China

Foxconn expands in China

FOXCONN, one of Apple’s largest suppliers and manufacturing partners, has acquired a strategic site in Zhengzhou, the capital of Henan Province in central China. The company has acquired the leasehold…

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Lasted China

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…

China property prices need to fall by 40% to restore balance

WITH average rental yields of 1.5% across top-tier cities and a glut of unsold housing stock, China’s property market recovery…