Asia Pacific real estate investment news and information
Australian property developer, manager, and investor Arrow Capital Partners is bolstering its capabilities in the region with the appointment of Jason Risorto as an executive with its Asia Pacific investment management team.
The new role will see Risorto managing and… Read More>>
CapitaLand Ascott Trust (CLAS) achieved a 12 percent year-on-year increase in gross profit during the first six months of the year, with the hospitality trust’s managers attributing the Singapore-listed REIT’s improved performance to sustained demand for accommodation and rising room… Read More>>
Hong Kong toy tycoon Francis Choi Chee-ming has put up for sale the central Sydney home of the Australian Securities Exchange (ASX), as the bourse operator prepares to relocate to a newer building ahead of its lease expiry.
Choi, who… Read More>>
Emperor International, the property development and investment arm of Hong Kong-based conglomerate Emperor Group, has agreed to sell a portfolio of retail, residential and industrial properties across Hong Kong to a vehicle controlled by Emperor Group founder and chairman Albert… Read More>>
Hong Kong hotelier David Lau Ka-wai has sold a 63-key boutique hotel in Tsim Sha Tsui for less than half of his original asking price, as investors continue to acquire hospitality assets in the Asian financial centre for conversion to… Read More>>
Blackstone’s net profit fell 21 percent in the second quarter from a year earlier, as underperformance in its real estate business weighed on the firm’s profitability.
The world’s largest alternative asset manager posted quarterly net profit of $948.4 million, sliding… Read More>>
ThaiBev, the SGX-listed beverage and food giant founded by Thai billionaire Charoen Sirivadhanabhakdi, has agreed to transfer its stake in Frasers Property to a private vehicle controlled by Sirivadhanabhakdi, as part of a proposed share swap intended to boost the… Read More>>
Prime office rents in Shanghai plunged 9.9 percent in the second quarter from a year prior, according to a Knight Frank report released Wednesday, as vacancy continued to hover near two-decade highs amid sluggish leasing demand and a supply overhang.
A unit of Temasek has agreed to take a minority stake in Asia Pacific-focused private credit fund manager ADM Capital, as the Singaporean state-owned investment giant adds exposure to an asset class that has nearly doubled in size in the… Read More>>
Hong Kong-based builder Hanison Construction Holdings has put up for sale a 55-unit serviced apartment building in the city’s Sheung Wan district, as the firm controlled by the Cha family behind local developer HKR International seeks to boost its liquidity.
