China Overseas property sales fall by 33pc
HONG Kong-based real estate developer China Overseas has reported weaker property sales across its businesses in the year to May 2024. Property sales by value totalled RMB19.700 billion, reflecting a…
Just for You
Recent News
Sunac China restructures debt, other developers set to follow
IN a hopeful sign for the Chinese real estate sector, one of the largest developers in the People’s Republic, Sunac China, has successfully restructured its onshore debt. The restructuring was…
Shinagawa office tower defies uncertainty
A HALF stake in the Shinagawa Seaside West Tower in Tokyo has traded for a premium price of JPY12.44 billion (approximately US$80 million) despite the imminent departure of its largest…
Conglomerate lands Greater Seoul warehouse for US$157m
AN industrial and logistics facility in Incheon has been snapped up for KRW225 billion (approximately US$157 million) South Korean conglomerate LX International has acquired the property located at 393-50,51 Wonchang-dong,…
Manufacturing support Singapore I&L but cost pressures rising
THE Singapore industrial and logistics market remains resilient in the fourth quarter of 2024 in the face of global challenges, driven by the manufacturing sector. While growth slowed compared to…
Japan hotel sector kicks off 2025 with triple treat
JAPAN’S booming hotel sector continues to ride the momentum throughout 2024, starting 2025 strongly with almost JPY11 billion (approximately US$70 million) of properties changing hands. ORIX JREIT and Hoshino Resorts…
United Urban reweigh portfolio
UNITED Urban has rearranged its real estate portfolio with the sale of a retail property and the acquisition of three new assets, worth over JPY10 billion. United Urban has sold…
Under liquidation pressure Shimao discount HK hotel
REAL estate developer Shimao and its joint venture partner Mingfa Group (International) have put their iconic Sheraton Hotel in Tung Chung back on the market with a 25% discount, as…
Major US$660m park proposed in Negeri Sembilan
THE Negeri Sembilan state government’s NS Corporation has teamed up with SD Guthrie and EcoWorld to jointly develop a MYR2.95 billion (approximately US$660 million) industrial park near the Kuala Lumpur…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Guangzhou, China Universal Technologies Holdings has leased expanded its footprint within the Dongshan Jinxuan…
Samsung FN new acquisition scores tenant coup
THE Samsung FN REIT’s decision to buy the Pangyo Building in Seoul’s most populated district of Gyeonggi, has paid off after securing a major tenant to occupy the entire property.…
Miramar Hotel check-in after Henderson Land checks out
HOTEL chain Miramar Hotel and Investment has acquired an aging building in Tsim Sha Tsui from property developer Henderson Land for HK$3.12 billion (approximately US$400 million). The deal follows Henderson…
HK university sets sail for harbourfront office
THE Hong Kong Metropolitan University (HKMU) has completed the HK$2.65 billion (approximately US$280 million) acquisition of the Cheung Kei Center in Kowloon. HKMU acquired the property late last year in…
ESR and CloudHQ reach new heights in Japan
ESR and global data centre provider CloudHQ have struck a deal at ESR’s US$2 billion Cosmosquare Data Centre campus in Nanko Kita in Japan’s second largest city of Osaka. ESR…
CDL non-core divestments yield over S$600m
CITY Developments Limited (CDL) has sold over S$600 million worth of investments as part of its strategic capital recycling initiative. Key divestments include the retail and office components of Hong…
Samsung sells R&D centre for KRW400bn
SAMSUNG Heavy Industries, one of the world’s leading shipbuilders, has sold its Pangyo Research & Development (R&D) Center in Seongnam in the Gyeonggi province for KRW400 billion (approximately US$280 million).…
Mini Games
Wordle
Guess words from 4 to 11 letters and create your own puzzles.
Letter Boxed
Create words using letters around the square.
Magic Tiles
Match elements and keep your chain going.
Chess Reply
Play Historic chess games.