As space dries up on land, Hong Kong looks to build infrastructure underground

As Hong Kong faces up to the reality of its acute land shortage, city officials are looking to solve the territory’s housing problem with a truly novel idea – they’re looking at building some public facilities underground

Digital Realty & Savvis Acquire Hong Kong Data Center

In news from Singapore, Digital Realty Trust, Inc. (DLR), a global provider of data centre solutions, along with Savvis, a CenturyLink IT and Cloud solution company (CTL) have announced a joint venture, acquiring a 164,000-square-foot (15,236-square-meter) facility in Hong Kong. The deal highlights Digital Realty’s entrance to the Hong Kong market, building on Savvis’ existing presence. Michael F. […]

China Real Estate Market Instability 2012

In news from Bloomberg, via Newsweek, China real estate market exchange trembled at the news the country’s largest real estate developer’s January figures. According to the news, shares of companies with listings on the market dropped by as much as 2%.

Luxury Property Prices in World-Class Cities Boosted by Billionaires

A report in Property Wire highlights the fact that world-class cities are attracting global billionaires, who are investing their wealth in real estate, and by doing so are creating a new super class of prime real estate. Apparently, the value of real estate has increased by up to 10% during the first six months of […]

Singapore Fund Promises to Emulate Past Success

In investment news from Singapore, Keppel Land Limited has announced their Alpha Investment Partners arm’s closing of its Alpha Asia Macro Trends Fund II of over $460 million as of June. According to the news, eight institutional investors made up the bulk of this round of funding.

Mapletree Investments Moves in Asia Pacific Dealings

In investment news from Singapore, Temasek Holdings has purchased a gigantic shopping mall in Kowloon for a reported $2.9 bilion. The investment giant, a unit of Mapletree Investments, bought Festival Walk from Hong Kong’s Swire Pacific. The deal is, so far, the 3rd biggest deal in the Asia Pacific region this year.

Hang Lung Chairman: No China Real Estate Bubble

Hang Lung Properties Ltd. Chairman Ronnie Chan says concerns over a possible collapse of China’s real estate market are “total crap.”  There is no real estate bubble in China, Chan said, because of the “humongous demand” from Chinese consumers and the steps the government has taken to fortify the market.  For Chan, people use the […]

Singapore Property Prices Up and Still Going

In news from Singapore, property prices there have continued to edge toward new highs. In the first quarter of 2011 residential property prices rose by as much as 2.1 percent even dispite government measures to curtail prices.

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