Asia Pacific real estate investment news and information
Abu Dhabi’s Mubadala Investment Company is teaming with executives of Fortress Investment Group in a takeover of the US fund manager, having agreed to acquire the 90.01 percent stake in Fortress currently held by Japanese venture investor SoftBank.
“Fortress is… Read More>>
In today’s roundup of regional headlines, Chinese developer Dalian Wanda reportedly looks to sell 20 malls for about $100 million each, as mainland credit woes help push distressed real estate debt levels to $190 billion globally. Also in the news,… Read More>>
Frasers Hospitality is tying up with Tishman Speyer and Tokyo-based Alyssa Partners to enter Asia’s rental residential sector through separate joint ventures in China and Japan involving S$170 million ($126.4 million) in build-to-rent homes.
The pair of deals will give… Read More>>
ESR’s M&A growth propelled the Hong Kong-listed firm ahead of arch-rival GLP Capital Partners to claim the top spot in assets under management for Asia Pacific non-listed real estate strategies in 2022, according to data compiled by a group of… Read More>>
In today’s roundup of regional headlines, hard-hit Vietnamese developer Novaland delays making payments on a $42 million bond, and Knight Frank predicts a full-year drop in Hong Kong’s lived-in house prices. Also making the news is a stalled project on… Read More>>
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>>
