Asia Pacific real estate investment news and information
Savills on Thursday announced the hiring of longtime Mitsui Fudosan executive Eiichiro Onozawa as the property consultancy’s head of Japan.
Onozawa has spent his entire 36-year career at Japan’s largest developer, with postings in Tokyo, London and New York. He… Read More>>
Hotel Properties Ltd has agreed to buy the InterContinental Auckland for NZ$180 million ($102.2 million), marking the Singapore-based group’s first acquisition in New Zealand.
The off-market deal represents the largest-ever sale of a single hotel asset in New Zealand, according… Read More>>
Hongkong Land has appointed board member Stuart Grant as executive director and chief executive of the developer’s $8 billion Westbund Central commercial project in Shanghai.
A longtime Blackstone executive who spent his early career at Hongkong Land parent Jardine Matheson,… Read More>>
Far East Consortium International has agreed to sell a partially completed London project to controversial Hong Kong finance firm AMTD IDEA Group for £47.2 million ($57.2 million), as the developer continues to shed UK properties.
FEC International is selling its… Read More>>
A joint venture comprising China’s Qingjian Group and a unit of Chinese state-run construction giant CCCC placed the highest bid of S$315 million ($234.4 million) for a residential site in Singapore’s One-North R&D hub, according to public tender results out… Read More>>
Asia Pacific’s co-location data centre pipeline will require more than $116 billion in funding for construction over the next five to seven years as demand for the sector grows, according to Cushman & Wakefield.
The pipeline, which excludes hyperscale projects,… Read More>>
Industrial giant GLP announced Monday that it has completed the sale of the firm’s ex-China fund management business to Ares Management for $3.7 billion.
The transaction for GCP International, first announced last October, comprises an upfront purchase price of $3.7… Read More>>
Singapore’s SC Capital Partners has sold a Sydney student housing complex for a significant premium to the acquisition price and a 19 percent mark-up to book value, according to a statement on Monday.
The facility in Kensington, east of downtown… Read More>>
Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has announced an apartment project in central Melbourne with a completed value of A$270 million ($167.8 million).
The development in the inner suburb of Southbank, just south of the… Read More>>
CapitaLand Investment’s attributable profit surged 165 percent to S$479 million ($355 million) in 2024 as the Singaporean real asset manager cut revaluation losses and boosted fee income.
Full-year revenue rose 1 percent to S$2.8 billion, the SGX-listed giant said Thursday… Read More>>
