Asia Pacific real estate investment news and information
Invincible Investment Corporation, a Tokyo-listed hospitality and residential REIT, has agreed to acquire six hotels in Japan from affiliates of the trust’s sponsor, US asset manager Fortress Investment Group, for a total of JPY 57.2 billion ($400 million).
The largest… Read More>>
In today’s roundup of regional news headlines, a Hong Kong court schedules September hearings to determine the fate of China Evergrande’s debt restructuring plan, and Singapore’s GIC gathers funds for a South Korean data centre project. Also making the cut… Read More>>
Private equity major Bain Capital on Sunday announced an agreement to acquire 90 percent of two companies controlled by Indian billionaire Gautam Adani.
The transaction will buy out 100 percent of the Adani family’s private investments in Adani Capital, which… Read More>>
Dalian Wanda Group has agreed to sell a 49 percent stake in an investment division which holds a stake in its Wanda Film unit for RMB 2.27 billion ($320 million), with reports indicating that the cash raised will go towards… Read More>>
In today’s roundup of regional news headlines, Chinese regulators host global fund managers in a bid to boost market confidence amid a sputtering economy, and Singapore’s GIC agrees to buy a logistics facility in Japan’s Nagoya area. Also making the… Read More>>
Blackstone on Thursday announced a 39 percent year-on-year drop in distributable earnings to $1.2 billion in the second quarter, but the profit skid was tempered by a 6 percent rise in the private equity giant’s assets under management to an… Read More>>
Australian hospitality group Ovolo has launched a dedicated investment and asset management arm dubbed TriO Capital to drive expansion efforts, with an initial focus on Asia Pacific.
Named after the three O’s in Ovolo, TriO is led by managing director… Read More>>
In today’s roundup of regional news headlines, Dalian Wanda’s property management unit reportedly eyes the sale of an unidentified asset to raise cash to pay a maturing offshore bond, with rating agencies warning of an imminent default. Also making the… Read More>>
Two private funds of Singapore’s Keppel Corp have acquired an office tower in the Seoul CBD for an undisclosed amount, increasing the conglomerate’s South Korean assets under management to nearly KRW 2.6 trillion ($2 billion).
The Bank of Korea’s Sogong… Read More>>
Guangzhou R&F Properties co-chairman Zhang Li has avoided jail time and will not see criminal charges after admitting to bribing a local official in order to secure approvals for a San Francisco mixed-use project.
Under the deal reached with US… Read More>>
