China

LVGEM sell and leaseback Shenzhen shopping mall

REAL estate developer and investment company LVGEM has taken steps to improve its financial position by selling and leasing back a Shenzhen shopping centre for RMB813.87 million (approximately USD$112 million).…

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Keppel connects to Taiwan data centre

SINGAPOREAN global asset Keppel has made a strategic move to ride on the tailwinds of…

ESR taps into credit appetite for South Korea

ASIA Pacific real asset manager ESR has successfully raised US$325 million for its inaugural real…

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…

Daito expands with takeover of Housecom

IN a strategic move aimed at consolidating its market presence, Tokyo-headquartered builder Daito Trust Construction…

Lasted China

China relations help Singapore investment

CROSS-border investment in Singapore strengthened significantly in the first quarter of 2024, rising 22.8% above the 10-year average, according to…

CapitaLand sells Shanghai Ascott

SINGAPORE developer CapitaLand has sold a serviced apartment property in Shanghai’s Xuhui district to a mainland investor for around RMB…

Asia Pacific office rents continue to fall

OFFICE rents across the Asia Pacific continue to decline, according to the latest Knight Frank Prime Office Rental Index for…

Asia Pacific commercial sees 13% jump

JLL report that the Asia Pacific was the only region globally to see growth in commercial real estate investment in…

Florida ban on Chinese buyers goes to Federal Appeal

A FEDERAL appeals court will this week hear an to block a controversial Florida law signed last year that restricts…

Chinese developer avoids default – just

GUANGZHOU-based developer R&F Properties avoided default on a £800 million project loan for its One Nine Elms development in southwest…

Asia Pacific appetite for flexible workspace continues to grow

DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…

China’s second largest developer ratings downgraded… again

CHINESE homebuilder China Vanke has had its rating downgraded by credit agency Fitch, a week after it emerged that the…