Asia Pacific real estate investment news and information
State-backed telcos Singtel and Telekom Malaysia have formed a joint venture to develop Malaysian data centres, starting with a hyperscale campus in the digital infrastructure hotbed of Johor with a potential capacity of 200 megawatts.
The partnership of TM and… Read More>>
A luxury residential site in Singapore’s posh River Valley area drew two bids in a tender that closed Wednesday, including the top offer of just under S$464 million ($343.6 million) from developer Wing Tai Holdings, according to an announcement by… Read More>>
Seoul’s red-hot office market has produced another big-ticket deal, with Mastern Investment Management revealing its forward purchase of an under-development building north of the Han River for KRW 310 billion ($220 million).
The 11-storey office block is being constructed by… Read More>>
Renewable energy fund manager SC Oscar has acquired a New Zealand solar power developer as the first investment under the Singapore-based firm’s maiden infrastructure fund.
Backed by private equity firm SC Capital Partners, SC Oscar bought Ranui Generation on behalf… Read More>>
New private home sales in Singapore fell 27 percent in May to their lowest level in three months, according to data released by the Urban Redevelopment Authority on Tuesday.
Excluding executive condos, sales dipped from 301 units in April to… Read More>>
A Japan-focused BentallGreenOak fund has secured a $100 million commitment from the pension system in Michigan, pulling off a rare feat as many US state retirement plans slow their pledges to Asia Pacific real estate vehicles.
BentallGreenOak Asia (USD) IV… Read More>>
A Singapore private equity firm has acquired a central London hotel for a refurbishment project with an expected end value of S$70 million ($51.7 million), as Asian investors continue to target hospitality assets in the British capital.
Prima Asset Management,… Read More>>
Mirae Asset Securities is in due diligence to sell a building it occupies in Seoul’s Yeouido financial district, with the struggling Korean brokerage seizing on a hot local office market to boost its fortunes.
Woori Asset Management has been chosen… Read More>>
Singaporean sovereign fund GIC is setting up a joint venture with an Australia-listed REIT to pursue the development and operation of self-storage centres Down Under.
GIC and National Storage REIT plan to deploy A$270 million ($178.7 million) in total capital… Read More>>
Singapore’s Urban Redevelopment Authority on Thursday released three residential sites under the Government Land Sales programme, as the campaign to replenish the city-state’s housing supply kicks into high gear.
The sites at Dairy Farm Walk and Tengah Garden Avenue in… Read More>>
