Asia real estate and outbound investment news
Just one year after CapitaLand began its S$11 billion acquisition of Ascendas-Singbridge, Southeast Asia’s largest real estate group has proposed to merge a pair of commercial real estate investment trusts in a S$8.27 billion ($6.13 billion) cash-and-stock deal.
In a… Read More>>
Global money managers are bullish on Asia Pacific real estate as they develop a keener appetite for risk, according to a new survey which finds that 77.5 percent of institutional investors plan to boost their allocation to the region’s property… Read More>>
London-based Nuveen Real Estate announced today that it had teamed up with Japanese asset manager Kenedix to purchase seven Tokyo apartment blocks for $224 million, according to a joint announcement by the companies.
The purchase of the multifamily assets in… Read More>>
Troubled mainland casino builder Landing International Development has been reshuffling its board this month, with an executive director having exited the company, and a non-executive director having been added to the developer’s top decision making body.
The board… Read More>>
Less than two months after purchasing a West Kowloon project for HK$42.23 ($5.4 billion) Sun Hung Kai Properties is reported to have found a partner to join in building the largest commercial tower on the peninsula.
Ping An Real Estate… Read More>>
Developer SRE Group Ltd informed the Hong Kong stock exchange today that its chairman, Peng Xinkuang was temporarily unable to perform his duties after having been detained by police in mainland China.
The real estate development subsidiary of financially troubled… Read More>>
Korea’s NH Investment & Securities has taken a step toward acquiring one of Seoul’s largest office projects, after being selected as the preferred bidder for Tower 2 of the city’s Parc 1 complex, according to sources familiar with the project… Read More>>
Singapore’s Temasek Holdings, together with Shanghai-based investment manager Trustbridge Partners, has offered to buy up a majority stake in the China operations of troubled flexible office operator Wework, according to a report by Reuters today.
The Singapore government fund and… Read More>>
Shanghai-based industrial developer New Ease acquired a new partner today as the company chaired by ESR co-founder Sun Dongping announced a joint venture with fund manager Actis.
Warburg Pincus-backed New Ease, together with the UK emerging markets specialist, plan to… Read More>>
Shimao Property this week announced a new joint venture that will add 70 projects to the Hong Kong-listed developer’s pipeline.
At a press conference on Monday jointly organised with Fuzhou-based Fusheng Group, the two companies announced that they had established… Read More>>
