Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
The tension between Beijing’s chronic shortage of office space and booming tech sector has triggered a burst of activity in the city’s commercial real estate market this year, including acquisitions of assets in the city’s tech hub worth more than… Read More>>
Chinese online property listing platform Beike Zhaofang has secured $800 million in funding from investors led by Internet giant Tencent, according to Chinese media reports.
The ultimate target funding amount for Beike, which was launched by Chinese brokerage giant Lianjia… Read More>>
A 32-storey commercial building in Hong Kong’s Sheung Wan area is on the verge of being sold for HK$1.9 billion ($242 million) according to local media reports this week, despite the city’s office market during the first quarter of 2019… Read More>>
Hang Lung Properties bought out the remaining space that it did not yet own in a 68-year-old industrial building in Kowloon East this week, clearing the way for the Hong Kong-listed builder plans to redevelop the site into a residential… Read More>>
Keppel Capital and Keppel Land, along with a consortium of co-investors have signed an agreement to acquire 100 percent of the equity in a recently completed commercial development in Shanghai’s Hongkou district for RMB 4.6 billion ($686 million), according to… Read More>>
Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen stock exchange today reassuring investors that the financially troubled mainland developer would be able… Read More>>
Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong’s Queen’s Road in 2017 have been struggling in the city’s current market slowdown, but an announcement this week indicates that one of the wealthy… Read More>>
Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road after a previous suitor was found to have breached the terms of a letter of intent for purchase of the… Read More>>
US private equity pioneer KKR expects to reach a first close on its maiden Asia real estate fund within the next three months, according to a report today by Reuters.
The funding vehicle, which would be in addition to the… Read More>>