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...

Diary

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...

Diary

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...

Diary

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...

Research

AsiaProperty Capital Raising Update

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

Survey

Family fortunes to be had in Japanese housing

Foreign investors will have to fight off strong domestic competition, especially from J-REITs, to make the most of investment opportunities in Japan’s increasingly attractive rented multi-family housing sector  Improving economic...

Company Profiles

GIC Real estate

A new investment strategy could see the Singapore wealth fund’s property arm back higher-risk projects, after building a solid global presence via partnerships and backing real estate winners  Singapore’s GIC...

Companies & People

Capitaland stays put at Singapore HQ

Singapore-listed CapitaLand Group has axed plans to move to the mixed-use Westgate Tower in Jurong. The company will now centralise all its Singapore business units in its current Capital Tower...

World News

Tax cut for foreign buyers set to trigger US real estate boom

Congress moves to reform ‘antiquated’ property tax code and unleash wave of investment from overseas  Politicians have unveiled legislation that could reduce the tax burden of investors in US real...

News

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...

News

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...

News

China’s CITIC pays $841m to gain full control of CLSA

China’s CITIC Securities has completed the acquisition of CLSA, which includes a real estate investment management boutique. CITIC is paying $841.7m for the 80.1% of CLSA that it doesn’t already...

Research

Supply rise dampens office leasing uptick

Leasing activity improved in Asia Pacific office markets during the second quarter of 2013, according to Cushman & Wakefield, but increased supply kept rents flat in most cities. The regional...

Research

Listed Property Performance v Bonds and Equities, July 2013

New Zealand’s index was the top performer, while Japan’s listed property recovery stalled, with a 2.2% fall for its index   EPRA global real estate performance Asia’s index suffered the...