Asia Pacific real estate investment news and information
Singapore’s SC Capital Partners on Monday announced the sale of an education-focused commercial building in Seoul for KRW 54 billion ($37.7 million), as the fund manager continues to divest learning-related assets under the firm’s core-plus SCORE strategy.
SC Capital had… Read More>>
Two recently fired executives of JLL Australia have commenced legal action against the global real estate consultancy for wrongful termination.
Peter Blade and Greg Pike, both former high-ranking members of JLL’s Aussie industrial team, announced in separate LinkedIn postings on… Read More>>
NTT Global Data Centers has begun construction of a 36-megawatt Osaka hyperscale campus, according to a statement this week.
A groundbreaking ceremony at the site in Ibaraki City, 20 kilometres (12.4 miles) north of central Osaka, took place on 1… Read More>>
Less than five months after replacing its CEO, fund manager EQT has nominated its Asia boss to succeed founder Conni Jonsson as chairperson.
The appointment of Jean Eric Salata remains subject to regulatory approval and a shareholder vote next May,… Read More>>
HSBC Holdings has offered to take private its Hang Seng Bank subsidiary in a deal valuing the Hong Kong-based unit at HK$290 billion ($37.3 billion) on an equity basis.
Under the plan, the London-headquartered, Asia-focused lender would pay HK$106 billion… Read More>>
A consortium of UOL affiliates entered the highest bid of S$524.3 million ($404.6 million) for a residential site in central Singapore’s northern fringe, according to the Urban Redevelopment Authority.
UOL Group, Singapore Land and Kheng Leong overcame eight competing bids… Read More>>
Private equity titan Blackstone has agreed to sell a suburban Sydney mall to Singapore-listed Keppel REIT and Australia’s MA Financial Group for A$525 million ($344.6 million).
The REIT sponsored by Temasek-backed Keppel Ltd is acquiring its 75 percent interest in… Read More>>
Seoul-based Mastern Investment Management has partnered with the rental housing arm of property giant KT Estate on a 440-unit development in the Korean capital.
Mastern’s 22-storey project at Guui subway station in Seoul’s eastern Gwangjin district is part of a… Read More>>
Vita Partners, a life sciences and R&D real estate joint venture of fund manager Warburg Pincus and Australian builder Lendlease, has agreed to sell a portfolio of three industrial properties in Singapore to CapitaLand Ascendas REIT for S$565.8 million ($438.2… Read More>>
Fund management giant KKR has agreed to sell a 19.9 percent stake in its Tokyo-based logistics operator Logisteed to Japan Post Holdings for JPY 142.3 billion ($943.8 million).
The deal values Logisteed at over JPY 715 billion and is expected… Read More>>
