Asia Pacific real estate investment news and information
PGIM Real Estate and Elanor Investors Group have agreed to buy a last-mile logistics site in a southeastern suburb of Melbourne, launching the first-ever joint venture between the US and Australian fund managers.
ASX-listed Elanor has exchanged contracts to acquire… Read More>>
Princeton Digital Group has delivered the 52-megawatt initial phase of its 150MW JH1 data centre campus, coming less than 14 months after it acquired the development site in Malaysia’s southern Johor state.
The AI-ready project will generate renewable energy through… Read More>>
German family office AM Alpha has sold a newly completed rental apartment building in eastern Tokyo to a private fund managed by Mitsui & Co.
The 10-storey multi-family asset in Koto ward, known as Alpha Prime Toyocho, was developed by… Read More>>
Grade A office rents in Singapore’s core central business district remained flat in the April-June period after 12 straight quarters of increases, according to CBRE.
Second-quarter rents averaged S$11.95 ($8.80) per square foot per month in the core CBD, bringing… Read More>>
Hines has acquired a northern Singapore logistics asset in partnership with Japan’s Mitsubishi Estate and Mitsui & Co, marking the US developer and investment firm’s second industrial deal in the Lion City.
Houston-based Hines, property giant Mitsubishi Estate and Mitsui… Read More>>
Lendlease has agreed to sell its US military housing business to American investment firm Guggenheim Partners for A$480 million ($320 million), as the Australian developer carries out a plan to scale back overseas activity and focus on domestic operations.
The… Read More>>
Flash data showed that Singapore’s private home prices rose 1.1 percent in the second quarter of 2024, easing from 1.4 percent growth in the first three months of the year as transaction volume remained flat, according to the Urban Redevelopment… Read More>>
Alibaba will cease operations at its data centres in Australia and India, with the Chinese e-commerce titan’s cloud arm saying it plans to shift investment to facilities in Southeast Asia and Mexico.
The data centre locations in Mumbai will shut… Read More>>
Mitsui Fudosan has acquired a 66 percent stake in a Mirvac office project near the Sydney harbourfront with an estimated end value of A$2 billion ($1.3 billion).
Japan’s largest developer will co-own 55 Pitt Street with ASX-listed property giant Mirvac,… Read More>>
Sino-Ocean Group has received a winding-up petition filed by Bank of New York Mellon, dealing a fresh blow to the cash-strapped Chinese developer as it struggles to stick to a debt repayment plan hammered out with some of its bondholders.
