Asia Pacific real estate investment news and information
Starwood Capital Group has recommitted to its A$485 million ($326 million) bid for Australian Unity Office Fund (AOF), despite a move late last week by the REIT’s sponsor and Keppel Capital that appeared to frustrate the hostile takeover attempt.
Investor… Read More>>
In this week’s edition of People in the News, the COO of property developer SM Prime Holdings’s mall management unit, which operates 81 malls in the Philippines and China, has stepped up to president of the company’s retail division.
In… Read More>>
Keppel Capital has set up a partnership with the sponsor of an A$688 million ($464.8 million) Australian office REIT that will allow the Temasek-backed asset manager to dig deeper into Australia’s metropolitan office market, according to a disclosure to the… Read More>>
Plunging property sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with HSBC predicting a bleak 2020 for mainland China’s real estate market.
In other news around the region, a top office of a Singapore bakery… Read More>>
NYSE-listed alternative investment manager Ares Management Corporation is expanding its reach in Asia through the acquisition of a controlling interest in Hong Kong-based SSG Capital Management, according to a company announcement.
The US alternative asset manager has agreed to buy… Read More>>
CBRE has brought on board Stuart McCann to head the firm’s international capital team for Pacific and Southeast Asia, according to an announcement by the NYSE-listed property services company.
McCann will assume the newly created role on 3 February after… Read More>>
Ready-to-assemble furniture leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that the world’s largest retailer of flat-packed tables and chairs has temporarily closed all of its stores in China amid the coronavirus outbreak.
In… Read More>>
Mapletree Logistics Trust Management has agreed to acquire 98.47 percent of a newly built logistics facility in western Japan’s Kobe as the trust strengthens its portfolio to meet the rising demand for logistics space in the country, according to a… Read More>>
ESR is stepping up its presence in India with the purchase of a development site in the north of the country, as the logistics specialist looks to ride the rising demand for warehousing in the subcontinent.
The Warburg Pincus-backed company… Read More>>
Closures lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that shares in a Singapore-listed REIT plunged ten percent after announcing it had closed all four of its retail malls in China.
In… Read More>>
