Asia Real Estate News Tracker, Asia Real Estate Tracker

Asia Real Estate Tracker

Asia Real Estate News Tracker

Tracking developments across Asia's regional real estate markets

Thematic (Sector/Industry)

<ul><li>GIC has made a significant investment of $500 million in Japan's residential sector via Hillhouse's Samty.</li><li>JD and Rava's EZA Hill have successfully acquired four warehouses in Singapore for $237 million from CapitaLand REIT.</li><li>The Australian Retirement Trust is poised to purchase a 48.5% stake in the $1.1 billion Mirvac Build-to-Rent Fund.</li></ul>

GIC has made a significant investment of $500 million in Japan's residential sector via Hillhouse's Samty.JD and Rava's EZA Hill have successfully acquired four warehouses in Singapore for $237 million from CapitaLand REIT.The Australian Retirement Trust is poised to purchase a 48.5% stake in the $1.1 billion Mirvac Build-to-Rent Fund.

Asia Real Estate Tracker (22-Dec-2025): GIC invests $500M in Japan residential through Samty.

Partner at Exencial Research, Exencial Research

Viral Kishorchandra Shah

Partner at Exencial Research

Exencial Research

<ul>
<li>Over 200 drug samples fail quality checks in November 2025</li>
<li>Titan expects watch business' revenue to touch USD 1 billion in next 2 yrs</li>
<li>Indian Railways fails to recover Rs.40.9 bln from private siding owners: CAG report</li>
</ul>


Over 200 drug samples fail quality checks in November 2025
Titan expects watch business' revenue to touch USD 1 billion in next 2 yrs
Indian Railways fails to recover Rs.40.9 bln from private siding owners: CAG report


HK/China Equity Long-Short

Osbert Tang, CFA

<ul>
<li>The appreciation of Rmb will bring benefits to some companies. With a lower USD rate and an inflow of funds to China, this trend is expected to continue into 2026.</li>
<li>
<a href="https://www.smartkarma.com/entities/h-world-group-ltd" target="_blank" data-smartkarma-citation="entities:33487:1" rel="noopener">H World Group (1179 HK)</a>, <a href="https://www.smartkarma.com/entities/china-everbright-environment-group-limited" target="_blank" data-smartkarma-citation="entities:15946:1" rel="noopener">China Everbright Environment (257 HK)</a>, and <a href="https://www.smartkarma.com/entities/china-national-building-ma-h" target="_blank" data-smartkarma-citation="entities:184:1" rel="noopener">China National Building Material (3323 HK)</a> are the most likely ones to gain the most.</li>
<li>The newly listed companies in Hong Kong are exposed due to the translation of massive HKD proceeds to Rmb, with the impact on <a href="https://www.smartkarma.com/entities/sicc-co-ltd-e5b2bacc-ed46-4d8e-bfb1-ff952e730eae" target="_blank" data-smartkarma-citation="entities:45752:1" rel="noopener">SICC (2631 HK)</a> being the heaviest. </li>
</ul>


The appreciation of Rmb will bring benefits to some companies. With a lower USD rate and an inflow of funds to China, this trend is expected to continue into 2026.

H World Group (1179 HK), China Everbright Environment (257 HK), and China National Building Material (3323 HK) are the most likely ones to gain the most.
The newly listed companies in Hong Kong are exposed due to the translation of massive HKD proceeds to Rmb, with the impact on SICC (2631 HK) being the heaviest. 


China Strategy: Revisiting the Rmb Appreciation Story

Japan Specialist

Mark Chadwick

<ul>
<li>US equities rebounded on Friday, snapping a recent losing streak as easing inflation concerns and renewed confidence in the AI trade lifted sentiment late in a volatile week.</li>
<li>Sony Group will acquire an additional 41% of Peanuts Holdings for about $460m, lifting ownership to 80%, consolidating the unit and booking a remeasurement gain in operating profit.</li>
<li>Nike’s earnings slump highlights China weakness and margin pressure, creating share-gain opportunities for ASICS, whose improving China margins and exposure to a healthy global running market position it favorably.</li>
</ul>


US equities rebounded on Friday, snapping a recent losing streak as easing inflation concerns and renewed confidence in the AI trade lifted sentiment late in a volatile week.
Sony Group will acquire an additional 41% of Peanuts Holdings for about $460m, lifting ownership to 80%, consolidating the unit and booking a remeasurement gain in operating profit.
Nike’s earnings slump highlights China weakness and margin pressure, creating share-gain opportunities for ASICS, whose improving China margins and exposure to a healthy global running market position it favorably.


External broker reports(aggregated public sources), CMB International

CMB International

External broker reports(aggregated public sources)

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

<ul><li>We believe 2026 will be a pivotal year for competing for user mindshare in the AI era, with key focuses on lowering AI adoption thresholds, improving decision-making efficiency, and creating real value.</li><li>Among traditional internet businesses, companies that possess these three characteristics are expected to have higher long-term investment value: 1) stable cash flow to support AIrelated investment and exploration; 2) rich application scenarios to accumulate data and reach users; and 3) outstanding supply chain capabilities and operational excellence to drive overseas expansion for incremental growth.</li><li>We still recommend adopting a barbell investment strategy, while focusing on both the certainty of profit growth and new increments brought by AI. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We believe 2026 will be a pivotal year for competing for user mindshare in the AI era, with key focuses on lowering AI adoption thresholds, improving decision-making efficiency, and creating real value.Among traditional internet businesses, companies that possess these three characteristics are expected to have higher long-term investment value: 1) stable cash flow to support AIrelated investment and exploration; 2) rich application scenarios to accumulate data and reach users; and 3) outstanding supply chain capabilities and operational excellence to drive overseas expansion for incremental growth.We still recommend adopting a barbell investment strategy, while focusing on both the certainty of profit growth and new increments brought by AI. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Internet - 2026 Outlook- Bridging legacy and future: A pivotal year

Thematic (Sector/Industry)
Thematic (Sector/Industry) Insights

Asia Real Estate Tracker (22-Dec-2025): GIC invests $500M in Japan residential through Samty.

GIC invested $500M in Japan's residential sector, JD and Rava's EZA Hill bought Singapore warehouses for $237M, and Australian Retirement Trust...

Asia Real Estate Tracker

Exencial Industry Tidings 22/12/2025

Drug quality issues persist, Titan's watch business on track for $1 billion revenue, Indian Railways struggles to recover billions from private...

Viral Kishorchandra Shah

China Strategy: Revisiting the Rmb Appreciation Story

Appreciation of Rmb benefits companies include H World Group, China Everbright Environment, and CNBM. Newly listed companies in Hong Kong are...

Osbert Tang, CFA

Ohayo Japan | Tech Leads Late-Week Rally

US equities rebounded on Friday due to easing inflation concerns and renewed confidence in the AI trade.Nike's earnings slump in China creates...

Mark Chadwick

Internet - 2026 Outlook- Bridging legacy and future: A pivotal year

We believe 2026 will be a pivotal year for competing for user mindshare in the AI era, with key focuses on lowering AI adoption thresholds,...

CMB International

Asia Real Estate Tracker (22-Dec-2025): GIC invests $500M in Japan residential through Samty.

GIC invested $500M in Japan's residential sector, JD and Rava's EZA Hill bought Singapore warehouses for $237M, and Australian Retirement Trust...

Asia Real Estate Tracker

Exencial Industry Tidings 22/12/2025

​Drug quality issues persist, Titan's watch business on track for $1 billion revenue, Indian Railways struggles to recover billions from private...

Viral Kishorchandra Shah

China Strategy: Revisiting the Rmb Appreciation Story

​Appreciation of Rmb benefits companies include H World Group, China Everbright Environment, and CNBM. Newly listed companies in Hong Kong are...

Osbert Tang, CFA

Ohayo Japan | Tech Leads Late-Week Rally

​US equities rebounded on Friday due to easing inflation concerns and renewed confidence in the AI trade.Nike's earnings slump in China creates...

Mark Chadwick

Internet - 2026 Outlook- Bridging legacy and future: A pivotal year

We believe 2026 will be a pivotal year for competing for user mindshare in the AI era, with key focuses on lowering AI adoption thresholds,...

CMB International

Drug quality issues persist, Titan's watch business on track for $1 billion revenue, Indian Railways struggles to recover billions from private...

Appreciation of Rmb benefits companies include H World Group, China Everbright Environment, and CNBM. Newly listed companies in Hong Kong are...

US equities rebounded on Friday due to easing inflation concerns and renewed confidence in the AI trade.Nike's earnings slump in China creates...