Megaworld the sustainability leader in the Philippines
PHILIPPINES property giant Megaworld is leading the way for sustainability in the country after achieving carbon neutrality across its office and mall developments. The portfolio covers 52 developments across the…
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Recent News
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 to record highs but Chinese and Japanese nationals remain the…
Singapore developers experiencing a lull
HIGHER interest rates and homebuyers no longer experiencing FOMO have seen property developer’s sales fall further in May. According to Knight Frank, there were 221 new sales (excluding executive condominiums…
Michigan pension fund makes Japan wager
US based fund manager BentallGreenOak fund has secured a USD$100 million for investment into the Japan property market from a Michigan pension fund. State of Michigan Investment Board (SMIB) said…
Heitman maiden acquisition in Osaka
CHICAGO-based global real estate investor Heitman has launched into Osaka with the acquisition of a multifamily apartments portfolio for JPY7 billion yen. The USD$50 billion fund manager has acquired a…
Global power of kawaii, foreign investors falling in love with Japan
JAPAN is not only one of the most popular tourist destinations globally, it is also attracting foreign investors, who now account for 30% of commercial real estate transactions every year,…
Ayala Land buyout partner in Cebu project
PHILIPPINES developer Ayala Land is bolstering its growing presence in the Visayas region after acquiring its joint venture partner’s share in a Cebu development. Ayala Land has entered into a…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. To feature your transactions, email us at news@asiapropertyjournal.com Industrial, warehouse and logistics Xi’An, China The…
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…
Sekisui to demolish Tokyo condominium blocking view of Mt. Fuji
IN a surprising move for the property industry, developer Sekisui House has decided to demolish a newly built condominium because it partially blocked the view of the iconic Mt. Fuji…
NWP Property leading sustainability charge in Indonesia
WARBURG Pincus-backed NWP Property has secured a USD$135 million Sustainability-Linked Syndicated Loan Facility, leading the way for Indonesia’s commercial real estate sector to adopt sustainable practices. NWP owns and operates…
Asia Movers and Shakers
ASIA Property Journal’s wrap of real estate job appointments and resignations. JLL boosts Japan data centres expertise Real estate agency JLL expanded its Japan data centre advisory solutions business…
Sino-Ocean unlocks liquidity with sale of Beijing project
PROPERTY investment company and developer Sino-Ocean has sold its interest in a Beijing project for RMB3.875 billion (approximately USD$534 million) after acknowledging the difficulties in obtaining finance due to the…
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…
LVGEM sell and leaseback Shenzhen shopping mall
REAL estate developer and investment company LVGEM has taken steps to improve its financial position by selling and leasing back a Shenzhen shopping centre for RMB813.87 million (approximately USD$112 million).…
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