September News in Brief | Asia Property

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September News in Brief

Published on September 14th, 2015

Sunac shake-up sees chairman relinquish joint role as CEO Chinese developer Sunac Holdings’ chairman and chief executive Sun Hongbin has stepped down from the CEO role to focus on his…

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Comment

Property may not be devalued by China crisis

Does the stock market upheaval in China and the recent devaluation of the currency represent a threat or opportunity for cross-border real estate investors? Taking the stock market first, the...

Company Profiles

BLUE SKY GROUP

The Dutch pension fund manager is carrying out an Asian property investment campaign across the risk spectrum, investing in funds targeting core and value-added/opportunistic returns Blue Sky Group is firing...

Companies & People

COMPANIES & PEOPLE

Swerdlow becomes Asia CEO as CBRE reshuffles senior team CBRE has reshuffled its senior management and appointed a new Asia Pacific chief executive. Danny Queenan has moved from his previous role as CEO, CBRE Asia...

News

Chinese manager Cinda takes GuocoLand’s Beijing project

China Cinda Asset Management has agreed to buy a Beijing development from GuocoLand for RMB10.5bn ($1.64bn). The Guoson Centre in the city’s Dongcheng district comprises shopping centres, an office building...

Analysis

Asia can handle fragile China

The expert panel at AsiaProperty’s latest roundtable event identified good opportunities to deploy capital in selected Asian markets, the consensus being that the region’s underlying property fundamentals are strong enough...

World News

China’s currency devaluation won’t damage property, analysts believe

China’s currency devaluation will not deter its investors from buying real estate overseas, brokers claim. Last month, the renminbi devalued by 3.1% against the US dollar, the largest five-day movement...

News

Goodman cashes in on $150m data centre

Goodman Group is selling a Hong Kong data centre as it recycles capital in a strong industrial market. The industrial specialist is selling a data centre with a long- term...

News

Ascendas to pay GIC $1.1bn for Australian industrial assets

Singaporean wealth fund achieves high price for in-demand industrial portfolio GIC Real Estate is to sell its Australian industrial assets to fellow Singaporean company Ascendas. The Singaporean sovereign wealth fund...

Research

Key data: DTZ Fair Value Index

● The Asia Pacific property market continues to offer investors good opportunities. The DTZ Asia Pacific Fair Value Index rose to 58 in Q2, from 54 in Q1 (a score...