February 2013 | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

LIM prepares $1bn repeat of Japanese logistic fund sell-off

GLP, joint buyer of first LIM logistics vehicle’s assets, is a likely bidder for second fund’s eight properties  LaSalle Investment Management has put the assets from its second Japanese...

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....

News

Brookfield to float offices in buoyant A-REIT sector

This year is expected to be a frenetic one for the Australian listed sector. Recovering share prices are encouraging investors to float portfolios and bringing the prospect of mergers and...

News

Record global revenues leave CBRE and JLL upbeat on Asia...

Both firms report rise in Asia revenues, but recruitment drives hit pre-tax earnings  The region’s largest brokers are expecting a strong 2013 in Asia Pacific, after both firms reported record...

News

Appointments boost JLL’s Sydney corporate finance team

Jones Lang LaSalle has made two appointments to its corporate finance team in Sydney. Chris Key has been appointed head of corporate finance, Australia, to oversee the newly expanded platform...

Survey

Listed Sector

Asia’s listed real estate stocks look set for another year of strong performance, led by Japan and Australia, where more mergers and equity issuance are expected as the markets move...

News

Morgan Stanley seeks $5bn for eighth global real estate fund

MSREF sets same target as for seventh fund, which bought several Asian assets Morgan Stanley Real Estate Investing has started raising equity for an eighth international real estate fund. MSREF...

World News

London is AFIRE members' non US investment pick

The US remains a top pick for global investors, according to the 2013 survey by the Association of Foreign Investors in Real Estate, representing 200 foreign groups that invest in...

World News

Samsung AM breaks into London market with £145m City deal

Samsung Asset Management is set make its UK debut in a £145m ($196.9m) office deal. The Korean investment manager has agreed to buy 30 Crown Place in the City of...

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

Taubman Asia and Wangfujing set for second China mall

Taubman Asia and Beijing Wangfujing Department Store are to co-operate on a second Chinese shopping centre project. The joint venture will own and manage a 1.46m sq ft mall in...

World News

WORLD NEWS IN BRIEF

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...