Asia Pacific real estate investment news and information
Liquidators for China Evergrande have lined up a prospective buyer for the bankrupt developer’s majority stake in its struggling electric car division.
The liquidators entered a non-binding agreement to sell China Evergrande’s 58.5 percent equity interest in Hong Kong-listed Evergrande… Read More>>
Hongkong Land warned Thursday that its first-half underlying earnings would be “significantly lower” than in the year-earlier period, primarily due to deteriorating market conditions in mainland China’s residential sector.
The developer’s attributable interest in contracted sales in the first quarter… Read More>>
Fitch has downgraded key credit ratings for China Vanke and given a negative outlook to the state-backed builder, even as mainland banks deliver a raft of funding to shore up the troubled giant’s finances.
The downgrade of Vanke’s long-term foreign… Read More>>
The Canada Pension Plan Investment Board reported a net return of 8 percent for the fiscal year to the end of March as net assets rose nearly 11 percent to C$632.3 billion ($462.6 billion).
The annual results for fiscal 2024… Read More>>
Cromwell Property Group has agreed to sell its European fund management platform and interests, including Cromwell European REIT, to Swiss investment firm Stoneweg for €280 million ($457 million), as the ASX-listed company carries out a plan to simplify its business… Read More>>
Ichigo Office REIT is acquiring three office assets in central Tokyo and three in central Fukuoka for a total of JPY 15.4 billion ($99 million), with the purchase to be funded using proceeds from the recent disposal of two properties.
With shares of Cushman & Wakefield up more than 40 percent in the past 12 months, Texas-based TPG and Hong Kong’s PAG plan to sell their entire shareholding in the global property consultancy, despite the stock remaining 38 percent below… Read More>>
PAG on Monday announced the closing of its maiden fund focused on renewable energy, with the pan-Asian private equity firm having won $550 million in committed capital for the new vehicle.
PAG REN I will focus on investing in physical… Read More>>
Acquisitions of income-generating real estate in Asia Pacific dipped 13 percent in the first quarter compared with the same period a year ago, falling to $31.3 billion despite big-ticket office deals buoying regional standouts South Korea and Japan, according to… Read More>>
Brookfield India Real Estate Trust has agreed to acquire a 50 percent interest in four commercial properties in Delhi and Gurugram from Bharti Enterprises for INR 60 billion ($720 million).
The REIT sponsored by Canadian giant Brookfield will assume debt… Read More>>
