Asia Pacific real estate investment news and information
Singapore Press Holdings has scrapped its acquisition of a portfolio of senior living facilities in Canada, as the potential impact of COVID-19 on property values triggers second thoughts on valuations.
The SGX-listed media and property conglomerate announced to the stock… Read More>>
Alternative asset management firm Elite Partners Capital has announced the first close of a UK and Europe-focused logistics fund with a target hard cap of €150 million ($163 million).
A spokesperson for the Singapore-based company revealed to Mingtiandi that the… Read More>>
China Evergrande Group has slashed earnings projections for 2019 to RMB 33.5 billion ($7.5 billion), a drop of nearly half from the previous year as sales plummeted amid China’s weakening economy and tighter housing policies.
China’s largest property developer by… Read More>>
Warburg Pincus-backed logistics developer and fund manager ESR has posted a 21 percent rise in net profit to $245 million for 2019, as it continues to ride the growth of e-commerce and the shift of capital values to Asia.
In… Read More>>
Asia’s largest logistics developer and fund manager is branching out into consumer goods distribution, according to an announcement late Friday by Hong Kong-listed Li & Fung Ltd.
GLP, which has $89 billion in assets under management globally, has teamed up… Read More>>
Goldin Financial Holdings is hoping to offload a piece of land which had once been part of the runway of Hong Kong’s former airport, as a property slump in the Asian financial hub has been intensified by the virus pandemic.
A Chinese financial firm which once devoured New York’s Waldorf Astoria has sold off its second set of real estate assets this year, with European media reports indicating that Anbang Insurance has disposed of a set of Netherlands office buildings… Read More>>
JLL topped the list of capital markets brokerages in Asia Pacific’s during 2019 as measured by transaction volumes, according to Real Capital Analytics, in a year that saw $169 billion in investment transactions across the region – a 6 percent… Read More>>
Softbank has reportedly pulled back from buying $3 billion in WeWork shares from existing shareholders, citing legal investigations of the company’s management and a possible restructuring of the co-working giant’s China business.
The Japanese investment firm sent a letter to… Read More>>
China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.
The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>
