Asia Pacific real estate investment news and information
Thailand approved $27 billion in new data centre investments this week, led by a $25 billion expansion of TikTok’s footprint in the kingdom, as Southeast Asia’s second-largest economy continues its push to become a regional hub for digital infrastructure.
The… Read More>>
Oxford Properties has appointed Kwang Pithayachariyakul as a director in its Sydney office, with the Toronto-based executive set to oversee asset management activities across Australia as the Canadian property investor continues to expand its presence Down Under.
Pithayachariyakul will relocate… Read More>>
Nuveen has partnered with rental accommodation specialist Weave Living to acquire a building in central Seoul for redevelopment into a 62-unit serviced apartment project, marking the US investment manager’s debut living sector acquisition in the South Korean capital.
The asset… Read More>>
CDC has secured Australia’s largest-ever data centre lease, signing a 555-megawatt agreement that more than doubles the sovereign infrastructure specialist’s contracted capacity to over 1 gigawatt.
The 30-year contract with an unnamed US customer, including renewal options extending the term… Read More>>
Ares Management drew $1.6 billion in equity commitments for its latest Japan industrial development fund, the fifth in a series inherited from the US alternative asset manager’s acquisition of GLP’s ex-China business last year.
Ares expects to hold a first… Read More>>
Hongkong Land has opened the second phase of its $8 billion Westbund Central project in Shanghai, advancing what the developer describes as one of the world’s largest mixed-use commercial complexes as it ramps up leasing and tenant rollout along the… Read More>>
Samty Holdings has launched a second Japan-focused hotel fund and expanded its multi-family investment vehicle, marking fresh capital deployment less than two years after the developer was taken private in a $1.1 billion buyout backed by Hillhouse Investment, Hillhouse’s Rava… Read More>>
Singapore’s CapitaLand Investment grew its first-quarter fee-related revenue by 10 percent year-on-year to S$310 million, supported by growth in its listed funds platform, and raised S$2.5 billion ($2 billion) in equity during the first four months of the year across… Read More>>
Hong Kong’s Link REIT is exploring the sale of 25 Cabot Square in London’s Canary Wharf financial district, as Asia’s biggest listed trust by asset value pulls back from offices and sharpens focus on its core strength in retail.
The… Read More>>
LaSalle Investment Management has sold stakes in two Shanghai multi-family assets to a vehicle managed by China Life Capital, while retaining majority ownership through its Asia opportunistic strategy and continuing to operate the properties under its Cozi platform.
The insurer-backed… Read More>>
