Asia Pacific real estate investment news and information
Keppel Ltd on Wednesday announced the $300 million first closing of its third private credit fund, with the Singaporean firm committing $100 million to the vehicle.
Keppel Private Credit Fund III was launched earlier this year with a target size… Read More>>
ESR-Logos REIT has completed the sale of an ageing industrial building in western Singapore for S$35 million ($26.5 million), as the SGX-listed trust shifts to investments in modern facilities with green credentials.
The divestment price of 81 Tuas Bay Drive… Read More>>
Equinix is the latest player to enter Thailand’s blossoming data centre market, with the US giant announcing a plan to invest $500 million in the kingdom’s digital infrastructure over the next decade.
As part of the rollout, Equinix recently acquired… Read More>>
The international unit of Shanghai-based GDS Holdings has signed agreements to raise $1 billion in equity to help fund the development of up to 1 gigawatt of data centre capacity.
The Series B funding round for GDS International is supported… Read More>>
Nuveen Real Estate has made its first splash in Asia’s hottest office market with the purchase of a central Seoul building for a reported KRW 350 billion ($250 million).
The Chicago-based fund manager acquired the Jeongdong Building in the South… Read More>>
Hong Kong-listed ESR has raised $325 million for its first real estate credit strategy in South Korea, as the industrial builder and fund manager seeks to address a shortfall of financing options in Asia’s fourth-largest economy.
The new fund will… Read More>>
PGIM Real Estate on Monday announced its purchase of the Stamford Court commercial building near Singapore’s City Hall for S$132 million ($99.9 million) in a joint venture with private equity startup Elevate Capital Group, confirming a Mingtiandi report from August.
A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo complex for S$810 million ($611.7 million), with the two heavyweights set to pick up the property at an 11.8 percent… Read More>>
US private equity giant Blackstone has joined forces with Korean asset manager Blue Cove Investment to acquire an office building in Seoul’s Gangnam business district for KRW 120 billion ($86 million), according to sources familiar with the transaction.
Manhattan-based Blackstone… Read More>>
US fund manager AEW is selling an industrial asset in Singapore’s Woodlands area for between S$153 million and S$154 million ($115.9 million and $117.7 million), market sources confirmed to Mingtiandi on Friday.
The buyer of Admirax, a seven-storey light industrial… Read More>>
