Asia Pacific real estate investment news and information
Singapore investors are playing a growing role in Australia’s real estate market, with surging borrowing costs opening up opportunities in the credit space… Read More>>
Industrial giant ESR has announced a first closing of A$540 million ($352.6 million) for the second iteration of its Australian develop-to-hold logistics partnership alongside GIC, with the Singapore sovereign wealth fund committing A$490 million as the strategy’s cornerstone investor.
The… Read More>>
A fund backed by Singaporean property group Metro Holdings has added four more UK student housing assets to its portfolio, while a Metro joint venture with Lion City builder Sim Lian Group has become the latest Asian buyer of an… Read More>>
Chinese investor JY Group has added to its collection of Australian retail assets by picking up a 50 percent stake in a suburban Sydney mall for A$120.5 million ($78.2 million).
JY Group purchased its half-interest in the Carlingford Court shopping… Read More>>
A joint venture fund between GIC and Toronto-listed NorthWest Healthcare Properties REIT is spending A$110 million ($71.58 million) to buy a private suburban hospital in Queensland, Australia from local healthcare provider Healthscope and expand the existing facility.
NorthWest Australia, a… Read More>>
Singapore’s Mercatus Co-operative is continuing to sell down its real estate portfolio, with sources familiar with the company’s plans saying that it is preparing to sell off a one-third interest in a Sydney office tower which it acquired just over… Read More>>
Industrial specialist ESR has launched the third in its series of core-plus logistics funds focused on the Australian market, with financial support once again provided by its longtime partner, Singapore sovereign fund GIC.
ESR Australia Logistics Partnership III has received… Read More>>
The flagship Asia Pacific strategy of US developer and fund manager Hines has entered Melbourne with the acquisition of two logistics properties from Honda Australia.
A project near the Melbourne airport in the suburb of Tullamarine will be the first… Read More>>
Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.
Noting that… Read More>>
Singapore’s GIC is buying a half slice of an A$800 million ($568.3 million) Melbourne office development from Charter Hall after the Australian property giant secured Amazon and Aware Super, the third largest pension fund in the country, as anchor tenants.
