STACK scales up in Asia Pacific
GLOBAL digital infrastructure developer STACK Infrastructure has launched into Malaysia, Asia Pacific’s fastest-growing data centre market. The launch into Malaysia will expand STACK’S presence in the region, where it already…
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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).…
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…
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…
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…
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…
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…
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