Asia Pacific real estate investment news and information
Wang On Properties has announced its first hospitality investment, teaming with US private equity shop Angelo Gordon to purchase the Pentahotel Hong Kong from New World Development for HK$2 billion ($260 million).
The 695-room hotel in Kowloon contains 285,000 square… Read More>>
Insurance giant AIA is diving into China’s commercial property sector by paying RMB 5 billion ($716 million) for a 90 percent stake in a retail-office complex in Shanghai’s Hongkou district, marking the largest cross-border investment in mainland real estate in… Read More>>
Mainland regulators have given the green light for a real estate investment trust under Chinese e-commerce giant JD.com to list on the Shanghai Stock Exchange, marking the country’s third significant warehouse REIT as demand for logistics space continues to grow.
Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local furniture retailer for S$22 million ($16.34 million), freeing up cash to invest in fresh assets, according to a bourse filing late Tuesday.
The trust’s… Read More>>
A joint venture of Singapore-based CapitaLand Investment and Maharashtra Industrial Development Corporation has agreed to sell its entire stake in a Pune business park to CapitaLand India Trust for INR 13.5 billion ($160 million).
The SGX-listed fund management arm of… Read More>>
Hong Kong’s Link REIT is entering Singapore with a bang as it records the city’s largest real estate acquisition this year with a S$2.16 billion ($1.6 billion) purchase of a pair of suburban malls from Mercatus Co-operative Ltd, according to… Read More>>
Hong Kong property agency Midland Holdings expects to report a full-year loss after recording an estimated net loss attributable to shareholders of HK$480 million ($61.6 million) for the first 11 months of 2022.
The anticipated result would reverse the company’s… Read More>>
Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and development sites in Jiangsu province for RMB 225 million ($32.3 million).
The completion took place Tuesday, Zendai said in a filing… Read More>>
WeWork India has raised INR 5.5 billion (about $66.5 million) from funds managed by private credit platform BPEA Credit as the flexible office brand seeks to expand in Asia’s third-largest economy.
The funds will be used for future growth and… Read More>>
A building in downtown Shanghai was sold via an online auction of distressed properties for RMB 504 million ($72.3 million) on Thursday, giving its new owner a 27 percent discount on the original valuation of RMB 701 million, as China’s… Read More>>
