August 2016 | Asia Property

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Brookfield in pole position to secure IFC Seoul towers

Canadian investor tipped as lead bidder for AIG’s Seoul  complex, in deal that promises to boost Asian market  Brookfield Asset Management is tipped to be named as the preferred...


Grade A space will make up big slice of Indian REITs

India’s real estate investment trust market will account for a larger share of the overall grade A property market than elsewhere in Asia Pacific, according to JLL. Shobhit Agarwal, managing...


Latest two Keppel property vehicles net $410m

Singapore-based investment manager Keppel Capital has raised $410m for its two latest real estate funds. First closings for Keppel’s Alpha Asia Macro Trends Fund III and Alpha Data Centre Fund...


Japanese hotel industry prepares for a gold rush in the run-up to 2020 Olympic Games

With predicted tourist numbers for 2020, when Japan will host the Games, recently raised to 40m, the country’s shortage of hotel rooms offers a golden opportunity for developers and investors ...


Dalian Wanda to sell Madrid landmark Edificio España as planning wrangle sinks redevelopment plan

Dalian Wanda has agreed to sell it Madrid office tower after failing to secure an agreement with the city planning authorities. The Chinese developer has agreed to sell Edificio España...


Developers drive up Chinese land prices

Gemdale and other developers pay high prices for Shanghai residential plots as house prices continue to spiral China developers are ramping up their land acquisitions in first-tier cities as home...

Companies & People

Companies and people, August

Tom Cartledge moves up to chief exec at architect Benoy Benoy has appointed Tom Cartledge to the new role of chief executive. Cartledge was previously global director, commercial and operations...


Green offices in China show rental premium

‘Green’ office buildings in Greater China generate higher rents and are more likely to attract multi-national occupiers, research from CBRE and the US Green Building Council (USGBC) has found. LEED-certified...


Collaboration will build smarter cities

A key lesson from the recent World Cities Summit is that urban challenges such as poor infrastructure and high population density can be overcome if businesses and industry bodies work...


Hui Xian REIT seeks China assets with RMB6bn warchest

Hong-kong listed Hui Xian REIT is on the hunt for more assets in mainland China. The RMB-denominated REIT said it has RMB6.25bn ($940.7m) of cash reserves and bank facilities, while...

Company Profiles

Value Retail

The company’s new Shanghai Village brings Chinese consumers the same high retail standards that it perfected in the UK, but adds innovations that will influence future European as well as...