Nelson Yap
Luxury retail rents continue to recover
TSIM Sha Tsui in Hong Kong held on to the title as the world’s most expensive luxury retail…
Brookfield sells Seoul hotel for significant discount
CANADA'S Brookfield Asset Management has sold the five-star Conrad Seoul hotel in South Korea to Singapore's ARA Asset…
Property downturn prompt Chinese tourists to stay home
CHINA used to be the global tourism powerhouse, spending 1.7 billion yuan overseas at its peak. But the…
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…
Receivers to sell Taipei’s newest skyscraper at centre of scandal
RECEIVERS in offshore companies that indirectly hold Sky Taipei in Taiwan, have appointed agents JLL to sell the…
CapitaLand Ascott graduates to full owner of US student housing
ASIA PACIFIC’S third largest real estate fund manager, CapitaLand, through CapitaLand Ascott Trust (CLAS) has acquired the remaining…
Embassy REIT gets a foothold in Chennai
ASIA’S largest office REIT, Embassy REIT, has completed acquisition of the Embassy Splendid TechZone a Grade-A business park…
HKL divests Tokyo capsule hotel
HONG Kong property developer and investment group Hon Kwok Land has sold a capsule hotel in Japan’s capital…
Singapore receives major boost with $775m sale
IN a big shot in the arm for the local commercial real estate market, the Mapletree Pan Asia…
CDL wins tender to buy Delfi Orchard for S$439m
DEVELOPER City Developments Limited (CDL) has been awarded the tender to buy the Delfi Orchard, a commercial building…
Singapore’s Hiap Hoe check-in at Perth’s Riverdale
TWO Perth hotels have changed hands, with the Great Eastern Motor Lodge selling for $40 million to Singapore's…
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.…
Japanese owner mulls USD$750m Manila casino resort float
JAPAN’S Universal Entertainment Corp is reviving its plans to list its mega casino and resort complex, Okada Manila…
Navanaami plans twin skyscrapers in the City of Pearls
PROPERTY developer Navanaami Projects Private Ltd has drawn back the curtains on its crowning jewel project, Megaleio, in…
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…