Asia Pacific real estate investment news and information
The Ontario Teachers’ Pension Plan reported a net return of 1.9 percent for 2023, as a 20 percent gain in public equities was offset by losses in infrastructure and real estate.
The Canadian fund’s net assets grew to C$247.5 billion… Read More>>
The Ontario Teachers’ Pension Plan reported a net return of 1.9 percent for 2023, as a 20 percent gain in public … Read more>>>
Moody’s Investors Service has withdrawn its issuer rating for China Vanke, assigned a speculative-grade rating to the state-backed builder’s corporate family and downgraded Vanke bonds further into junk territory.
The rating actions reflect the view that Vanke’s credit metrics, financial… Read More>>
Moody’s Investors Service has withdrawn its issuer rating for China Vanke, assigned a speculative-grade rating to the … Read more>>>
S&P Global Ratings has lowered its outlook to negative on Mirae Asset Securities and Korea Investment & Securities, with the agency flagging the Korean brokerages’ exposure to struggling property markets at home and overseas.
S&P cut its rating outlook from… Read More>>
S&P Global Ratings has lowered its outlook to negative on Mirae Asset Securities and Korea Investment & … Read more>>>
Two years after completing its buyout of ARA Asset Management, ESR is selling the Singapore-based company’s private fund management business as it hones its focus on assets linked to Asia Pacific’s fastest growing sectors.
The Hong Kong-listed real estate giant… Read More>>
Two years after completing its buyout of ARA Asset Management, ESR is selling the Singapore-based company’s private fund … Read more>>>
Hong Kong’s MTR Corporation reported a 20.8 percent drop in attributable profit to HK$7.8 billion ($1 billion) for 2023 as the listed operator of mass transit systems recognised less income from property development projects.
Profit from property development plunged 80… Read More>>
Hong Kong’s MTR Corporation reported a 20.8 percent drop in attributable profit to HK$7.8 billion ($1 billion) for 2023 … Read more>>>
Regional developer Hongkong Land reported an attributable loss of $582 million for 2023, reversing a year-earlier profit of $203 million, as valuations continued to decline in the group’s hometown office portfolio.
Underlying profit, which ignores the fair-value change of investment… Read More>>
Regional developer Hongkong Land reported an attributable loss of $582 million for 2023, reversing a year-earlier profit … Read more>>>
Asia Pacific self-storage operator StorHub Group on Thursday announced its expansion into Australia, with the Warburg Pincus-backed company touting $300 million in equity commitments to support the Down Under business unit.
The Aussie platform is seeded with five assets in… Read More>>
Asia Pacific self-storage operator StorHub Group on Thursday announced its expansion into Australia, with the Warburg … Read more>>>
With Osaka projected to host over 28 million visitors at the World Expo next year, Tokyo-based Mori Trust has picked up a 300-key hotel in the city from private equity major PAG which could set it up to profit from… Read More>>
With Osaka projected to host over 28 million visitors at the World Expo next year, Tokyo-based Mori Trust has picked up … Read more>>>
Sankei Real Estate has agreed to buy out the remaining 49 percent interest it does not own in a central Tokyo office building for JPY 7.5 billion ($50 million), with the TSE-listed REIT also set to acquire a 40 percent… Read More>>
Sankei Real Estate has agreed to buy out the remaining 49 percent interest it does not own in a central Tokyo office … Read more>>>
New World Development is selling a shopping centre in Hong Kong’s Tsuen Wan area to Chinachem Group at a one-third discount from its reported asking price, as the Hong Kong-listed builder continues to pare its investment portfolio as part of… Read More>>
New World Development is selling a shopping centre in Hong Kong’s Tsuen Wan area to Chinachem Group at a one-third … Read more>>>
