Asia Pacific real estate investment news and information
TE Capital Partners is in talks to acquire the White Sands mall in Singapore’s Pasir Ris area from Frasers Centrepoint Trust for at least S$470 million ($369 million), according to market sources who spoke to Mingtiandi.
A deal would see… Read More>>
Blackstone’s AirTrunk has entered India with the acquisition of Lumina CloudInfra for an undisclosed price, marking the hyperscale data centre operator’s expansion into the fast-growing South Asian market through a platform also owned by its parent.
The deal gives AirTrunk… Read More>>
NextDC has launched a A$2.2 billion ($1.6 billion) capital plan, combining a A$1.5 billion equity raise with an expanded hybrid securities offer backed by Canada’s La Caisse, as the Australian data centre operator moves to fund a surge in contracted… Read More>>
A consortium led by SingHaiyi Group has agreed to acquire an ageing condo complex on Singapore’s Upper East Coast for S$880 million ($692 million), stepping in after a public tender for collective sale of the redevelopment project failed to attract… Read More>>
Singapore-listed Suntec REIT’s manager has identified 9 Penang Road, a commercial block in the Orchard Road area owned by its new sponsor, as a potential acquisition target, offering an early signal of deal flow following Tang Organization’s takeover of the… Read More>>
Australia’s GPT Group has closed an equity raise for its wholesale retail fund at A$610 million ($438 million), exceeding its original A$500 million target as investor demand for income-focused property strategies gathers pace.
The capital raise for GPT Wholesale Shopping… Read More>>
Receivers have moved to sell the development site for Beulah International’s long-stalled Sth Bnk project in Melbourne’s Southbank, putting on the market a high-profile scheme once slated to include Australia’s tallest tower.
KordaMentha and Alvarez & Marsal have appointed Cushman… Read More>>
Mori Building has established a JPY 10 billion ($63 million) corporate venture capital fund, part of a broader push by the Tokyo developer to accelerate innovation and strengthen the city’s global competitiveness.
The Mori Building Innovation Fund Investment Limited Partnership,… Read More>>
A set of three floors in Singapore Suntec City complex have been put up for sale with a combined guide price of S$135 million ($106 million), offering investors exposure to one of the city’s most actively traded strata office locations.
Digital Edge has agreed to buy a Johor industrial site for MYR 346.5 million ($87.3 million), marking the Stonepeak-backed data centre firm’s first known land purchase in Malaysia as it positions for expansion in one of Southeast Asia’s fastest-growing digital… Read More>>
