Keppel REIT continues to ramp up its presence Down Under with the Singapore-listed trust now in talks to buy into an office tower near Sydney’s Circular Quay owned by a Mirvac fund, according to market sources.
Keppel REIT is in… Read More>>
Asia Pacific real estate investment news and information

Keppel REIT continues to ramp up its presence Down Under with the Singapore-listed trust now in talks to buy into an office tower near Sydney’s Circular Quay owned by a Mirvac fund, according to market sources.
Keppel REIT is in… Read More>>

Brookfield India Real Estate Trust (BIRET) saw its net operating income for the fourth quarter jump by 89 percent from the same period a year earlier to reach INR 45.3 billion ($550 million) on record levels of new leasing.
BIRET… Read More>>

Developer Tokyu Land Corporation is selling a stake in a set of central Tokyo office floors for over JPY 100 billion ($673 million), as office rents in the Japanese capital continue to rise despite worries over an influx of new… Read More>>

Mitsubishi Estate is selling a stake in a Tokyo office building to a TSE-listed REIT sponsored by the Japanese property giant for JPY 19.8 billion ($132 million).
Japan Real Estate Investment Corporation informed the Tokyo bourse on Tuesday that it… Read More>>

Mitsubishi Estate posted a 24.6 percent year-on-year decline in attributable profit to JPY 77.5 billion ($520 million) for the fiscal nine months to December as the absence of large capital gains ate into earnings.
Despite a 2.2 percent rise in… Read More>>

Daiwa House Industry reported a net profit for the fiscal nine months to December of JPY 216.2 billion ($1.5 billion), up 30.1 percent year-on-year, as the Japanese developer’s net sales reached a record high.
The blowout earnings were due in… Read More>>

One of Asia’s biggest retail landlords has been doing some pre-New Year shopping in China’s discounted property market, with Link REIT announcing on Friday that it has agreed to buy out China Vanke’s stake in a Shanghai mall to take… Read More>>

Former BlackRock real estate boss Anne Valentine Andrews will join Manulife Investment Management next month as global head of private markets, the Canadian firm announced this week.
Valentine Andrews will lead all investment teams and direct the overall strategy, business… Read More>>

Singaporean developer Oxley Holdings posted a fiscal first-half loss attributable to shareholders of S$1.1 million, reversing a year-earlier profit of S$300,000, as revenue plunged 63 percent year-on-year to S$164.4 million ($122 million).
The reduced revenue haul in the six months… Read More>>

KKR’s TSE-listed REIT is making its 12th apartment purchase in less than one year as its manager announced on Wednesday the acquisition of four Tokyo rental residential assets for JPY 9.5 billion ($64 million) from a subsidiary of Daiwa House.