Asia Pacific real estate investment news and information
Changi Airport has awarded a tender to OUE for the development and lease of a new hotel at the Singapore airfield’s Terminal 2.
The proposed 255-key Hotel Indigo Changi Airport is envisioned as the city-state’s first zero-energy hotel, Changi Airport… Read More>>
Temasek-controlled CapitaLand Investment posts a marginal dip in first-quarter revenue, with that story leading Mingtiandi’s headline roundup today. Also making the cut, Singapore’s URA reports rising private home prices, while SGX-listed Far East Orchard buys a 49 percent stake in… Read More>>
Hines has acquired a fully leased warehouse in Greater Osaka for an undisclosed price, with the announcement coming less than two weeks after the US developer and fund manager revealed its purchase of an office building in central Tokyo.
Hines… Read More>>
A long-delayed boutique hotel project in Singapore’s Orchard Road area has been put up for sale at an indicative price of S$195 million ($143.3 million), CBRE said Thursday.
The 115-key project is being offered to potential buyers via an expression… Read More>>
CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared with the same period in 2023, with the trust’s managers citing sustained lodging demand and expansion of its portfolio as boosting… Read More>>
Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of March, squeezed by higher interest rates, but net property income jumped 15.2 percent on the post-merger expansion of the… Read More>>
Just over one month after expanding into its seventh major market, StorHub Group on Tuesday announced the hiring of Raju Ruparelia as CEO, succeeding Mike Hagbeck at the helm of the Asia Pacific self-storage operator.
Hagbeck, co-founder and CEO for… Read More>>
SGX-listed Keppel REIT reported first-quarter net property income of S$48.2 million ($35.4 million), up 7.2 percent from a year earlier, underpinned by higher Singapore rentals and the contribution from a completed office project in Sydney.
The NPI increase was supported… Read More>>
Hong Kong regulators have opened an investigation into PricewaterhouseCoopers and its relationship with China Evergrande, with the inquiry coming on the heels of reports that mainland authorities are probing PwC’s role in dodgy bookkeeping at the bankrupt developer.
The Accounting… Read More>>
Mainland tycoon Chen Hongtian has received demands from a pair of banks to repay more than HK$1.6 billion ($200 million) in overdue loans and interest charges, according to a media account, as liquidators continue to market global properties linked to… Read More>>
