Asia Pacific real estate investment news and information
Singapore’s TE Capital Partners has agreed to pay $100 million to acquire a set of 16 Tokyo rental residential properties on behalf of a family office client, as Japan’s multi-family sector continues to win favour with investors.
TE Capital, which… Read More>>
CapitaLand Investment (CLI) sees China’s property downturn as an opportunity to expand its mainland holdings with the company acquiring an office building near Beijing’s embassy area this week through a court-arranged auction.
With the Chinese capital in the depths of… Read More>>
A Warburg Pincus-backed self-storage operator continues to expand its presence in Hong Kong with a Kowloon acquisition which marks its fourth reported purchase of new space in the city so far this year.
Storhub, which ranks as Singapore’s largest self-storage… Read More>>
Despite the gloomy outlook for the mainland property market K Wah International Holdings teamed with two state-owned partners in a government land sale to purchase a mixed-use site in Shanghai’s Xuhui district for the reserve price of RMB 3.73 billion… Read More>>
CIFI Holdings said on Thursday that it has failed to make payments due on offshore debts, with creditors indicating that it defaulted on a payment on a HK$2.5 billion ($318 million) convertible bond due on 8 October.
A notice… Read More>>
China Evergrande Group will meet with holders of a RMB 2.1 billion (US$293 million) onshore bond this Thursday and Friday in a bid to extend the interest payment date by six months as the embattled property developer struggles to meet… Read More>>
US asset manager Invesco is shifting its Asia Pacific headquarters to Hongkong Land’s Jardine House and UBS will take an anchor space in Sun Hung Kai Properties’ West Kowloon rail terminal project as global financial giants align their corporate homes… Read More>>
China’s property crisis continues to spread with CIFI Holdings, a Shanghai-based developer which has received government support in securing new financing, disclosing this week that it has defaulted on an onshore trust loan.
Credit intelligence provider Reorg reported Wednesday that… Read More>>
Swire Properties’ chief executive Tim Blackburn has concluded a fruitful trip to mainland China, securing a deal last week to develop a new mixed-use project in Shanghai’s Pudong district, breaking ground for Swire’s second luxury retail project in Guangzhou and… Read More>>
After suing troubled mainland builder Shimao Group Holdings in July over an overdue debt linked to a Hong Kong residential project, Singapore’s United Overseas Bank Ltd (UOB) has settled its dispute with the defaulting developer at the same time it… Read More>>
