December 2013 | Asia Property

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Ascendas signs up GIC for fund as big players target India

Sovereign wealth investors are ramping up their Indian real estate activities, with two ventures agreed in the past month. Singaporean developer Ascendas has launched a S$600m ($477.9m) fund with...

Diary

Pattar swings a victory as Asia Property tees off first golf event

The inaugural AsiaProperty Hong Kong Open golf tournament took place at the stunning Clearwater Bay Golf and Country Club last week. CLSA’s John Pattar took the individual trophy, accepting his...

Diary

Honour is lacking as banks hold Hong Kong’s Hui to account

Former Hong Kong chief secretary Rafael Hui, who has been charged with taking HK$34m in bribes, has been declared bankrupt following a claim from the Bank of East Asia and four...

Diary

ULI’s yield prediction looks like one improbable emerging trend

Respondents to the ULI’s Emerging Trends in Real Estate Asia Pacific 2014 report, out last week, cited the tapering of quantitative easing in the US and future US interest rate rises...

Market Talk

WE HAVE INVESTMENTS IN 52 COUNTRIES.........

“IT’S SUCH A BIG JOKE. WE HAVE INVESTMENTS IN 52 COUNTRIES IN VARIOUS BUSINESSES, INCLUDING PROPERTY. WE HAVE SOLD ASSETS IN DIFFERENT COUNTRIES, PEOPLE  DIDN’T SAY THAT I...

Market Talk

POWERFUL DEMAND ON THE REAL ESTATE SIDE

“WE’RE SEEING VERY POWERFUL DEMAND ON THE REAL ESTATE SIDE. VERY FEW REAL ESTATE MANAGERS MADE IT THROUGH THE CYCLE. AND WITH REAL ESTATE TURNING AND VALUES GOING UP SIGNIFICANTLY,...

Market Talk

HEADING INTO 2014 WITH A SLIGHTLY MORE CAUTIOUS VIEW

“WE ARE HEADING INTO 2014 WITH A SLIGHTLY MORE CAUTIOUS VIEW, AS WE BELIEVE THE MAJOR MARKETS WILL CONTINUE TO FACE REGULATORY CHALLENGES AMID THE UNCERTAINTY OF THE GLOBAL INTEREST...

Market Talk

CORRUPTION AND LUXURY SPENDING

“FOLLOWING THE CENTRAL GOVERNMENTS NEW POLICY TO CURB CORRUPTION AND LUXURY SPENDING, LUXURY RETAILERS HAVE BEEN MORE PRUDENT ABOUT THEIR EXPANSION PLANS IN MAINLAND CHINA” Knight Frank’s Greater China Property...

Research

EPRA Global Real Estate Perfromance

Companies & People

SWIP deal sees Smith leave Aberdeen

Andrew Smith, global head of property at Aberdeen Asset Management, has left the company following its acquisition of Scottish Widows Investment Partnership. The combined entity has yet to announce a global...

ASEAN focus

BIG PROPERTY DREAMS ARE YEARS FROM REALITY IN SMALL-TOWN VIENTIANE

An autocratic government is backing big infrastructure projects and special economic zones across Laos, but corruption and muted demand mean capital Vientiane is likely to remain largely uncharted real estate investment...

News

Devil will be in detail as China prioritises rural land reform

China’s Third Plenum outlined a plan for reform last month, but with a vague timescale and measures that will have a mixed effect on the real estate market. The third...

Comment

Time for bold Acts on Indian property

India’s government has proposed a number of reforms that should make the property market more transparent, open and attractive to overseas capital, but swift implementation will be vital to maintain...

News

Pamfleet sets $350m target for sequel to debut Asian vehicle

Pamfleet Group aims to raise $350m for its second Asia fund, having fully invested the $209m it raised for its debut vehicle last year. The first fund invested in five...

World News

CIC lines up £800m Chiswick Park office purchase in London

China Investment Corporation is set to buy a west London office park for close to £800m ($1.3bn). Blackstone Group is close to exchanging contracts with CIC for the 32-acre Chiswick...

News

CapitaMalls wins Guangzhou asset

CapitaMalls Asia is buying a Guangzhou mall for RMB2.2bn ($361m) – its first acquisition in the southern Chinese city. It is buying the newly built centre, which is part of...

Company Profiles

GLOBAL LOGISTIC PROPERTIES

The launch of a Chinese logistics fund with a $3bn target value signals GLP’s intention to tap the growing e-commerce market and maintain its lead in China’s distribution property sector ...

News

Suntec REIT lands Syndey office scheme in first overseas deal

Suntec REIT has bought a Syndey office development for A$413.2m ($376.5m) in its first overseas acquisition. The Singapore REIT will buy 177-199 Pacific Highway, a 31-storey, 423,915 sq ft office...