Asia Pacific real estate investment news and information
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>>
A data centre unit of tech giant Microsoft has agreed to acquire a development site in Malaysia for MYR 402.3 million ($85.5 million).
The land’s seller, Kuala Lumpur-based developer EcoWorld, announced the all-cash deal this week in a stock filing…. Read More>>
UEM Sunrise has agreed to sell two parcels of land in Johor state to a “global data centre player” for MYR 144.9 million ($30.7 million), the Malaysian developer said Tuesday.
Located in Iskandar Puteri’s East Ledang township west of Johor… Read More>>
A top mainland regulator dismissed statements of defence provided by China Evergrande’s founder and former chairman, Xu Jiayin, and other executives penalised for their role in financial fraud and disclosure lapses at the bankrupt developer.
In a document dated 21… Read More>>
