Asia Pacific real estate investment news and information
Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.
Noting that… Read More>>
Sun Hung Kai Properties (SHKP) has named three new executive directors to its board as the Hong Kong-listed giant battles rising interest rates and a slowing residential property market.
Among the set of appointments is Albert Lau, a former head… Read More>>
Best Mart 360, the Hong Kong retail chain controlled by local property investor Hugo Lam (Lin Tsz Fung), revealed this week that it had entered into a tentative deal to sell a 49 percent stake in the company to state-owned… Read More>>
Savills Investment Management has launched its second UK-focused fund backed by the family office of ARA Asset Management founder John Lim, this time for a build-to-rent development strategy.
The fund aims to raise £200 million ($241 million) for development of… Read More>>
A joint venture between Dutch pension fund manager APG Asset Management and Singapore healthcare-focused private equity firm CBC Group has acquired a pair of Beijing assets at a cost of over $180 million in the latest show of confidence in… Read More>>
Hong Kong-listed ESR achieved what it termed a “stellar performance” for the first half of 2022, with the real asset manager’s earnings before interest, tax, depreciation and amortisation rising 15.3 percent year-on-year to reach $665 million.
The pro forma results… Read More>>
A government tender for a commercial site in Hong Kong’s Kowloon East is set to close this Friday, giving developers an opportunity to win the rights to build a HK$1.8 billion ($229.4 million) retail project in Kwun Tong, spanning as… Read More>>
A slice of a residential building in Hong Kong’s once-bustling Soho entertainment district, valued at HK$175 million ($22.3 million) was put up for sale this week, despite the city’s housing market having contracted over the past two months, according to… Read More>>
Singapore-based private equity firm SC Capital Partners has launched its sixth opportunistic Asia Pacific real estate fund with a goal of raising $1 billion, according to a July 22 regulatory filing with the US Securities and Exchange Commission.
SC Capital’s… Read More>>
Singapore-based Bridge Data Centres has acquired a 450KW server facility in Thailand, the company said, signalling its continued expansion in the ASEAN region.
The subsidiary of Bain Capital-backed Chindata will buy the centre in Samut Prakan, south of Bangkok, from… Read More>>
