Asia Pacific real estate investment news and information
Lendlease has agreed to sell its Capella Capital infrastructure arm to Japan’s Sojitz Corporation for A$235 million ($146 million), as the Australian real estate group continues to dispose of non-core lines as part of a business overhaul.
The sale will… Read More>>
Australia’s biggest owner-operator of student housing, Scape, has converted its flagship purpose-built student accommodation vehicle into a A$6 billion ($3.8 billion) open-ended core fund with a 16,000-bed portfolio across 33 operational assets.
As part of the conversion, the fund has… Read More>>
Australia’s GreenFort Capital has acquired two land lease projects in Queensland under its partnership with Gaw Capital Partners, adding 750 lots to the platform’s development pipeline.
Brisbane-based GreenFort purchased an inland site at Gowrie Junction in Toowoomba suitable for 422… Read More>>
Australia’s biggest owner-operator of student housing, Scape, has secured a A$700 million ($434.3 million) equity commitment from South Korea’s National Pension Service for a suite of living sector investment strategies, the parties announced Thursday.
The partnership with the $800 billion… Read More>>
With Australia already accounting for more than a third of business, Singapore property player Ho Bee Land on Wednesday made a A$390.7 million ($242.3 million) bid to add a local developer to its presence Down Under.
Ho Bee Land made… Read More>>
With office investment in Sydney’s central business district nearly doubling last year, SGX-listed UOL Group announced that it has completed its first transaction in the area, with the closing of an A$460 million ($285 million) acquisition from Canadian giant, Brookfield… Read More>>
An Australian casino operator backed by the Cheng family controlling Hong Kong’s New World Development revealed Wednesday that its available cash fell 47 percent in the three months to 31 December, throwing doubt on its future as the company faces… Read More>>
Japan’s Sumitomo Corporation has made its maiden property investment in Australia by entering a 50:50 joint venture with real estate giant Mirvac on an A$830 million ($516 million) Sydney residential project.
The tie-up for the under-construction Highforest in Sydney’s northwest… Read More>>
US multi-family giant Greystar has agreed to buy seven Australian student housing properties from a joint venture between Singaporean developer Wee Hur Holding and sovereign fund GIC for A$1.6 billion ($1.01 billion), confirming earlier reporting by Mingtiandi.
The acquisition of… Read More>>
Singapore’s CapitaLand Investment is acquiring Melbourne-based fund manager Wingate Group for A$200 million ($127.4 million), in a move set to extend the Temasek-backed giant’s private credit business into Australia.
In buying the 20-year-old firm led by founder and CEO Farrel… Read More>>
