Asia Pacific real estate investment news and information
The longtime CEO of Mapletree Industrial Trust’s manager is stepping down, as Singapore’s Mapletree Investments continues to shake up the leadership at its sponsored REITs.
Tham Kuo Wei, MIT’s boss of more than 13 years, will relinquish his roles as… Read More>>
Singapore’s Urban Redevelopment Authority on Thursday released two residential sites under the Government Land Sales programme, including the first plot to be used entirely for long-stay rental apartments, as the city-state seeks to boost the supply of living spaces.
The… Read More>>
Ada Infrastructure has begun construction of the second of three planned buildings at its Tokyo West 1 campus, with the GLP-backed business targeting a combined IT load capacity of 31 megawatts for the finished project.
The first building, which has… Read More>>
Singapore’s Mapletree reported a net loss of S$577.2 million ($427.7 million) for its fiscal year to the end of March, reversing a year-earlier net profit of S$1.1 billion, as the real estate investor marked down asset values amid a global… Read More>>
Fresh off becoming America’s fifth-largest homebuilder, Japanese developer Sekisui House is selling a Seattle luxury apartment complex to the company’s sponsored REIT for $328 million.
The Ivey on Boren comprises 406 rental units in the heart of Washington state’s biggest… Read More>>
The manager of Mapletree Logistics Trust has tapped the Singapore-listed REIT’s head of investment, Jean Kam, to serve as the next CEO.
Kam succeeds Ng Kiat, who is stepping down on 22 July to assume new responsibilities at sponsor Mapletree… Read More>>
Malaysia’s IOI Properties Group is strengthening its Singapore commitment with the hiring of Lorraine Shiow as the developer’s chief executive in the Lion City.
Shiow’s appointment to the newly created position will support long-term plans for continued expansion of the… Read More>>
A joint venture of Logos and Sime Darby Property has reached a final closing of its fund targeting development of logistics assets in Malaysia, with the vehicle attracting MYR 1 billion ($213 million) in committed capital.
The fundraising haul will… Read More>>
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>>
