Singapore-based Ascendas, a leading advisory body for business real estate in Asia, launched the first development at its flagship Dalian Ascendas IT Park in Dalian, in northeastern China’s Liaoning province, Wednesday, the Shanghai Daily reported. The US$62 million development is a 50-50 joint venture between Ascendas and the owners of the Dalian Hekou International Software Park, in which it is located, and the first phase of a planned 35-hectares to be developed for around US$200 million. The project’s second development ...