Asia Pacific real estate investment news and information
A year and a half after being established to take advantage of rising demand for investment-grade logistics assets in South Korea, Warburg Pincus-backed Qube Industrial has sold a pair of Greater Seoul warehouses to Blackstone for an undisclosed sum.
Qube… Read More>>
Just over a half-year after having been taken private in a transaction backed by Hillhouse Investment’s Rava Partners division and Daiwa Securities Group, Japanese real estate firm Samty Holdings has raised JPY 58 billion ($391 million) for its first dedicated… Read More>>
Flow Digital Infrastructure has begun construction of a 30-megawatt data centre campus in central Tokyo, with the unit of Asia-focused private equity firm PAG aiming to meet hyperscale demand in one of the world’s biggest markets for server sheds.
The… Read More>>
CapitaLand Ascott Trust on Tuesday posted a 6 percent year-on-year jump in first-half gross profit to S$182.5 million ($141.8 million) as the managers credited stronger operating performance, portfolio reconstitution and asset enhancement initiatives at Asia Pacific’s biggest lodging REIT.
CLAS’s… Read More>>
Mainland venture investor Mike Cai Wensheng is taking advantage of bargain prices for Hong Kong assets with the billionaire co-founder of selfie app Meitu picking up his second Hong Kong commercial property in three months at a fraction of its… Read More>>
The Canada Pension Plan Investment Board has agreed to sell its 49 percent stake in an India mall joint venture to its partner in the platform, Mumbai-based developer Phoenix Mills, in a deal valued at INR 54.5 billion ($630 million).
Singapore’s GIC saw its inflation-adjusted investment performance slip to the lowest level since 2020 during the 12 months to the end of March, with a report by the sovereign wealth fund showing its annualised real rate of return over the… Read More>>
Link Real Estate Partners, the private funds arm of Hong Kong’s Link Asset Management, has agreed to acquire an under-development western Sydney logistics project, with market sources confirming a deal value of A$121.5 million ($80.4 million).
The four-warehouse project with… Read More>>
Australian build-to-rent platform Novus has tapped Japan’s Kanden Realty & Development to invest in a 190-unit BTR project in Melbourne, with the partners seeking to add much-needed supply to the local apartment market.
The 19-storey project, called Novus on Spencer,… Read More>>
Four years of owning a floor in The Center, an office tower on Hong Kong’s Queen’s Road, has cost local investment firm Gale Well Group HK$343 million ($43.7 million), as commercial property values in the Asian financial hub remain in… Read More>>
