China
Evergrande sues founder and executives to recover $6bn
CHINA Evergrande, the world’s most indebted property developer and under liquidation, is taking legal action against its founder and former executives, in a bid to recover US$ 6 billion. Evergrande…
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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…
Sumitomo Mitsui and Kenedix invest in Conrad Seoul
JAPAN’S Kenedix and Sumitomo Mitsui Finance and Leasing Company have joined forces to capitalise on…
Lasted China
China Jinmao sells site to stave off liquidators
CHINESE authorities have continued to their buyback programme for land where developments have stalled, paying RMB 781 million (approximately US$106…
GLP expands China logistics and data centres business
GLOBAL alternative asset manager, GLP Capital Partners continues to show strong confidence in China’s logistics and digital infrastructure sectors. GLP…
Singaporean sells Shanghai commercial office
SINGAPORE diversified real estate investment trust OUE REIT has sold its interest in a commercial office building, Lippo Plaza in…
China’s first Hilton resort sells for $US254m
CHINA’s hotel investment markets is poised to finish the year on a high with the sale of the country’s first…
Shenzhen site sells for US$2.55bn
SHENZHEN’S strategic location continues to attract property developers following the leasehold sale of a prime development site for US$2.55 billion.…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Office Singapore Hong Fok Corporation…
CRRC on the move in Qingdao
RAIL transit manufacturer CRRC has expands its presence in Qingdao, acquiring several properties which will serve as the new base…
Developer pays US$1bn to secure strategic landbank in Shanghai
REAL estate developers continue to stockpile and landbank for the next cycle in China, with a major Shanghai site changing…