Asia Pacific real estate investment news and information
TE Capital Partners and LaSalle Investment Management have completed their S$450 million ($331 million) acquisition of the VisionCrest Commercial building in Singapore’s Orchard area, finalising the biggest office deal announced in the city-state in 2023.
The joint venture is between… Read More>>
The global travel recovery drove demand at CapitaLand Ascott Trust in 2023, with the Singapore-listed lodging REIT’s full-year distribution rising 25 percent to S$237 million ($176.7 million).
CLAS, a stapled trust comprising CapitaLand Ascott REIT and CapitaLand Ascott Business Trust,… Read More>>
Singapore-listed Keppel DC REIT’s distributions per unit sank 16.1 percent year-on-year in the second half of 2023, dragging full-year DPU to a decline of 8.1 percent, as the data centre trust wrestled with higher finance costs and a difficult tenant… Read More>>
Sinar Mas Land has introduced a fund to support biomedicine startups, research centres and health technology in the Indonesian builder’s home country.
The real estate division of the Widjaja family’s Sinar Mas conglomerate launched the vehicle this week in support… Read More>>
CapitaLand India Trust has launched its first captive solar plant in the southern state of Tamil Nadu as part of efforts to step up sustainability at the Singapore-listed REIT.
The 21-megawatt solar plant will generate more than 30 million kilowatt-hours… Read More>>
Goodman Group is expanding its presence in Asia’s data centre scene with a 50-megawatt conversion project in Hong Kong and a 1,000MW campus development in Greater Tokyo.
The Australian industrial specialist has begun to redevelop a building it owns in… Read More>>
Equalbase has begun construction of a MYR 300 million ($63.6 million) warehouse as the Singapore-based developer’s first carbon-neutral logistics facility in Malaysia’s Penang.
Located in Val d’Or in the mainland section of the state, the new shed will span more… Read More>>
Frasers Centrepoint Trust’s latest update paints a picture of robust health in Singapore’s retail sector, with the REIT reporting committed occupancy of 99.9 percent across its nine-asset mall portfolio amid rising foot traffic and store sales.
Committed occupancy during the… Read More>>
APAC warehouse specialist Logos and Canadian investor Ivanhoe Cambridge have expanded their Chakan Industrial Estate in India’s Maharashtra state via a fresh land acquisition, with the longtime partners committing more than INR 11 billion ($130 million) to the development project.
The chief executive of Asia’s biggest listed property trust sees the region’s beaten-down REITs staging a turnaround this year if interest rates ease as expected.
A stabilised interest rate and economic environment will support a recovery in REIT valuations, Link… Read More>>
