Asia Pacific real estate investment news and information
Singapore’s Fragrance Group has purchased a Holiday Inn hotel in west London from British real estate fund manager Queensgate Investments for an undisclosed sum, as the privately held builder continues to expand its hotel portfolio.
The property developer controlled by… Read More>>
Hong Kong billionaire Michael Kadoorie has agreed to pay a steep premium to increase his family’s majority stake in Hongkong and Shanghai Hotels Ltd from 59.98 percent to 72.43 percent through an off-market share purchase totalling HK$2.63 billion ($337.5 million).
Just three months after winning a Kowloon Tong residential site for HK$1.6 billion, Hong Kong-listed Lai Sun Development continues to focus on the city’s quickening luxury market, with its acquisition of a pair of adjacent properties in the Mid-Levels area… Read More>>
US hyperscale specialist Stack Infrastructure has teamed up with global investment firm Oaktree Capital Management to build a 36 megawatt data centre campus in Japan’s Chiba prefecture, marking its first facility in the Asia Pacific region.
Stack, which has locations… Read More>>
Guangzhou R&F Properties may have avoided default and gained an extra six months to repay a $750 million offshore note that came due on Thursday, but S&P Global Ratings has labelled the group’s delaying tactic a default in all but… Read More>>
Almost five years after breaking ground in Singapore’s central business district, CapitaLand and its Japanese partners officially opened their 79 Robinson Road office building Friday with committed occupancy already close to 93 percent.
Designed by US firm Gensler and Singapore’s… Read More>>
Four months after HNA chairman Chen Feng was detained by the Hainan police, creditors of his bankrupt empire have sold off a Hong Kong luxury home used by the jailed billionaire at a markdown of HK$116 million ($14.9 million) from… Read More>>
The Singapore government is lifting a 2019 moratorium on new data centre construction and will once again allow construction of new server facilities within its borders, provided that they meet criteria for energy efficiency, according to a statement on Tuesday.
Mainland developer Sunac China Holdings continues to make moves to shore up its financial position, including a planned HK$4.52 billion ($580 million) share sale to a holding firm controlled by the family of chairman Sun Hongbin.
In the top-up deal… Read More>>
China Oceanwide Holdings’ American dream is looking ever more like a broken one after the mainland developer was served with a default notice for a $175 million loan backed by the group’s troubled skyscraper project in Lower Manhattan.
New York-based… Read More>>
