Asia Pacific real estate investment news and information
GIC has joined forces with US private equity firm Centerbridge Partners on a proposed takeover of Indus Realty Trust, chalking up the Singapore sovereign wealth fund’s third pitch to buy out a North American REIT since September.
Under the terms… Read More>>
Henderson Land Development has submitted a design plan for its Site 3 harbourfront development in Hong Kong’s Central district, according to an application by the builder to the Town Planning Board, with the project expected to be worth as much… Read More>>
An APAC player is having a go at building a WeWork-style empire, with newcomer Flexi Group announcing its consolidation of three regional operators to create what it bills as Asia Pacific’s largest operator of flexible workspaces.
The startup led by… Read More>>
Asia Pacific real estate investment fell 29 percent year-on-year in the third quarter as cautious investors fretted over rapid currency depreciation against the dollar and the rising cost of debt, a report said this past week.
JLL’s Asia Pacific Capital… Read More>>
A project once destined to become home base for China Evergrande Group in Shenzhen has been sold to a buyout group organised by the local government for RMB 7.54 billion ($1.05 billion) as the mainland builder continues to be stripped… Read More>>
Singapore’s red-hot housing market is extending its reach even to far-flung Tengah Town, as an executive condominium by City Developments Ltd has sold out just one month after the project’s launch in the western planning area.
All of the remaining… Read More>>
Mainland billionaire couple Celine and Gordon Tang are moving to further consolidate control over their Singapore property empire by taking developer Chip Eng Seng private in an all-cash buyout offer that values the company at S$565 million ($411 million).
The… Read More>>
GLP on Friday announced the final closing of the seventh fund in the warehouse specialist’s China income fund series with RMB 5.4 billion ($743 million) in assets under management, coming less than a month after the final closing of the… Read More>>
Embattled developer China Evergrande is seeking a review of a decision by Wuhan officials to reclaim from the developer 11 plots of land designated for a tourism-focused residential project.
The 11 undeveloped parcels taken back by the government have a… Read More>>
Singapore-listed Manulife US Real Estate Investment Trust (REIT) has appointed a financial adviser to conduct a strategic review after reporting disappointing third quarter results.
Citigroup Global Markets Singapore will “undertake a review of a variety of options available to Manulife… Read More>>
