Taeyoung divests Seoul HQ as part restructuring
DEBT distressed Korean builder Taeyoung Engineering & Construction Co has sold its headquarters in Seoul to shore up its books. The property was purchased by TY First Corporate Restructuring Real…
Just for You
Recent News
Luxury Tokyo resort change hands for over US$692m
JAPAN’S strong tourism industry continues to encourage investment in hotels with a large upscale resort on the artificial island of Daiba in Tokyo Bay selling for more US$692 million. Real…
Chinese developers plan to repay creditors already hit a snag
DEBT distressed property developers Sunac China and Sino-Ocean Group have announced restructuring measures to pay back its creditors. But Sino-Ocean’s plan to raise US$4 billion is already facing revolt from…
Yuexiu Property lobs US$350m winning bid for Beijing site
THE Guangzhou Government-backed property developer Yuexiu Property has purchased a significant land in one of Beijing’s rapidly growing districts for RMB 2.53 billion (approximately US$354 million). Yuexiu through a strategic…
UOL and CapitaLand join forces for S$810m deal
SINGAPORE’S billionaire Wee family-backed developers UOL Group and Singapore Land (SingLand) have teamed up with CapitaLand have teamed up to acquire the Thomson View Condominium from homeowners for S$810 million,…
Kumho accelerate expansion in Korea
CHINESE-owned South Korean tire manufacturer Kumho Tire has acquired a new site for over KRW116 billion (approximately US$84 million) with plans to develop a new manufacturing plant. Kumho bought the…
HK CRE brokers roll sleeves up as sales heat up
AGENTS Knight Frank and Savills in Hong Kong are marketing several properties as prospective buyers return to the market following a relaxation of the LVR ratio by the Hong Kong…
Modest rental growth outlook for Singapore retail market
PRIME retail rents in Singapore have begun to plateau amid cost pressures and are projected to rise by a modest 2% to 4% by the end of 2024. According to…
ESR taps into credit appetite for South Korea
ASIA Pacific real asset manager ESR has successfully raised US$325 million for its inaugural real estate credit investment platform in South Korea, to take advantage of a shortage in financing…
Keppel connects to Taiwan data centre
SINGAPOREAN global asset Keppel has made a strategic move to ride on the tailwinds of Artificial Intelligence (AI) and semiconductor boom with its first data centre project in Taiwan. Keppel…
PGIM and Elevate Capital confirm Stamford Court buy
GLOBAL asset manager PGIM Real Estate in a joint venture with Elevate Capital, have confirmed the acquisition of Stamford Court, and plan to transform the asset into a co-working hub…
Ascott China asset-light strategy blossoms with TULIP LODJ
CAPITALAND’s lodging business unit, the Ascott has entered into a joint venture with China’s largest hotelier, Jin Jiang Hotels, to pursue an asset-light expansion in the PRC through the TULIP…
Swire Properties launches maiden residential project in PRC
REAL estate developer Swire Properties is set to make a splash in the Chinese real estate market with the launch of its first residential project in the Mainland, the Lujiazui…
KDX divest two older offices
KDX Realty has sold two aging office buildings in Tokyo and Osaka for over JPY3.6 billion. The trust has sold the KDX Monzen-Nakacho Building for JPY1.60 billion and KDX Kitahama…
Daito expands with takeover of Housecom
IN a strategic move aimed at consolidating its market presence, Tokyo-headquartered builder Daito Trust Construction will acquire real estate brokerage firm Housecom. Daito’s acquisition aligns with its “Vision 2030” initiative—a…
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.