Asia Pacific real estate investment news and information
Singapore sovereign giant GIC and Canadian developer CLV Group have formed a joint venture to acquire Toronto-listed apartment trust InterRent for C$4 billion ($2.9 billion).
The all-cash deal includes assumption of debt and represents a 35 percent premium to the… Read More>>
Asia’s largest real estate investment trust grew its top line and boosted its distributions to investors in the 12 months ending 31 March, as operating performance continued to improve, according to financial results released on Tuesday.
Hong Kong’s Link REIT… Read More>>
The financier behind Singapore’s SC Capital Partners is backing a newly established boutique advisory firm headquartered in Abu Dhabi that focuses on real assets including commercial properties, hotels and data centres.
Elaeo Partners has won the support of SC Capital… Read More>>
Indian builder Embassy Developments Ltd has received INR 10.6 billion ($120 million) in fresh equity capital via the conversion of warrants by entities including funds managed by Blackstone, as the US private equity titan continues to bet on one of… Read More>>
Vacancy in Hong Kong’s Grade A office market held steady in April at 13.7 percent, with prime Central district reporting a slight increase, after commercial property investment in the city fell 17.8 percent year-on-year in the first quarter to $850… Read More>>
North American fund manager BGO has acquired three Sydney warehouses for A$201 million ($129.6 million) through a joint venture with Aussie property investor Centuria Capital Group, adding to a salvo of recent deals in one of the world’s hottest industrial… Read More>>
RealVantage has acquired a $55 million warehouse project in South Korea alongside developer ESR, giving the Singapore-based fractional investment platform its first asset in Asia Pacific’s fourth-largest economy.
ESR Kendall Square, the Korean arm of the Hong Kong-listed industrial giant,… Read More>>
Weave Living has teamed up for a second time with asset management titan BlackRock to acquire a Singapore serviced apartment building for around S$100 million ($77.4 million), market sources confirmed to Mingtiandi on Thursday.
The partners are acquiring the 78-unit… Read More>>
Singapore’s LHN Group has agreed to sell a formerly Coliwoo-branded co-living hotel in the city-state’s Geylang area for S$25.8 million ($20 million), as the listed builder looks to streamline operations and shift assets off its books.
The S$10.7 million in… Read More>>
PGIM Real Estate has partnered with Australia’s Cadence Property Group to acquire a logistics and infrastructure asset in western Sydney from rail freight operator Pacific National for A$145 million ($93.5 million), as the division of insurance giant Prudential Financial ups… Read More>>
