Asia Pacific real estate investment news and information
Japan’s Sumitomo Forestry has agreed to acquire Tri Point Homes in a deal valuing the US developer at $4.5 billion, with the combination expected to create America’s fifth-largest homebuilder by sales.
Sumitomo Forestry said the buy would strengthen its US… Read More>>
A consortium led by Macquarie Asset Management has agreed to buy ASX-listed Qube Holdings in a deal valuing the Sydney-based logistics operator at A$11.7 billion ($8.3 billion).
The consortium’s members include Australian pension fund UniSuper, which already holds a 15.07… Read More>>
Asian industrial specialist ESR on Monday announced its sale of stakes in a Yokohama warehouse to France’s BNP Paribas Asset Management Alts and Dutch pension investor PGGM.
The newly built ESR Yokohama Sachiura Distribution Centre 3 comprises 165,000 square metres… Read More>>
PGIM Real Estate has acquired a site in the industrial heartland west of Melbourne for development of a data centre campus, as the fund manager continues to grow its digital infrastructure footprint in Asia Pacific.
The 20.7 hectare (51.2 acre)… Read More>>
Brookfield Asset Management on Thursday confirmed that it has agreed to buy the headquarters building of ad agency Dentsu Group, with the North American giant signalling plans to continue its expansion in Japan’s real estate market.
Mingtiandi reported Wednesday that… Read More>>
Nuveen has agreed to buy Schroders in an all-cash deal valuing the UK investment manager at £9.9 billion ($13.5 billion), a transaction that would create a super-sized firm with nearly $2.5 trillion in assets under management.
Under the terms of… Read More>>
Australian fund manager Charter Hall has formed a joint venture with Japanese property giant Mitsubishi Estate to develop an industrial park in Melbourne’s western suburbs.
The project will provide 40,000 square metres (430,556 square feet) of warehouse space as the… Read More>>
Brookfield Asset Management is putting the final touches on a deal to buy the headquarters building of Japanese advertising giant Dentsu Group, with market sources confirming a transaction value of JPY 300 billion ($1.9 billion) for the Tokyo tower.
The… Read More>>
Hong Kong’s Gaw Capital Partners and Brisbane-based GreenFort Capital are considering the potential sale of their Reside Communities platform, an owner-operator of five retirement villages in Australia’s Queensland.
Gaw joined forces with GreenFort in 2018 on Reside, which has grown… Read More>>
UIB Holdings Ltd, a Macquarie Asset Management-controlled fund manager, is a step closer to an initial public offering of its sponsored UI Boustead REIT after receiving an eligibility-to-list letter from the Singapore Exchange.
As part of the process, Boustead Singapore… Read More>>
