Singapore’s CapitaLand Investment is moving the boss of its Malaysia REIT, Tan Choon Siang, to a new role as deputy CEO at CapitaLand Integrated Commercial Trust, effective 1 February.
Tan is to assist CICT CEO Tony Tan in managing all… Read More>>
Asia Pacific real estate investment news and information

Singapore’s CapitaLand Investment is moving the boss of its Malaysia REIT, Tan Choon Siang, to a new role as deputy CEO at CapitaLand Integrated Commercial Trust, effective 1 February.
Tan is to assist CICT CEO Tony Tan in managing all… Read More>>

Real estate investor Francis Law has completed the HK$880 million ($113 million) sale of a Kowloon retail podium to City University of Hong Kong, with the property changing hands at a 67 percent discount to its pre-pandemic guide price.
The… Read More>>

China Vanke president and CEO Zhu Jiusheng was reportedly arrested Wednesday by public security authorities, with the troubled developer’s operations now said to be in the hands of Shenzhen government officials.
Zhu’s detention was the subject of online media accounts… Read More>>

ESR has brought in a partner to help get its Osaka data centre campus to the finish line, teaming with US builder CloudHQ on the $2 billion Cosmosquare project.
The companies will jointly build, fit out and operate Cosmosquare to… Read More>>

Less than a month after selling its majority stake in Asia Pacific server-hosting giant AirTrunk, Macquarie Asset Management has agreed to provide up to $5 billion in funding for US data centre startup Applied Digital.
Under the deal terms, a… Read More>>

Australia’s biggest owner-operator of student housing, Scape, has secured a A$700 million ($434.3 million) equity commitment from South Korea’s National Pension Service for a suite of living sector investment strategies, the parties announced Thursday.
The partnership with the $800 billion… Read More>>

South Korea’s National Pension Service has formed a private real estate venture with a unit of US investment manager Neuberger Berman, with the strategy setting an initial goal to deploy $800 million in capital in a general partner role.
The… Read More>>

The Urban Redevelopment Authority on Tuesday announced tender results for two western Singapore residential sites, with a consortium led by Santarli Realty and Apex Asia Development entering the top bid of S$504.5 million ($368.1 million) for the plot at Dairy… Read More>>

EdgeConneX on Monday announced its first data centre project in Japan, with the hyperscale specialist set to develop a Greater Osaka facility with a capacity in excess of 140 megawatts when complete.
The platform backed by Swedish private equity firm… Read More>>

Tokyo-listed residential developer Open House Group has made a tender offer to acquire the 36.58 percent of shares it does not already own in Osaka-based builder Pressance Corp for JPY 60.7 billion ($390 million).
A cash consideration is to be… Read More>>