Most Read This Week

Poly settles Macau dispute with HK$3.95bn deal

IN significant exit from its Macau investment, HONG Kong-based developer Poly Property has ended a long-running legal dispute with business partners by selling its stake in a Macau property development…

Equinix says Sawadee to Thailand

GLOBAL data centre giant Equinix will invest $500 million to expand its digital infrastructure platform…

Chinachem makes HK$1bn winning bid for Sha Tin

HONG Kong’s real estate market has received a much needed boost with Chinachem paying a…

Developers plot counter cyclical play in China

OPPORTUNISTIC property developers are taking advantage of market conditions in China, swooping on major sites…

RENT collection across Australia’s commercial property sector has made a full recovery from the lows reached in the heights of... Read more on APJ...
By Nelson Yap
BROOKFIELD'S Australian logistics platform has hit $1.25 billion in assets under management following completion of its Connect Central Sydney Logisti...... Read more on APJ...
By Hannah Page
DESPITE consumer wariness of the higher cost of living, visitation to Westfield shopping centres has increased so far in 2024... Read more on APJ...
By Hannah Page
OVER 70% of developers, investors, fund managers and brokers have increased their level of private credit over the past five... Read more on APJ...
By Tom Briglia

China

More stories from China

Developers plot counter cyclical play in China

OPPORTUNISTIC property developers are taking advantage of market conditions in China, swooping on major sites…

Sunac sells 40 projects across China for RMB3.2bn

FOLLOWING its plans to raise HK$2.1 billion, Tianjin-based property developer Sunac China has exited 40…

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.  …

Foxconn expands in China

FOXCONN, one of Apple’s largest suppliers and manufacturing partners, has acquired a strategic site in…

Hong Kong & Macau

Chinachem makes HK$1bn winning bid for Sha Tin

HONG Kong’s real estate market has received a much needed boost with Chinachem paying a premium HK$1.021 billion (approximately US$128…

Hongkong Land to unlock US$10bn in residential exit

PROPERTY developer Hongkong Land has unveiled a bold shift in strategy to exit the build-to-sell…

Hong Kong property bounces back strongly

GREEN shoots are emerging in Hong Kong’s property market following a sharp recovery in October…

Mitsui OSK shows confidence in SE Asia and India

JAPAN’S Mitsui O.S.K. Lines has injected S$261 million into a new partnership with CapitaLand Investment Limited, to support CLI’s push…

Prestige Group expands in Bengaluru

ONE of India’s largest property developers Prestige Group continues to expand in Bengaluru, acquiring a…

India regulator orders boss of largest REIT to step down

INDIA’S property market has been shocked by the market regulator ordering Aravind Maiya, the chief…

Prime office rents stabilising

PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge…

Ascott eyes more rooms for growth

GLOBAL lodging business Ascott has expanded its footprint in Southeast Asia with 28 new properties,…

Prime office rents stabilising

PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering the region’s…

Japan

Tokyo hotel sale falls over due to finance hurdles

IN a recent turn of events, the sale of a hotel property in Tokyo’s bustling Asakusa district has been abandoned…

Keppel powers ahead for AI-ready data centre

THE private fund, Keppel Data Centre Fund II, has pushed forward with Mitsui Fudosan to purchase an AI-ready data centre…

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Shanghai, China Universal Global…

Ichigo Hotel upgrades outlook following Hiroshima property sale

THE Ichigo Hotel REIT has disposed of its Valie Hotel Hiroshima property for JPY1.785 billion and at the same time,…

Developers team up for half a billion dollars Singapore site

REAL estate developer GuocoLand in a joint venture Intrepid and Hong Realty have bought a prominent residential site in Singapore for S$497 million. Located at Margaret Drive, the property acquired…

By Nelson Yap 1 Min Read

Singapore office tenants remain cautious

LEASING activity in Singapore’s office market remains slow as tenants, particularly the large multinationals, continue…

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.  …

UOL and CapitaLand join forces for S$810m deal

SINGAPORE’S billionaire Wee family-backed developers UOL Group and Singapore Land (SingLand) have teamed up with…

Modest rental growth outlook for Singapore retail market

PRIME retail rents in Singapore have begun to plateau amid cost pressures and are projected…

Malaysia

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Shanghai, China Universal Global…

KLK and AME join forces to develop Selangor industrial hub

MALAYSIAN plantation and property company Kuala Lumpur Kepong (KLK) is set to tap into industrial…

GDS to invest MYR1bn in Malaysia data centre

HOT on the heels of securing US$1 billion from US institutional investors, global digital infrastructure…

Primex pulls the plug on Pullman Manila debut

ACCOR Group’s expansion in the Philippines has suffered a major setback after it walked away from debuting its Pullman brand…

Megaworld targets luxury market in Puerto Princesa

FILIPINO property developer Megaworld Corporation has unveiled plans to construct its first upscale residential condominium…

Megaworld buoyed by success in Pampanga

FILIPINO property developer Megaworld is expanding its residential portfolio in Central Luzon to meet strong…

Hanwha Solutions merges with real estate business

KOREAN conglomerate Hanwha Solutions will merge with the KRW1.32 trillion Hanwha Global Asset Corporation, in…

Blackstone readapt Korean office into hotel

GLOBAL investment manager Blackstone has snapped up an office building in South Korea’s capital of…

ESR taps into credit appetite for South Korea

ASIA Pacific real asset manager ESR has successfully raised US$325 million for its inaugural real estate credit investment platform in…

Thailand boost as Hyatt Bangkok check out for US$146m

IN Thailand’s largest hotel real estate transaction in half a decade, the Hyatt Regency Bangkok Sukhumvit has changed hands for…

Mitsui OSK shows confidence in SE Asia and India

JAPAN’S Mitsui O.S.K. Lines has injected S$261 million into a new partnership with CapitaLand Investment Limited, to support CLI’s push…

Equinix says Sawadee to Thailand

GLOBAL data centre giant Equinix will invest $500 million to expand its digital infrastructure platform in Thailand, keen to capitalise…

Seashore makes big splash for Bangkok data centre

THAI cloud services and digital infrastructure group Seashore Data Centre has acquired a multi-storey facility in Bangkok for THB833.2 million.…

Siamese Asset secures Thai mall

THAI property developer Siamese Asset has acquired the leasehold to a department store “Forum Plaza” in the Chonburi Province. The Forum…

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Johor, Malaysia Mould and precision parts manufacturer Miyoshi has sold a factory and land…

By Nelson Yap 8 Min Read

Mitsubishi Estate drives further in Vietnam

VIETNAM’S position as a critical supply chain destination in Asia has been further cemented by Japanese giant Mitsubishi Estate, which unveiled plans for its first logistics facility development in Vietnam.…

By Nelson Yap 3 Min Read

Prime office rents stabilising

PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering the region’s recovery, according to Knight Frank. The latest Knight Frank Asia-Pacific…

By Nelson Yap 4 Min Read

Buyers flock to Lumi Hanoi residential project

PROPERTY developer CapitaLand Development continues to enjoy success in Vietnam with the third and final phase of its Lumi Hanoi project almost selling out during the launch day. The project…

By Nelson Yap 2 Min Read

Ascott eyes more rooms for growth

GLOBAL lodging business Ascott has expanded its footprint in Southeast Asia with 28 new properties, adding over 3,400 rooms to its portfolio. The new signings will boost Ascott’s Southeast Asia…

By Nelson Yap 5 Min Read

Vietnam tourism sector goes gangbusters, exceed pre-COVID

VIETNAM is not only attracting strong foreign investment, but also becoming a destination for international tourists with arrivals skyrocketing by 58.4% in the first half of 2024. International arrivals have…

By Nelson Yap 2 Min Read

Foxconn sells Guangdong facility to focus on Vietnam

TAIWANESE multinational and one of Apple’s largest suppliers, Foxconn, has divested an industrial property in Guangdong for RMB 428 million (approximately USD$ 59 million) whilst investing over USD$ 1 billion…

By Nelson Yap 2 Min Read

Indochina Kajima gets green light for Mandarin Oriental in Vietnam

PROPERTY developer Indochina Kajima has received approval from the Department of Construction - the People's Committee of Phu Yen Province to go ahead with its ultra-luxury Mandarin Oriental project in…

By Nelson Yap 3 Min Read

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Agricultural Sungai Raya, Malaysia Unisem has purchased 38 plots of vacant land located in Sungai…

By Nelson Yap 5 Min Read

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…

By Nelson Yap 5 Min Read

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…

By Nelson Yap 1 Min Read

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