Asia Pacific real estate investment news and information
As investors continue to grapple with inflation, M&G Real Estate is redoubling its commitment to logistics and rental residential opportunities in Asia Pacific to generate strong and stable returns, its regional research head told Mingtiandi.
Asia Pacific real estate remains… Read More>>
Singapore-listed CapitaLand Ascott Trust plans to buy a pair of hotels in Europe and a serviced apartment building in Southeast Asia for a total of S$357.8 million ($267.5 million) as it moves to profit from a global travel rebound.
The… Read More>>
The Urban Land Institute has named new leadership for its Asia Pacific operation with the industry non-profit on Wednesday announcing Alan Beebe as its chief executive officer for the region.
Beebe, who had served until early last year as president… Read More>>
Two years after buying an industrial asset in Hong Kong’s Kwai Chung district as its first major acquisition in the city, ESR has secured a HK$1.6 billion ($205 million) sustainability-linked loan to finance conversion of the former cold storage facility… Read More>>
Hong Kong’s sliding office market is pushing the city’s best known commercial landlord into the red, as Hongkong Land late last week declared a loss attributable to shareholders for the first six months of 2023 of $333 million.
The owner… Read More>>
Investors drove shares in Country Garden Holdings down by as much as 11 percent on Tuesday after the company confirmed the cancellation of a share sale aimed at bringing in a reported HK$2.34 billion ($300 million) in cash.
“The Company… Read More>>
Rising interest rates are denting the returns of some of Singapore’s biggest landlords, with CapitaLand Integrated Commercial Trust (CICT) achieving a 1.7 percent uptick in distributable income for the first half of the year as higher financing costs wiped out… Read More>>
Less than two weeks after its head of Asia real estate Jeffrey Perlman was promoted to president of its global business, investment firm Warburg Pincus has named new leadership for its property division in the region, promoting a company veteran… Read More>>
With the release of consumer-ready AI tools like ChatGPT and Google’s Bard making powerful labour-saving tech available as never before, a study released by Bloomberg last month estimated that the market for generative artificial intelligence will grow to $1.3 trillion… Read More>>
Developer Wing Tai Holdings is backing out of a deal to acquire a residential project in Singapore’s Holland Village area, saying that conditions for completion of the deal signed by its Wincove unit in March had not been met.
“The… Read More>>
