China

Developer pays US$1bn to secure strategic landbank in Shanghai

REAL estate developers continue to stockpile and landbank for the next cycle in China, with a major Shanghai site changing hands for over US$1 billion. The Guangzhou Government-backed property developer…

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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

IHG brings luxury Kimpton hotel to Shanghai

GLOBAL hotelier InterContinental Hotels Group (IHG) is expanding the Kimpton brand in China after signing a deal with developer Hang…

ESR sells China logistics portfolio for US$814m

AGAINST the backdrop of a challenging capital market in China, ESR has succeeded in selling over RMB5.8 billion (approximately US$814.83…

Centurion launches into China build-to-rent sector

SINGAPORE’S workers and student accommodation developer Centurion Corporation has turned its focus to China’s build-to-rent market with a new venture…

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Johor Bahru, Malaysia Property…

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)…

China CRE investments fall to lowest level in seven years

CHINA has recorded its lowest level of commercial real estate investments sales in seven years with office transactions recording its…

Investors back CapitaLand’s China business park strategy

SINGAPORE-listed CapitaLand Investment has raised RMB1.2 billion (approximately US$167.9 million) to invest in the business park sector in China, and…

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Phra Nakhon Si Ayutthaya…