Asia Pacific real estate investment news and information
Hidden Hill Capital on Wednesday announced the final close of its second RMB private equity fund targeting logistics and proptech companies, with the strategy having raised RMB 8 billion ($1.1 billion) in capital commitments.
Hidden Hill PE RMB Fund II… Read More>>
Shui On Land has agreed to sell a 65 percent equity interest in a Shanghai commercial project to a fund controlled by state-owned insurer Dajia Life for RMB 1.2 billion ($170 million).
The disposal is in line with Shui On’s… Read More>>
The primary mainland unit of China Evergrande has reported more than RMB 316 billion ($44.3 billion) in unpaid due debts, as 2023 drew to a close without completion of a restructuring deal for the world’s most leveraged developer.
The unit,… Read More>>
Japan Hotel REIT has completed its acquisition of a 170-room property in central Yokohama for JPY 4 billion ($28 million), the trust’s manager announced late last week.
Hotel JAL City Kannai Yokohama is a limited-service hotel aimed at business and… Read More>>
Healthy tourism in Japan continues to fuel a hotel investment boom in Kyoto, with a 75-room property the latest hospitality asset to change hands in the country’s ancient capital.
Tokyo-based real estate investor Kasumigaseki Capital sold the SH by the… Read More>>
Swire Properties on Tuesday warned of a 70 percent drop in full-year profit for 2023, laying the blame on a HK$4.5 billion ($580 million) valuation loss in the developer’s investment portfolio.
Hong Kong-based Swire Properties cited a lower fair-value gain… Read More>>
New World Development has teamed with state-controlled China Resources Land on a residential joint venture worth a reported HK$10 billion ($1.28 billion), giving the debt-laden Hong Kong builder a chance to raise cash from farmland it owns in the New… Read More>>
Growth in Grade A office rents in downtown Singapore is expected to taper to 2 percent next year from 2023 levels amid a surge in new supply, according to Cushman & Wakefield.
After rising 6.5 percent in 2022 and an… Read More>>
Warehouse rents in Hong Kong declined 0.5 percent year-on-year in the third quarter of 2023 as logistics demand continued to diminish and warehouse tenants refrained from actively seeking expansion opportunities, according to Savills.
The Asian finance hub’s logistics sector has… Read More>>
Nippon REIT will buy four properties in Tokyo, Nagoya and Sendai for a total of JPY 5.65 billion ($40 million) and sell a separate Nagoya asset for JPY 835 million ($5.9 million), the TSE-listed trust announced Thursday.
The top completed… Read More>>
