Asia Pacific real estate investment news and information
Singapore private home sales nearly tripled to 784 units in November as a trio of condo launches helped snap three straight months of declining housing deals.
Developers’ home sales, excluding subsidised executive condos, jumped 286 percent last month from the… Read More>>
Indian vaccine tycoon Adar Poonawalla is reportedly spending about £138 million ($173 million) to purchase a mansion in London’s West End in what ranks as the UK capital’s most expensive home purchase this year.
Poonawalla, chief executive of Serum Institute… Read More>>
Singapore-based private equity shop Seraya Partners has raised $800 million for its inaugural pan-Asia infrastructure fund with backing from Canada’s Alberta Investment Management Company (AIMCo) and American investment giant BlackRock.
Seraya Partners on Tuesday announced the final closing of Seraya… Read More>>
Mainland property giant China Vanke and Singapore-based hotel and resort operator Banyan Tree Holdings are dissolving a six-year-old China hospitality joint venture after failing to gain traction in a challenging mainland market.
Banyan Tree has entered into a term sheet… Read More>>
OSK Property is adding a rental residential element to its Melbourne Square mega-project by teaming up with a local apartment platform for an A$400 million ($262 million) apartment project according to an announcement this past week.
The real estate arm… Read More>>
CapitaLand China Trust (CLCT) is selling an underperforming Beijing shopping mall to an investor from Inner Mongolia for RMB 849.2 million ($120 million) in the latest example of domestic capital buying up discounted assets as China’s real estate market slows.
Singapore has cued up the city-state’s biggest housing pipeline in more than a decade with the Urban Redevelopment Authority (URA) on Wednesday announcing plans to sell sites capable of yielding up to 5,450 new private homes during the first half… Read More>>
Singapore rental housing specialist Centurion Corp is selling two worker dormitories in Malaysia to the country’s largest public sector pension fund, Kumpulan Wang Persaraan (KWAP), for MYR 227 million ($47 million).
Centurion entered into a sale-and-leaseback deal with KWAP on… Read More>>
GIC has acquired a pair of Japanese logistics facilities from Daiwa House Industry for an undisclosed sum, marking the eighth and ninth industrial assets that the Singapore sovereign wealth fund has purchased from the developer in its home market this… Read More>>
Keppel Corp has agreed to buy out European fund manager Aermont Capital in a deal worth up to €931.86 million ($1 billion) as the Singapore-based conglomerate continues its efforts to transform into a global asset management giant.
Keppel, through its… Read More>>
