Asia Pacific real estate investment news and information
BDx Indonesia has announced plans to develop a 100-megawatt data centre campus near Jakarta as the operator’s fifth server-hosting facility in and around the capital, signalling a robust expansion in the fast-growing market.
Dubbed CGK5, the new data centre is… Read More>>
A Chinese investor has acquired three strata units in an office building along Singapore’s Scotts Road from a company controlled by Indonesia’s Widjaja family for S$10.1 million ($7.33 million), setting the highest price per unit of area ever recorded for… Read More>>
A Beijing developer’s founding chairman has resigned from all duties with the company according to an announcement Wednesday by the Hong Kong-listed developer in the latest example of a troubled entrepreneur stepping back from corporate leadership in China,
Zhang Lei… Read More>>
Fears of an economic slowdown and higher interest rates squelched sales of income-earning real estate assets in Asia Pacific during the third quarter of 2022, with trades of office properties plunging 45 percent year-on-year to $14.9 billion, according to MSCI… Read More>>
Hong Kong’s Link REIT rebounded to a HK$2.99 billion ($380 million) profit in the six months ending September after reporting full-year losses for the last two years, with its top officials noting that Asia’s largest REIT is acting “with heightened… Read More>>
With interest rates on the rise globally, sales of office assets in Asia Pacific fell 45 percent in the third quarter, compared to a year ago, however, some investors see the market shift creating new opportunities for repricing and new… Read More>>
Savills Investment Management has completed its first acquisitions in Japan’s office and residential sectors under the firm’s flagship pan-Asian fund, with the vehicle also picking up a majority stake in a Perth neighbourhood mall for its third purchase in Australia.
After reporting sustained growth in Singapore office space, OUE Commercial REIT’s chief executive is keen on growing the trust’s overseas portfolio in the year ahead as opportunistic office deals arise in its target markets of Sydney, Melbourne and London.
Han… Read More>>
Sun Venture has agreed to acquire a North Sydney office building for A$148 million ($95.9 million), marking the Singaporean investment firm’s first acquisition in Australia.
The 10-storey office block at 50 Miller Street is a Grade A building comprising 10,441… Read More>>
Struggling to repay bond investors, Greenland Holdings has sold a 59-storey Los Angeles residential tower, the centrepiece of the Chinese developer’s first-ever US project, to American apartment operator Northland for $504 million.
The transaction for the 685-unit THEA at Metropolis… Read More>>
