TUAN Sing has assumed ownership of the Fraser Residence River Promenade, a newly completed mixed-use precinct at Jiak Kim Street, along the Singapore River. The company bought the property in…
SWIRE Properties has teamed up with Lujiazui Group for a new mixed-use development in the heart of Shanghai’s Pudong New Area. The Lujiazui Taikoo Yuan project located in Yangjing Riverside,…
PHILIPPINES developer Robinsons Land Corporation (RLC) is planning to develop a prestigious mixed-use development in Taguig City in a partnership with the Bases Conversion and Development Authority (BCDA). Occupying a…
WARBURG Pincus-backed digital infrastructure real estate developer Princeton Digital Group (PDG) has grown its footprint in Singapore. The company has purchased Yahoo’s Singapore data center facility, SG3, a 5,400 sqm…
PROPERTY developer Guangzhou R&F Properties is considering alternative solutions after missing the interest payments on it US$ 4.53 billion offshore bonds. R&F has missed three payments totalling US$ 147 million,…
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Hong Kong Shop A&B at Nos. 444 - 452 Des Voeux Road West, Hong…
DEVELOPER Wheelock Properties has acquired an industrial property on Hong Kong Island for HK$ 728 million (approximately US$ 93.46 million). The property was acquired via a compulsory auction. The Hop…
OFFICE and retail property owners in Singapore are increasingly considering the stratification of their assets to capitalise on the smaller businesses and private wealth groups-led demand. Knight Frank’s latest Singapore…
REAL estate manager LHN has recycled its significant profit from a car park sale into Singapore’s burgeoning co-living sector. LHR has acquired Wilmer Place at 50 Armenian Street in 50:50…
LISTED property developer Oberoi Realty has received approval to buy Mumbai-based Nirmal Lifestyle Realty from creditors for Rs 273 crore (approximately US$ 32.51 million). The Mumbai Law Tribunal approved the…
THE Nomura Real Estate Master Fund has snapped up a prime hotel in Hokkaido, as Japan’s tourism industry aims to welcome 60 million international visitors by the end of the…
MACQUARIE Asset Management, the world’s largest infrastructure manager, is increasing its exposure in digital infrastructure with the acquisition of a data centre in South Korea for KRW 734 billion (approximately…
PHILIPPINES’ Filinvest REIT (FILRT), continues to lead the way in sustainability, announcing that 16 out of its 17 buildings, comprising 94% of its portfolio, are now fully powered by renewable…
COMMERCIAL real estate investment volumes have recovered from the 2023 downturn. According to JLL’s data, CRE volumes increased by 2% over the 12 months to Q2 2024 totalling US$ 27.3…
INDUSTRIAL and logistics J-REITs, the Mitsui Fudosan Logistics Park and Advance Logistics have announced a merger to create a US$ 4 billion entity. Under the proposal Mitsui Fudosan Logistics Park…
CHINA Evergrande, the world’s most indebted property developer and under liquidation, is taking legal action against its founder and former executives, in a bid to recover US$ 6 billion. Evergrande…
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