Asia Pacific real estate investment news and information
Schroders has continued the expansion of its real estate division with the establishment of a Japan property investment operation last month, according to company representatives.
The UK investment management firm has appointed former JP Morgan Asset Management executive Keisuke Kusano… Read More>>
Canada’s Manulife Investment Management and Tokyo-based Kenedix have agreed to form a JPY 19.8 billion ($170 million) joint venture to acquire multi-family assets in Japan’s major cities.
The JV will be seeded with a portfolio of nine properties, including four… Read More>>
Hongkong Land Holdings saw its underlying profit hold steady at $966 million last year as strong leasing income from its Singapore portfolio helped blunt the impact of weaker performance by its office assets in Hong Kong.
The group’s underlying profit… Read More>>
CK Asset Holdings, the development flagship of magnate Li Ka-Shing, has bested six competing bids to win a 58,534 square foot (5,438 square metre) residential site in Hong Kong’s redevelopment hotbed of To Kwa Wan for HK$5.99 billion ($767 million),… Read More>>
Wang On Properties is continuing to bet on the Hong Kong housing market, having last month acquired the Cheng Fung Mansion in Kowloon in an auction which valued the ageing building at HK$257 million ($32.9 million), according to a press… Read More>>
State-backed ST Telemedia Global Data Centres has formed a $350 million joint venture with Ayala Corp and its Globe telecom unit to develop data centres in the Philippines, joining a legion of Singapore-based investors entering the Southeast Asian nation’s emerging… Read More>>
Following the announcement of a rental moratorium to support retailers as part of Hong Kong’s budget rollout last week, financial secretary Paul Chan is urging Hong Kong developers to, “consider lowering rents or adjusting the rent structure (as much as)… Read More>>
Fang Holdings has announced the departure of its chairman and founder, Vincent Mo, three years after the China internet pioneer relinquished day-to-day control of the Beijing-based real estate portal.
Fang said Monday in a release that Mo was stepping down… Read More>>
ESR on Thursday announced the development of a $1.5 billion logistics park in the greater Osaka area, as the builder of some of Japan’s biggest warehouses continues to secure land despite zoning-related supply constraints in the country.
The… Read More>>
US private equity giant Blackstone says its Asia real estate fund is on track to reach its $9 billion goal, after a US pension manager had cited a 22 percent lower target for the opportunistic vehicle.
Blackstone representatives told Mingtiandi… Read More>>
