Asia Pacific real estate investment news and information
A new entrant has emerged in the race to acquire data centre giant Global Switch Holdings, with Australia’s NextDC reportedly readying a bid for the Asia Pacific portfolio of the Chinese-controlled firm.
ASX-listed NextDC, which owns and operates 14 data… Read More>>
Singapore’s GIC has formed a joint venture with US rental housing operator Greystar to acquire Britain’s third-largest student accommodation provider, Student Roost, as the sovereign wealth fund holds fast to a favoured investment theme stretching back at least six years.
Blackstone has become the latest global investor to join forces with independent asset manager Alyssa Partners on a Japan residential deal, with the pair having acquired a portfolio of 19 multifamily assets across four key cities.
The properties in Tokyo,… Read More>>
The daughter of Kaisa Group chairman Kwok Ying-shing has agreed to sell half of her 28.4 percent shareholding in Hong Kong-listed publisher Sing Tao News, as the developer continues to pare back its holdings after defaulting on offshore debt late… Read More>>
Jiayuan International on Thursday announced a tentative plan to sell its stake in subsidiary Jiayuan Services to rival Jinke Smart Services, as China’s debt-saddled developers seek to unlock value from their relatively healthy property management units.
Under the non-binding framework… Read More>>
The Singapore arm of regional developer Wing Tai has entered the winning bid of S$273.9 million ($199.2 million) for a lakefront residential complex put up for collective sale in the city-state’s Jurong East area, providing further proof of growing builder… Read More>>
A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese conglomerate’s bankrupt Manhattan skyscraper, after the joint venture partners fell out over their failure to replace a departed anchor… Read More>>
GLP has seized the top spot among real estate fund managers in Asia Pacific, with the industrial specialist nearly doubling its APAC assets under management to $80.5 billion in 2021, according to data compiled by a group of non-profits serving… Read More>>
Amazon is reportedly nearing a deal to lease as much as 350,000 square feet (32,516 square metres) of office space at the under-construction IOI Central Boulevard Towers in downtown Singapore.
The e-commerce giant is said to be in advanced talks… Read More>>
Hongkong Land reported higher underlying profit in the first quarter of 2022 compared with year-earlier levels, as a rise in completions from its development pipeline in mainland China offset COVID-led weakness in the group’s office and retail portfolios at home.
