China
Bank of Chengdu pays $250m for new HQ
AFTER outgrowing its current offices, the Bank of Chengdu (BoCD) has reached an agreement to buy its future headquarters for around US$ 250 million. BoCD will buy the newly built…
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GLP expands China logistics and data centres business
GLOBAL alternative asset manager, GLP Capital Partners continues to show strong confidence in China’s logistics…
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…
Lasted China
Developers plot counter cyclical play in China
OPPORTUNISTIC property developers are taking advantage of market conditions in China, swooping on major sites in Tier 1 cities such…
Sunac sells 40 projects across China for RMB3.2bn
FOLLOWING its plans to raise HK$2.1 billion, Tianjin-based property developer Sunac China has exited 40 development projects due to ongoing…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Shanghai, China Universal Global…
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…
Innolux makes significant profit from Nanjing sale
LCD manufacturer Innolux Corporation has sold a major manufacturing facility in Nanjing, the capital of Jiangsu Province in eastern China…
Chinese developers plan to repay creditors already hit a snag
DEBT distressed property developers Sunac China and Sino-Ocean Group have announced restructuring measures to pay back its creditors. But Sino-Ocean’s…
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 Beijing’s rapidly growing districts for…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Johor, Malaysia Mould and…