Asia Pacific real estate investment news and information
Australian developer Lendlease Group plans to sell its overseas construction business to focus on operations at home as part of a business overhaul that the company says could free up as much as A$4.5 billion ($3 billion) of capital.
The… Read More>>
Australian developer Lendlease Group plans to sell its overseas construction business to focus on operations at home as … Read more>>>
Liquidators for China Evergrande have lined up a prospective buyer for the bankrupt developer’s majority stake in its struggling electric car division.
The liquidators entered a non-binding agreement to sell China Evergrande’s 58.5 percent equity interest in Hong Kong-listed Evergrande… Read More>>
Liquidators for China Evergrande have lined up a prospective buyer for the bankrupt developer’s majority stake in its … Read more>>>
One month after Singapore authorities said they would begin requiring employers to facilitate employee requests for flexible work, global banking giant Citigroup is reported to be considering shrinking its footprint in one of the city-state’s priciest commercial hubs.
Citi is… Read More>>
One month after Singapore authorities said they would begin requiring employers to facilitate employee requests for … Read more>>>
Hongkong Land warned Thursday that its first-half underlying earnings would be “significantly lower” than in the year-earlier period, primarily due to deteriorating market conditions in mainland China’s residential sector.
The developer’s attributable interest in contracted sales in the first quarter… Read More>>
Hongkong Land warned Thursday that its first-half underlying earnings would be “significantly lower” than in the … Read more>>>
Fitch has downgraded key credit ratings for China Vanke and given a negative outlook to the state-backed builder, even as mainland banks deliver a raft of funding to shore up the troubled giant’s finances.
The downgrade of Vanke’s long-term foreign… Read More>>
Fitch has downgraded key credit ratings for China Vanke and given a negative outlook to the state-backed builder, even … Read more>>>
The Canada Pension Plan Investment Board reported a net return of 8 percent for the fiscal year to the end of March as net assets rose nearly 11 percent to C$632.3 billion ($462.6 billion).
The annual results for fiscal 2024… Read More>>
The Canada Pension Plan Investment Board reported a net return of 8 percent for the fiscal year to the end of March as … Read more>>>
With investors rushing to snatch up Korean office properties, a consortium led by US private equity giant KKR is putting a 23-storey tower on the market with the potential to achieve a nearly 60 percent mark-up from their 2020 purchase… Read More>>
With investors rushing to snatch up Korean office properties, a consortium led by US private equity giant KKR is putting … Read more>>>
Cromwell Property Group has agreed to sell its European fund management platform and interests, including Cromwell European REIT, to Swiss investment firm Stoneweg for €280 million ($457 million), as the ASX-listed company carries out a plan to simplify its business… Read More>>
Cromwell Property Group has agreed to sell its European fund management platform and interests, including Cromwell … Read more>>>
LaSalle Investment Management has teamed up with a local investor and developer to acquire a commercial site in Seoul for KRW 155 billion ($110 million), as the Korean capital’s office towers continue to be a top draw with investors globally.
LaSalle Investment Management has teamed up with a local investor and developer to acquire a commercial site in Seoul … Read more>>>
Less than two months after a mainland Chinese buyer walked away from a deal to buy the Far East Shopping Centre on Singapore’s Orchard Road, the committee representing the owners of the strata-title property has received a new offer said… Read More>>
Less than two months after a mainland Chinese buyer walked away from a deal to buy the Far East Shopping Centre on … Read more>>>
