Asia Pacific real estate investment news and information
Nippon REIT will buy four properties in Tokyo, Nagoya and Sendai for a total of JPY 5.65 billion ($40 million) and sell a separate Nagoya asset for JPY 835 million ($5.9 million), the TSE-listed trust announced Thursday.
The top completed… Read More>>
Hong Kong’s Lands Department on Wednesday awarded a residential development site on Lantau Island to Sino Land for HK$203.9 million ($26.1 million), defying expectations that the tender might be withdrawn.
The builder controlled by tycoon Robert Ng was the sole… Read More>>
A Texas retirement fund for city employees has given its top investment job to Yup Kim, who is leaving his role as head of private equity investments at CalPERS, America’s biggest state pension fund.
Kim is set to join the… Read More>>
Blackstone on Wednesday sold its remaining stake in India’s pioneering Embassy Office Parks REIT for around INR 71 billion ($853.5 million) via block sales on Indian stock exchanges, according to local media reports.
Affiliates of Blackstone exited the listed trust… Read More>>
ESR Japan Income Fund has acquired a warehouse in Nagoya’s western suburbs from ESR Japan Logistics Fund III for JPY 16.4 billion ($110 million), Hong Kong-listed ESR announced Wednesday.
ESR Aisai Distribution Centre is a four-storey, single-ramped facility with a… Read More>>
Ding Benxi, a retired former president of Dalian Wanda and current non-executive director of the Chinese developer’s hotel arm, has become the third Wanda personality to go missing this year as the group scrambles to meet debt obligations and launch… Read More>>
Digital Edge has acquired the remaining shares held by the original founders of Indonesia’s PT Indointernet, upping the majority stake already held by the Singapore-based startup in the data centre operator known as Indonet.
The buyout of shares held by… Read More>>
A residential site on Hong Kong’s Lantau Island drew a single bid from local builder Sino Land at a tender that closed Friday, potentially setting the stage for a fourth withdrawn plot at government land sales in 2023.
The low-density… Read More>>
After declining by 5.3 percent this year, Grade A office rents in Hong Kong are likely to tumble another 5 to 10 percent in 2024 as high interest rates and a global economic slowdown continue to challenge the leasing market,… Read More>>
Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>
