Asia Pacific real estate investment news and information
Stamford Land is making New Zealand’s biggest ever divestment of a single hospitality asset by selling its sole five-star hotel in Auckland to a consortium led by local hotel owner and operator CP Group for NZ$170 million ($94.28 million),
In… Read More>>
A Vietnamese tycoon linked to Singapore’s Viva Land, who has has partnered with Li Ka-Shing’s CK Asset, was arrested by police in Ho Chi Minh City on Saturday on charges of swindling investors out of trillions of Vietnamese dong. (VND… Read More>>
Swire Properties is in talks to sell a warehouse in Hong Kong’s Tsing Yi area for a reported HK$1.08 billion ($137.5 million) this month, with local media accounts having identified the buyer as Asian warehouse giant GLP.
“Swire Properties intends… Read More>>
Fresh from clinching a deal to buy extra time to make offshore debt payments, Guangzhou R&F Properties plans to resell a London mixed-use project just one month after exercising an option to repurchase the development from Far East Consortium.
R&F… Read More>>
Equinix has joined the rush into Indonesia’s red-hot data centre market, with the US giant announcing plans to develop a $74 million co-location facility in central Jakarta.
The eight-storey facility, scheduled to open by the second half of 2024, will… Read More>>
The Land Managers, a real estate investment division of ARA Asset Management founder John Lim’s JL Family Office, has struck a deal to acquire a commercial building in London’s West End for £18.6 million ($21 million).
With the sliding pound… Read More>>
Industrial giant ESR has announced a first closing of A$540 million ($352.6 million) for the second iteration of its Australian develop-to-hold logistics partnership alongside GIC, with the Singapore sovereign wealth fund committing A$490 million as the strategy’s cornerstone investor.
The… Read More>>
EdgeConneX has formed a joint venture with the infrastructure arm of Philippine conglomerate Aboitiz Group to develop and operate data centres across the island of Luzon, the EQT-backed firm announced Wednesday.
EdgeConneX, a hyperscale specialist backed by the Swedish private… Read More>>
CK Asset Holdings has topped four competing bids to acquire a residential development site in Hong Kong’s New Territories for HK$4.6 billion ($586 million), according to an announcement published on Wednesday.
The developer controlled by billionaire Li Ka-shing acquired the… Read More>>
Troubled mainland developer Shimao Group has hired a fresh set of advisors to carry out an “independent investigation” into accounting issues raised by the company’s departed auditor, PricewaterhouseCoopers.
In addition to the probe to be conducted by RSM Corporate Advisory,… Read More>>
