Asia Pacific real estate investment news and information
Nuveen Real Estate has achieved a $100 million first closing of its Japan Alternatives Living strategy, which will focus on stabilised senior housing assets and also consider investments in the student accommodation, single family and co-living sectors.
Having recruited Dutch… Read More>>
New leasing volume in Hong Kong’s Grade A office market fell 6.7 percent year-on-year in the first half of 2022 and vacant space hit an all-time peak of 9.8 million square feet (910,450 square metres), as the fifth wave of… Read More>>
Warehouse giant ESR has agreed to sell a portfolio of nine industrial assets in China to a joint venture of the Hong Kong-listed group and Singapore sovereign fund GIC for $730 million.
The portfolio is 98 percent occupied and consists… Read More>>
Mainland developer Shimao Group failed to pay off a $1 billion offshore bond that came due on Sunday, etching its name in the list of Chinese real estate firms defaulting on dollar-denominated debt.
Shimao owed more than $1.02 billion in… Read More>>
ARA US Hospitality Trust is selling a portfolio of four underperforming hotels in mid-tier American cities for $32.5 million, as the Singapore-listed REIT seeks to rebalance its portfolio in favour of higher-yielding core assets.
The 507-room portfolio comprises four Hyatt… Read More>>
The manager of ESR-Logos REIT announced a flurry of people moves on Friday to round out the board of directors and management team at the SGX-listed trust formed by the March merger of ESR-REIT and ARA Logos Logistics Trust.
Logos… Read More>>
The buzz returned to Bangkok with this past week’s South East Asia Hotel Investors’ Summit (SEAHIS), as the in-person event at The Westin Grande Sukhumvit welcomed guests and panellists offering ideas for revitalising the hospitality business in a post-pandemic world.
City Developments Ltd has teamed up with fellow Singaporean investor HThree City to acquire an 18-storey building in downtown Melbourne for A$236 million ($162.2 million), marking an expansion by property giant CDL into the Australian office sector.
The Grade A… Read More>>
Singapore’s Straits Trading is adding to its UK real estate holdings with the acquisition of properties at a business park in the southwestern English city of Gloucester for £130 million ($157.7 million).
The real estate arm of the SGX-listed conglomerate… Read More>>
Private equity giant KKR has received a $50 million capital commitment to its new Asia Pacific infrastructure strategy from the Employees Retirement System of Texas, as real estate fund managers continue to rake in cash from state institutions in the… Read More>>
