A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to … Read More>>
Featured Stories
Ascott-QIA JV Sells Hotel on Tokyo’s Ginza to Singapore’s Invictus
Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country … Read More>>
Sponsored Features
Chow Tai Fook Enterprises Teams with Azure to Invest in Chinese Hotels and Multifamily
Azure Capital Partners, a real estate investment platform backed by Hong Kong-listed H World Group Limited (Huazhu) and … Read More>>
Seizing the Value Creation Opportunities in Corporate Real Estate
Transformative trends shaping commercial property in Asia Pacific By Mike Davis, Managing Director, Occupier Services … Read More>>
Breaking News
Korea’s Koramco Sells Gangnam Office Tower to Samsung SRA for $820M
A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to Samsung SRA Asset Management for KRW 1.1 trillion ($820 million). The disposal … Read more>>
ESR, Partners Group Sell Logistics Estate on Australia’s Gold Coast for $137M
ESR and Swiss private equity firm Partners Group have sold a last-mile logistics estate in Australia’s Gold Coast to Brisbane-based developer Shayher Group, with the disposal marking HKEX-listed ESR’s … Read more>>
Ascott-QIA JV Sells Hotel on Tokyo’s Ginza to Singapore’s Invictus
Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country logged $2.6 billion of hotel transactions in the first half of the year, … Read more>>
Heitman Adds Greater Seoul Shed Under Global Core-Plus Fund
Heitman continues to deploy capital in Asia Pacific under its global core-plus focused strategy, with the US fund manager on Thursday announcing the acquisition of a distribution centre in South … Read more>>
Singapore Charges Billionaire Ong Beng Seng and More Asia Real Estate Headlines
Singaporean tycoon Ong Beng Seng is charged in connection with a bribery scandal, with that story leading today’s headline roundup. Also making news, Blackstone is said to be raising $10 billion for … Read more>>
Fragrance Group Buys Singapore’s Katong Plaza for $139M in Rare Collective Sale Win
Fragrance Group has acquired Singapore’s Katong Plaza for S$180 million ($139 million), market sources confirmed to Mingtiandi, with the owners of the retail-residential asset notching a collective … Read more>>
CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site
CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam Ayer industrial estate, with the builder’s proposed project to serve … Read more>>
Heitman Buys 3 Osaka Apartment Buildings in Japan Multi-Family Expansion
Heitman has completed the purchase of three apartment buildings in Osaka, with the US real estate investment manager expanding its Japanese rental residential portfolio after multi-family transactions … Read more>>
Real Estate Finance
Korea’s Koramco Sells Gangnam Office Tower to Samsung SRA for $820M
A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to … Read More>>
Ascott-QIA JV Sells Hotel on Tokyo’s Ginza to Singapore’s Invictus
Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country … Read More>>
Fragrance Group Buys Singapore’s Katong Plaza for $139M in Rare Collective Sale Win
Fragrance Group has acquired Singapore’s Katong Plaza for S$180 million ($139 million), market sources confirmed to … Read More>>
Singapore
Fragrance Group Buys Singapore’s Katong Plaza for $139M in Rare Collective Sale Win
Fragrance Group has acquired Singapore’s Katong Plaza for S$180 million ($139 million), market sources confirmed to … Read More>>
CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site
CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam … Read More>>
CapitaLand Ascott Trust Buying Singapore Co-Living Asset From Ascott-QIA Fund for $204M
CapitaLand Ascott Trust has agreed to buy a downtown Singapore hotel from a private fund managed by its sponsor for … Read More>>
Shanghai
GIC Buys Out Vanke Stake in Shanghai Mall in Latest China Retail Bet
Singapore sovereign fund GIC has upped its bets on China retail, taking advantage of distress in the mainland market to … Read More>>
Shanghai Office Rents Plunge 10% as Vacancy Hovers Near Two-Decade High
Prime office rents in Shanghai plunged 9.9 percent in the second quarter from a year prior, according to a Knight Frank … Read More>>
Vanke Sells 48% Stake in Shanghai Mall to GIC, Expects Half-Year Loss of Up To $1.2B
China Vanke has sold a 48 percent stake in Shanghai’s largest single-building shopping mall to partner GIC, as the … Read More>>
Projects
CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site
CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam … Read More>>
Lendlease, Scape Secure Final Approval for $1.2B Melbourne Redevelopment Project
ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received … Read More>>
Former Agile Project in Hong Kong’s Quarry Bay May Bring 15% of Acquisition Cost
A residential site in Hong Kong’s Quarry Bay area formerly owned by defaulted mainland developer Agile Group Holdings … Read More>>
Asia Outbound
Manulife US REIT Selling California Office Building for $117M to Repay Debt
Manulife US REIT has agreed to sell a California office building for $117 million, with the Singapore-listed trust … Read More>>
Brookfield Said Selling Half-Stake in Sydney Tower to UOL, SingLand for Up to $330M
Asset management giant Brookfield is in talks to sell its half-stake in a Sydney office tower to companies of … Read More>>
Data Centres
Goodman Completes 50MW, GDS-Leased Data Centre in Hong Kong
Goodman Group has completed a 50-megawatt data centre in Hong Kong’s Tsuen Wan West area, as the Aussie industrial … Read More>>
GIC, CPPIB, Equinix Form $15B-Plus US Hyperscale Data Centre JV
Singapore sovereign giant GIC, the Canada Pension Plan Investment Board (CPPIB), and US-based data centre provider … Read More>>
Mapletree Industrial Trust Expanding Japan Data Centre Footprint with $101M Tokyo Buy
Mapletree Industrial Trust (MIT) has agreed to acquire a West Tokyo facility for redevelopment into a new data centre, … Read More>>
Japan
Heitman Buys 3 Osaka Apartment Buildings in Japan Multi-Family Expansion
Heitman has completed the purchase of three apartment buildings in Osaka, with the US real estate investment manager … Read More>>
Hong Kong’s AB Capital Grows Japan Portfolio With Central Tokyo Hotel Buy
Hong Kong-based AB Capital on Tuesday announced the completion of a hotel purchase in Tokyo’s Taito ward, marking the … Read More>>
Mapletree Industrial Trust Expanding Japan Data Centre Footprint with $101M Tokyo Buy
Mapletree Industrial Trust (MIT) has agreed to acquire a West Tokyo facility for redevelopment into a new data centre, … Read More>>
Hong Kong
Goodman Completes 50MW, GDS-Leased Data Centre in Hong Kong
Goodman Group has completed a 50-megawatt data centre in Hong Kong’s Tsuen Wan West area, as the Aussie industrial … Read More>>
JD Property Acquires Hong Kong Industrial Building from M&G for $232M
JD Property, the infrastructure investment and management arm of Chinese e-commerce giant JD.com, has acquired the … Read More>>
Adrian Cheng Steps Down as CEO After New World Posts First Loss in Two Decades
Adrian Cheng Chi-kong has stepped down as chief executive of New World Development after the Hong Kong-based builder … Read More>>
MTD TV
Bain Capital Finds Structured Financing Opportunities in China, Japan Real Estate
Funding gaps in China and Japan are yielding opportunities to provide structured financing solutions to real estate … Read More>>
Knight Frank, PAG, SLB, Yardi Spy Recovery Signals in Singapore Commercial Markets
Seasoned observers of the city-state’s commercial real estate markets predicted a rebound in deal volume, premised on … Read More>>
SGX, Fraxtor, Bain & Co, DLA Piper See Singapore Growing as Property Investment Hub
Singapore’s favourable business environment is leading a growing number of global investors to establish bases in the … Read More>>
Research & Policy
Singapore Office Rents Hold Steady Despite Opening of IOI Central Boulevard
Singapore’s office vacancy hit a 2.5 year high in the third quarter of 2024, with an influx of completed projects and … Read More>>
Big US Rate Cut Seen Leading Asia Pacific Real Estate Investment Revival
Commercial real estate investment is expected to rebound across Asia Pacific after the US central bank on Wednesday … Read More>>