Asia Pacific’s fast-developing market for server hosting facilities got a bit more crowded last month as a New York-based private equity firm teamed up with a group of veteran tech executives to set up a $1 billion data centre platform,… Read More>>
Hopes for reviving a troubled Singapore hotel REIT have dropped to their lowest setting as security holders in Eagle Hospitality Trust today rejected two of three board resolutions at its annual general meeting, including a motion to raise capital for… Read More>>
While warehouses grabbed the property investment spotlight around Asia Pacific in 2020, transactions in a more traditional asset class more than tripled during the first half of the year, led by major institutions betting on one of the region’s core… Read More>>
A compact hostelry in Causeway Bay has become the latest Hong Kong property to change hands at a discount, with a mainland buyer picking up Le Petit Rosedale Hotel in the bustling shopping district for 34 percent below the seller’s… Read More>>
One of the most prominent members of an investment consortium which paid a record $5.15 billion to purchase an office building in Hong Kong’s Central district in November 2017 has just sold a chunk of his holdings in the 73-storey… Read More>>
A founder of a Hong Kong-listed mainland developer appears to have taken a 30 percent haircut on an office investment in the New Territories as the city’s commercial real estate market continues to slip this year.
A set of three… Read More>>
Australia’s Cromwell Property Group appeared to have latched onto a hot opportunity last month when it announced a new investment platform, together with a pair of partners, that would soon invest $1 billion in Europe’s fast-growing data centre sector.
However,… Read More>>
Singapore-based Sun Venture is aiming for a record price for a set of strata floors in the city’s urban core as investor demand returns to the financial hub.
The investment manager has put up for sale floors nine and 10… Read More>>
Tang Shing-Bor, known in Hong Kong as the “Shop King” has hit a patch of legal trouble after failing to pay more than HK$12 million ($1.5 million) in rent, according to local news reports.
The owners of a building at… Read More>>
Allianz Real Estate announced today that it has agreed to spend $160 million to add to its portfolio of Japanese apartments on behalf of its APREAP Core 1 Fund.
The property investment unit of the European insurance giant is acquiring… Read More>>