News In Brief | Asia Property

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News In Brief

Published on March 1st, 2013

MGPA fund swoops for new j-Tower Shanghai office block MGPA has bought j-Tower, a recently completed grade A office building in the Jiading district of Shanghai, for RMB263.5m ($42.3m). The…

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Diary

March Diary

Big Apple’s brokers may be on course to crack Chinese market How important are Chinese buyers? In New York, they are so important that the New York University School of Continuing...

ASEAN focus

Jakarta is hot 2013 destination, but foreign players have yet to land

Previous economic and political instability in Indonesia has spooked overseas investors, but the rise of a strong democracy and growing middle-class markets is tempting property players to overcome their fears ...

Research

Key Data: Listed Sector

• Asia was February’s best- performing region for listed real estate stocks, returning 5.4%, the FTSE EPRA/NAREIT Developed Asia Index showed. This compared with a 4.7% return for the North...

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Asian office rent stipped for 2013 growth

Despite weakening demand in the second half of 2012, Asia Pacific office markets are broadly in the landlord’s favour, with a promising 2013 outlook, according to DTZ. The broker’s Property Times Asia...

Companies & People

COMPANIES & PEOPLE

Manila tie-up builds Savills’ Asian arm Savills has expanded its presence in South East Asia by forming a new association in the Philippines with KMC MAG Group. Based in Manila,...

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News In Brief

Taipei office floors change hands as Shin Kong Life sells stake Shin Kong Life Insurance Co has sold its 37% stake in a Taipei office building on Dunhua South Road...

News

Asian funds pack faces tough capital hunt

Preqin reports growing appetite for funds after weak 2012, but supply of Asian vehicles still outstrips demand Asian real estate investment managers are finding little thawing in the capital markets...

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