Asia Pacific real estate investment news and information
Despite turmoil in the country’s property market last year, China managed to nab more than half the spots in market research consultancy Hurun’s list of the top 100 real estate billionaires in the world.
The most populous nation on earth… Read More>>
China’s VNET Group has received an unsolicited offer from two mainland companies to acquire all of the outstanding ordinary shares of the Blackstone-backed data centre developer, whose beaten-down stock exemplifies the recent woes of US-listed Chinese tech firms.
Investment manager… Read More>>
ESR-REIT has launched a S$38.5 million ($28.2 million) redevelopment of an industrial property in northern Singapore, with the SGX-listed trust creating a new facility on the site to the specifications of its existing tenant, Dutch manufacturer NTS.
The two-phase project… Read More>>
A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate Straits Trading has acquired four UK assets for £75 million ($97.6 million), according to a statement last week.
The four retail parks,… Read More>>
Singapore property tycoon Ong Beng Seng is raising some cash as the hospitality investor’s primary publicly traded vehicle announced the sale of a London hotel over the weekend.
Hotel Properties Ltd, which is 55.4 percent owned by Ong, said on… Read More>>
A residential complex up for collective sale in Singapore’s Katong area has sold for above the vendors’ asking price, demonstrating continued developer demand for sites even after a first-quarter slowdown in home price growth.
The local arm of Chinese developer… Read More>>
Disruption continues to be a theme at Keppel REIT as the manager of the Singapore-listed trust announced on Friday that its chairman, Penny Goh, will retire on 31 May.
Now 69, Goh is set to be replaced by Keppel stalwart… Read More>>
Analysts at a top credit rating agency are predicting more tough times for China’s residential property market through mid-year, with little meaningful relief through 2023, after a wave of mainland developers reported dented sales for January through March.
“We expect… Read More>>
M&G Real Estate has expanded its Asia Pacific rental residential investments into Australia with a A$450 million ($336.8 million) commitment to a build-to-core partnership with local developer Novus, marking the UK-based fund manager’s first move in the country’s multifamily sector.
Following up on a string of data centre and logistics deals, fund manager Actis has reached a $700 million final closing for its second Asia real estate fund, which targets new economy assets across emerging markets across the region.
The… Read More>>
