Warehouse giant ESR has agreed to sell a portfolio of nine industrial assets in China to a joint venture of the Hong Kong-listed group and Singapore sovereign fund GIC for $730 million.
The portfolio is 98 percent occupied and consists… Read More>>
Asia Pacific real estate investment news and information

Warehouse giant ESR has agreed to sell a portfolio of nine industrial assets in China to a joint venture of the Hong Kong-listed group and Singapore sovereign fund GIC for $730 million.
The portfolio is 98 percent occupied and consists… Read More>>

Bright Ruby Resources, an investment firm backed by Chinese billionaire Du Shuanghua, has won the tender for 16 Collyer Quay, picking up the Raffles Place office tower from NTUC Income for approximately S$1 billion ($717.2 million), according to multiple sources… Read More>>

Hong Kong’s Lofter Group and Singapore-based SC Capital Partners are moving closer to building a HK$850 million ($108.3 million) residential and retail project in the city, having last month applied to acquire full ownership of a 4,000 square foot (371… Read More>>

ARA US Hospitality Trust is selling a portfolio of four underperforming hotels in mid-tier American cities for $32.5 million, as the Singapore-listed REIT seeks to rebalance its portfolio in favour of higher-yielding core assets.
The 507-room portfolio comprises four Hyatt… Read More>>

The manager of ESR-Logos REIT announced a flurry of people moves on Friday to round out the board of directors and management team at the SGX-listed trust formed by the March merger of ESR-REIT and ARA Logos Logistics Trust.
Logos… Read More>>

The buzz returned to Bangkok with this past week’s South East Asia Hotel Investors’ Summit (SEAHIS), as the in-person event at The Westin Grande Sukhumvit welcomed guests and panellists offering ideas for revitalising the hospitality business in a post-pandemic world.

Hong Kong-listed developer Kerry Properties waited until the city was transfixed with the arrival of a visitor from the north to announce the departure of its chief financial officer after a brief stint on the company’s board.
The developer controlled… Read More>>

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>>