Asia real estate and outbound investment news
Arch Capital Management on Tuesday announced the acquisition of 25 multi-family assets in Tokyo for an undisclosed amount, marking the Hong Kong-based company’s first investments in Japan.
The properties, located within the capital’s special wards, are running at near full… Read More>>
The thunder of hooves will go silent at Singapore’s only horse-racing club next year, as the government plans to transform the facility in the northern Kranji area into a master-planned residential community.
The Singapore Turf Club, which manages and operates… Read More>>
In today’s roundup of regional news headlines, BlackRock’s China boss departs after four years with the asset management giant, and a US data centre operator’s bankruptcy ripples through the portfolios of several Singapore-listed REITs.
BlackRock China Head… Read More>>
The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.
Li Congrui resigned as chairman… Read More>>
Singapore’s private homes have surpassed Hong Kong’s as the most expensive in Asia Pacific with a median price of $1.20 million per unit, according to research by the Urban Land Institute.
Homes in Hong Kong cost an average of $1.16… Read More>>
In today’s roundup of regional real estate headlines, Hong Kong’s Swire Properties reveals plans for the last phase of its Brickell Key complex in Miami, and a report says the Chinese government is readying another round of support measures for… Read More>>
Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.
Classified as out-of-town retail parks, the freehold… Read More>>
The manager of Keppel DC REIT has announced the appointment of Loh Hwee Long as CEO of the Singapore-listed data centre trust to succeed departing chief Anthea Lee.
Loh, who currently serves as chief investment officer of Keppel Data Centres,… Read More>>
In today’s roundup of regional real estate headlines, Canada’s second-largest pension fund reportedly pauses investment in China, and Sichuan-based developer Languang is set to lose its listing on the Shanghai Stock Exchange after nine years of trading. Also in the… Read More>>
Hong Kong’s Link REIT posted revenue growth of 5.4 percent to HK$12.2 billion ($1.6 billion) for the 12 months ended in March, as the total distributable amount for Asia’s largest listed trust edged up 0.6 percent to HK$6.3 billion despite… Read More>>
