Luxury travel retailer DFS Group has agreed to sell its Greater China business to China Tourism Group Duty Free for not more than $395 million as the LVMH unit continues to downsize.
CTG Duty Free, which is listed on both… Read More>>
Asia Pacific real estate investment news and information

Luxury travel retailer DFS Group has agreed to sell its Greater China business to China Tourism Group Duty Free for not more than $395 million as the LVMH unit continues to downsize.
CTG Duty Free, which is listed on both… Read More>>

Digital Realty has agreed to buy a data centre in the Cyberjaya tech city near Kuala Lumpur, marking the US giant’s entry into Malaysia.
TelcoHub 1 is an operational 1.5-megawatt facility with adjacent land that can support a further 14MW… Read More>>

Australian pension fund Aware Super has agreed to invest $300 million in the joint venture led by DigitalBridge that indirectly owns the Asia Pacific platform of Vantage Data Centers.
Aware Super’s acquisition of a minority stake in the JV will… Read More>>

A pair of villas in Hong Kong Island’s Deep Water Bay have sold for about 44 percent below the 2022 price for homes in the luxury project as buyers continue to scoop up bargains in the city’s high-end housing market.

JD Logistics is proposing to privatise Deppon Logistics by the shares it does not yet own in the Chinese shipping company from minority shareholders at a 35 percent premium, as the logistics arm of Chinese e-commerce giant JD.com seeks to… Read More>>

Logicap Management, an industrial specialist backed by Singapore-based Rava Partners, has received an investment in two of the platform’s India logistics properties from Japanese developer Hulic, the companies said Thursday.
Logicap and Hulic set up a joint venture comprising stabilised… Read More>>

The government of Thailand on Thursday approved seven digital infrastructure projects representing a total investment of more than $3.1 billion, including a development of SC Capital Partners’ SC Zeus Data Centers.
The planned facilities will have a combined IT load… Read More>>

Private equity giant KKR has completed $2.5 billion in fundraising for strategies focused on privately originated, performing credit investments in Asia Pacific.
The committed capital includes $1.8 billion for Asia Credit Opportunities Fund II and $700 million raised from separately… Read More>>

Singapore’s Housing and Development Board on Wednesday awarded a residential and commercial site to a consortium of UOL and CapitaLand affiliates after they made the top bid of S$1.5 billion ($1.1 billion) for the plot in the city-state’s northeast.
The… Read More>>

CapitaLand Integrated Commercial Trust has agreed to sell a northwestern Singapore mall for S$428 million ($332.4 million), with market sources confirming US developer and fund manager Hines as the buyer.
The largest REIT on the Singapore Exchange is divesting its… Read More>>