China
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 the first quarter of 2024. The index registered a 3.2%…
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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
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…
Asia Pacific capital markets turning the corner
COMMERCIAL real estate investment volumes have recovered from the 2023 downturn. According to JLL’s data, CRE volumes increased by 2%…
Evergrande sues founder and executives to recover $6bn
CHINA Evergrande, the world’s most indebted property developer and under liquidation, is taking legal action against its founder and former…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Development site and land Bangkok,…
OCT buyout Shanghai partner for US$ 283m
A SUBSIDIARY of China state-owned enterprise Overseas Chinese Town (OCT Ltd) has bought out its sister company’s interest in a…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Kunming, China Parkson Retail…