Asia Pacific real estate investment news and information
Singapore-based Digital Edge has acquired five data centres in Japan for $230 million, nearly doubling the firm’s total capacity in the country to 38 megawatts.
With the transaction, the startup backed by Manhattan-based private equity shop Stonepeak added a further… Read More>>
Hong Kong Resorts International has made a successful bid of RMB 830.4 million ($130.3 million) for a residential plot in Shanghai’s southwestern suburbs, as the developer continues to seek expansion opportunities in the mainland’s Yangtze River Delta region.
HKRI’s latest… Read More>>
Singapore’s Mapletree Investments on Wednesday announced the $1.4 billion closing of a new US-focused private logistics fund seeded with 155 properties across 19 states.
The fully invested Mapletree US Logistics Private Trust has a net asset value of $3.3 billion… Read More>>
Singapore-based Hoi Hup Realty has sold the first overseas asset it ever bought, an office building near the northern tip of the City of London, for £75 million ($100.1 million), unloading the property at a £2 million markdown.
Hoi Hup… Read More>>
There’s no turning back for warehouse operators after the COVID-19 pandemic propelled adoption of efficiency-boosting technologies like automated… Read More>>
US-based Digital Realty is putting the finishing touches on the IPO of a global data centre REIT with a view to raising $600 million, a capital haul that could overtake the recently listed Daiwa House Logistics Trust as Singapore’s largest… Read More>>
Average office rents in Hong Kong’s Grade A office market rose 0.2 percent in October from the month before, their first increase since rates last peaked in May 2019, according to JLL.
On a net effective rental basis, average tariffs… Read More>>
Tokyo has emerged as the top Asia Pacific city by property investment prospects in 2022, muscling aside second-place Singapore after the city-state took the honour the last two years in a row, according to a report released this week.
Hong… Read More>>
Units of Daiwa House Logistics Trust began trading Friday afternoon on the Singapore Exchange after the Japan-focused industrial REIT’s IPO proved a smash hit with investors.
Priced at S$0.80 per unit, the public offering comprised an international placement of 219,438,000… Read More>>
US developer Hines has acquired Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, which the firm plans to convert into a co-living flagship to be managed by local residential operator Dash Living.
The 18-storey asset… Read More>>
