Asia Pacific real estate investment news and information
GLP’s Japan-focused REIT has completed a global offering of newly issued investment units, raising JPY 55.6 billion ($532 million) to acquire seven Japanese warehouse properties and furthering a busy season in the country’s logistics market.
The portfolio of assets purchased… Read More>>
Knight Frank has announced new titles for two stalwarts of the agency’s Greater China office in Hong Kong.
Alnwick Chan has been rechristened as managing director for professional services and Paul Hart is now managing director for commercial markets, the… Read More>>
BlackRock last week disclosed an additional capital raise for its fifth Asia real estate fund, positioning the asset management giant to gain from a recovery in the regional economy once the COVID-19 crisis fades into the background.
In a filing… Read More>>
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>>
