Asia Pacific real estate investment news and information
Industrial builder and fund manager ESR has a new chairman after tapping longtime board member Brett Krause to succeed Jeffrey Perlman.
Krause, an independent non-executive director of the Hong Kong-listed group backed by private equity firm Warburg Pincus, assumed the… Read More>>
Goldman Sachs has acquired a portfolio of eight rental residential assets in Greater Tokyo for $80 million, as the Japanese capital continues to lead the region in real estate deal volume.
Goldman made the transaction via a special purpose company… Read More>>
Singapore’s GIC has reprised one of its favourite investment themes of 2023, with the sovereign fund picking up a Yokohama warehouse built by Daiwa House Industry after buying nine assets developed by the Japanese giant last year.
Regarded as Daiwa… Read More>>
Japan’s Fukuoka REIT is joining the beds-and-sheds trend, with the trust based in Fukuoka prefecture agreeing to the forward purchase of a warehouse project and apartment development on the southern island of Kyushu for a total of JPY 12.9 billion… Read More>>
Hong Kong-listed ESR has finished the 25-megawatt first phase of its flagship data centre project in Osaka, as the developer looks to profit from Japan’s booming demand for cloud services.
The industrial specialist and fund manager completed the core and… Read More>>
The IT services arm of Japanese telecom giant NTT has acquired an expanse of land in Malaysia’s southern Johor state for MYR 383 million ($88 million).
Malaysian developer Tropicana Corp on Monday signed a sale and purchase agreement with NTT… Read More>>
Hong Kong developer Sino Land’s annual attributable profit fell 25 percent to HK$4.4 billion ($560 million) as investment property markdowns ate into earnings.
The builder controlled by tycoon Robert Ng booked a revaluation loss on the investment portfolio of HK$580… Read More>>
A recently launched joint venture of US fund manager Warburg Pincus and Australia’s Lendlease has acquired a S$1.6 billion ($1.2 billion) portfolio of Singapore business parks and R&D facilities from entities linked to private equity giant Blackstone and Soilbuild Group… Read More>>
Singapore’s Far East Orchard has launched its maiden private fund focused on purpose-built student accommodation in Britain with commitments totalling £70 million ($92.5 million) at first closing.
Known as FE UK Student Accommodation Development Fund, the vehicle is targeting an… Read More>>
Hong Kong fund manager Gaw Capital Partners has appointed Jialin Li as the company’s Shanghai-based managing director of investments.
The role will see Li, most recently of apartment specialist Greystar, exploring investment opportunities in the rental housing sector and leading… Read More>>
