Former CapitaLand China and Hopson Development boss Lucas Loh Jen Yuh has joined the region’s ‘China Plus One’ wave with a new role with a Ho Chi Minh City-based township developer, according to an announcement this week.
Loh, who spent… Read More>>
Asia Pacific real estate investment news and information

Former CapitaLand China and Hopson Development boss Lucas Loh Jen Yuh has joined the region’s ‘China Plus One’ wave with a new role with a Ho Chi Minh City-based township developer, according to an announcement this week.
Loh, who spent… Read More>>

The manager of mainland mall REIT Dasin Retail Trust has received a sixth debt collection notice in five weeks from former officers of the company or their associates as its erstwhile management joins bondholders in pursuing repayment from the manager… Read More>>

Regional developer Hongkong Land reported an attributable loss of $582 million for 2023, reversing a year-earlier profit of $203 million, as valuations continued to decline in the group’s hometown office portfolio.
Underlying profit, which ignores the fair-value change of investment… Read More>>

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>>