Hong Kong-based fund manager Gaw Capital Partners on Friday announced that, together with US investment management firm … Read More>>
Featured Stories
Brookfield Backs Sequoia China New Economy Infrastructure Fund
Canada’s Brookfield Asset Management on Thursday announced that it has backed a China-focused infrastructure vehicle led … Read More>>
Sponsored Features
BW Adds 74,000 SQM Project to Expanding Northern Vietnam Industrial Portfolio
Leading new economy developer BW Industrial Development Joint Stock Company, announced today that it has acquired … Read More>>
Vietnam’s Warehouse Sector Transforms Pandemic Challenge into Opportunity
Let’s go back to the end of June 2021, when the ultra-contagious Delta variant triggered a spike in infections in Ho Chi … Read More>>
Breaking News
Invesco Completes $3B Privatisation of Invesco Office J-REIT with Gaw Capital
Hong Kong-based fund manager Gaw Capital Partners on Friday announced that, together with US investment management firm Invesco, it has completed the $3 billion privatisation of Invesco Office J-REIT.
The deal, which was led by Invesco Asia Fund IV, represents… Read More>>
Brookfield Backs Sequoia China New Economy Infrastructure Fund
Canada’s Brookfield Asset Management on Thursday announced that it has backed a China-focused infrastructure vehicle led by Sequoia China, the mainland branch of the famed Silicon Valley venture capital firm.
Dedicated to supporting China’s new economy, Sequoia China Infrastructure Fund… Read More>>
Keppel Data Centre Fund Hits $1.1B Final Close with Boost from China’s AIIB
Singaporean conglomerate Keppel Corp has achieved a $1.1 billion final closing of its second data centre fund targeting investments in Asia and Europe, including a $150 million commitment from China’s Asian Infrastructure Investment Bank.
The Beijing-based development bank is contributing… Read More>>
Evergrande Hires More Restructuring Advisors and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s restructuring process moves ahead with the hiring of additional advisors, fellow mainland developer Sunac suffers its second credit downgrade in as many days, and Singapore-listed Mapletree Logistics Trust acquires a land… Read More>>
ESR Completes $5.2B Acquisition of ARA Asset Management
ESR has completed its $5.2 billion acquisition of Singapore-based ARA Asset Management, less than three months after the Hong Kong-listed logistics giant’s shareholders overwhelmingly approved the deal.
The enlarged ESR Group, which also encompasses ARA subsidiary Logos, now stands as… Read More>>
Japan’s Mitsui Fudosan Backs Frasers’ Sydney Condo Project in Aussie Debut
Japan’s largest property developer Mitsui Fudosan has made its first foray into Australia by investing in Frasers Property’s A$2.1 billion ($1.5 billion) urban renewal project in Sydney’s North Shore area, according to a release.
As a capital partner, the Tokyo-listed… Read More>>
China Aoyuan to Default on $1.1B in Offshore Debt Ahead of Restructuring
China Aoyuan Group has become the latest mainland developer to default on its financial obligations, announcing Wednesday that it would not make payments on $1.09 billion in offshore notes scheduled to mature in the next three years, including two sets… Read More>>
HKRI, CITIC Pacific JV to Invest Nearly $2B in Discovery Bay Expansion
A joint venture between developer HKR International (HKRI) and CITIC Pacific is planning to add a nineteenth phase to their master-planned Discovery Bay project on Lantau Island by investing HK$15 billion ($1.9 billion) to build 1,400 new homes.
The plans… Read More>>
Real Estate Finance
Invesco Completes $3B Privatisation of Invesco Office J-REIT with Gaw Capital
Hong Kong-based fund manager Gaw Capital Partners on Friday announced that, together with US investment management firm Invesco, it has completed the … Read More>>
Brookfield Backs Sequoia China New Economy Infrastructure Fund
Canada’s Brookfield Asset Management on Thursday announced that it has backed a China-focused infrastructure vehicle led by Sequoia China, the … Read More>>
ESR Completes $5.2B Acquisition of ARA Asset Management
ESR has completed its $5.2 billion acquisition of Singapore-based ARA Asset Management, less than three months after the Hong Kong-listed logistics … Read More>>
Shanghai
Schroders JV Sells Shanghai Co-Living Project to Golden Union for $31M
China’s rental residential sector has seen another global fund manager expand its China rental residential holdings as … Read More>>
Kerry Buys Piece of Central Shanghai Megaproject Site for $2.1B
Hong Kong-listed developer Kerry Properties on Tuesday revealed details of a supersized mixed-use project in Shanghai’s … Read More>>
LaSalle, Jingrui Acquire West Shanghai Multi-Family Value-Add Project
LaSalle Investment Management has closed on its joint acquisition alongside a unit of Shanghai-based developer Jingrui … Read More>>
Singapore
CDL, GuocoLand JV Place Top Bids in Singapore’s First Land Sale of 2022
Sites for luxury housing development continued to find favour with developers in Singapore’s first land sale of the … Read More>>
Cooling Measures, Holidays Pull Singapore New Private Home Sales Down 58%
Singapore’s new private home sales dropped by 58 percent in December after cooling measures put in place halfway through … Read More>>
CapitaLand, Mitsui, Tokyo Tatemono Open Singapore’s 79 Robinson Road
Almost five years after breaking ground in Singapore’s central business district, CapitaLand and its Japanese partners … Read More>>
Projects
Japan’s Mitsui Fudosan Backs Frasers’ Sydney Condo Project in Aussie Debut
Japan’s largest property developer Mitsui Fudosan has made its first foray into Australia by investing in Frasers Property’s A$2.1 billion ($1.5 … Read More>>
HKRI, CITIC Pacific JV to Invest Nearly $2B in Discovery Bay Expansion
A joint venture between developer HKR International (HKRI) and CITIC Pacific is planning to add a nineteenth phase to their master-planned Discovery … Read More>>
Wang On Reportedly Acquires Yau Tong Industrial Building for $74M
Wang On Properties looks set to add another suburban residential project to its pipeline as the Hong Kong-listed developer has been identified as the … Read More>>
Retail
Amazon Wins Round in India Retail Battle with Future Group, Reliance
Delhi’s top court has rejected a plea from a retail unit of billionaire Kishore Biyani’s Future Group to quash Singapore arbitration proceedings filed … Read More>>
GIC Sets Up $532M Aussie Convenience Retail Fund With SCA Property Group
GIC is set to add some retail items to its shopping cart of Australian property acquisitions, as the Singapore sovereign wealth fund teams up with an … Read More>>
Wanda Applies for Hong Kong IPO with Backing From PAG, Tencent and Ant
Beijing-based Dalian Wanda Group filed papers Thursday to bring its commercial property business back to the Hong Kong stock market, as the developer … Read More>>
Asia Outbound
Singapore’s Fragrance Group Adds Central London Hotel to Growing UK Portfolio
Singapore’s Fragrance Group has purchased a Holiday Inn hotel in west London from British real estate fund manager Queensgate Investments for an … Read More>>
China Oceanwide Faces Payment Demand After $175M NYC Default
China Oceanwide Holdings’ American dream is looking ever more like a broken one after the mainland developer was served with a default notice for a … Read More>>
Korea’s IGIS Adds DC-Area Multi-Family Asset to North American Portfolio
South Korea-based IGIS Asset Management has acquired a 520-unit multi-family asset in Alexandria, Virginia in partnership with US investor Timberline … Read More>>
Hong Kong
HKRI, CITIC Pacific JV to Invest Nearly $2B in Discovery Bay Expansion
A joint venture between developer HKR International (HKRI) and CITIC Pacific is planning to add a nineteenth phase to … Read More>>
Wang On Reportedly Acquires Yau Tong Industrial Building for $74M
Wang On Properties looks set to add another suburban residential project to its pipeline as the Hong Kong-listed … Read More>>
Kadoorie Family Boosting Hongkong and Shanghai Hotels Stake for $338M
Hong Kong billionaire Michael Kadoorie has agreed to pay a steep premium to increase his family’s majority stake in … Read More>>
MTD TV
MTD TV 2022 Program to Kick Off with Residential Forum in March
2021 came to a close with seven major fund managers announcing four separate Asia multi-family initiatives during … Read More>>
Mingtiandi APAC Residential Forum 2022
With Mingtiandi's 2021 Multi-Family Forum having attracted more than 6,100 views to join conversation with speakers from … Read More>>
Mingtiandi Asia Logistics Forum 2022
Asia's top gathering of logistics real estate leaders is back for 2022, with the Mingtiandi Asia Logistics Forum … Read More>>
Research & Policy
Cooling Measures, Holidays Pull Singapore New Private Home Sales Down 58%
Singapore’s new private home sales dropped by 58 percent in December after cooling measures put in place halfway through the month raised taxes on … Read More>>
M&G Picks Australia, Japan and Singapore as Top 2022 Targets
Australia, Japan and Singapore stand out as the top real estate investment locations in Asia Pacific this year considering the bright recovery … Read More>>
Singapore Real Estate Investment Could Drop by One-Fifth in 2022
Investment in Singapore’s real estate market is projected to drop by up to 22 percent this year after the city-state notched S$25.8 billion ($19 … Read More>>
Design & Construction
Sun Hung Kai Asks to Redesign West Kowloon Project as Two Taller Towers
Sun Hung Kai Properties is asking to change the design for Hong Kong’s largest commercial site ever with the blue-chip developer hoping to develop two … Read More>>
Swire, CDL and New World Take Home Prizes at ULI APAC Awards
Hong Kong’s Shui On Land, New World Development and Swire Properties, along with Singapore’s City Developments Limited, all came up winners at a real … Read More>>
CITIC’s China Zun Opens as Beijing’s Tallest Building
Chinese financial conglomerate CITIC Group has inaugurated Beijing’s tallest skyscraper, formally known as the CITIC Tower, eight years after breaking … Read More>>
