China

Yuexiu repossesses Guangzhou site for US$700m owed

REAL estate developer Yuexiu Property has repossessed a major land parcel in Guangzhou to recover RMB5 billion (approximately US$700 million) it was owed. Yuexiu Property has reached an agreement with…

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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

Rockefeller sells in Shanghai

NEW York based Rockefeller Group has sold a pair of office buildings on Shanghai’s Bund waterfront to insurance group ZhongAn…

Asia Pacific investors take cautious approach

DELAYS to interest rate cuts and a limited risk appetite have put the recovery in investment activity across the Asia…

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…