Room for growth in living sector
THE living sector in Asia Pacific presents significant opportunity for investors looking to diversify their portfolios across the region, with multifamily or build-to-rent becoming the most sought after asset class.…
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Recent News
Navanaami plans twin skyscrapers in the City of Pearls
PROPERTY developer Navanaami Projects Private Ltd has drawn back the curtains on its crowning jewel project, Megaleio, in Hyderabad, the City of Pearls in India. The RERA-approved project (PO2400007676), Megaleio…
Foreign property investors return to Phuket
PREMIER leisure destination Phuket is witnessing a resurgence, attracting affluent overseas property buyer as Thailand’s largest island is expecting a tourism boom with revenue set to hit 400 billion baht…
DWS senior Asia Pacific appointment
DWS has announced that Matthias Naumann has been appointed to the position as Chief Investment Officer (CIO) Real Estate for Asia Pacific based in Sydney relocating from DWS’ Frankfurt headquarters. …
Korean VC shows confidence in Asia long-stay sector
SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn, long-stay rental homes provider, looking to capitalise on the 60 million young…
Megawork unveils estate and golf course in Lian Batangas
THE Philippines leading township developer Megaworld is planning to develop a 150-hectare beachside property in Lian town, Batangas into a residential village estate with an 18-hole golf course. Through its…
Tokyo luxury property rents rise, Singapore decline
DESPITE healthy economic growth and its status as Asia’s financial capital, Singapore’s luxury residential property rents have slumped whilst Japan’s capital city continues to perform. According to Knight Frank’s latest…
Philippines on course to become economic powerhouse
PHILIPPINES economy will triple in size over the decade to become a major economic titan like China, Japan, India, and South Korea, according to Department of Finance (DOF) Secretary Ralph Recto.…
Japanese department store Isetan expands in Bangkok
JAPAN'S largest department store group Isetan Mitsukoshi is expanding its brand in Bangkok, taking advantage of the growing popularity of Japanese culture in Thailand. Isetan has formed a strategic partnership…
US manufacturer rewires supply chain with Malaysian facility
UNITED States Illinois-based electrical and network infrastructure manufacturer Panduit is fortifying its supply chain by opening a new plant in Johor Bahru, Malaysia. Spanning 25,083 square metres, the facility is…
China’s property rescue plan to stabilise market
ALTHOUGH China’s new property rescue plan is expected to stabilise market the financial position of construction projects, uncertainty remains on the demand side, according to analysts. Beijing new policy includes…
Rockefeller sells in Shanghai
NEW York based Rockefeller Group has sold a pair of office buildings on Shanghai’s Bund waterfront to insurance group ZhongAn Online P&C Insurance for RMB 1.44 billion ($USD198.5 million). ZhongAn Online…
Korean hotels a top performer, CBRE report
ROBUST domestic and international demand have cemented Korea’s status as one of the top performing hotel markets in Asia Pacific over the past two years, according to CBRE’s Asia Pacific…
Knight Frank SG to auction prized property
KNIGHT Frank Singapore is auctioning a freehold Good Class Bungalow (GCB) land plot in the upmarket neighbourhood of District 10 on May 30 at One Raffles Quay. Situated in an…
TPG Angelo raises $USD8 billion on back of Westin Yokohama buy
NEW YORK based investment group TPG Angelo Gordon has bought majority shareholding in Westin Yokohama for around 11.5 billion yen $USD70 million. TPG Angelo Gordon acquired a 95% quasi co-ownership…
Philippines office market resilient says Colliers
THE Metro Manila office vacancy continued to avert the 20% level vacancy amid new supply and space surrenders from non renewals and rightsizing of notable occupiers, according to the latest…
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