Sales of Hong Kong office space are on the way up, but at prices well below pre-COVID rates, as members of one of the city’s richest families recently picked up a pair of floors in Central at around 20 percent… Read More>>
Australia is set to begin opening its borders on 1 November and the prospect of international travel has the potential to spark fresh levels of interest in office markets which have already recorded megadeals this year, such as Korea’s NPS… Read More>>
ARA Dunedin has announced its second UK industrial transaction within 10 days, as the London-based unit of Singapore’s ARA Asset Management today unveiled a joint venture with Switzerland’s Partners Group aimed at profiting from a shortage of logistics space in… Read More>>
ESR has reached a first closing on $750 million in equity for a new core logistics fund targeting Japan, including commitments from the real estate division of France’s AXA Investment Managers, a sovereign fund reported to be Singapore’s GIC and… Read More>>
A residential project in a toney section of Hong Kong island’s Happy Valley has sold for HK$1.24 billion ($159.4 million) following a rise in residential rents in the area, fueled by a healthy IPO pipeline and hopes for economic recovery… Read More>>
Thanks to support from some old friends, GLP has raised the largest-ever private fund targetting Japanese real estate, as the warehouse specialist closes on JPY 311 billion ($2.72 billion) for its GLP Japan Development Partners IV vehicle.
The fund manager… Read More>>
PGIM Real Estate is set to make its first Asia Pacific data centre investment after teaming up with Equinix to form a $575 million joint venture that will expand the network infrastructure giant’s hyperscale footprint into Australia.
The property fund… Read More>>
Asia’s urban centres are coming back to life after more than 18 months of restrictions, lockdowns and work from home experiences, but as workforces re-congregate, many are forming new concepts of the workplace, which present challenges for developers, investors and… Read More>>
China’s ongoing credit crunch dominates the real estate news today as developer Sinic Holdings Group has become the latest mainland builder to default on offshore bonds.
The debt contagion may have also spread to Shanghai-based Shimao Group, which sent its… Read More>>
The COVID-19 pandemic is still throwing curveballs at Asian economies, but the region’s office markets have weathered the crisis and are set for easier times, according to experts from Allianz Real Estate, KKR, Gaw Capital Partners and Colliers International… Read More>>