Asia Pacific real estate investment news and information
Temasek Holdings-backed ST Telemedia Global Data Centres has completed the sale of a 40 percent stake in its UK-based Virtus subsidiary to Macquarie Asset Management.
The investment by the Australian fund manager will enable the digital infrastructure arm of Singapore’s… Read More>>
Colliers on Tuesday announced the promotion of Bastiaan van Beijsterveldt to the role of managing director for Singapore, as the property services firm continues to refresh its Asia-based leadership.
Van Beijsterveldt moves from his previous position of executive director and… Read More>>
Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics market weighed on local third-party logistics (3PL) operators, while sales of stratified industrial space plunged 66 percent during the quarter,… Read More>>
Chinese mall landlord Dasin Retail Trust has tapped a financial advisor to conduct an independent business review as the SGX-listed real estate investment trust asks lenders for an additional extension on repayment of debt worth as much as $564 million.
In a much-awaited move, China lifted COVID-driven travel restrictions on its citizens on Sunday, with property analysts in Singapore expecting the move to help prop up home sales in the city-state this year as mainlanders turn to the city’s safe… Read More>>
Gordon Tang has sold a 1.02 percent interest in Singapore-listed OUE Commercial REIT to his mother and son, as the mainland billionaire and wife Celine continue to build their stake in developer Chip Eng Seng in a bid to take… Read More>>
Mitsui Fudosan Co. is selling portions of two Tokyo office towers to Nippon Building Fund, a REIT sponsored by the Japanese real estate giant, for a total of JPY 47 billion ($352 million), as quality office assets in Japan’s capital… Read More>>
The new year brings fresh asset disposals by troubled Chinese conglomerate Fosun International, which has agreed to sell its entire interest in four industrial companies controlled by steel magnate Zhang Zhixiang for a total of RMB 6.7 billion ($980 million).
The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group for INR 1.3 billion ($16 million), as the Korean asset manager looks for returns in the subcontinent’s real estate sector, according… Read More>>
CapitaLand today announced the largest expansion yet of its renminbi fund management business with the acquisition of a Tishman Speyer office complex in Shanghai at a value of RMB 7.6 billion ($1.1 billion).
CapitaLand Investment’s (CLI) China Business Park Core… Read More>>
