Asia Pacific real estate investment news and information
Following the failed privatisation of Frasers Hospitality Trust last September, sponsor Frasers Property has made a change at the top with the appointment of Eric Gan as CEO of the Singapore-listed REIT’s managers, succeeding Eu Chin Fen.
Eu in turn… Read More>>
In today’s roundup of regional news headlines, Mapletree Logistics Trust plans to raise some quick cash from the disposal of two warehouses in Malaysia, where the state’s largest pension fund is also eyeing asset sales.
Mapletree Logistics… Read More>>
In today’s roundup of regional news headlines, Singapore’s ST Telemedia Global Data Centres reportedly contemplates an initial public offering, Dalian Wanda’s services unit scores a big offshore loan, and Kaisa Group is taken to court in New York over missed… Read More>>
PAG has raised a further $270 million for its third pan-Asian core-plus/value-add real estate fund, according to a filing with the US Securities and Exchange Commission.
The Hong Kong-based private equity firm received its latest commitment to PAG Real Estate… Read More>>
PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin Financial Global Centre from the property’s receivers for HK$5.6 billion ($713 million), confirming a Mingtiandi report from last month.
The… Read More>>
In today’s roundup of regional news headlines, electronics giant Philips concludes the previously announced sale of its APAC headquarters, Singaporeans rankle at rising housing costs, and Twitter walks away from its Asia HQ.
Philips Completes $76M Sale… Read More>>
A condo complex on Singapore’s Upper East Coast Road has sold for S$115.3 million ($86.6 million) in the city-state’s first collective sale of 2023, with a consortium of unidentified buyers braving a slowing housing market to pick up the 43-unit… Read More>>
PGIM Real Estate on Wednesday announced the hiring of Eileen Yong as deputy portfolio manager for the firm’s Asia core strategy.
Carrying the title of executive director, Yong most recently was a senior fund manager at LaSalle Investment Management and… Read More>>
In today’s roundup of regional news headlines, the collective sale of Singapore’s Golden Mile Tower enters the negotiation phase after its tender closes, and a Korean activist fund agrees to acquire Seoul-based Meritz Asset Management.
Golden Mile… Read More>>
Temasek Holdings-backed ST Telemedia Global Data Centres has completed the sale of a 40 percent stake in its UK-based Virtus subsidiary to Macquarie Asset Management.
The investment by the Australian fund manager will enable the digital infrastructure arm of Singapore’s… Read More>>
