Asia Pacific real estate investment news and information
MA Financial Group and Coombes Property Group have teamed up to acquire Midtown Melbourne, a retail-led mixed-use asset in the city’s centre, from IFM Investors for A$154 million ($110 million), as shopping-driven assets regain favour with investors.
The nine-level freehold… Read More>>
Ingham Property Group is seeking a buyer for a half-stake in a A$1 billion ($714 million) logistics project anchored by German supermarket giant Aldi, as the family-owned developer looks to bring in a long-term partner on the new estate east… Read More>>
Rava Partners has agreed to buy a majority stake in fund manager Barwon Investment Partners, extending the real asset unit of Hillhouse Investment’s push into Australia’s alternative property sector, according to sources familiar with the transaction who spoke with Mingtiandi.
Hongkong Land said its underlying profit rose 5 percent year-on-year in the first quarter, as lower financing charges offset reduced contributions from Singapore following the disposal of Marina Bay Financial Centre Tower 3 ahead of the launch of its maiden… Read More>>
Japan Real Estate Investment Corporation logged stronger earnings for the six months to March as rental growth and property sales lifted income at Mitsubishi Estate’s flagship office REIT, but the trust warned that rising interest rates are beginning to squeeze… Read More>>
Trades of income-earning properties in Asia Pacific rose 22 percent year-on-year during the first quarter to $51.1 billion, with Singapore posting a record result as a revival in cross-border capital helped broaden the region’s investment recovery.
Investment in Singapore surged… Read More>>
Bain Capital closed its latest Asia Pacific private equity vehicle with $10.5 billion in total capital raised, as the investment giant accelerates bets on digital infrastructure in the region through its control of Bridge Data Centres.
Bain Capital Asia Fund… Read More>>
Lendlease investment management CEO Justin Gabbani will step down at the end of June and leave the Australian property group after more than two decades with the company, marking the latest senior executive exit at the developer and fund manager… Read More>>
Blackstone-backed Bagmane Prime Office REIT climbed in its India trading debut after raising INR 34.1 billion ($360 million) in the country’s latest real estate trust listing.
The REIT’s units closed Thursday at INR 103.66, up 3.7 percent from the INR… Read More>>
Singapore’s new private home sales surged to a six-month high in April, powered by the launch of two mass-market projects that found strong buyer demand, according to data released Friday by the Urban Redevelopment Authority.
Developers sold 1,548 new private… Read More>>
