Asia real estate and outbound investment news
Singapore fund manager Cambridge RE Partners has made its second purchase of an Australian educational property in three months with its acquisition of a 592-bed property near Sydney, according to an announcement by the firm.
On behalf of its Cambridge… Read More>>
A joint venture between City Developments Ltd and Japan’s MItsui Fudosan placed the sole bid for a site in Singapore’s posh District 10, positioning the partners to develop a mixed residential and commercial project which includes the city-state’s first land… Read More>>
Singapore-listed Keppel REIT is paying A$363.8 million ($237.09 million) to acquire a 50 percent stake in an office tower in central Sydney from a fund managed by Mirvac, confirming an earlier account by Mingtiandi.
The REIT’s manager announced on Monday… Read More>>
Invictus Developments has lodged plans to convert an office block it acquired in central Sydney last year into a 152-key hotel, moving a step closer to reaching its goal of a A$500-million ($326 million) hospitality portfolio Down Under.
In an… Read More>>
Henderson Land Development booked an attributable net profit of HK$9.3 billion ($1.2 billion) in 2023, a 0.2 percent increase from the prior year, as growth in property development sales and leasing income helped offset a HK$1.7 billion ($217 million) markdown… Read More>>
Brookfield Asset Management is taking on its third student housing project in Australia after international student enrolment in the country last year surpassed pre-pandemic peaks by 4 percent.
Brookfield on 4 March lodged a development application with the City of… Read More>>
TPG Angelo Gordon is teaming up with Hong Kong’s Far East Consortium and Atelier Capital Partners to acquire a hospitality asset near Singapore’s Changi airport from Frasers Property for S$170 million ($127 million), according to market sources.
The partners on… Read More>>
Far East Orchard is expanding its portfolio of UK purpose-built student accommodation (PBSA) portfolio into Scotland with a £38.9 million ($50 million) development joint venture in Glasgow.
Far East Orchard, the SGX-listed investment unit of regional developer Far East Organization,… Read More>>
Hong Kong-listed ESR and Singapore’s Frasers Property are teaming up to develop an A$900 million ($595 million) industrial estate in suburban Melbourne as global investors look to Australia’s logistics market as a reliable source of returns in a challenging market.
With ARA Asset Management’s private funds division soon to be carved out from ESR into an independent company, the head of the new venture aims to pursue a familiar playbook focused on value-add opportunities in office, retail and hospitality in… Read More>>
