquatic-based facilities, after Tokyo, Singapore and Jakarta overtook London as the…
Savills to manage Ha Noi estate
SAVILLS Vietnam has signed a property management agreement with Vinapol to manage the Orange Garden in Hoai Duc, Hanoi. Orange Garden covers 54.6 hectares and comprises 693 detached and semi-detached…
Global ESG regulations driving change in Vietnam
VIETNAM’s industrial real estate sector is proactively adopting sustainable practises to make the country more attractive to offshore companies prioritising Environmental, Social, and Governance (ESG). JLL researchers ThuHa Ngo and…
Battle heats up in Asia to dominate manufacturing
INDONESIA, Malaysia and Vietnam are neck and neck in a heated race to become the next global manufacturing powerhouse, with India and Philippines snapping at their heels, as companies diversify…
India and Bangladesh lead, as Asian cities emerge as world’s fastest growing
ASIA will account for a staggering 14 of the 15 fastest growing cities by 2033, with India, Bangladesh, Vietnam and the Philippines poised to outperform, creating opportunities for new developments and…
Supply chain shifts drive manufacturing to Southeast Asia and India
OVER the next decade will accelerate shifting supply chains whereby manufacturing and production locations will diversify to multiple locations across Southeast Asia and India, according to a JLL report. The…
Asia Pacific prime rents continue free fall
PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila, Ho Chi Minh City, Brisbane and Auckland bucked the trend.…
Vietnam prestige property market coming of age
VIETNAM’s emergence as one of the fastest-growing luxury real estate markets in the world has attracted Christie’s International Real Estate, the first global luxury real estate brand to enter the…
Vietnam growth in data sector
A REPORT by JLL reveals that Vietnam is set to experience substantial growth in the data centre market, driven by an expanding digital economy and increasing data consumption across the region. …
Asia Pacific office rents continue to fall
OFFICE rents across the Asia Pacific continue to decline, according to the latest Knight Frank Prime Office Rental Index for the first quarter of 2024. The index registered a 3.2%…
Vietnamese developer who swindled $41bn receives death sentence
A Vietnamese property tycoon has been sentenced to death in one of the world’s biggest-ever fraud cases, with total damages estimated at a staggering A$41.3 billion. Three hand-picked jurors and…
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