Asia Pacific real estate investment news and information
Macquarie-backed data centre operator AirTrunk announced its Asia operational debut on Wednesday as the Australian firm opened hyperscale cloud facilities in Singapore and Hong Kong.
The two projects have a combined capacity of more than 80 megawatts, and are being… Read More>>
After raising and deploying a series of successful property ventures, the Asia Pacific boss of LaSalle Investment Management is advancing to the fund manager’s top job.
LaSalle, an operationally independent arm of property services firm JLL, announced on Monday that… Read More>>
JLL has announced new leadership for East China with the appointment of Anny Zhang as managing director of the region’s business operations.
Zhang, a 15-year veteran of the global property services firm, will succeed Eddie Ng to become the first… Read More>>
Mainland muscle is flexing yet again in Hong Kong’s land market, as China Overseas Land & Investment on Wednesday beat out nine rivals, including eight of the city’s top local builders, to snag a waterfront residential plot in the Kai… Read More>>
Savills Investment Management this week announced the launch of a pan-European logistics investment fund with partner Vestas Investment Management, targeting a gross asset value of up to €500 million ($604 million).
In a Monday press release, Savills IM described Vestas… Read More>>
CapitaLand’s shift to a strategy aligned with an increasingly digital economy continues, with the Singaporean developer on Tuesday announcing the divestment of three Japanese malls and a Korean office tower for a combined S$448.7 million ($335 million), and the acquisition… Read More>>
In full-year guidance released Monday, City Developments Ltd said it expected the effects of the COVID-19 pandemic to continue into 2021 as the Singaporean developer predicted a loss for 2020.
CDL foresees its global hospitality segment, led by wholly owned… Read More>>
In this week’s edition of People in the News, a boardroom succession takes shape at Hong Kong multinational HKRI, the third generation at New World Development gains a seat on the HSBC board, and WeWork in Singapore announces a pair… Read More>>
Mapletree Investments continues its drive to add more warehouse space to Japan’s logistics market, announcing this week that it acquired a 116,319 square metre (1,252,047 square foot) site near the city of Fukuoka for development into two blocks of four-storey… Read More>>
Fresh off its announcement last week of a plan to streamline its loss-making hotel division, City Developments Ltd has named two new directors to the CDL board, including an old Asia hand with nearly five decades of hospitality experience.
The… Read More>>
