Pelligra Group buys Ford’s former manufacturing sites
Melbourne-based Pelligra Group has acquired Ford’s former manufacturing sites in Geelong and Broadmeadows. The sites, to be named FORTEK Geelong and ASSEMBLY Broadmeadows will...
Kerry Properties acquires site in Hangzhou City, China
Kerry Properties, a property investment and development company in Mainland China and Hong Kong, has won the bid for a residential and commercial site...
IHG to open its fifth voco hotel in Sydney CBD
Inter Continental Hotels Group (IHG) announced that it will open its fifth 'voco' hotel in Australia in Sydney CBD with developer Linzhu Australia Pty...
Wanda to invest $11.6bn in Shenyang, Northeastern China
China's Wanda Group announced that it has signed a strategic agreement with the municipal government of Shenyang, the capital city of Liaoning Province in Northeastern China....
Singapore’s CDL announces its single largest investment in China
Singapore-listed City Developments Ltd(CDL) announced that it has entered into agreements to invest RMB 5.5 billion (approximately S$ 1.1 billion) in Sincere Property Group,...
US-China trade tensions trigger $4bn outflows from Chinese equities
According to The Institute of International Finance(IIF) daily capital flows tracker report, a recent, significant reversal in EM capital flows so far this week....
BMW signs pre-lease for 70,000 sqm at Goodman Business Park in Tokyo
The BMW Group (“BMW) has signed agreement with Goodman Group to lease over 70,000 sqm at Goodman Business Park Stage 4 for its new...
Grade A Office vacancy rate falls below 1% in Japan’s three major cities
According to CBRE's Japan Office Market View Q1 2019 report, Grade A Office vacancy rate falls below 1% in three major cities.
Tokyo Grade A...
GLP announces partnership with Allianz to invest in Japan and China logistics assets
GLP, a global investment manager specializing in logistics and related technology investments, announced a new investment partnership with Allianz Real Estate, to invest in...
Oakwood to open hotel in Melbourne
Global serviced apartment operator Oakwood, a wholly owned subsidiary of Singapore's Mapletree Investments, will open its second Oakwood Hotel & Apartments in Australia.
According to...
Australian commercial property markets sentiment falls sharply in Q1 2019
According to NAB’s Commercial Property Index, overall market sentiment in Australian commercial property markets fell 11 points to -2 in Q1 2019 - its...
Frasers Property to sell Sydney’s Central Park Retail in one line
The final three retail assets (“Central Park Retail”) in Frasers Property Australia and Sekisui House’s award-winning A$2 billion mixed-use Central Park development in Sydney...
