Asia Pacific real estate investment news and information
City Developments Ltd has teamed up with fellow Singaporean investor HThree City to acquire an 18-storey building in downtown Melbourne for A$236 million ($162.2 million), marking an expansion by property giant CDL into the Australian office sector.
The Grade A… Read More>>
Kailong Group has put a total of five Hong Kong commercial assets on the market within the past two months, with the disposals to total as much as HK$2.37 billion ($302 million), should the fund manager succeed in finding a… Read More>>
Singapore’s Straits Trading is adding to its UK real estate holdings with the acquisition of properties at a business park in the southwestern English city of Gloucester for £130 million ($157.7 million).
The real estate arm of the SGX-listed conglomerate… Read More>>
Singapore has made seven industrial sites spanning 6.36 hectares (15.7 acres) eligible to be put on the auction block in the second half of 2022, in what would be the largest half-year government land sale programme for the sector in… Read More>>
Singapore’s office market continues to heat up with two towers in the city-state’s downtown area nearing sales at a combined S$790 million ($570 million), including a property in the Bugis area which Sun Venture is close to buying from an… Read More>>
Private equity giant KKR has received a $50 million capital commitment to its new Asia Pacific infrastructure strategy from the Employees Retirement System of Texas, as real estate fund managers continue to rake in cash from state institutions in the… Read More>>
Grade A office rents in Singapore’s central business district have recovered to within striking distance of their pre-pandemic peak and could exceed that level soon, according to research by JLL.
Gross effective rents for Grade A office space in the… Read More>>
Heavily indebted China Evergrande is fighting a winding-up petition filed by an investor in the developer’s Fangchebao online platform as the firm readies its restructuring plan, according to a Hong Kong stock filing on Tuesday.
“The company will oppose the… Read More>>
Sunac China Holdings is asking holders of RMB 4 billion ($600 million) of its domestic notes to accept a second rescheduling of payments as the mainland developer struggles to raise cash due to weak sales.
Representatives of Sunac Real Estate,… Read More>>
A luxury villa in Hong Kong Island’s Deep Water Bay sold on Sunday for HK$870.2 million ($110.8 million), according to public records, in the city’s priciest residential transaction this year.
With the market for Hong Kong high-end housing continuing to… Read More>>
