Asia Pacific real estate investment news and information
Mitsubishi Estate is selling stakes in an office building and a WeWork-occupied mixed-use tower in Tokyo for a total of JPY 32 billion ($239 million), transferring the assets to a listed REIT sponsored by the Japanese real estate giant.
Under… Read More>>
Hong Kong private equity shop Gaw Capital Partners has teamed up with a Singapore-based real estate specialist for a new venture that will invest in greenfield and underperforming data centre assets across Southeast Asia, starting with a 12-megawatt facility to… Read More>>
Rushabh Desai, former Asia Pacific CEO of Allianz Real Estate, has joined forces with Stephen Gaitanos and Craig Carracher, the co-founders of rental housing developer Scape Australia, to launch Varsity Group Asia, a fund management business targeting high-growth alternative real… Read More>>
Google is surrendering a portion of its premises in Singapore’s Alexandra Technopark, the manager of the listed REIT that owns the property announced, as the California-based search giant shrinks its global office footprint.
Google Asia Pacific has exercised its contractual… Read More>>
One day after revealing a new China-focused data centre fund, Singapore’s CapitaLand Investment has announced the launch of a special situations strategy for China with a total of S$1.1 billion ($820 million) in committed equity.
The CapitaLand China Opportunistic Partners… Read More>>
Singapore’s GIC and US private equity firm Centerbridge Partners have agreed to take NASDAQ-listed INDUS Realty Trust private in a sweetened deal that values the American industrial REIT at $868 million.
Indus has entered into a definitive merger agreement under… Read More>>
US developer and fund manager Hines has opened an office in New Zealand, marking the company’s 11th Asia Pacific office location and seventh country since establishing a presence in the region in 1996.
To represent Hines in New Zealand, the… Read More>>
A few months after the fraud arrest of his wife in Ho Chi Minh City, local businessman Eric Chu Nap-Kee has sold a commercial and residential site on Hong Kong island at the heavily discounted price of HK$435 million ($55.46… Read More>>
Singapore’s CapitaLand Investment has established a China data centre development fund with plans to invest in two Greater Beijing hyperscale projects that are seen adding S$1 billion ($750 million) to the firm’s funds under management upon completion.
The equity committed… Read More>>
Hong Kong’s finance chief delivered the city’s budget in a speech on Wednesday, with the planning document introducing tax cuts for first-time buyers of small homes as the government tries to jump-start sales in the world’s least affordable housing market.
