In a groundbreaking move echoing through the corridors of high-stakes real estate, Bright Ruby Resources, backed by Chinese tycoon Du Shuanghua, has made waves with its successful bid for an en bloc…
Business
In a strategic move to capitalize on shifting demographics and growing demand for quality rental housing in the Asia-Pacific region, PGIM Real Estate, a subsidiary of American finance giant Prudential, has expanded…
In a significant real estate move, Aurum Land, a subsidiary of the esteemed Woh Hup conglomerate, has clinched the first collective sale in Singapore since the government’s recent hike in the buyer…
Melbourne’s urban landscape is reinvigorated as it embraces a newly completed architectural marvel, 308 Exhibition Street – a testament to its unceasing vitality. This development intertwines opulent residential skyscrapers with a soaring…
In a perhaps unsurprising shift in global wealth migration patterns, Australia is poised to surpass the United Arab Emirates and Singapore as the top destination for high-net-worth individuals (HNWIs). This revelation emerges…
In collaboration with Tishman Speyer and Tokyo-based Alyssa Partners, Frasers Hospitality is venturing into Asia’s rental residential sector through joint ventures in China and Japan. These ventures involve a total investment of…
An unidentified mainland Chinese investor has recently moved significantly to Australia’s second-largest city, Melbourne, by acquiring an ageing office building in the central business district (CBD). This transaction, valued at $20.2 million,…
ESR Holdings, a Hong Kong-listed company, is considering divesting at least $1 billion in assets this year to focus on its fund management business. Among the potential disposals is ESR’s 31 per…
Hines, the US developer and investment manager, has recently acquired a cold storage property in Queensland as part of its flagship Asia Pacific fund. This acquisition marks the second acquisition in the…
Qantas can’t charge these prices forever: the challenge ahead for new chief Vanessa Hudson Vanessa Hudson, who will replace Alan Joyce as Qantas Airlines’ chief executive in November, inherits an airline still struggling…