Asia Pacific real estate investment news and information
LHN Group’s Coliwoo co-living unit has formed a S$48 million ($35.6 million) joint venture with the boss of local builder Oxley and his son to acquire a building in central Singapore’s museum district.
The four-storey building known as Wilmer Place… Read More>>
SRE Group has agreed to sell its entire 51 percent interest in a Shanghai residential and commercial project for RMB 3.41 billion ($470 million) after putting the ownership stake up for bid nearly four years ago.
The transaction will put… Read More>>
Just two weeks after announcing a partnership to invest in Korean rental homes, Weave Living and KKR have acquired their first asset under the joint venture, according to a statement on Tuesday.
The rental housing operator and investor, along with… Read More>>
Singapore’s NTUC Enterprise is continuing the sell-down of its property holdings with a deal to dispose of an office building near Dhoby Ghaut MRT interchange for S$147 million ($109 million), according to sources familiar with the transaction who spoke with… Read More>>
Activist investor Quarz Capital, which last year helped persuade investors in SGX-listed Sabana REIT to internalise the trust’s manager, now admits that the cost savings estimates it used to sell that campaign to investors were “incorrect and an error”.
Having… Read More>>
The Cheng family of Hong Kong’s New World Development and Chow Tai Fook jewelry stores has succeeded in ousting the chief executive and chairman of Giordano International, pushing through new leadership for the fashion retailer at a special general meeting… Read More>>
A real estate affiliate of Japan’s Sumitomo Corporation has formed a wood-themed A$1.2 billion ($790 million) joint venture with Brisbane property firm Cedar Pacific to develop rental housing in Australia as Japanese companies deepen their involvement in the country’s residential… Read More>>
The Land of the Rising Sun continues to climb in the estimation of overseas fund managers, with Fiera Capital becoming the latest to extend its reach with the appointment of CJ Morrell as head of Japan.
Morrell’s newly created role… Read More>>
Country Garden Services Holdings on Wednesday announced the resignation of an executive director and the cancellation of the company’s 2020-era share option scheme.
The property management arm of troubled Chinese developer Country Garden said Guo Zhanjun stepped down with immediate… Read More>>
A joint venture between City Developments Ltd and Japan’s MItsui Fudosan placed the sole bid for a site in Singapore’s posh District 10, positioning the partners to develop a mixed residential and commercial project which includes the city-state’s first land… Read More>>
