Asia Pacific real estate investment news and information
Savills China is beefing up its management team with the appointment of longtime CBRE executive Louisa Luo as country head of industrial and logistics.
Based in Shanghai, Luo will oversee strategic operations, business development and team management while continuing to… Read More>>
SGX-listed Lendlease Global Commercial REIT has agreed to pay S$337.3 million ($254.7 million) to boost its slice of a western Singapore mixed-use development, following a recent fundraising.
LREIT’s second major investment since its 2019 IPO will see the real estate… Read More>>
SGX-listed City Developments Ltd on Friday said it had applied for an initial public offering of a real estate investment trust that will own commercial assets located in the UK.
The official statement confirmed rumours that had been building for… Read More>>
Indian mall developer Phoenix Mills has secured a second deal with a deep-pocketed global investor in less than a week, this time entering into a strategic partnership with Singapore’s GIC.
The sovereign wealth fund will acquire “a significant minority stake”… Read More>>
Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.
The REIT sponsored by property giant CapitaLand… Read More>>
Office vacancy in Hong Kong’s Central district edged up to 7.5 percent in April from 7.3 percent a month earlier as overall rents in the city drifted lower, according to a report released recently by JLL.
An overall net withdrawal… Read More>>
PGIM Real Estate on Wednesday announced a pair of logistics real estate investments in China that see it spending $323 million to acquire warehouse projects from Warburg Pincus-backed developer New Ease.
The real estate arm of fund manager PGIM, a… Read More>>
The Executive Centre, a Hong Kong-based provider of upscale flexible office space, will be acquired by US buyout firm KKR and Singapore’s TIGA Investments for an undisclosed amount, realising an exit strategy that so far has eluded better-known rival WeWork.
Taronga Ventures continues to sign up marquee investors for its flagship proptech fund, winning commitments from two of the best-known names in Japan’s business world.
Taronga announced last week that Mitsubishi Corporation and Nomura Real Estate Development had agreed to… Read More>>
Singapore-listed Mapletree North Asia Commercial Trust has agreed to buy a Tokyo office building fully occupied by Hewlett-Packard Japan for JPY 38.8 billion ($350 million).
MNACT will acquire an effective interest of 98.47 percent in the nine-storey office block in… Read More>>
