China
Investors approve US$112m mall sale
INVESTORS in China LVGEM have approved the sale of Hongwan Shopping Mall in the Guangdong province for RMB 813.87 million (approximately US$ 112.22 million). The purchaser is Shenzhen LVGEM. Located…
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CapitaLand win gold from Olympic Tower Tianjin sale
LODGINGS owner CapitaLand Ascott Trust has sold the Somerset Olympic Tower Tianjin in China, at above book value. CLAS did…
Gaolu and Black Kite fly higher in China
CHINA’S leading logistics players Gaolu Group and Black Kite Property will join forces, which will position them to take advantage…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Gyeonggi-do, South Korea SK…
Japan leads APAC hotel investment boom
A MORE favourable interest rate environment will underpin hotel investment activity across Asia Pacific, which is tipped to total $12.2…
Knight Frank appoints Virginia Huang in China
KNIGHT Frank has hired Virginia Huang as the new managing director, North and East China based in Shanghai. Huang joins…
Jinmao checking out of 5-star Hilton resort for over US$250m
STATE-backed property developer China Jinmao is selling China’s first Hilton resort for over US$250 million. The developer, which is a…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Suzhou, China Financing provider…
Sino-Ocean give offshore creditors good news
OFFSHORE creditors of Chinese state-backed property developer Sino-Ocean have received positive news. In a market update, the company said as…