Asia Pacific real estate investment news and information
Princeton Digital Group has struck a deal to acquire 31 acres (12.5 hectares) of land in Malaysia’s southern Johor state, across the border from Singapore, to develop a 150-megawatt data centre campus.
Warburg Pincus-backed PDG on Monday entered a definitive… Read More>>
Alibaba has confirmed plans to pursue an initial public offering for its Cainiao logistics unit as the Chinese e-commerce group pushes forward with a restructuring plan announced in March.
Alibaba, which owns 67 percent of the equity in Cainiao Smart… Read More>>
In today’s roundup of regional headlines, the Lands Department launches the sale of a Kennedy Town residential plot in Hong Kong’s first government tender of the financial year, and Amazon renews leases for India office park space despite recent job… Read More>>
Singapore sovereign wealth fund GIC has formed a 50:50 joint venture with Brookfield India REIT to buy two commercial assets held by funds managed by the latter’s sponsor, Brookfield Asset Management, with a combined enterprise value of $1.4 billion.
The… Read More>>
Hongkong Land’s underlying profit fell in the first quarter of 2023, from year-earlier levels, as fewer sales completions in mainland China reduced its development income.
The contribution from investment properties was marginally above that of last year’s same period, with… Read More>>
In today’s roundup of regional headlines, units of Blackstone’s Indian mall REIT climb to a valuation of $1.9 billion in their trading debut, and US real estate mogul Sam Zell passes away after an illness. Also making the news is… Read More>>
Tokyo-listed GLP J-REIT plans to acquire three warehouses across Japan and a partial stake in a fourth shed for a total consideration of JPY 58.2 billion ($420 million), with the bulk of the amount to be financed by the issuance… Read More>>
US developer and fund manager Hines has added three new hires to its Japan team, led by Kiyohito Motoyama as director of logistics and industrial.
Motoyama, most recently of Mitsubishi Jisho Investment Advisors, will head up efforts to source new… Read More>>
In today’s roundup of regional headlines, Singapore’s GIC completes its acquisition of a Hyderabad office complex, and Chinese state-owned builder Greenland readies its virtual asset trading platform in Hong Kong. Also in the news, Fitch plans to pull its rating… Read More>>
WeWork’s ongoing turnaround will continue without the leadership of chairman and CEO Sandeep Mathrani, who is leaving the flexible space provider to become a director at private equity firm Sycamore Partners.
Mathrani will exit his roles at WeWork on 26… Read More>>
