Hong Kong

Luxury Hong Kong home expected to fetch HKD$80m

A RARE and luxurious detached house in Hong Kong’s New Territories is on the market with an indicative price of HKD$80 million (approximately USD$10.2 million). Savills has been appointed as…

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GLP expands China logistics and data centres business

GLOBAL alternative asset manager, GLP Capital Partners continues to show strong confidence in China’s logistics…

GIC withdraws US$1bn Seoul sale amidst political uncertainty

SINGAPORE’S sovereign wealth fund GIC and CBRE Group have pulled the plug on their proposed…

Empyrion Digital makes foray into AI-ready centre in Taiwan

DIGITAL infrastructure player Empyrion Digital has joined forces with Giga Computing, a subsidiary of GIGABYTE,…

Singaporean sells Shanghai commercial office

SINGAPORE diversified real estate investment trust OUE REIT has sold its interest in a commercial…

Lasted Hong Kong

Chinachem makes HK$1bn winning bid for Sha Tin

HONG Kong’s real estate market has received a much needed boost with Chinachem paying a premium HK$1.021 billion (approximately US$128…

Hongkong Land to unlock US$10bn in residential exit

PROPERTY developer Hongkong Land has unveiled a bold shift in strategy to exit the build-to-sell residential across Asia to unlock…

Hong Kong property bounces back strongly

GREEN shoots are emerging in Hong Kong’s property market following a sharp recovery in October with sales surging by 52.4%…

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Shanghai, China Universal Global…

Emperor Entertainment sells HK hotel

EMPEROR Entertainment Hotel has divested a Hong Kong serviced apartment for HK$701 million. The property was acquired by Spring Investment…

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…

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…

Prime office rents stabilising

PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering the region’s…