South Korea’s political turmoil shakes confidence

THE recent short-lived declaration of martial law by impeached South Korean President Yoon Suk Yeol, has knocked the wind out of the sails of Seoul’s recovering commercial real estate (CRE),…

By Nelson Yap 5 Min Read

Just for You

Recent News

CapitaLand eyes Australian private debt market

SINGAPORE’S CapitaLand Investment is expanding into Australia’s burgeoning non-bank lending and private real estate credit sector with the acquisition of Wingate for $200 million. The acquisition is part of CLI’s…

By Nelson Yap 5 Min Read

Royal Orchid Hotels continues to blossom

ROYAL Orchid Hotels, one of India’s fastest-growing accommodation chains, continues to grow by securing new properties across key markets. The company further cemented its foothold in Gujarat by securing the…

By Nelson Yap 2 Min Read

JMF increases interest in Nisshin REIT

THE Japan Metropolitan Fund has increased its stake in the Nisshin Private Residential REIT. JMF has acquired the additional interest for JPY1.186 billion. Upon completion, JMF’s holdings in NSPR will…

By Nelson Yap 1 Min Read

Blackstone makes landmark acquisition in Tokyo

IN a historic move for Japan, Blackstone has snapped up the Tokyo Garden Terrace Kioicho, a landmark mixed-use development in the heart of Tokyo for US$2.6 billion (JPY400 billion, in…

By Nelson Yap 2 Min Read

Global giants reinforce commitment to India

FROM the United States, to the UK and Norway, and Singapore, a who’s who of institutional global powerhouses have piled into Godrej Properties, in the largest ever capital raising by…

By Nelson Yap 3 Min Read

Shenzhen site sells for US$2.55bn

SHENZHEN’S strategic location continues to attract property developers following the leasehold sale of a prime development site for US$2.55 billion. Real estate developer China Overseas Land & Investment has joined…

By Nelson Yap 2 Min Read

SkyWorld soars with Malaysia’s largest affordable housing project

URBAN real estate developer SkyWorld Development has entered into a landmark partnership with Penang Development Corporation and PDC Properties to develop over 35,000 affordable housing units in Penang, in the…

By Nelson Yap 5 Min Read

Pavilion REIT makes double hotel bookings

MALAYSIA’S largest listed retail property owner, Pavilion REIT has diversified its portfolio with the acquisition of two hotels in the heart of Kuala Lumpur’s bustling Bukit Bintang area for MYR480…

By Nelson Yap 3 Min Read

Taiwan insurer swoops on tech park plot

TAIWANESE insurer Taishin Life Insurance has continued to scale its exposure to real estate with the US$165 million acquisition on an industrial plot of land in Taoyuan. Taishin Life Insurance…

By Nelson Yap 1 Min Read

PGF Capital unveils MYR600m project in Kedah high-tech park

MALAYSIAN conglomerate PGF Capital has acquired two parcels of freehold land in Kulim Hi-Tech Park in Kedah, a state in northwest Malaysia, and announced plans to build a MYR600 million…

By Nelson Yap 2 Min Read

Textile manufacturer stitch deal in Vietnam

HONG Kong-headquartered textile and sportswear manufacturer Best Pacific International has acquired a major development site Vietnam as part of its regional expansion strategy. The company has acquired a prime site…

By Nelson Yap 3 Min Read

Global valuation professionals gather for IVSC event in Hong Kong

OVER 200 delegates from more than 30 countries gathered in Hong Kong for the International Valuation Standards Council (IVSC) Annual General Meeting (AGM) 2024. Hosted by the Hong Kong Institute…

By Nelson Yap 3 Min Read

Room for growth in the Philippines for Thai’s Dusit

THAILAND’S leading property development and hotel group Dusit International has strengthened its presence in the Philippines after joining Italpinas Development Corporation (IDC) to launch two upscale hotels to Northern Mindanao.…

By Nelson Yap 2 Min Read

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Office Singapore Hong Fok Corporation has bought five office units within the International Building 360…

By Nelson Yap 16 Min Read

Johor demand soaring to the cloud

JOHOR Bahru’s growing reputation as a key hub for digital infrastructure in the Asia region has been further cemented by the sale of a major consolidated site for MYR120.02 million.…

By Nelson Yap 2 Min Read
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