Asia Pacific real estate investment news and information
Abu Dhabi’s Mubadala Investment Company is teaming with executives of Fortress Investment Group in a takeover of the US fund manager, having agreed to acquire the 90.01 percent stake in Fortress currently held by Japanese venture investor SoftBank.
“Fortress is… Read More>>
Frasers Hospitality is tying up with Tishman Speyer and Tokyo-based Alyssa Partners to enter Asia’s rental residential sector through separate joint ventures in China and Japan involving S$170 million ($126.4 million) in build-to-rent homes.
The pair of deals will give… Read More>>
South Korea’s warehouse market is headed for a challenging year amid a surge in supply and slowing rent… Read More>>
ESR’s M&A growth propelled the Hong Kong-listed firm ahead of arch-rival GLP Capital Partners to claim the top spot in assets under management for Asia Pacific non-listed real estate strategies in 2022, according to data compiled by a group of… Read More>>
Singapore sovereign wealth fund GIC has formed a 50:50 joint venture with Brookfield India REIT to buy two commercial assets held by funds managed by the latter’s sponsor, Brookfield Asset Management, with a combined enterprise value of $1.4 billion.
The… Read More>>
Developers launched nearly 1.9 million square metres (20 million square feet) of new warehouse space onto the Korean market in the first quarter – setting a new record. However, rents have continued to hold steady as tenants leased four times… Read More>>
Rush Desai is adding some senior talent to his team at Varsity Group Asia Pacific in Singapore, with the company announcing late last week that it has hired former MSCI executive Varun Malik as director of business development.
“Varun will… Read More>>
Hongkong Land’s underlying profit fell in the first quarter of 2023, from year-earlier levels, as fewer sales completions in mainland China reduced its development income.
The contribution from investment properties was marginally above that of last year’s same period, with… Read More>>
Singapore’s ST Telemedia Global Data Centers (STT GDC) and Philippine conglomerate Ayala Group are investing as much as $1 billion to develop a 124-megawatt data centre campus in Metro Manila, marking the latest move by a regional data centre… Read More>>
Tokyo-listed GLP J-REIT plans to acquire three warehouses across Japan and a partial stake in a fourth shed for a total consideration of JPY 58.2 billion ($420 million), with the bulk of the amount to be financed by the issuance… Read More>>
