Asia Pacific real estate investment news and information
Baring Private Equity Asia on Thursday announced the acquisition of the Sydney Hilton hotel by the firm’s affiliated real estate funds for A$530 million ($370 million), confirming Mingtiandi’s May report on the disposal by Chinese-backed investor Bright Ruby Resources.
The… Read More>>
Elite Partners Capital on Tuesday announced its acquisition of a warehouse in the central Netherlands, marking the Singapore-based fund manager’s entry into the Dutch logistics market.
The asset in the city of Nunspeet provides a gross floor area of 30,817… Read More>>
Singapore’s strata office sales amounted to S$365.1 million ($265 million) in the first half of 2022, marking a 15.7 percent decline from the prior six months and a 48.1 percent plunge on year-earlier levels, according to Knight Frank.
A total… Read More>>
Hongkong Land posted a first-half profit attributable to shareholders of $292 million, reversing a year-earlier loss of $865 million, but the builder remains lukewarm on the full-year outlook as anti-COVID measures roil office leasing in its home patch and sporadic… Read More>>
Singapore’s GIC increased its allocation to real estate assets to 10 percent during its most recent fiscal year, from 8 percent a year earlier, as the sovereign wealth fund frets over inflation and growing uncertainty.
For the 12 months which… Read More>>
Country Garden Holdings, long considered one of the healthier specimens among China’s ailing developers, plans to sell HK$2.83 billion ($361 million) in new shares at a discount to shore up its decaying financial position.
Guangdong-based Country Garden will place 870… Read More>>
Jingrui Holdings has made a series of disclosure to the Hong Kong exchange, struggling to explain the mysterious disappearance of over RMB 4.9 billion ($730 million) in claimed bank deposits that led to PricewaterhouseCoopers resigning as its auditor in May.
SGX-listed CapitaLand Integrated Commercial Trust will spend S$62 million ($44.7 million) to upgrade its Clarke Quay nightlife complex along the Singapore River into a day-and-night destination with enhanced sustainability credentials.
The value-add project, to be carried out in phases from… Read More>>
China Evergrande forced its chief executive and chief financial officer to resign last week, citing their involvement in a scheme in which loans secured by pledge guarantees were transferred and diverted back to the debt-saddled developer via unnamed third parties… Read More>>
A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing resilience in demand for high-end homes as higher interest rates threaten to tamp down luxury market sentiment.
House 11 in… Read More>>
