Asia Pacific real estate investment news and information
Credit Suisse Asset Management has sold a Sydney office tower to Hong Kong based family fund Longbow Enterprises for A$111.8 million ($80.64 million), according to sources familiar with the transaction who spoke with Mingtiandi.
The private equity fund manager’s sale… Read More>>
Warburg Pincus-backed ESR has made a $505 million all-cash offer for Sydney-based real estate investment manager Propertylink, according to an announcement to the Australian stock exchange late last week.
The Pan-Asian warehouse investment platform’s Australian arm, is offering A$1.15 per… Read More>>
Chinese conglomerate and property heavyweight China Poly Group Corporation has hired Australia-listed construction company Watpac to begin construction of its A$300 million office tower in central Sydney, according to the Australian local media.
Located on 210-220 George St along the… Read More>>
Singapore’s GIC is putting 50 percent of the Chifley Tower in Sydney on the market, according to the AFR and other media accounts.
The sovereign wealth fund is said to be asking A$900 million ($650 million) to part with half… Read More>>
Australian real estate brokerage Ausin has removed references to 17 of its group offices in China from its website and says that it has reported the head of its Chinese affiliate to authorites after the company’s mainland operation collapsed without… Read More>>
An A$500 million ($365 million) hotel and condo project in Sydney backed by two of Hong Kong’s wealthiest families filed plans last week for a 61-storey tower incorporating the city’s only Ritz-Carlton hotel, as casino operator Star Entertainment Group expands a… Read More>>
In its third Melbourne deal in as many months, pan-Asian logistics developer Logos Property has acquired a Kmart distribution centre in the city’s Truganina suburb for A$119 million ($86 million).
Logos, which is headed by logistics veterans Trent Iliffe and… Read More>>
Keppel Corporation has signed an agreement with ASX-listed Vicinity Centres to launch a A$1 billion ($743 million) retail property fund. The new vehicle, which is being formed at a time when Singaporean companies are increasingly active in Australia, will be… Read More>>
Singapore-listed Ascendas REIT continues to build out its portfolio of industrial properties as the manager of the real estate investment trust announced the acquisition of Cargo Business Park in Brisbane, Australia late last week.
A-REIT has agreed to acquire the… Read More>>
Singapore’s Rockworth Capital has added to its portfolio of Australian real estate assets with the purchase of 100 Edward Street, a grade B office asset in Brisbane for a sum of over A$60 million ($44.4 million), according to an announcement… Read More>>
