Asia Pacific real estate investment news and information
A joint venture of Hong Kong-based Phoenix Property Investors and Australia’s Centennial Property Group has acquired a site next to Brisbane Airport for development of a logistics park with an end value of A$240 million ($155.7 million).
The piece of… Read More>>
Local Residential, the build-to-rent platform backed by Macquarie Asset Management, has completed its acquisition of the management rights for Australia’s largest BTR property, establishing a presence in Queensland for the Melbourne-based company.
The contract for Smith Collective, a 1,252-unit complex… Read More>>
CRE Logistics REIT has agreed to sell a 40 percent interest in a Greater Tokyo warehouse for JPY 7.6 billion ($51.1 million), with the TSE-listed trust planning to use part of the proceeds to buy land for a future project.
Australian developer Goodman Group has agreed to acquire a logistics site next to the under-construction Western Sydney Airport for A$575 million ($370 million).
Market sources confirmed the ASX-listed builder’s role in the deal, which was announced Wednesday by the land’s… Read More>>
GDS posted a second-quarter net loss of RMB 70.6 million ($9.9 million), narrowing a year-earlier shortfall of RMB 231.8 million, as the Chinese data centre giant accelerated delivery of its backlog and took a “selective approach” to new orders.
Revenue… Read More>>
Australian property giant Dexus has agreed to sell a central Melbourne office complex for A$254.5 million ($163.8 million), with market sources confirming fund manager PAG as the buyer.
The Hong Kong- and Tokyo-based private equity shop is picking up Flinders… Read More>>
A mainland tycoon who set a Hong Kong record purchasing the city’s most expensive home nine years ago has now set a new standard for the biggest residential markdown as that same house sold for HK$1.3 billion ($165.6 million) less… Read More>>
Samty Residential Investment Corporation is buying nine apartment buildings across Japan’s Honshu island for JPY 8.7 billion ($59 million) and discarding an equal number of ageing assets.
The TSE-listed REIT will acquire four properties in Greater Tokyo, four in Nagoya… Read More>>
Industrial specialist ESR has launched a JPY 70 billion ($474 million) fund to enable the sale of a 50 percent stake in a Greater Osaka warehouse billed as Japan’s largest.
Four Japanese corporate heavyweights, including insurer Dai-ichi Life and developer… Read More>>
After falling short by a paper-thin margin almost three years ago, Frasers Property has cleared a key hurdle in its quest to privatise Singapore-listed Frasers Hospitality Trust, as unitholders decisively approved the scheme at a meeting late last week.
The… Read More>>
