Group 1 - The Asia-Pacific region continues to demonstrate strong dominance in the global investment market, playing a key role in overall capital flows, with Singapore, Japan, and Hong Kong ranking among the top ten capital exporters globally [1] - In terms of cross-border capital flows, Japan is among the top five existing asset investment destinations, while Australia ranks eighth, with Japan's market activity remaining above the average level of the past five years [1] - The report indicates that the Asia-Pacific region is still the most attractive area for land and development, with seven out of the top ten markets coming from this region, and China dominating cross-border activities with an 80% share [1] Group 2 - The multifamily sector benefits from strong demand in the U.S. and has become the most favored asset class globally, while office properties remain the most sought-after investment in the Asia-Pacific region, followed by industrial and retail assets [1] - The overall economic outlook for the Asia-Pacific region remains positive, although market performances vary, with little change in economic forecasts for mainland China, Hong Kong, India, and Australia, while market sentiment has weakened in Singapore, South Korea, and Japan [1] - Southeast Asian investors are increasingly active in the Hong Kong commercial real estate market, driven by attractive asset valuations and strong demand in the education sector, with transaction volumes recovering compared to last year due to government support policies and a more accommodative interest rate environment [2]

Group 1 - China Jinmao (00817) announced that its indirect wholly-owned subsidiary, Beijing Yicheng, has been designated as the successor preferential purchaser by Jiaxing Investment on January 22, 2025 [1] - On the same day, Beijing Yicheng exercised its preferential purchase right regarding the target assets, with a proposed exercise price not exceeding RMB 1.323 billion, subject to the final state-owned asset evaluation results [1] - On May 16, 2025, Beijing Yicheng entered into a transfer agreement with Huafu Securities, agreeing to acquire the target equity and debt held by Huafu Securities (representing a special plan) for a total consideration of RMB 1.323 billion [1] Group 2 - On June 10, 2022, the company’s indirect associate, Dingmao Real Estate, and Jiaxing Investment entered into a share transfer agreement and a debt transfer and debt confirmation agreement with Huafu Securities [2] - This led to the establishment of an asset-backed securities plan named Jinmao Huafu - Changsha Jinmao Plaza North Tower Phase II Green Asset-Backed Special Plan (Carbon Neutrality) on June 30, 2022, aimed at securitizing the properties held by Dingmao Real Estate and raising funds for the group's operations and business development [2] - The target assets include 100% equity of Dingmao Real Estate and a debt principal of RMB 750 million, with the target property being the Jinmao Plaza North Tower office property located in Xiangjiang New District, Changsha, Hunan Province, covering a leasable area of approximately 94,395.55 square meters [2]