Asia Pacific real estate investment news and information
Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion ($29 million), with the Tokyo-listed trust set to reap JPY 1.3 billion in gains from the disposals.
The REIT,… Read More>>
Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion … Read more>>>
A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop King” Tang Shing-bor and are being offered for sale at less than half of what the clan… Read More>>
A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop … Read more>>>
Financial services giant Aon has agreed to sell Cleveland-based real estate private equity firm Townsend Group to an investment manager based in the same city, as property strategies continue to struggle for traction.
Ohio’s Riverside Group, a private equity firm… Read More>>
Financial services giant Aon has agreed to sell Cleveland-based real estate private equity firm Townsend Group to an … Read more>>>
As analysts warn of a “lost decade” in Chinese office markets, state-backed Shanghai Lujiazui Development Group Co Ltd, better known as Lujiazui Group, is scrambling to sell about 20 Shanghai office towers estimated to be valued at RMB 30 billion… Read More>>
As analysts warn of a “lost decade” in Chinese office markets, state-backed Shanghai Lujiazui Development Group Co Ltd, … Read more>>>
CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a mainland investor, as cash-rich corporate investors continue to seek discounted acquisition opportunities amid China’s property slump.
The 90-unit Ascott Heng Shan Shanghai… Read More>>
CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a … Read more>>>
An investment fund managed by Manhattan-based developer and investor Tishman Speyer has completed its acquisition of a majority stake in a hotel in northeastern Shanghai’s Yangpu district, with the property set to be converted into serviced apartments operated by Singapore’s… Read More>>
An investment fund managed by Manhattan-based developer and investor Tishman Speyer has completed its acquisition of a … Read more>>>
A long-delayed boutique hotel project in Singapore’s Orchard Road area has been put up for sale at an indicative price of S$195 million ($143.3 million), CBRE said Thursday.
The 115-key project is being offered to potential buyers via an expression… Read More>>
A long-delayed boutique hotel project in Singapore’s Orchard Road area has been put up for sale at an indicative price … Read more>>>
CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared with the same period in 2023, with the trust’s managers citing sustained lodging demand and expansion of its portfolio as boosting… Read More>>
CapitaLand Ascott Trust achieved a 15 percent increase in gross profit during the first quarter of this year, compared … Read more>>>
Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of March, squeezed by higher interest rates, but net property income jumped 15.2 percent on the post-merger expansion of the… Read More>>
Mapletree Pan Asia Commercial Trust said its distribution per unit fell 7.3 percent in the fiscal year to the end of … Read more>>>
SGX-listed Keppel REIT reported first-quarter net property income of S$48.2 million ($35.4 million), up 7.2 percent from a year earlier, underpinned by higher Singapore rentals and the contribution from a completed office project in Sydney.
The NPI increase was supported… Read More>>
SGX-listed Keppel REIT reported first-quarter net property income of S$48.2 million ($35.4 million), up 7.2 percent from … Read more>>>
