Asia Pacific real estate investment news and information
Executives at the We Company, the parent of shared office provider WeWork, are considering lowering the valuation for an upcoming initial public offering by around 50 percent, according to multiple news accounts citing sources familiar with the company’s plans.
The… Read More>>
Hong Kong-based asset manager iProsperity has acquired a set of 23 Australian hotels from French hotel investment firm AccorInvest, according to an account this week in the Australian Financial Review.
iProsperity, which manages funds for high net worth individuals and… Read More>>
BlackRock Real Estate is raising capital for the fifth in its series of APAC-focused value-add property investment vehicles, with reports indicating that the size of the fund will eclipse its $500 million predecessor.
Having already secured commitments of between $300… Read More>>
ESR is ploughing nearly INR 3 billion ($42 million) into developing a pair of industrial parks in India, paving the way for the company to add to its warehouse portfolio in the subcontinent, according to an announcement by the Warburg… Read More>>
Hong Kong-listed CSI Properties has acquired the remaining four floors in a building on Wellington Street in Hong Kong’s Central district for HK$185 million ($23.59 million), according to an account in the Hong Kong Economic Times
The purchase brings the… Read More>>
Less than two months after postponing a Hong Kong IPO expected to raise up to $1.24 billion, Warburg Pincus-backed warehouse developer ESR has made a new hire for its capital markets team in an effort to support the company’s long-term… Read More>>
CBRE Global Investors has secured commitments totalling $115 million for Asia Value Partners V, a new Asia Pacific fund, according to a filing with the Securities and Exchange Commission in the US.
A Form D filing dated 22 August 2019… Read More>>
Hong Kong’s world-leading office rents continue to encourage multinationals to migrate to the city’s emerging business districts with engineering and consumer products powerhouse 3M said to be the latest global firm to flee Hong Kong Island for newer buildings with… Read More>>
KKR has partnered up with a Shanghai-based fund manager to acquire a commercial development near the city’s historic Bund waterfront, according to people familiar with the matter.
The US private equity pioneer is making the investment through a joint venture that… Read More>>
Keppel Land China, the mainland property arm of Keppel Corporation, has announced that it is acquiring an office building in Beijing for RMB 178.6 million ($25 million), as the company pushes forward with plans to grow its commercial real estate… Read More>>
