Asia Pacific real estate investment news and information
Mapletree Logistics Trust has acquired a newly-built warehouse in South Korea for KRW 88.5 billion ($74 million) as the Singapore-based trust expands its footprint in one of Asia’s largest e-commerce markets.
The trust’s manager told the Singapore Exchange late Monday… Read More>>
Global property consultancy CBRE on Tuesday announced the promotion of Luke Moffat to regional managing director and head of advisory and transaction services for Asia Pacific.
Moffat succeeds Manish Kashyap, who was elevated to global president of advisory and transaction… Read More>>
Several current and former executives of defaulting developer Fantasia Holdings and its property management spin-off Colour Life Services drew a rare rebuke and disciplinary action from the Hong Kong stock exchange this week for breaking a non-compete deal.
In a… Read More>>
The managers of ESR-REIT and ARA Logos Logistics Trust (ALOG) have set 21 March as the date for ALOG’s unitholders to vote on the Singapore-listed trusts’ proposed merger, with executives laying out the case for the deal to investors on… Read More>>
Asia Pacific’s industrial real estate market outpaced pre-COVID levels for the second year in a row in 2021, with the value of shed purchases in the region soaring 82 percent from a year earlier to reach a record-high of $56.4… Read More>>
CapitaLand and Lendlease are competing for pole position for a S$2 billion ($1.5 billion) redevelopment project as Singapore’s largest telecom provider prepares to build a new commercial complex on the site of its headquarters near the city’s Orchard Road shopping… Read More>>
Link REIT has put its Stanley Plaza shopping centre up for sale, even as an unprecedented surge in COVID-19 cases clouds the retail outlook in Hong Kong.
Asia’s largest real estate investment trust received an unsolicited expression of interest from… Read More>>
Hong Kong’s government on Wednesday released a fiscal 2022-23 budget promising to increase land sales for housing and commercial development and tap cash reserves to jump-start infrastructure works within the planned Northern Metropolis.
In an announcement shadowed by the city’s… Read More>>
Asian acquisitions of London commercial properties are reaching the highest levels of the market, with Singapore’s Ho Bee Land announcing this morning that it has agreed to purchase the Scalpel office tower in the UK capital’s primary business district for… Read More>>
Global fund manager AEW is selling a 16-storey office block in Singapore’s Raffles Place to a unit of Japanese construction and real estate firm Kajima Corp for S$286.9 million ($213.4 million), as global investors continue to target Singapore office assets.
