Asia real estate and outbound investment news
ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.
The public offer, which began on Thursday night… Read More>>
A surge of Singapore stories leads the real estate news from around the region today, leading with one of the city’s largest real estate fund managers’ plans for a $720 million hospitality trust.
And investors in the Southeast Asian financial… Read More>>
Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
A fund managed by Singapore’s ARA Asset Management has agreed to purchase the iconic Seoul Square building from KR1 CR REIT, a locally-listed trust whose largest shareholder is a division of Singapore’s Keppel Capital.
The deal, which is said by… Read More>>
ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>
A joint venture between ARA Asset Management and Chelsfield Asia has purchased the Manulife Centre on Singapore’s Bras Basah Road for S$555.5 million ($408.8 million), according to statements released late Friday.
Singapore-based ARA and Chelsfield, the Asian arm of a… Read More>>
Singapore-based real estate fund manager ARA Asset Management announced on Monday that it had purchased a portfolio of 38 Hyatt-branded hotels in the United States from a unit of Lone Star Funds at an undisclosed price, marking ARA’s first foray… Read More>>
Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league with partners including British Columbia’s QuadReal Property Group, have acquired the Ocean Towers office building in Shanghai.
The consortium purchased the… Read More>>
Link Asset Management Limited, the manager of Hong Kong’s Link Real Estate Investment Trust, announced today its acquisition of Beijing Jingtong Roosevelt Plaza, a recently completed shopping centre in Beijing’s suburban Tongzhou district for RMB 2.56 billion ($369 million).
The… Read More>>
China’s nascent rental housing market hits the news again today as leading rental operator Ziroom pulls down 20,000 recent home listings over formaldehyde concerns.
Singapore’s ARA Asset Management also gets some ink as it searches for bargains in Malaysia and… Read More>>
