Asia Pacific real estate investment news and information
Wheelock and Company has won a discounted residential site in Hong Kong’s New Territories amid a plunge in property prices in the Asian financial hub, according to an announcement by the city’s MTR Corporation, which organised the project tender.
The… Read More>>
Blackstone is poised to buy back a portfolio of Japanese rental apartments from troubled mainland insurer Anbang Insurance for JPY 300 billion ($2.7 billion) in what would be the largest property deal ever in Japan.
Stephen Schwarzman’s Blackstone, which has… Read More>>
Some of South Korea’s best-known investors have trekked across the North Pole to find partners for the largest ever single-asset office investment in Finland’s history.
A pair of Korean brokerages – NH Investment & Securities and Shinhan Investment Corp –… Read More>>
Colliers International announced today that it has promoted its long-time Australia-New Zealand CEO John Kenny to its top position for Asia Pacific, after health concerns sidelined APAC chief executive David Hand in December.
In its statement today, Colliers said that… Read More>>
ARA Asset Management is said to be close to completing the acquisition of a Melbourne office development which is projected to be worth in excess of A$300 million ($201 million) once completed.
A source close to the transaction confirmed to… Read More>>
A KKR-led consortium is selling a newly developed logistics facility near Seoul, according to an announcement today by the company, as the rise of South Korea’s e-commerce sector helps drive investor demand for warehouse assets.
The US private equity giant… Read More>>
Blackstone has raised its bid for Unizo Holdings to JPY 192 billion ($1.76 billion), forcing fresh moves by rivals Lone Star Funds and Fortress Investment Group in the contest for the Tokyo-listed hotelier and real estate investment firm.
Blackstone said… Read More>>
Starwood Capital Group has recommitted to its A$485 million ($326 million) bid for Australian Unity Office Fund (AOF), despite a move late last week by the REIT’s sponsor and Keppel Capital that appeared to frustrate the hostile takeover attempt.
Investor… Read More>>
Shared office provider WeWork has found a new chief executive as the financially challenged company takes another step in its struggle for profitability.
Brookfield Properties executive Sandeep Mathrani will join the New York-based firm as CEO on 18 February, according… Read More>>
Keppel Capital has set up a partnership with the sponsor of an A$688 million ($464.8 million) Australian office REIT that will allow the Temasek-backed asset manager to dig deeper into Australia’s metropolitan office market, according to a disclosure to the… Read More>>
