April News In Brief | Asia Property

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April News In Brief

Published on April 12th, 2014

Blackrock set to offload Kuala Lumpur towers development Blackrock is selling Kuala Lumpur’s twin office tower Intermark development for around MYR2.2bn ($800m). The scheme, developed by MGPA Asia Fund II,…

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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...

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...

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...

News

Barclays tips revival for China developers

Analysts predict sales revival for China developers, as fall in share discounts to net asset value triggers buying Barclays is predicting a rally in China developer stocks after a slump...

World News

UK and US still top choices for Asians targeting foreign property

The UK and US remain the prime focus for Asian investors, speakers at recent Colliers International conferences in Hong Kong and Singapore heard. At the two investor conferences, panels of...

News

April News In Brief

Blackrock set to offload Kuala Lumpur towers development Blackrock is selling Kuala Lumpur’s twin office tower Intermark development for around MYR2.2bn ($800m). The scheme, developed by MGPA Asia Fund II,...

Survey

Seoul revival tempts foreign players back to the party

Domestic investors have driven Seoul’s office market in the past two years, as low yields and oversupply deterred foreign buyers. But international investors look set to return as the occupier...

News

Tata deal makes Tesco the first foreign supermarket into India

UK-based retail chain will run 12 stores in joint venture with Tata subsidiary Trent  Tesco has announced a joint- venture deal with India’s Tata Group to become the first foreign...

News

Gaw leads $928m purchase of Beijing’s Pacific Century Place

A Gaw Capital-led consortium has bought Pacific Century Place in Beijing for $928m from Pacific Century Premium Developments, the real estate arm of Richard Li’s PCCW. “This is a rare...

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