China
Market gives Midea spin off a thumbs up
CHINESE developer Midea Real Estate Holdings received positive reaction from the market about its proposed plans to spin off the property development business. The company’s stock price jumped by 70%…
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ESR China REIT raises over RMB2.1bn
ASIA PACIFIC new economy real asset manager, ESR has successfully launched its logistics-focused ESR China REIT on the Shanghai Stock…
Parkson commits to Liupanshui despite uncertainty
PARKSON Retail Group has inked a new 10-year lease agreement with Guizhou Hanhua Real Estate Development Co., Ltd. for its…
Kerry Properties snaps up Wuhan site for US$667m
MALAYSIAN business magnate Robert Kuok’s real estate development business Kerry Properties has strengthened its land bank in Wuhan, China with…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Guangzhou, China Universal Technologies…
CDL non-core divestments yield over S$600m
CITY Developments Limited (CDL) has sold over S$600 million worth of investments as part of its strategic capital recycling initiative.…
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…