April 2014 News In Brief | Asia Property

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April 2014 News In Brief

Published on April 12th, 2014

Galaxy plans to make Hengqin resort a star Chinese attraction Casino operator Galaxy Entertainment Group plans to invest RMB10bn ($1.61bn) in a luxury resort project in Hengqin, an island in…

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Comment

A collapse or two is no cause for concern

You don’t get to be China’s largest listed residential developer by being stupid, so it is worth paying attention to recent pronouncements by the leadership of China Vanke. The received...

Market Talk

APRIL 2014 MARKET TALK

“We are approaching a period of rental growth all over the regIon” Jeremy Sheldon, JLL’s head of Asia pacific markets, gets excited about the region’s occupier market at a hong...

Companies & People

COMPANIES & PEOPLE

Verwer fills top spot at APREA Peter Verwer has been appointed chief executive of the Asia Pacific Real Estate Association (APREA) and will take up the post at the start...

News

Maeda quits PREI in Japan for role with Deutsche

Koichiro Maeda has left Prudential Real Estate Investors and is understood to be joining Deutsche Asset & Wealth Management. Maeda was managing director and portfolio manager for PREI (Japan), based...

News

CPPIB joins with China Vanke to inject $250m into residential development across China...

Canada Pension Plan Investment Board has formed a joint venture with China Vanke to invest $250m in China’s residential market. The venture will focus on middle-income residential developments in large...

Research

Jakarta office scarcity fails to boost rents...

Lack of supply continues to be the main story in Jakarta’s office market, but rents are not expected to rise strongly this year. Bank Indonesia projected GDP growth at between 5.5%...

Survey

KOREA

It may take 18 months until oversupply in Seoul’s office market is absorbed and international investors return. Domestic institutions looking abroad, meanwhile, are running out of affordable core assets  Korea...

News

Grosvenor and Harvest JV changes tack

CEO departs as venture changes focus from launching China funds to advising Chinese investors overseas  Grosvenor Fund Management and Harvest Fund Management have shifted the focus of their China joint...

News

Cathay tipped for City office purchase as Asian insurance companies chase big London deals

Asian insurance companies are moving in on large acquisitions in London’s office market. Cathay, advised by CBRE, has been linked with a £400m ($668.8m) approach for City office building The...

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