July 2017 | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation


Lack of bidders and past deal doubts put GLP sale in jeopardy

GLP chief exec Ming Mei’s key role with one of just two bidders and past deal concerns deter potential buyers   Logistics giant GLP has received only two firm...


Walkie Talkie allows Lee Kum Kee to tune in to City deal trend

Asian interest in London continues as Hong Kong food giant buys iconic tower   Asian investors continue to target London, with Lee Kum Kee the latest to target a £1bn-plus...


Chung Kei closes in on Docklands asset for debut UK deal

Company owned by Chinese tycoon Chen Hong Tian set to pay £410m for Brookfield’s 20 Canada Square  Chung Kei Group is to buy a £410m ($531.8m) office building in London’s...


Butler to “coexist in market with CBRE” as dispute with former firm is settled

CBRE has resolved its dispute with former director Rick Butler, who left the firm to set up his own brokerage. A statement by the parties said: “CBRE and Rick Butler...


CBRE GI confirms Universal deal for housing in Japan

CBRE Global Investors has confirmed its acquisition of a Japanese residential property portfolio, as revealed in AsiaProperty last month. CBRE GI bought 39 properties, with more than 1,500 units, with...


News in brief

Heitman pulls in $140m for debut Asia Pacific vehicle Heitman is set to close its first Asia Pacific fund with $140m of equity, more than half of its $250m target....


Korean investors branch out with deals in Prague and UK regions

Korean investors are spreading their wings in Europe, investing in Prague and regional UK markets. South Korea’s National Pension Service is investing in Eastern Europe, via a mandate with LaSalle...


China Vanke founder and chairman Wang Shi leaves board

  Wang Shi, founding chairman of China Vanke, has stepped down from the developer’s board. Announcing that he would not seek nomination as a board member, he said: “I passed...


HNA and AEP earmark assets for S$450m S-REIT launch

More details have been revealed about HNA Group’s and AEP Investment Management’s forthcoming Singapore REIT launch, which is set to be the biggest this year. AEP and HNA Group are...


Key data: Occupiers

 • Refrigerated space and multi-tenant logistics, office and production facilities are in demand in Japan  Japanese logistics takes alternative path The uses of logistics properties in Japan are changing as...


Hongkong Land in Singapore project team-up

Hongkong Land has teamed up with Malaysia’s IOI Properties for a S$3.5bn ($2.5bn) development project. The Hong Kong developer will take a 33% stake to develop 1.26m sq ft of...

Kay data: Non-listed sector