Thai hotelier expands in the Philippines
THAILAND’S leading hotel and property development companies, Dusit International, has increased its presence in emerging cities in the Philippines, with two new properties in Northern Mindanao. Dusit has signed hotel…
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Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Land Bintulu, Malaysia Sarawak Consolidated Industries has acquired a 7.35-hectare parcel of land located along…
Compass Offices follows direction to WTC
COMPASS Offices is capitalising on demand for flexible workspaces in Tokyo with a new location within the new World Trade Centre precinct in the Minato ward. Set to open in…
Companies scramble in Southeast Asia to avoid Trump tariffs
DEMAND, rents and the value of industrial and logistics real estate across Southeast Asia is poised to skyrocket as companies begin scrambling for space ahead of President-elect Donald Trump taking…
GDS invests US$1bn in Thailand digital infrastructure
HOT on the heels of its massive investment in Malaysia, global digital infrastructure player GDS International, will expand into Thailand by investing US$1 billion to build a hyperscale data centre…
Seoul swims in the right direction with KRW430bn sale
A MAJOR property located next to a swimming pool and sports complex in Seoul’s expensive Seocho District has sold for KRW430.11 billion (approximately US$305.24 billion), in further signs that capital…
CapitaLand unlocks Collyer Quay for S$688m
THE CapitaLand Integrated Commercial Trust (CICT) has sold a landmark Singapore office building with a 999-year leasehold for an auspicious figure of S$688 million. Located in Singapore’s central business district,…
Parkston Retail shows strong confidence in China
DEPARTMENT store operator Parkson Retail Group has secured its long-term presence in China by renewing its mall leases for almost 80,000 sqm of space in Shanghai and Nanning, as leasing…
Singapore retail vacancies fall to 10-year low
AGAINST a backdrop of economic uncertainties and muted sales, Singapore’s retail market is showing encouraging signs with the vacancy rate falling to 6.5%, the lowest level in a decade, and…
Loadstar Capital secures triple treat
JAPAN’S booming tourism industry continues to fuel investment in the hotel market with Loadstar Capital buying three properties in Tokyo and Kanagawa. The acquisitions include: Property 1: A hotel located…
Samsung gets new lease on life in Gangnam
LOOKING to capitalise on favourable office leasing conditions, insurer Samsung Life Insurance has signed a new major agreement in the heart of the Gangnam district. Samsung Life Insurance will occupy…
Mah Sing continues to drive forward with TOD development
MALAYSIAN property developer Mah Sing Group has snapped up a development site in Kuala Lumpur, to deliver a new MYR660 million transit-oriented development (TOD) project. Mah Sing has acquired a…
Local developer and Singaporean to deliver Vietnam’s first ESG complex
VIETNAMESE property developer, The One Destination, is living up to its name by unveiling plans to build the country's first ESG real estate complex in Da Lat, in a partnership…
EcoWorld expands in Klang Valley
PROPERTY developer EcoWorld Malaysia has acquired a significant site in the Semenyih corridor for MYR742.4 million (approximately US$167 million), marking the next phase of its expansion in the Klang Valley.…
LVMH fashion sustainability trend in retail
LUXURY giant LVMH and developer Swire Properties have joined forces to advance the ESG performance in LVMH’s stores, offices, and food & beverage locations across China and Hong Kong. Officially…
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