Asia Pacific real estate investment news and information
Chris Fossick has left his longtime role as JLL’s Southeast Asia CEO and joined the board of London-based developer Native Land.
Fossick will sit as a non-executive director at Native Land, whose projects include the Bankside Yards mixed-use development in… Read More>>
Nomura Real Estate Holdings posted a 5.6 percent year-on-year profit rise to JPY 43.2 billion ($290 million) for the nine months to December as the Japanese developer’s operating revenue jumped 22.7 percent to JPY 518.3 billion.
During the period, which… Read More>>
A US residential developer controlled by China’s Landsea Group has agreed to buy a Texas homebuilder for a cash consideration of $185 million plus assumption of responsibility for $47.2 million in debt.
Landsea Homes is acquiring privately owned Antares Homes… Read More>>
KKR on Wednesday announced the $6.4 billion final close of its second Asia-dedicated infrastructure fund, with the US buyout giant having already deployed more than half of the vehicle’s committed capital across 10 investments.
The fund, dubbed KKR Asia Pacific… Read More>>
Link REIT has appointed Duncan Gareth Owen as independent non-executive director and chair-elect, setting up a transition to culminate in the Londoner’s ascension to the chairmanship in 2025.
Owen, 56, is chairman of Workspace Group, an LSE-listed REIT of British… Read More>>
GuocoLand posted a 12 percent year-on-year rise in profit to S$66.2 million ($49.4 million) for its fiscal first half as revenue shot up 61 percent to more than S$1 billion.
The SGX-listed property arm of Malaysia’s Hong Leong Group recorded… Read More>>
GLP Capital Partners on Wednesday announced the sale of 12 logistics assets in Brazil via two separate transactions totalling $300 million, with a source identifying the buyers as Brookfield Asset Management and BTG Pactual.
The properties span 642,000 square metres… Read More>>
The third generation is taking the helm at one of Hong Kong’s oldest and largest property developers, with Hang Lung Properties on Tuesday announcing the appointment of Adriel Chan as chairman to succeed his father, Ronnie Chan, who is retiring.
Singapore-listed Keppel REIT posted a 2 percent drop in distribution per unit for 2023 as borrowing costs jumped 16 percent and interest income plunged 70.9 percent.
Full-year net property income rose 3.7 percent to S$182.4 million ($136.2 million), boosted by… Read More>>
China outpaced all Asia Pacific countries in fourth-quarter commercial real estate deals, with asset purchases by state-owned groups propelling a 50 percent year-on-year rise in mainland investment volume to $11.1 billion, according to JLL.
While Asia’s biggest economy led the… Read More>>
