Asia Pacific real estate investment news and information
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>>
Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime local partner IGIS Asset Management to acquire Shinhan Investment Corporation’s Seoul headquarters for KRW 639.5 billion ($487 million).
Shinhan Investment… Read More>>
