PGIM Real Estate has moved to acquire a pair of Hong Kong hotels, including snapping up a mid-range Central hostelry for … Read more>>
PAG has agreed to buy an office and retail complex in Singapore’s central business district from Singapore-listed Frasers Logistics & Commercial Trust for S$810.8 million ($603 million)
The Hong Kong private equity player is buying the Cross Street Exchange near… Read More>>
Three years after listing on the NASDAQ exchange in a $46 million IPO, Qingke Apartment Leasing has been declared bankrupt by a mainland court. The Morgan Stanley-backed apartment rental platform’s name can be translated as ‘eggshell’ and in this instance… Read More>>
PGIM Real Estate has moved to acquire a pair of Hong Kong hotels, including snapping up a mid-range Central hostelry for a reported HK$850 million ($109 million), as the city’s travel slump persists and the market for residential conversions heats… Read More>>
Hong Kong-based fund manager Gaw Capital Partners on Friday announced that, together with US investment management firm Invesco, it has completed the $3 billion privatisation of Invesco Office J-REIT.
The deal, which was led by Invesco Asia Fund IV, represents… Read More>>
Canada’s Brookfield Asset Management on Thursday announced that it has backed a China-focused infrastructure vehicle led by Sequoia China, the mainland branch of the famed Silicon Valley venture capital firm.
Dedicated to supporting China’s new economy, Sequoia China Infrastructure Fund… Read More>>
Just over a year after opening a 100,000 square metre office project in western Hanoi, a fund managed by Capitaland Investment Ltd has sold the partially-filled asset for S$751 million ($558 million), leaving it with just one partially-developed office property… Read More>>
ESR has completed its $5.2 billion acquisition of Singapore-based ARA Asset Management, less than three months after the Hong Kong-listed logistics giant’s shareholders overwhelmingly approved the deal.
The enlarged ESR Group, which also encompasses ARA subsidiary Logos, now stands as… Read More>>
China Aoyuan Group has become the latest mainland developer to default on its financial obligations, announcing Wednesday that it would not make payments on $1.09 billion in offshore notes scheduled to mature in the next three years, including two sets… Read More>>
AEW Capital Management has acquired a portfolio of four newly-completed residential buildings with a combined 177 units in Greater Tokyo, signalling conviction in multi-family as one of the firm’s key investment themes in Asia.
The assets are located in affluent… Read More>>
Hong Kong billionaire Michael Kadoorie has agreed to pay a steep premium to increase his family’s majority stake in Hongkong and Shanghai Hotels Ltd from 59.98 percent to 72.43 percent through an off-market share purchase totalling HK$2.63 billion ($337.5 million).