Asia Pacific real estate investment news and information
Singapore’s CapitaLand Investment (CLI) has sold its majority shareholding in a RMB 2.4 billion ($340 million) Beijing office building to AIA Life Insurance as the life insurer continues to snatch up properties amid mainland China’s real estate downturn.
CLI divested… Read More>>
Singapore’s CapitaLand Investment (CLI) has sold its majority shareholding in a RMB 2.4 billion ($340 million) Beijing … Read more>>>
GuocoLand posted a 12 percent year-on-year rise in profit to S$66.2 million ($49.4 million) for its fiscal first half as revenue shot up 61 percent to more than S$1 billion.
The SGX-listed property arm of Malaysia’s Hong Leong Group recorded… Read More>>
GuocoLand posted a 12 percent year-on-year rise in profit to S$66.2 million ($49.4 million) for its fiscal first half as … Read more>>>
Orix REIT will buy three Tokyo residential projects for a combined JPY 12.6 billion ($85 million) and sell an office building in the city for JPY 8.8 billion, the TSE-listed trust announced late last week.
The most expensive purchase in… Read More>>
Orix REIT will buy three Tokyo residential projects for a combined JPY 12.6 billion ($85 million) and sell an office … Read more>>>
Singapore-listed Keppel REIT posted a 2 percent drop in distribution per unit for 2023 as borrowing costs jumped 16 percent and interest income plunged 70.9 percent.
Full-year net property income rose 3.7 percent to S$182.4 million ($136.2 million), boosted by… Read More>>
Singapore-listed Keppel REIT posted a 2 percent drop in distribution per unit for 2023 as borrowing costs jumped 16 … Read more>>>
China Evergrande Group was issued a wind-up order by Hong Kong’s High Court on Monday, setting in motion the liquidation of a company once ranked as China’s largest developer as it struggles with $329 billion in debts against $240 billion… Read More>>
China Evergrande Group was issued a wind-up order by Hong Kong’s High Court on Monday, setting in motion the liquidation … Read more>>>
TE Capital Partners and LaSalle Investment Management have completed their S$450 million ($331 million) acquisition of the VisionCrest Commercial building in Singapore’s Orchard area, finalising the biggest office deal announced in the city-state in 2023.
The joint venture is between… Read More>>
TE Capital Partners and LaSalle Investment Management have completed their S$450 million ($331 million) acquisition of … Read more>>>
IOI Properties Group continues to boost its hospitality holdings with the Malaysia developer agreeing to purchase a 199-key hotel in Penang from local developer Tropicana Corp for RM 165 million ($35 million).
IOI on Friday signed a sale and purchase… Read More>>
IOI Properties Group continues to boost its hospitality holdings with the Malaysia developer agreeing to purchase a … Read more>>>
The global travel recovery drove demand at CapitaLand Ascott Trust in 2023, with the Singapore-listed lodging REIT’s full-year distribution rising 25 percent to S$237 million ($176.7 million).
CLAS, a stapled trust comprising CapitaLand Ascott REIT and CapitaLand Ascott Business Trust,… Read More>>
The global travel recovery drove demand at CapitaLand Ascott Trust in 2023, with the Singapore-listed lodging REIT’s … Read more>>>
Blackstone’s real estate business posted a 50 percent revenue plunge in 2023 and stood out as the firm’s worst-performing segment, as high interest rates dented returns at the world’s largest alternative investment manager.
The Manhattan-based private equity titan recorded $3.4… Read More>>
Blackstone’s real estate business posted a 50 percent revenue plunge in 2023 and stood out as the firm’s … Read more>>>
Hong Kong-based private equity firm Gaw Capital and Singapore-based maritime and energy company BW Group have established a joint venture to invest in battery energy storage system (BESS) projects in Australia.
The 50:50 JV, dubbed Valent Energy, will see Gaw… Read More>>
Hong Kong-based private equity firm Gaw Capital and Singapore-based maritime and energy company BW Group have … Read more>>>
