August 2013 | Asia Property

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Foreign real estate players book return passage to India

Qatar Investment Authority joins other wealth funds and private equity firms in launching Indian ventures  Foreign interest in Indian real estate is reviving, with a number of investors allocating...


Could Fudo bid for independence from new Chinese masters?

Will there be staff fallout at CLSA, the broker bought by China’s CITIC Securities last month? There are always staff losses after a takeover, although the current economic climate will encourage...


New landlord’s programme may not be compatible with Apple

South Korean asset manager KDB Daewoo Securities last month bought part of Apple’s Cupertino HQ for $120m, in its first US real estate investment. We wonder if Apple might have...


UK recruit gets call-up to fight Kwoks’ army of lawyers

Hong Kong prosecutors were forced to apply for special permission to recruit a UK barrister to make the case against Sun Hung Kai’s Kwok brothers, who will be in court...



Government efforts to curb soaring house prices in China and South East Asia have been largely ineffective, while foreign buyers often face a high tax burden. But Japan’s rented sector...


Shanghai Greenland buys into LA project

State-owned developer is latest Chinese firm to invest in US, via $1bn stake in Los Angeles mixed-use scheme  Shanghai Greenland is to invest $1bn in a mixed-use development project in...


Country Garden grows beyond China with Malaysian project

Resi scheme in Iskandar worth $3bn is developer’s first solo non-Chinese venture  Country Garden Holdings is to develop a residential project in southern Malaysia, its first wholly owned development outside...

Companies & People

Ness to head DTZ’s North Asia research

DTZ has appointed Andrew Ness, a previous head of Asia research for CBRE and more recently a consultant at the Urban Land Institute, as head of North Asia research. He...


Few markets can sate Asian institutions’ appetite

When AsiaProperty launched five and a half years ago, it was thought that its major focus would be European and US investment in this region. However, since 2008, the world...


Logistics starts to deliver for investors

The rise o fan affluent class of shoppers is feeding the growth of Asia’s increasingly sophisticated logistics sector, with high tenant demand for a new wave of modern, top-quality assets...


AsiaProperty Capital Raising Update

Mapletree has launched a second opportunity fund targeting diversified investments in China


GE offloads Australian offices to Blackstone

Blackstone Group has bought a seven-property office portfolio in Australia from GE Capital Real Estate for A$300m ($269.2m). The properties include two in Sydney, two in Brisbane and one each...


Fung bets on mega Casino for Cairns

A Hong Kong investor plans to build a A$4.2bn ($3.7bn) casino resort in Queensland, Australia. The Queensland Government has approved first-stage plans by Tony Fung, son of Sun Hung Kai...


Asian operations give CBRE and JLL Q2 boost

Improved Asia Pacific revenues boosted Q2 performance for CBRE and Jones Lang LaSalle. CBRE’s Asia Pacific revenue was $233.1m, an increase of 16% from $201.2m for Q2 2012. “The increase...