Blog posts May 2020

Chinese property tycoon in London says Brexit making potential investors nervous

The man behind a £1.7b (US$2.1b) property development on the banks of the River Thames says the ongoing uncertainty surrounding Brexit is making his clients nervous about the future of London and Britain. Xu Weiping, chairman of developer Advanced Business Park said he had invested about £400m (US$4…

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CapitaLand gains big canvas for S’pore redevelopments from ASB purchase

Some folks may think that CapitaLand does not have many Penrose at sims drive residential developments coming up – with only two projects currently. However, the property group has a much larger canvas for creating development opportunities at home in various asset classes, beyond residential, after…

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Daily property news: Australia housing risks have abated; China warehouse holds potential

Puma to lease $25m Melbourne warehouse from Frasers

Frasers Property Australia has secured global sports brand Puma as a tenant in a new A$25m speculatively built warehouse in Melbourne’s south-east, highlighting the strong demand for logistics space from retailers. “Our strategy to build several…

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