Growth in Grade A office rents in downtown Singapore is expected to taper to 2 percent next year from 2023 levels amid a surge in new supply, according to Cushman & Wakefield.
After rising 6.5 percent in 2022 and an… Read More>>
Asia Pacific real estate investment news and information

Growth in Grade A office rents in downtown Singapore is expected to taper to 2 percent next year from 2023 levels amid a surge in new supply, according to Cushman & Wakefield.
After rising 6.5 percent in 2022 and an… Read More>>

Warehouse rents in Hong Kong declined 0.5 percent year-on-year in the third quarter of 2023 as logistics demand continued to diminish and warehouse tenants refrained from actively seeking expansion opportunities, according to Savills.
The Asian finance hub’s logistics sector has… Read More>>

After acquiring Japanese properties with some of the largest investors from Europe and North America, investment manager Alyssa Partners has teamed up with Japan’s third largest insurer to buy a portfolio of Japanese rental apartments with market sources indicating the… Read More>>

Hong Kong’s Lands Department on Wednesday awarded a residential development site on Lantau Island to Sino Land for HK$203.9 million ($26.1 million), defying expectations that the tender might be withdrawn.
The builder controlled by tycoon Robert Ng was the sole… Read More>>

A Texas retirement fund for city employees has given its top investment job to Yup Kim, who is leaving his role as head of private equity investments at CalPERS, America’s biggest state pension fund.
Kim is set to join the… Read More>>

Vietnamese developer BW Industrial has broken ground on its 10th project this year, and its third development joint venture with industrial giant ESR, with the two companies joining forces to build a new facility in Haiphong.
Together with its Hong… Read More>>

CapitaLand Ascendas REIT (CLAR) is in the process of selling a set of three suburban logistics assets in Brisbane to Sydney-based investment house AsheMorgan for a total of A$73 million ($49.3 million).
The REIT’s manager on Wednesday entered into a… Read More>>

Tokyo-based developer Unified Industrial has started construction on the second phase of a warehouse project in Shiga prefecture northeast of Osaka, aiming to support the e-commerce sector with the site’s connectivity to Greater Nagoya and Kyoto.
The developer backed… Read More>>

Asia’s largest real estate investment trust has replenished its investment leadership with Hong Kong-listed Link REIT announcing today that it has hired former BlackRock Asia Pacific real estate boss John Saunders as group chief investment officer — a newly created… Read More>>

Blackstone on Wednesday sold its remaining stake in India’s pioneering Embassy Office Parks REIT for around INR 71 billion ($853.5 million) via block sales on Indian stock exchanges, according to local media reports.
Affiliates of Blackstone exited the listed trust… Read More>>