Asia Pacific real estate investment news and information
A joint venture of Canada’s Manulife Investment Management and Tokyo-based Kenedix has acquired a nine-asset multi-family portfolio in Japan for JPY 23 billion ($160 million).
Located in the Greater Tokyo and Osaka areas, the properties have an average age of… Read More>>
A joint venture of Canada’s Manulife Investment Management and Tokyo-based Kenedix has acquired a nine-asset … Read more>>>
Japan’s Star Asia Investment Corp has agreed to acquire four hotels for a total of JPY 34.6 billion ($240 million), as the Tokyo-listed REIT makes strides towards its goal of amassing JPY 300 billion in assets by 2026.
The assets… Read More>>
Japan’s Star Asia Investment Corp has agreed to acquire four hotels for a total of JPY 34.6 billion ($240 million), as … Read more>>>
Lendlease reported a loss of A$1.5 billion ($1 billion) for the fiscal year to June, ballooning from a year-earlier deficit of A$232 million, as the Australian real estate group booked write-downs related to an ongoing business overhaul.
ASX-listed Lendlease recognised… Read More>>
Lendlease reported a loss of A$1.5 billion ($1 billion) for the fiscal year to June, ballooning from a year-earlier … Read more>>>
Sweden’s EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an all-cash deal valuing the Singapore-based platform at $1.1 billion, according to a Friday announcement.
Private equity firm EQT will… Read More>>
Sweden's EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an … Read more>>>
Merlin Bingham Swire, deputy chairman and chief executive of his family’s 208-year old conglomerate John Swire & Sons Ltd, has sold all of his shares in the group’s property development unit Swire Properties and has now cut his holdings in… Read More>>
Merlin Bingham Swire, deputy chairman and chief executive of his family’s 208-year old conglomerate John Swire & … Read more>>>
Li Ka-shing’s CK Asset Holdings posted a 15 percent year-on-year drop in first-half attributable profit to HK$8.6 billion ($1.1 billion) as economic weakness in Hong Kong and mainland China hurt home sales.
The developer controlled by Hong Kong’s richest man… Read More>>
Li Ka-shing’s CK Asset Holdings posted a 15 percent year-on-year drop in first-half attributable profit to HK$8.6 … Read more>>>
Singapore’s Centurion Corp posted a 209 percent year-on-year surge in attributable profit to S$118.2 million ($89.7 million) for the first half of the year, boosted by net fair value gains of S$61.6 million.
Excluding fair value adjustments, net profit from… Read More>>
Singapore’s Centurion Corp posted a 209 percent year-on-year surge in attributable profit to S$118.2 million ($89.7 … Read more>>>
Singapore’s City Developments Ltd reported a first-half attributable profit of S$87.8 million ($66.8 million), up 32 percent year-on-year, with divestment gains and hotel income weighing heavily as development revenue dipped.
CDL’s overall revenue for the six months tumbled 42 percent… Read More>>
Singapore’s City Developments Ltd reported a first-half attributable profit of S$87.8 million ($66.8 million), up 32 … Read more>>>
CapitaLand Investment (CLI)’s net profit declined 6 percent year-on-year to S$331 million in the first half of the year, as portfolio gains helped cushion a 14 percent slide in operating profit after tax and minority interest (PATMI).
SGX-listed CLI’s revenue… Read More>>
CapitaLand Investment (CLI)’s net profit declined 6 percent year-on-year to S$331 million in the first half of the year, … Read more>>>
ESR expects to report a loss of $210 million for the first half of the year, according to a warning issued Wednesday by the Hong Kong-listed industrial developer and fund manager.
The predicted shortfall would reverse a net profit of… Read More>>
ESR expects to report a loss of $210 million for the first half of the year, according to a warning issued Wednesday by … Read more>>>
