Asia Pacific real estate investment news and information
Li Ka-shing’s CK Asset has completed the sale of its 5 Broadgate building in London to South Korea’s National Pension Service (NPS) for £1.21 billion ($1.57 billion), marking the UK capital’s biggest property deal in almost five years.
The developer… Read More>>
Soho China is selling 32,000 square metres (344,445 square feet) of what it calls “high-quality properties” in Beijing and Shanghai at a 30 percent discount, as the developer looks to shore up its financial position after a planned takeover by… Read More>>
Swire Properties today reported a nearly 25 percent drop in underlying profit attributable to shareholders for 2021, as the company struggles with weak commercial leasing and hospitality environments in its core markets of Hong Kong and mainland China.
In the… Read More>>
Wharf Holdings on Wednesday reported a 7 percent rise in its 2021 underlying net profit to HK$3.65 billion (now $470 million), but the Hong Kong developer cited lingering COVID-19 troubles and the war in Ukraine as it gave a downbeat… Read More>>
After amassing a portfolio of US student housing assets throughout 2021, Ascott Residence Trust has turned its attention to Japan with the acquisition of five freehold properties for a combined JPY 10.4 billion ($90 million).
The Singapore-listed REIT has agreed… Read More>>
Gaw Capital Partners and Centrin Data have engaged Singapore-based SpaceDC to sell rack space and services at their joint venture’s data centres in China.
Hong Kong family-run firm Gaw and Beijing-headquartered Centrin set up the JV in 2019 as the… Read More>>
Hong Kong-listed Link REIT has obtained a $12 billion sustainability-linked loan (SLL) in a deal touted by the trust’s manager as the biggest ever for a green credit facility in Asia’s real estate sector.
Link REIT signed with 16 banks… Read More>>
Despite a COVID-led easing in the current quarter, Asia Pacific’s real estate transaction volume is on track for double-digit growth in 2022 and 2023 as an economic recovery invigorates the occupier sector, according to a report from Cushman & Wakefield.
US developer and fund manager Hines is boosting its regional project management capability with the hiring of Sefton Campbell to set up and lead the firm’s conceptual construction group in Asia Pacific.
Sydney-based Campbell joins Hines after more than 14… Read More>>
Schroders has continued the expansion of its real estate division with the establishment of a Japan property investment operation last month, according to company representatives.
The UK investment management firm has appointed former JP Morgan Asset Management executive Keisuke Kusano… Read More>>
