Asia real estate and outbound investment news
Brookfield has agreed to acquire industrial assets in Hong Kong’s New Territories from Hanison Construction for HK$211.3 million ($26.9 million), following closely behind the Canadian asset management giant’s under-the-radar purchase of local self-storage operator RedBox.
The assets comprise workshops 1… Read More>>
After leasing out its most recent Singapore value-add project to Alibaba and its Lazada unit, real estate investment firm Chelsfield Asia is on the lookout for distressed assets in its Hong Kong home base as it gears up for more… Read More>>
Nuveen announced the addition of four assets to its Asia Pacific core investment strategy today with the acquisition of a data centre in Hong Kong’s New Territories and a set of three multi-family properties in Japan’s second largest city.
The… Read More>>
Weave Living on Tuesday announced the formation of a $200 million joint venture with a global institutional investor to acquire the 435-room Rosedale Hotel in Kowloon for HK$1.37 billion ($175.4 million), signalling a dramatic leap in scale for the residential… Read More>>
Link REIT has put its Stanley Plaza shopping centre up for sale, even as an unprecedented surge in COVID-19 cases clouds the retail outlook in Hong Kong.
Asia’s largest real estate investment trust received an unsolicited expression of interest from… Read More>>
Singapore-based SC Capital Partners has teamed up with Hong Kong value-add developer Lofter Group to acquire a more than 90 percent interest in a project on Ap Lei Chau island in the Asian financial hub, with an eye towards redeveloping… Read More>>
PGIM Real Estate has moved to acquire a pair of Hong Kong hotels, including snapping up a mid-range Central hostelry for a reported HK$850 million ($109 million), as the city’s travel slump persists and the market for residential conversions heats… Read More>>
Wang On Properties looks set to add another suburban residential project to its pipeline as the Hong Kong-listed developer has been identified as the buyer behind the recent HK$580 million ($74.5 million) purchase of a more than 80 percent piece… Read More>>
Nan Fung Development continues to bet on Hong Kong Island’s luxury residential market, reaching just under 70 percent ownership last month of a set of lane houses in Jardine’s Lookout through a series of purchases which totalled over HK$1 billion… Read More>>
Henderson Land Development this week moved a step closer to creating a new luxury residential project in Hong Kong’s Mid-Levels, with its acquisition of a property valued at HK$522.1 million ($66.9 million) through a compulsory sale for redevelopment.
Hong Kong’s… Read More>>
