Nelson Yap
Luxury Tokyo resort change hands for over US$692m
JAPAN’S strong tourism industry continues to encourage investment in hotels with a large upscale resort on the artificial…
Chinese developers plan to repay creditors already hit a snag
DEBT distressed property developers Sunac China and Sino-Ocean Group have announced restructuring measures to pay back its creditors.…
Yuexiu Property lobs US$350m winning bid for Beijing site
THE Guangzhou Government-backed property developer Yuexiu Property has purchased a significant land in one of Beijing’s rapidly growing…
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 CapitaLand have teamed…
Kumho accelerate expansion in Korea
CHINESE-owned South Korean tire manufacturer Kumho Tire has acquired a new site for over KRW116 billion (approximately US$84…
HK CRE brokers roll sleeves up as sales heat up
AGENTS Knight Frank and Savills in Hong Kong are marketing several properties as prospective buyers return to the…
Modest rental growth outlook for Singapore retail market
PRIME retail rents in Singapore have begun to plateau amid cost pressures and are projected to rise by…
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…
Keppel connects to Taiwan data centre
SINGAPOREAN global asset Keppel has made a strategic move to ride on the tailwinds of Artificial Intelligence (AI)…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Johor, Malaysia…
PGIM and Elevate Capital confirm Stamford Court buy
GLOBAL asset manager PGIM Real Estate in a joint venture with Elevate Capital, have confirmed the acquisition of…
Ascott China asset-light strategy blossoms with TULIP LODJ
CAPITALAND’s lodging business unit, the Ascott has entered into a joint venture with China’s largest hotelier, Jin Jiang…
Swire Properties launches maiden residential project in PRC
REAL estate developer Swire Properties is set to make a splash in the Chinese real estate market with…
KDX divest two older offices
KDX Realty has sold two aging office buildings in Tokyo and Osaka for over JPY3.6 billion. The trust…
Daito expands with takeover of Housecom
IN a strategic move aimed at consolidating its market presence, Tokyo-headquartered builder Daito Trust Construction will acquire real…