Asia real estate and outbound investment news
Things are heating up as the Australian summer approaches, with China’s sovereign wealth fund paying A$925 million ($674 million) to purchase a 50 percent stake in Sydney’s Grosvenor Place office tower in 2020’s biggest commercial property deal Down Under.
The… Read More>>
In this week’s edition of People in the News, a stalwart of the region-wide Guoco investment group retires after 40 years of service, while the next generation rises at mainland Chinese property management firm Kaisa Prosperity Holdings. In other moves,… Read More>>
Millennium & Copthorne Hotels Ltd has offered a glimpse of its recovery strategy after a 12-month period that witnessed an ill-timed privatisation, a sector-wrecking pandemic and boardroom upheaval.
After the hospitality division of Singapore-listed City Developments Ltd (CDL) reported a… Read More>>
US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 square metre (363,820 square foot) cold storage facility and adjacent development site in southern China’s Guangdong province.
The property is in Dongguan’s… Read More>>
Singapore’s sovereign wealth fund, GIC, is set to further its reach in European warehousing through a joint venture announced this week that aims to acquire and develop last-mile distribution centres and urban logistics assets in the continent’s gateway cities.
Financial… Read More>>
Asia Pacific commercial property transactions fell to $26 billion in the third quarter as they tumbled 38 percent year-on-year, with the industrial segment showing resilience and South Korea standing out among key markets for its robust activity during the period.
Cushman & Wakefield has announced the appointment of Chris Cuff as regional executive director for commercial leasing, based in Singapore.
Cuff previously worked at Cushman & Wakefield for 10 years in North America as vice president for office leasing in… Read More>>
Tuan Sing Holdings is making one of Singapore’s largest commercial real estate sales this year after signing a S$500 million ($371 million) sale and purchase agreement with a BVI-registered buyer for the firm’s Robinson Point office building.
In a statement… Read More>>
Ocean West Capital Partners has returned to campus with the acquisition of an 18-storey student housing tower at a flagship Texas university.
The California-based fund manager led an investment group comprising South Korean firms KIS and Tiger Alternative Investors, as… Read More>>
CapitaLand on Tuesday announced the retirement of Ng Kee Choe as chairman, effective at the close of next April’s general meeting, as Southeast Asia’s largest developer highlighted signs of recovery in its third-quarter business update.
Miguel Ko, the deputy chairman,… Read More>>
