Asia Pacific real estate investment news and information
Singapore’s Urban Redevelopment Authority on Thursday released three residential sites under the Government Land Sales programme, as the campaign to replenish the city-state’s housing supply kicks into high gear.
The sites at Dairy Farm Walk and Tengah Garden Avenue in… Read More>>
Despite rising vacancy and oversupply in the broader Japanese and Korean logistics property markets, investors are securing attractive returns from quality assets in desirable locations within the two North Asian economies, according to senior executives from ESR, Qube Industrial… Read More>>
A data centre unit of tech giant Microsoft has agreed to acquire a development site in Malaysia for MYR 402.3 million ($85.5 million).
The land’s seller, Kuala Lumpur-based developer EcoWorld, announced the all-cash deal this week in a stock filing…. Read More>>
US investment manager Nuveen on Thursday announced William Huffman as its new chief executive officer, replacing Jose Minaya.
A 16-year Nuveen veteran, Huffman has served most recently as president of Nuveen Asset Management as well as head of equities and… Read More>>
UEM Sunrise has agreed to sell two parcels of land in Johor state to a “global data centre player” for MYR 144.9 million ($30.7 million), the Malaysian developer said Tuesday.
Located in Iskandar Puteri’s East Ledang township west of Johor… Read More>>
Land and construction prices in China are dropping at the same time that the evolution of the country’s e-commerce market is continuing to drive demand for warehouse space and a developing REIT sector is attracting more capital, according to… Read More>>
A top mainland regulator dismissed statements of defence provided by China Evergrande’s founder and former chairman, Xu Jiayin, and other executives penalised for their role in financial fraud and disclosure lapses at the bankrupt developer.
In a document dated 21… Read More>>
A joint venture between an affiliate of Starwood Capital and Sydney-based Arrow Capital Partners has divested a portfolio of seven logistics properties near Sydney and Melbourne for A$166.8 million ($110 million), after average prime net face rents of Australian industrial… Read More>>
Fosun Hive Capital Management has set up a joint venture with sister firm Idera Capital Management for the forward purchase of a cold storage logistics project in Greater Osaka.
The investment is the first in a pipeline of Osaka and… Read More>>
Cash-strapped mainland developer Sino-Ocean has agreed to sell its entire 64.79 percent stake in a commercial project in Beijing’s Chaoyang district to joint venture partner Swire Properties and a vehicle of China Life Insurance for RMB 4 billion ($552 million),… Read More>>
