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…

By Nelson Yap 5 Min Read

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Recent News

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…

By Nelson Yap 5 Min Read

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…

By Nelson Yap 5 Min Read

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…

By Nelson Yap 4 Min Read

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…

By Nelson Yap 3 Min Read

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).…

By Nelson Yap 2 Min Read

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Kenedix acquires Fukuyama City neighbourhood retail Kenedix Real Estate Fund Management’s KDX Realty Investment Corporation…

By Nelson Yap 5 Min Read

Travellers have more Choice in Japan

NEW York Stock Exchange-listed Choice Hotels International has expanded its presence in Japan by adding 22 properties. The company’s subsidiary Choice Hotels Asia-Pac in conjunction with Choice Hotels Japan have…

By Nelson Yap 3 Min Read

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…

By Nelson Yap 1 Min Read

Japanese group expands in Waikiki

JAPAN’S Financial Partners Group Co has acquired a rare hotel conversation opportunity in heart of Waikiki, Honolulu, Hawaii. FPG has acquired the Hyatt Centric Waikiki Beach, which comprises a 230-rooms…

By Nelson Yap 1 Min Read

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 destination, whilst Ginza Tokyo in Japan placed fifth. According to Savills’ latest…

By Nelson Yap 6 Min Read

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 Management for heavily discounted price of KRW 400 billion (US$289 million), more…

By Nelson Yap 4 Min Read

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 property downturn and loss of wealth has seen the middle class cut…

By Nelson Yap 4 Min Read

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 outstanding senior commercial real estate debt, due to limited asset repricing in…

By Nelson Yap 4 Min Read

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 under-construction development which has attracted a fair share of controversy in recent…

By Nelson Yap 17 Min Read

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 10% interest in a student accommodation property in South Carolina, United States.…

By Nelson Yap 2 Min Read
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