Asia Pacific real estate investment news and information
ESR has established its largest-ever onshore income fund in China, launching with a total investment capacity of RMB 10 billion ($1.4 billion).
The Hong Kong-listed industrial giant is partnering with one of China’s leading insurance firms on the fund, which… Read More>>
Longfor Group Holdings said its first-half core profit rose 0.6 percent year-on-year to RMB 6.6 billion ($910 million), as one of China’s biggest developers escaped the first half with a profit, thanks to a strong first quarter.
While revenue fell… Read More>>
Industrial giant ESR has begun construction of a warehouse complex northwest of Osaka, billing the project as Japan’s largest-ever logistics park with a planned gross floor area of 750,000 square metres (8 million square feet).
Located 30 minutes from Osaka… Read More>>
China Evergrande Group said on Wednesday that it is facing a probe by China’s securities watchdog on alleged violations of rules regarding disclosure of financial information, with the embattled property developer later that day saying it will delay a scheduled… Read More>>
CapitaLand Ascendas REIT has completed the acquisition of a co-location data centre northwest of London for £125.1 million ($159.6 million), marking the Singapore-listed trust’s fifth server-hosting facility in the United Kingdom.
The purchase consideration took into account an agreed value… Read More>>
Chinese developer Country Garden appears headed for a full-scale restructuring after announcing Wednesday that “significant uncertainties” exist regarding the settlement of onshore bonds with an issued amount in excess of RMB 14.6 billion ($2 billion).
The lion’s share of the… Read More>>
After contracting by more than 420,000 square feet (39,000 square metres) in the first half of 2023, Hong Kong’s office market may be about to see its biggest lease of the year, with ICBC said to be preparing to sign… Read More>>
Investment in income-producing properties in Asia Pacific fell 40 percent year-on-year to $31.7 billion in the second quarter of 2023, weighed down by China’s economic slump and a lack of big-ticket office deals, according to MSCI Real Assets.
Office acquisitions… Read More>>
Rents and prices in Singapore’s industrial property market rose for an 11th consecutive quarter during the April-June period despite softness in trade indicators, according to Colliers.
The rental index climbed 2.1 percent, decelerating from a 2.8 percent increase in the… Read More>>
Sales of new private homes in Singapore jumped by 408 percent to 1,412 units in July from just 278 condos sold in June after developers launched 2,500 new homes during the month.
The latest figure, which excludes subsidised housing and… Read More>>
