Asia Pacific real estate investment news and information
Robert Kuok’s Allgreen Properties has completed its S$550 million ($410 million) purchase of the Seletar Mall in northeastern Singapore from a joint venture of Cuscaden Peak and United Engineers Ltd (UEL), the companies announced Thursday.
Allgreen, the Singapore property development… Read More>>
More than five years after announcing a $650 million plan to redevelop the former Excelsior Hotel into a commercial project set to ride a boom in demand, Hong Kong’s Mandarin Oriental Hotel Group recently announced preparations to begin leasing the… Read More>>
Digital Core REIT will exercise its option to acquire a further 24.9 percent interest in a Frankfurt data centre from its sponsor, US server-hosting giant Digital Realty, for €117 million ($128.7 million), bringing the Singapore-listed trust’s stake in the German… Read More>>
Asia Pacific self-storage operator StorHub Group on Thursday announced its expansion into Australia, with the Warburg Pincus-backed company touting $300 million in equity commitments to support the Down Under business unit.
The Aussie platform is seeded with five assets in… Read More>>
Japanese investors more than doubled their overseas acquisitions of real estate in Asia Pacific last year to spend $2.24 billion on income-earning properties around the region, at the same time that most other players were stepping back.
After spending a… Read More>>
A joint venture of Mitsubishi Corporation and Digital Realty has opened a second data centre at the NRT campus in Chiba prefecture, growing the partnership’s portfolio to three facilities in Greater Tokyo and seven overall in Japan.
The new 34-megawatt… Read More>>
Springtime in Paris may be a few weeks away, but hospitality deals continue to bloom as South Korea’s Sono International has become the latest Asian investor to acquire a hotel in the City of Light with a €120 million ($130.2… Read More>>
An entity linked to Singapore-based data centre developer and operator BDx has acquired an industrial building that houses the company’s sole data centre in the city-state from Hwa Hong Corp for an estimated S$140 million ($104 million).
After operating a… Read More>>
Mitsui Fudosan has made its first foray into American warehouses with the Japanese real estate giant announcing investments in a pair of California logistics projects through an existing partnership with US developer Tishman Speyer.
Japan’s largest developer said on Monday… Read More>>
Mitsubishi Corporation will take its partnership with Digital Realty beyond Japanese shores, with the companies announcing a fresh joint venture to support development of two data centres in northern Texas at an investment cost that could reach $800 million.
The… Read More>>
