Asia Pacific real estate investment news and information
KKR has agreed to buy an office building in central Seoul on behalf of managed funds that include the buyout giant’s flagship Asia real estate vehicle.
KKR is acquiring the Namsan Green Building, a 57,574 square metre (619,721 square feet)… Read More>>
In today’s roundup of regional news headlines, SGX-listed Mapletree Industrial Trust has cut distributions despite rising income and a key Singapore official defends the city-state’s latest property tax hike. Over in the US, Japan’s MUFG is putting up for sale… Read More>>
Acquisitions of North American real estate by Asia Pacific-based investors jumped more than 400 percent year-on-year to a record $13.9 billion in the first quarter of 2023, according to Knight Frank.
The surge in property purchases was driven largely by… Read More>>
Singapore’s industrial rents rose for a 10th consecutive quarter in the first three months of 2023, with the 2.8 percent gain marking the fastest pace since the 4.4 percent growth recorded in the third quarter of 2013, according to government… Read More>>
In today’s roundup of regional news headlines, a spate of deals lifts Singapore’s shophouse market, and SGX-listed property firms are dealt a setback by the government’s surprise property tax hike. Also, in the news Keppel Data Centres plans to import… Read More>>
China Overseas Land and Investment, the country’s third-largest developer by contracted sales in 2022, got off to a flying start in 2023 as first-quarter contracted sales jumped 73.2 percent year-on-year to RMB 83.6 billion ($12 billion).
Sales of domestic commodity… Read More>>
Tenants in Hong Kong’s Grade A office market gave up 248,000 square feet (23,040 square metres) more than they leased during the first quarter of 2023 as an immediate rebound from the Lunar New Year holiday lull failed to materialise,… Read More>>
In today’s roundup of regional news headlines, Hong Kong home prices climb for a third month in a row as cross-border traffic returns, and ESR completes its latest logistics facility in Japan. Also in the news, US data centre player… Read More>>
GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a total floor area of 55,000 square metres (592,015 square feet).
GLP Kobe Sumiyoshihama and GLP Rokko V are near the port… Read More>>
Singapore-listed CapitaLand China Trust on Tuesday offered an upbeat appraisal of the REIT’s first-quarter performance, highlighting year-on-year increases in sales and foot traffic and a gradual rise in occupancy across the retail portfolio.
Retail sales at the trust’s properties rose… Read More>>
