Asia real estate and outbound investment news
Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has announced an apartment project in central Melbourne with a completed value of A$270 million ($167.8 million).
The development in the inner suburb of Southbank, just south of the… Read More>>
CapitaLand Investment’s attributable profit surged 165 percent to S$479 million ($355 million) in 2024 as the Singaporean real asset manager cut revaluation losses and boosted fee income.
Full-year revenue rose 1 percent to S$2.8 billion, the SGX-listed giant said Thursday… Read More>>
Singaporean developer Centurion Corp’s profit more than doubled in 2024, as the specialist in student and worker housing rode a surge in valuations of investment properties.
The company’s full-year attributable profit shot up 125 percent to S$344.8 million ($257 million),… Read More>>
Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the developer’s buildings in Central, as the premier office district shows signs of rebounding after a multi-year struggle.
London-based HFW relocated… Read More>>
Osaka hotels continue to attract tourism-led investment, with Orix JREIT on Tuesday announcing plans to buy a 428-key property near the city’s Universal Studios Japan theme park for JPY 35 billion ($230 million).
The TSE-listed REIT is picking up Hotel… Read More>>
Tikehau Capital, the Paris-based fund manager backed by Singaporean state-owned investor Temasek, has set up a joint venture with Japan’s Nikko Asset Management to develop private asset investment strategies tailored to the Asian market.
Incorporated in Singapore at the close… Read More>>
ST Telemedia Global Data Centres has begun building the first data centre at the Singapore-based firm’s campus in Malaysia’s Johor state, with the 16-megawatt facility scheduled to be fully operational by the end of 2026.
The STT Johor campus spans… Read More>>
Japan Excellent Inc has agreed to buy a commercial tower in Tokyo’s central Minato ward from a unit of the office-focused REIT’s sponsor, Nippon Steel Kowa Real Estate, for JPY 17.3 billion ($120 million).
JEI is exercising its right of… Read More>>
Singapore’s CapitaLand India Trust has agreed to the forward purchase of an office project at a Bengaluru commercial complex developed by local builder Maia Group.
CLINT will fully fund development of the office project in the northern suburb of Nagawara… Read More>>
Hilton Hotels and Resorts continues to expand its India footprint, with the US hotel giant announcing late last week that it will open 75 Hampton by Hilton hotels in the world’s fifth-largest economy.
Ranked third globally by the number of… Read More>>
