No Ad
No Ad


Infrastructure, Hotels & Mixed Business | Asia


Investors are circling the revitalised North Sydney office market as vacancy rates decline as new infrastructure developments absorb older properties.


In a major shift for development assessment, mandatory independent local hearing and assessment panels (IHAPs) will be introduced to Wollongong and Sydney metropolitan councils, to make decisions on development applications. This change aims to improve the efficiency and integrity of the determination process.


Theme park developer and owner Village Roadshow is planning to sell and leaseback the Gold Coast site that houses Warner Bros Movie World and Wet'n'Wild, with offers in the region of $100 million expected.



HPG Australia's $600 million-plus One Sydney Park development in Sydney's inner west Alexandria has moved a step closer to the starting line with a call to architect and landscape designers to compete in a design competition.


The renowned Tankerville Arms Hotel, Fitzroy is being offered for sale, with price expectations exceeding $20 million.  


Tower projects proposed by developers Fridcorp and Piccolo have been knocked back by the state planning tribunal on the grounds of size, while an historic 19th century industrial building on the CBD-fringe is ready for the wreckers.



Following the launch in Milan, Bali and London, the Italian jewelry and luxury goods brand Bulgari finally takes to the Chinese market. 


Ardent Leisure has announced its transition to a customer experience-driven leisure and entertainment portfolio is complete, after flagging a 44.6 per cent drop in earnings for the year to June 30.


Country Garden Holdings Co. said it’s looking to attract customers from countries such as Thailand and Vietnam as some Chinese buyers hit by capital controls have pulled back from the $100 billion Forest City project in southern Malaysia.


International hospitality firms have recently been quietly stepping up their efforts in Central Asia, with a push in Kazakhstan in particular.


The 13 Hotel stands empty in a sleepy corner of Macau while its owners seek more cash and the necessary permits to operate -- not to mention an elusive license to open a casino.


Malaysia eyes redevelopment of historic Malacca into a deep sea port, with some help from China amounting to billions of dollars in investment.


Pyongyang quietly unveiled renovations around the capital's biggest landmark: a futuristic, pyramid-shaped 105-story hotel, the world's tallest unoccupied building.


Having a balance of infrastructure and pure property real estate investment trusts in a portfolio will help even out the volatility and improve returns, according to a US-based specialist, Todd Canter.



All buildings that have used flammable cladding will need to have it removed, an operation likely to cost billions of dollars, the head of the Victorian Building Authority says.


For decades, Singapore and Hong Kong have reigned supreme as key transit points connecting travelers in Asia to and from the rest of the world, but a $1 trillion global airport spree is threatening the status quo. 


In Manila, the crowded Philippine capital of more than 12 million inhabitants, land that was reclaimed from the sea is selling like hot cakes.


Construction on Peppers Southbank, a new $60 million hotel in Melbourne’s vibrant arts and entertainment district, is now underway following a ground-breaking ceremony late last week.


Asia hotel investors during the first half of 2017 remained focused on gateway cities such as Hong Kong, Singapore, Sydney and Melbourne, as they offer positive tourism and trading fundamentals while the long-term demand and supply is in balance. 


Sunac China Holdings Ltd. agreed to buy hotels, land and projects from Dalian Wanda Group Co. for 63.2 billion yuan ($9.3 billion) in China’s largest property deal.