Asia Pacific real estate investment news and information
Blackstone filed a draft prospectus Thursday for the private equity titan’s fourth India REIT, with the US firm and co-sponsor Sattva Group seeking to raise INR 62 billion ($710 million) from the office trust’s initial public offering.
Dubbed Knowledge Realty… Read More>>
KKR has agreed to sell supermarket group Seiyu in a deal valuing the Tokyo-based chain at more than $2.5 billion, with the private equity giant ringing up a big-ticket exit as it moves to consolidate a $4 billion buyout of… Read More>>
Savills on Thursday announced the hiring of longtime Mitsui Fudosan executive Eiichiro Onozawa as the property consultancy’s head of Japan.
Onozawa has spent his entire 36-year career at Japan’s largest developer, with postings in Tokyo, London and New York. He… Read More>>
Hotel Properties Ltd has agreed to buy the InterContinental Auckland for NZ$180 million ($102.2 million), marking the Singapore-based group’s first acquisition in New Zealand.
The off-market deal represents the largest-ever sale of a single hotel asset in New Zealand, according… Read More>>
Hongkong Land has appointed board member Stuart Grant as executive director and chief executive of the developer’s $8 billion Westbund Central commercial project in Shanghai.
A longtime Blackstone executive who spent his early career at Hongkong Land parent Jardine Matheson,… Read More>>
A joint venture comprising China’s Qingjian Group and a unit of Chinese state-run construction giant CCCC placed the highest bid of S$315 million ($234.4 million) for a residential site in Singapore’s One-North R&D hub, according to public tender results out… Read More>>
Asia Pacific’s co-location data centre pipeline will require more than $116 billion in funding for construction over the next five to seven years as demand for the sector grows, according to Cushman & Wakefield.
The pipeline, which excludes hyperscale projects,… Read More>>
Industrial giant GLP announced Monday that it has completed the sale of the firm’s ex-China fund management business to Ares Management for $3.7 billion.
The transaction for GCP International, first announced last October, comprises an upfront purchase price of $3.7… Read More>>
Singapore’s SC Capital Partners has sold a Sydney student housing complex for a significant premium to the acquisition price and a 19 percent mark-up to book value, according to a statement on Monday.
The facility in Kensington, east of downtown… Read More>>
Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has announced an apartment project in central Melbourne with a completed value of A$270 million ($167.8 million).
The development in the inner suburb of Southbank, just south of the… Read More>>
