Asia real estate and outbound investment news
Shares of debt-stricken China Evergrande saw a brief surge Monday after the developer sought to ease investor anxiety by announcing that work had resumed on more than 10 residential projects in six cities of Guangdong province.
In a WeChat post… Read More>>
Less than four years after the disposal of its embassy site in Bangkok, the UK Foreign Office continues to pare back its real estate footprint in Asia, announcing Thursday that it had agreed to sell a section of the British… Read More>>
Keppel DC REIT is expanding into the network infrastructure space under the terms of a deal announced late last week between its sponsor, Keppel Corporation, and Singapore Press Holdings which creates a new jointly held firm to hold telecom operator… Read More>>
Beijing-based private equity firm Sino-Ocean Capital is tapping the financial resources of one of the world’s biggest sovereign wealth funds to set up a $1.4 billion China office fund seeded with two projects acquired from parent Sino-Ocean Group.
The new… Read More>>
Hong Kong’s office market showed signs of revival after a prolonged slump as more tenants leased fresh space than gave up old offices for the first time in two years.
Net absorption of Grade A space in the world’s most… Read More>>
Savills Investment Management has secured backing from the family office of John Lim, the co-founder of Singapore-based ARA Asset Management, for a “contrarian” UK retail park fund that aims to raise £360 million ($500 million).
The cornerstone investors of Savills… Read More>>
Hong Kong-based Baring Private Equity Asia (BPEA) Real Estate on Monday announced the closing of a capital raising for mainland warehouse platform Forest Logistics, bringing the total equity commitment to more than $1.2 billion amid a surge in capitalisation for… Read More>>
Japan continues to provide a target-rich environment for the real estate fund management division of AXA Investment Managers, which announced Monday that it paid JPY 10.6 billion ($94 million) for a pair of Osaka residential assets to mark its fourth… Read More>>
Less than two weeks after LaSalle Investment Management reached a final closing on $987 million for its China logistics strategy, an announcement by one of the real estate fund manager’s partners shows another $1.5 billion on the way for the… Read More>>
A broad recovery is on the cards in Singapore’s office leasing market after a second straight quarter of growth for Grade A rents in the central business district, according to Cushman & Wakefield.
During the third quarter, Grade A office… Read More>>
