Asia Pacific real estate investment news and information
The chief executive of developer Frasers Property Singapore will retire from the unit of Thai billionaire Charoen Sirivadhanabhakdi’s Frasers empire at the end of this year, according to an announcement to the Singapore stock exchange.
Christopher Tang, who will turn… Read More>>
Singapore’s sovereign wealth fund GIC has agreed to acquire four hotels along the west coast of the US for $249 million through a recently formed joint venture with Summit Hotel Properties, according to an announcement by the New York Stock… Read More>>
Warburg Pincus-backed Weave will throw open the doors to its second co-living space in Hong Kong next month as the two-year-old company races to keep ahead of a growing host of rivals aiming to provide millennial-friendly rental housing in the… Read More>>
Singapore-based Hoi Hup Realty has entered into a binding agreement to buy the Andaz Singapore hotel, according to a statement posted today on the developer’s website, in what ranks as the largest ever purchase of a single hotel asset in… Read More>>
Co-living operator Hmlet opened for business in Japan this week through a newly formed joint venture with developer Mitsubishi Estate Company, according to an announcement from the Singapore-based firm.
The partners, which plan to open their first shared living facility… Read More>>
Southeast Asia property listings platform PropertyGuru has filed for an initial public offering that could value the media business at A$1.2 billion ($810 million), according to a prospectus lodged with the Australian Securities and Investment Commission this week.
The 12-year-old… Read More>>
Private equity investor Starwood Capital has brought on board a new lead executive for its property business in Asia, Mingtiandi has learned.
Kevin Lee, formerly a Managing Director with Lone Star Funds based in Tokyo, joined Starwood last month in… Read More>>
Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion into the US, Europe and other global markets.
25-year-old Oyo founder Ritesh Agarwal is leading the financing round with support from… Read More>>
Blackstone has agreed to sell a portfolio of rental apartment properties in Japan to Allianz Real Estate for €1.1 billion ($1.2 billion), according to an announcement by the Paris and Munich-headquartered insurer.
Marking its entry into the Japanese residential market,… Read More>>
Singapore-listed Ascendas REIT will soon be adding a fourth Australian office property to its portfolio after the real estate investment trust’s manager announced last week that it had agreed to acquire a Melbourne development project.
Ascendas Funds Management, a unit… Read More>>
