China Evergrande maintained its position as China’s top developer in 2020 with the real estate giant growing its sales even more quickly during the pandemic, but seeing its profits slide by more than a quarter, according to a review of… Read More>>
PGIM Real Estate remains on a tear in Asia Pacific, announcing on Wednesday that it had added an office building in Tokyo’s Toyocho area to its list of big-ticket acquisitions in 2021.
The real estate fund manager, which closed on… Read More>>
Urbanisation, rising home prices and government policies responding to these trends are driving rapid growth in multi-family real estate around Asia Pacific, according to two of the sector’s biggest investors.
Although a proliferation of multi-family investment deals in 2020 coincided… Read More>>
Singaporean developer CapitaLand will acquire its first hyperscale server facility in China, spending RMB 3.66 billion ($560 million) to pick up a four-building campus in Shanghai’s Minhang district.
The 55-megawatt facility is managed by mainland data centre operator Daily-Tech —… Read More>>
A joint venture of City Developments Ltd and Hongkong Land affiliate MCL Land has made the top bid for a residential plot near Singapore’s Little India neighbourhood.
The partnership’s bid of S$445.9 million ($336.2 million) for the 99-year leasehold site… Read More>>
In today’s roundup of regional news headlines, one of Hong Kong’s biggest developers splashes out for land in the New Territories and Guangzhou, a CDL-backed REIT agrees to acquire a large retail portfolio in France, and PGIM completes its purchase… Read More>>
Hong Kong’s Baring Private Equity Asia (BPEA) has teamed up with a Singapore-listed developer to back an A$206 million ($159.5 million) consolidation of a commercial building in central Melbourne.
BPEA, together with Matthew Ong’s SLB Development and local partner Futuro… Read More>>
In Mingtiandi’s latest roundup of regional news headlines, BlackRock and Australian partner Primewest complete the purchase of a storied office building in Perth, competition heats up among marketing agencies handling en bloc sales in Singapore, and Hong Kong’s housing market… Read More>>
GLP, Asia’s biggest warehouse developer and fund manager, on Tuesday announced the closing of its newly-established GLP China Income Fund II with capital commitments totalling RMB 5.8 billion ($900 million).
The core-plus logistics vehicle seeks to generate long-term, stable returns… Read More>>
Singapore-listed ARA Logos Logistics Trust is slimming its Australian portfolio with the divestment of an ageing warehouse property in a suburb west of Adelaide.
ALOG’s manager announced on Monday that the REIT had entered an agreement for the sale of… Read More>>