Asia Pacific real estate investment news and information
New private home sales in Singapore fell 29 percent year-on-year last month to 281 units, the lowest January reading in 15 years, according to data released by the Urban Redevelopment Authority on Thursday.
The latest figure, which excludes executive condominium… Read More>>
Mitsui Fudosan achieved a record-high attributable profit of JPY 166.4 billion ($1.1 billion), up 13.1 percent year-on-year, in the fiscal nine months to December, according to an update from Japan’s largest developer.
Operating revenue, operating income and ordinary income also… Read More>>
GLP Capital Partners has set up a fund targeting industrial parks in China with an initial investment capacity of more than $350 million.
The new vehicle will focus on properties catering to advanced research manufacturing (ARM), the asset management arm… Read More>>
Mitsubishi Estate posted a 24.6 percent year-on-year decline in attributable profit to JPY 77.5 billion ($520 million) for the fiscal nine months to December as the absence of large capital gains ate into earnings.
Despite a 2.2 percent rise in… Read More>>
Daiwa House Industry reported a net profit for the fiscal nine months to December of JPY 216.2 billion ($1.5 billion), up 30.1 percent year-on-year, as the Japanese developer’s net sales reached a record high.
The blowout earnings were due in… Read More>>
A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.
House 5… Read More>>
Hong Kong’s Hysan Development warned of a 2023 attributable loss on the order of HK$900 million ($115 million) in an update issued without fanfare on Chinese New Year’s Eve.
The expected loss marks a narrowing of the HK$1.16 billion shortfall… Read More>>
Former BlackRock real estate boss Anne Valentine Andrews will join Manulife Investment Management next month as global head of private markets, the Canadian firm announced this week.
Valentine Andrews will lead all investment teams and direct the overall strategy, business… Read More>>
Singaporean developer Oxley Holdings posted a fiscal first-half loss attributable to shareholders of S$1.1 million, reversing a year-earlier profit of S$300,000, as revenue plunged 63 percent year-on-year to S$164.4 million ($122 million).
The reduced revenue haul in the six months… Read More>>
Trades of income-generating real estate in Asia Pacific tumbled 28 percent in 2023 to $139.7 billion, the lowest annual reading for the region since 2012, according to MSCI.
Although rising interest rates over a roughly two-year period squeezed investment, dealmaking… Read More>>
