Asia Pacific real estate investment news and information
ESR has announced the launch of a joint venture set to be worth A$1 billion ($610 million) to develop logistics and industrial facilities, after executing the company’s largest capital raising to date in Australia.
An undisclosed global institutional investor has… Read More>>
Singapore developers, REITs and property analysts have thrown support behind the city’s new Resilience Budget, a S$48.5 billion ($34 billion) COVID-19 stimulus package that includes a 100 percent property tax rebate for qualifying commercial properties.
Minister for Finance Heng Swee… Read More>>
Sunac China has declared an increase in annual profit of more than 57 percent, as the Tianjin-based developer capitalized on credit made available by Beijing to grow during an economic downturn.
In a report on Friday to the Hong Kong… Read More>>
ARA Asset Management has taken a majority stake in London-based non-bank lender Venn Partners LLP, as the Singapore-based company branches out into real estate debt opportunities.
The Warburg Pincus-backed fund manager said in an announcement today that it will provide… Read More>>
Soho China, a mainland developer reported to be the subject of buyout talks with US giant Blackstone, reported a 31 percent drop in profit from its core business in 2019, citing lower revenue after the company had sold off assets… Read More>>
The COVID-19 pandemic continues to batter Hong Kong real estate, with rents in the world’s most expensive office spaces suffering the steepest month-on-month drop in more than a decade, according to a report this week by JLL.
The property consultancy… Read More>>
Eagle Hospitality Trust on Tuesday informed its investors that it has shelved a distribution payment due to security holders, after defaulting on a $341 million loan facility.
The managers of the SGX-listed real estate investment trust announced to the stock… Read More>>
Shoppers have disappeared from the streets of Hong Kong, and with retail sales dropping, some store owners in Asia’s most expensive city have resorted to selling the shop.
A store along Nathan Road in Mongkok — normally one of Hong… Read More>>
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>>
