Robinson 77 is on the market for S$725 million ($530 million), less than two years after a CLSA fund bought the property for S$530.8 and just over a decade after another CLSA investment vehicle bought and resold the building within… Read More>>
Logos Property has agreed to purchase an industrial site near Singapore’s West Coast Highway as the regional logistics real estate firm continues to grow its presence in Southeast Asia.
Following completion of the acquisition, Logos says it will redevelop the… Read More>>
Ascendas India Trust is continuing to expand its Hyderabad holdings, as Ascendas Property Fund Trustee, the trustee-manager of the Singapore-listed trust, announced this week that it had entered into an agreement to purchase two to-be-completed buildings in the HITEC City business park… Read More>>
The Taihe Group (泰禾集团) is firing much of its staff in Beijing, Shanghai, Fuzhou and Wuhan, according to a report in the South China Morning Post on 31 July citing ifeng.com. If confirmed, the mass layoffs at the Shenzhen-listed developer… Read More>>
Chicago-based Heitman LLC has raised $338 million for a new closed-end fund targeting property in the region from Melbourne to Tokyo. Demand was seen as strong, as the initial target for the Heitman Asia-Pacific Property Investors (HAPI) vehicle was only… Read More>>
Singapore’s Ascendas REIT is making its first investment in Europe, buying 12 logistics assets in the UK for £207 million ($272 million). The purchase of 2.6 million square feet (241,000 square metres) of prime logistics space adds to more than… Read More>>
China Vanke is purchasing 4.9 percent of Cushman & Wakefield as the Chicago-based real estate service company prepares for an IPO this week which is expected to raise $719 million.
The approximately $166.7 million investment by China’s third-largest developer by… Read More>>
M&G Real Estate, together with a pair of Korean pension funds, has purchased Centropolis Towers in Seoul for 1.18 trillion won ($1 billion). The transaction, the largest single real estate deal in the country’s history, was completed as the office… Read More>>
Singapore co-living enterprise Hmlet has agreed to acquire Hong Kong competitor we r urban, extending its reach to a third Asian city and increasing capacity by 23 percent overnight, according to a statement by the company.
The acquisition adds we… Read More>>
As co-working startups stumble over each other for Hong Kong office space, locally based serviced office operator The Executive Centre, is literally taking the high road for a new centre recently opened at Champion REIT’s Three Garden Road. The new venue… Read More>>