China
Evergrande sues founder and executives to recover $6bn
CHINA Evergrande, the world’s most indebted property developer and under liquidation, is taking legal action against its founder and former executives, in a bid to recover US$ 6 billion. Evergrande…
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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…
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…
Swire unveils landmark Shanghai development
SWIRE Properties has teamed up with Lujiazui Group for a new mixed-use development in the heart of Shanghai’s Pudong New…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Hong Kong Shop A&B…