Asia Pacific real estate investment news and information
The alternatives arm of banking giant Goldman Sachs has completed its acquisition of a hotel complex in central Seoul from Hyundai Asset Management, with market sources confirming a deal value of KRW 262 billion ($194 million).
Goldman picked up Mercure… Read More>>
Nomura Real Estate Holdings is buying a Japanese hotel operator from Odakyu Electric Railway as the infrastructure firm continues to struggle with the lingering impact of the pandemic on the travel industry.
Odakyu announced last week that it is divesting… Read More>>
In today’s roundup of regional news headlines, a residential site in Hong Kong’s New Territories changes hands at a big discount, and China appoints a new governor of the nation’s central bank. Also making the list are reactions to the… Read More>>
City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management for A$177.7 million ($119 million), as Australia continues to attract Singaporean investors.
CDL, through a joint venture equally owned by its Millennium… Read More>>
Japanese real estate developer Tokyu Land is betting on hospitality in the Land of Smiles, with the company’s Singaporean arm investing in a trio of Ibis-branded hotels in separate resort areas in Thailand as tourism stages a partial post-Covid comeback.
A Malaysian property conglomerate’s new chief executive leads the way as Mingtiandi rounds up our set of personnel moves from around Asia this week. Kuala Lumpur-based Mahsing has chosen former Shanghai resident Benjamin Ong as its new boss, and we… Read More>>
Student digs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Temasek-backed investment unit is reportedly among the potential bidders for a UK student accommodation group valued at £4 million ($5.3 million).
Hong Kong-based asset manager iProsperity has acquired a set of 23 Australian hotels from French hotel investment firm AccorInvest, according to an account this week in the Australian Financial Review.
iProsperity, which manages funds for high net worth individuals and… Read More>>
Trophy assets lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a South Korean group now leads the pursuit of a troubled insurer’s luxury hotel portfolio, with the offer said to be in the… Read More>>
Falling profits lead the way in Mingtiandi’s roundup of real estate headlines today with the news that earnings at a major Singapore developer took a hit from the costs of a recent merger.
In other news around the region, an… Read More>>
