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Ken Chan of Patience

CapitaLand Ascott Trust Buys Three Japan Apartment Blocks From Patience for $30M

Ken Chan of Patience

2026/02/24 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust has acquired three rental residential assets in the southwest corner of Greater Tokyo for a total of JPY 4.6 billion ($29.8 million), as Asia Pacific’s biggest lodging REIT maintains its focus on the Japanese living sector.

The… Read More>>

CapitaLand Ascott Trust has acquired three rental residential assets in the southwest corner of Greater Tokyo for a … Read more>>>

Singapore’s Centurion REIT Beats Property Income and Revenue Forecasts as Rents Rise

2026/02/24 by Christopher Caillavet Leave a Comment

Singapore-listed Centurion Accommodation REIT posted net property income of S$36.1 million ($28.5 million) for its inaugural financial period, beating its IPO forecast by 4.1 percent on higher rents and strong occupancy across its worker and student housing properties.

CAREIT’s gross… Read More>>

Singapore-listed Centurion Accommodation REIT posted net property income of S$36.1 million ($28.5 million) for its … Read more>>>

Tony Lombardo, global CEO of Lendlease

Lendlease Swings to Six-Month Loss of $225M on Soured Property Valuations

Tony Lombardo, global CEO of Lendlease

2026/02/23 by Christopher Caillavet Leave a Comment

Lendlease reported a loss of A$318 million ($225 million) for the six months to the end of December, as the Australian builder continues to execute on a multi-year overhaul aimed at scaling back overseas development and focusing on domestic operations.

… Read More>>

Lendlease reported a loss of A$318 million ($225 million) for the six months to the end of December, as the Australian … Read more>>>

Zac Fried Spotlight

Melbourne Market Shows Signs of Life as Spotlight Group Buys Toorak Complex for $131M

Zac Fried Spotlight

2026/02/23 by Christopher Caillavet Leave a Comment

Melbourne’s beleaguered commercial property market is showing signs of recovery, with the Victoria capital recording what is said to be its biggest office deal so far this year with a reported A$185 million ($131 million) sale of a property in… Read More>>

Melbourne’s beleaguered commercial property market is showing signs of recovery, with the Victoria capital recording … Read more>>>

Aaron Lee, Dash Living

Dash Living Picking Up Former Hong Kong Hotel From Gale Well at 70% Off 2019 Price

Aaron Lee, Dash Living

2026/02/22 by Michael Cole Leave a Comment

Hong Kong’s plummeting property values have provided Dash Living with an economical opportunity to expand its portfolio in the city, as the Rava Partners-backed rental residential operator picks up a Wan Chai district property at 70 percent off the 2019… Read More>>

Hong Kong’s plummeting property values have provided Dash Living with an economical opportunity to expand its portfolio … Read more>>>

UOB chief executive Wee Ee Cheong

UOB, OUE REIT Prep $1.9B Sale Campaign for Singapore’s One Raffles Place

UOB chief executive Wee Ee Cheong

2026/02/21 by Christopher Caillavet Leave a Comment

Another downtown landmark is set to test Singapore’s rebounding commercial property market, as UOB Group and OUE REIT quietly prepare to put One Raffles Place up for sale for as much as S$2.4 billion ($1.9 billion), market sources confirmed to… Read More>>

Another downtown landmark is set to test Singapore’s rebounding commercial property market, as UOB Group and OUE REIT … Read more>>>

Investa chief investment officer Adam Crowe (Image: Investa)

BGO Buying North Sydney Office Building From Dexus for $395M

Investa chief investment officer Adam Crowe (Image: Investa)

2026/02/19 by Christopher Caillavet Leave a Comment

Fund manager BGO has agreed to acquire an office tower in North Sydney from Australian property giant Dexus and a Dexus-managed vehicle in a deal valuing the property at A$558 million ($394.7 million).

The transaction of 100 Mount Street was… Read More>>

Fund manager BGO has agreed to acquire an office tower in North Sydney from Australian property giant Dexus and a … Read more>>>

Stephen Gaitanos of The Living Company

The Living Company Wins State Nod for $1B Sydney BTR Precinct

Stephen Gaitanos of The Living Company

2026/02/18 by Christopher Caillavet Leave a Comment

The Living Company has received development consent from the state of New South Wales for a Sydney residential precinct with an investment value of A$1.5 billion ($1 billion).

The approval clears the path for the company formerly known as Scape… Read More>>

The Living Company has received development consent from the state of New South Wales for a Sydney residential precinct … Read more>>>

Ross Du Vernet of Dexus

Dexus Income Jumps 31% as Asset Valuations Bounce Back

Ross Du Vernet of Dexus

2026/02/18 by Christopher Caillavet Leave a Comment

Australia’s Dexus Group posted a net profit of A$348.5 million ($246.5 million) for the six months to the end of December, up strongly from A$10.3 million in the year-earlier period, as asset valuations in the commercial property giant’s portfolio turned… Read More>>

Australia’s Dexus Group posted a net profit of A$348.5 million ($246.5 million) for the six months to the end of … Read more>>>

Dan McLennan

Australia’s Local Residential Eyes Core-Plus Ventures as BTR Portfolio Hits 4,000 Homes

Dan McLennan

2026/02/16 by Michael Cole Leave a Comment

Melbourne-based build-to-rent operator Local:Residential took its portfolio of rental homes to over 4,000 units earlier this month with a co-founder of the Macquarie Asset Management-backed operator pointing to the scale of its holdings, and the rapid development of Australia’s multi-family… Read More>>

Melbourne-based build-to-rent operator Local:Residential took its portfolio of rental homes to over 4,000 units earlier … Read more>>>

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