Asia Pacific real estate investment news and information
An unidentified mainland Chinese investor has acquired an ageing building in Melbourne’s central business district, marking the first major office deal of 2023 in Australia’s second-largest city.
The 12-storey office block at 99 Queen Street changed hands after a competitive… Read More>>
In today’s roundup of regional news headlines, Keppel Corp’s 2022 shareholder return handily outperforms the broader Singapore index, and agency OrangeTee & Tie is hit with a financial penalty over a 2021 data breach. Also in the news, Australia’s Lendlease… Read More>>
SilkRoad Property Partners on Monday announced the acquisition of six Greater Tokyo assets for JPY 19.5 billion ($150 million), marking the Singapore-based firm’s first investment in Japan.
The properties consist of an office building in central Tokyo and five multi-family… Read More>>
Princeton Digital Group has hired Matthias Vukovich as chief investment officer, with the former Morgan Stanley banker to be based at the data centre provider’s Singapore headquarters.
Vukovich will lead investment and M&A activities at PDG, the company said in… Read More>>
In today’s roundup of regional news headlines, industrial giant ESR announces a new project in India’s Gujarat state, and Blackstone-backed Nexus Select Trust seeks to double its India mall holdings through acquisitions. Also on the list is a Cadillac Fairview… Read More>>
Singapore-listed Manulife US REIT has sold a three-building office park in Oregon for $33.5 million as it remains in ongoing discussions with South Korea’s Mirae Asset Global Investments on a potential sale of a stake in the trust’s manager.
The… Read More>>
In today’s roundup of regional news headlines, the en bloc tender of central Singapore’s Shenton House closes without a bid, while two more residential sites in the city-state’s Lentor area are released for sale by the government.
Shenton House Sale… Read More>>
Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their controlling shareholders, with the Ong family on Tuesday announcing a voluntary unconditional cash offer of S$0.62 per share for the builder.
The… Read More>>
Liu Chong Hing Investment has acquired a commercial building in London’s West End for £44 million ($54.7 million), as the Hong Kong-based firm takes advantage of a market slowdown to pick up its first real estate asset in the UK.
The owners of China’s Nam Tai Property have scored a victory in their legal battle against Shenzhen-based builder Kaisa Group Holdings, with a Hong Kong arbitrator dismissing Kaisa’s $146.9 million claim against Nam Tai over a disputed private placement.
The… Read More>>
