Asia Pacific real estate investment news and information
Singapore’s ARA Asset Management this week announced its intention to extend a bid for a hostile takeover of ASX-listed Cromwell Property Group, marking the latest development in a more than two-year struggle for control of the Australian investment group.
Facing… Read More>>
ESR is set to expand its $25.4 billion in assets under management in Australia with a newly formed A$1 billion ($692 million) develop-to-hold logistics fund partnership with Singapore’s GIC.
“We’re seeing an increasing appetite from our capital partners for logistics… Read More>>
A Hong Kong-headquartered co-living firm that owns and operates over $300 million of assets in its home city is expanding its operations internationally with a S$150 million ($108.1 million) equity investment in Singapore.
“The strategy is to go and acquire… Read More>>
Blackstone Group early this week announced that it had invested RMB 1.06 billion ($150 million) for a stake in NASDAQ-listed Chinese data centre developer 21Vianet Group through a private placement.
The investment makes the US fund manager one of the… Read More>>
With uncertainty plaguing Hong Kong’s economy as political unrest and the lingering effect of the coronavirus pandemic continues to hamper business, rents slid 2.2 percent in May and vacancies reached numbers not seen since the global financial crisis of 2008.
Real estate brokerage firm Knight Frank announced this week that it is bolstering its consultancy and research teams in Singapore by bringing on a pair of industry veterans to lead each department.
The company’s group managing director in the country… Read More>>
Cash-strapped and handcuffed by the pandemic, Eagle Hospitality Trust announced its latest series of defaults and litigation in a filing to the Singapore Exchange on Sunday.
EHT, comprised of Eagle Hospitality REIT and Eagle Hospitality Business Trust, said that the… Read More>>
Singapore’s CapitaLand has announced promotions for a pair of its top executives that provide fresh leadership in the company’s home city, as well as in Vietnam — a key developing market for the Temasek Holdings-backed giant.
According to an announcement… Read More>>
WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi late this past week that the shared workspace provider has abandoned it fourth location in the city since late last year.
After having… Read More>>
ESR has closed on a $1 billion joint venture with longstanding partners Canada Pension Plan Investment Board (CPPIB) and Dutch pension manager APG Asset Management to develop industrial real estate projects in South Korea, as the Hong Kong-listed logistics developer… Read More>>
