Asia Pacific real estate investment news and information
A second Hong Kong mansion linked to China Evergrande Group’s fallen chairman Xu Jiayin has been put up for sale after being seized by receivers, as creditors liquidate assets in the wind-up of what was once China’s largest developer.
Receivers… Read More>>
A second Hong Kong mansion linked to China Evergrande Group’s fallen chairman Xu Jiayin has been put up for sale after … Read more>>>
Japan’s NTT UD REIT has agreed to increase its 15 percent interest in a Tokyo mixed-use complex to 34.2 percent via a JPY 14.9 billion ($99 million) stake acquisition from the trust’s sponsor.
The complex, known as Granpark, is a… Read More>>
Japan’s NTT UD REIT has agreed to increase its 15 percent interest in a Tokyo mixed-use complex to 34.2 percent via a … Read more>>>
Global private real estate fundraising in 2023 suffered its sharpest drop in 14 years, tumbling 33.1 percent to $151.3 billion, according to data provider Realfin.
The number of private vehicles reaching a final closing recorded the deepest decline of all… Read More>>
Global private real estate fundraising in 2023 suffered its sharpest drop in 14 years, tumbling 33.1 percent to $151.3 … Read more>>>
CapitaLand Investment’s attributable profit fell 79 percent to S$181 million ($134.5 million) in 2023, pressured by a second-half loss of S$170 million stemming from markdowns on the Singapore-listed fund manager’s global portfolio.
The firm last year felt the impact of… Read More>>
CapitaLand Investment’s attributable profit fell 79 percent to S$181 million ($134.5 million) in 2023, pressured by a … Read more>>>
Singapore’s City Developments Ltd reported a 75.3 percent drop in attributable profit to S$317.3 million ($235.7 million) for 2023, even as the first-half completion of a residential project helped revenue reach an all-time high.
The profit plunge was due to… Read More>>
Singapore’s City Developments Ltd reported a 75.3 percent drop in attributable profit to S$317.3 million ($235.7 … Read more>>>
Singapore-listed developer Ho Bee Land has swung to the red in 2023 with an attributable net loss of S$259.8 million, as fair value losses on its London investment properties and higher interest expenses dented the company’s profitability.
The company’s loss… Read More>>
Singapore-listed developer Ho Bee Land has swung to the red in 2023 with an attributable net loss of S$259.8 million, as … Read more>>>
Singapore developer UOL Group’s 2023 attributable profit jumped 44 percent to S$707.7 million ($527 million), boosted by an October hotel disposal.
The profit surge was propelled by a gain of S$442.3 million from the sale of the Parkroyal on Kitchener… Read More>>
Singapore developer UOL Group’s 2023 attributable profit jumped 44 percent to S$707.7 million ($527 million), boosted by … Read more>>>
OMERS, the biggest pension fund manager in Canada’s Ontario province, reported a 7.2 percent net loss on real estate investments in 2023, swinging from a net return of 13.6 percent the prior year, as elevated interest rates took a toll… Read More>>
OMERS, the biggest pension fund manager in Canada’s Ontario province, reported a 7.2 percent net loss on real estate … Read more>>>
Weave Living has secured further investment from existing shareholders, founder and CEO Sachin Doshi and private equity major Warburg Pincus, as the rental residential operator looks to double its portfolio in an expansion set to take it beyond Hong Kong,… Read More>>
Weave Living has secured further investment from existing shareholders, founder and CEO Sachin Doshi and private equity … Read more>>>
Goldman Sachs and Abu Dhabi’s Mubadala Investment Company have established a $1 billion partnership to invest in private debt opportunities across Asia Pacific, including real estate, in a bid to plug a financing gap left by traditional lenders.
The partners… Read More>>
Goldman Sachs and Abu Dhabi’s Mubadala Investment Company have established a $1 billion partnership to invest in private … Read more>>>
