WORLD NEWS IN BRIEF | Asia Property

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WORLD NEWS IN BRIEF

Published on February 1st, 2013

Brazil boosts property market by axing REIT tax for foreigners Brazil has exempted foreign investors from paying a financial transaction tax when buying shares in REITs. “The objective is to…

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Diary

February Diary

GFM faces uncertain future after losing its head in Asia What is happening at Grosvenor Fund Management? No replacement has been announced yet for departing Asia Pacific head Morgan Laughlin....

Company Profiles

IPD

Pioneering benchmarking service Investment Property Databank has gained the resources for Asian and global expansion following its purchase by listed US data provider MSCI  Major expansion in Asia is set...

ASEAN focus

Malaysian property retains power despite election jitters

Fears about a change of government have slowed Malaysia’s property market, but strong economic and infrastructure growth are likely to drive long-term development whatever the political outcome  Good, but could...

News

Lenders step up loans to China’s recovering property sector

Loans to China’s property sector accelerated in Q4 2012 as the industry showed signs of recovering, official figures show. Chinese and foreign lenders’ outstanding yuan-denominated lending to property rose 12.8% year-on-year to...

News

Sony set to raise $2.5bn in Tokyo and New York disposals

Sony has put one of its main Tokyo buildings on the market with a ¥130bn ($1.4bn) price tag. The electronics manufacturer is selling the 25-storey Sony City Osaki building as...

Analysis

SIngapore’s 10 PrInciples for hIgh-density development

● 1. Plan for long-term growth and renewal Singapore’s urban planners do not view a planning time horizon of 50 years as too long; they look at development as well as...

News

China Vanke enters Hong Kong via New World

China Vanke, China’s biggest property developer by market value, has made its Hong Kong debut, acquiring a waterfront residential site with Hong Kong’s New World Development. The consortium beat seven...

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