Asia Pacific real estate investment news and information
Chinese regulators said they will allow the creation of real estate private equity funds under a pilot programme to boost developer financing, as the government continues to roll out measures to stabilize the country’s flagging property sector.
The new scheme,… Read More>>
The family of Hong Kong’s late “Shop King” Tang Shing-bor has sold a serviced apartment building in Kowloon for HK$88 million ($11.22 million), according to market sources, as the group continues to liquidate assets at steep discounts in the face… Read More>>
Singaporean real estate firm Hiap Hoe announced that the attempted collective sale of Orchard Towers has failed, a year after owners of units in the notorious entertainment and office complex put the property on the market with a reserve price… Read More>>
A data centre joint venture between Mitsubishi Corporation and Digital Realty has opened a fourth building at its Osaka campus, with the latest phase offering up to 21 megawatts of IT capacity.
The addition of the new facility, dubbed KIX13,… Read More>>
Heitman exited a self-storage joint venture in Singapore with the sale of Mandarin Self Storage to Warburg Pincus-backed StorHub late last year for an estimated S$230 million ($172.2 million), Mingtiandi has learned.
The sale came after the Chicago-based… Read More>>
Henderson Land Development’s vision for the waterfront of Hong Kong’s Central district is one step closer to reality with the city’s Town Planning Board approving the developer’s designs for a HK$73 billion ($9.3 billion) commercial project.
The design… Read More>>
Kerry Properties won a residential site in Hong Kong’s New Territories for HK$1.44 billion ($180 million) to record the city’s first successful government land sale this year.
The HKEX-listed developer, through its subsidiary Wealthy Guide Ltd, has been awarded the… Read More>>
China Aoyuan Group has agreed to sell a 29.9 percent stake in its property management unit for HK$256 million ($32.6 million), as the Guangzhou-based developer continues to unload assets after defaulting on $1.09 billion in offshore debt last year.
Aoyuan… Read More>>
After two deadline extensions, Gordon and Celine Tang have hit the magic number in their take-private bid for Singapore-listed Chip Eng Seng, with the mainland money managers securing acceptances from more than 90 percent of the builder’s shareholders by the… Read More>>
New home prices in mainland China rose for the first time last month since January 2022, as the loosening of COVID restrictions and the launch of supportive policies helped stabilise demand in the country’s struggling housing market.
January’s 0.1 percent… Read More>>
