News

Lend Lease, CPPIB Likely Suitors For Australia Assets-Source

Australian fund manager QIC, Lend Lease and the Canada Pension Plan Investment Board (CPPIB) are expected to be the main suitors for stakes worth A$665 million ($689.57 million) in Centro Retail Australia's shopping malls, a source close to the transaction said.

Strong Monthly Property Sales in New Zealand

Last month saw strong sales growth in the residential housing market in New Zealand with the volume of sales is up by 25.3% compared with the same time last year, the best monthly result the market has recorded since November 2007.

High Demand For Affordable Homes in Vietnam

Vietnam is seeing a high demand for low cost housing but property price rises are one of the biggest obstacles to this fast growing sector, according to analysts