Asia Pacific real estate investment news and information
Regional developer Hongkong Land said its underlying profit in 2022 fell 20 percent year-on-year to $776 million on declining contributions from residential projects in mainland China.
According to Hongkong Land’s preliminary results issued Thursday, the group’s profit attributable to shareholders… Read More>>
Hong Kong-based Mandarin Oriental International announced a return to underlying profit in last year’s preliminary results as the hotel group’s revenue surpassed pre-pandemic levels.
The Jardine Matheson-controlled chain posted an underlying profit attributable to shareholders of $8 million for the… Read More>>
In today’s roundup of regional news headlines, Hong Kong’s Jardine Matheson reports improved underlying earnings, and US private equity giant Blackstone reportedly defaults on a euro-denominated commercial mortgage-backed security.
Jardine Matheson Posts Higher Underlying Earnings, Eyes Beefed-Up… Read More>>
US developer and investment manager Hines has acquired a cold storage property in Queensland on behalf of its flagship Asia Pacific fund, marking the vehicle’s second acquisition in the northeast Australian state and seventh industrial asset overall in the country.
Evolution Data Centres is teaming with a local partner to build and operate a 69-megawatt data centre in the Philippines at a total project cost of $300 million, as the Warburg Pincus-backed firm targets digital infrastructure investments in Southeast Asia’s… Read More>>
Indian property giant Embassy Group is jointly developing a senior living community in Bengaluru with US builder Columbia Pacific Group, adding another partnership to Embassy’s list of tie-ups with international institutions.
The project, dubbed Serene Amara, will be the 11th… Read More>>
In today’s roundup of regional news headlines, fund management giant Blackstone says redemption requests for its private REIT slowed in February, and Allianz Real Estate rebrands under the PIMCO banner.
Blackstone Blocked Investor Withdrawals From $71B REIT… Read More>>
OMERS, the largest pension fund manager in Ontario, generated an investment return of 4.2 percent net of expenses last year, with double digit returns on its real estate and private equity bets compensating for shortfalls in other sectors.
The parent… Read More>>
A long anticipated succession at Country Garden Holdings has moved forward as chairman and executive director Yang Guoqiang hands the reins to daughter Yang Huiyan, adding to a string of mainland developer founders stepping back from their posts during China’s… Read More>>
In today’s roundup of regional news headlines, Asia’s richest man sets sights on India’s commercial property market, Morgan Stanley is set to exit an India industrial development, China’s home sales reverse months of declines as demand recovers, and troubled developer… Read More>>
