Asia Pacific real estate investment news and information
CapitaLand Ascott Trust has sold a serviced apartment block in Japan’s ancient capital of Kyoto to Hilton’s vacation-home brand for JPY 6.2 billion ($42 million).
The 124-unit Citadines Karasuma-Gojo Kyoto was divested at 40.1 percent above its book value and… Read More>>
Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 billion, the parties announced Tuesday.
The consideration for GLP Capital Partners’ business in Japan, Vietnam, Europe, the US and Brazil comprises $1.8 billion… Read More>>
With last month’s record $16.1 billion acquisition of Australia’s AirTrunk by Blackstone and the Canada Pension Plan Investment Board ranking as the biggest data centre transaction to date, the world’s largest investors are jockeying to get on top of… Read More>>
A joint venture of US property giant Hines and Australian fund manager Haben has agreed to acquire a western Sydney mall from the Queensland Investment Corporation for A$900 million ($605 million).
The sale of Westpoint Shopping Centre represents the largest-ever… Read More>>
US hyperscale operator Vantage Data Centers has hired Jeremy Deutsch, a 23-year veteran of server-hosting giant Equinix, as the company’s Asia Pacific president.
The new role will see Deutsch tasked with driving regional growth, including strategy, market development, sales, construction… Read More>>
Speakers from Nuveen, STT Global Data Centres, Baker McKenzie and Yardi will take on the opportunities and challenges of Asia’s hyperscale market as Mingtiandi’s fifth annual data centre forum begins on Tuesday.
With data centre operators having brought on line… Read More>>
Mainland property investor Lin Tsz-Fung is marketing a commercial building in Hong Kong’s Causeway Bay area at less than half of what he was seeking for the property six years ago.
Lin, a co-founder of HKEX-listed retailer Best Mart 360… Read More>>
A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to Samsung SRA Asset Management for KRW 1.1 trillion ($820 million).
The disposal of The Asset Gangnam by Kocref 43 REIT… Read More>>
ESR and Swiss private equity firm Partners Group have sold a last-mile logistics estate in Australia’s Gold Coast to Brisbane-based developer Shayher Group, with the disposal marking HKEX-listed ESR’s fourth Aussie logistics transaction in four months.
Shayher, the local affiliate… Read More>>
Singapore’s Invictus Developments has entered Japan with the acquisition of the Lyf Ginza Tokyo hotel, after the country logged $2.6 billion of hotel transactions in the first half of the year, representing a 64 percent year-on-year increase, according to JLL.
