Asia Pacific real estate investment news and information
The Cheng family behind New World Development has called for the dismissal of Peter Lau from his role as CEO of Giordano International, the Hong Kong-listed fashion retailer in which a Cheng-controlled vehicle is the largest shareholder.
The clan led… Read More>>
Singapore’s CapitaLand Investment announced this week the acquisition of four properties, led by a greenfield warehouse project in Thailand, and the closing of a core logistics private fund in Japan.
The investment manager in December acquired Omega 1 Bang Na,… Read More>>
Manulife Investment Management has joined forces with Indonesia’s sovereign wealth fund on a strategic partnership targeting infrastructure development and real estate plays in Southeast Asia’s largest country.
The tie-up between Canada’s Manulife IM and the Indonesia Investment Authority aims to… Read More>>
CapitaLand Integrated Commercial Trust posted second-half distributable income of S$362.5 million, up 2.1 percent year-on-year, bringing the REIT’s full-year payout to S$715.7 million ($532 million), up 1.9 percent.
Singapore-listed CICT’s distribution per unit for 2023 was 10.75 Singapore cents, up… Read More>>
Korea Investment Corporation has opened an office in Mumbai, establishing India as the sovereign wealth fund’s first emerging-market outpost.
KIC received regulatory approval for the office from India’s central bank on 24 January, it said late last week in a… Read More>>
Chris Fossick has left his longtime role as JLL’s Southeast Asia CEO and joined the board of London-based developer Native Land.
Fossick will sit as a non-executive director at Native Land, whose projects include the Bankside Yards mixed-use development in… Read More>>
Nomura Real Estate Holdings posted a 5.6 percent year-on-year profit rise to JPY 43.2 billion ($290 million) for the nine months to December as the Japanese developer’s operating revenue jumped 22.7 percent to JPY 518.3 billion.
During the period, which… Read More>>
A US residential developer controlled by China’s Landsea Group has agreed to buy a Texas homebuilder for a cash consideration of $185 million plus assumption of responsibility for $47.2 million in debt.
Landsea Homes is acquiring privately owned Antares Homes… Read More>>
KKR on Wednesday announced the $6.4 billion final close of its second Asia-dedicated infrastructure fund, with the US buyout giant having already deployed more than half of the vehicle’s committed capital across 10 investments.
The fund, dubbed KKR Asia Pacific… Read More>>
Link REIT has appointed Duncan Gareth Owen as independent non-executive director and chair-elect, setting up a transition to culminate in the Londoner’s ascension to the chairmanship in 2025.
Owen, 56, is chairman of Workspace Group, an LSE-listed REIT of British… Read More>>
