Asia Pacific real estate investment news and information
SGX-listed City Developments Ltd has agreed to sell its 50.1 percent interest in a central Singapore mixed-use complex to its joint venture partner, Malaysia’s IOI Properties Group, in a deal valuing the asset at S$2.75 billion ($2.1 billion).
CDL is… Read More>>
Singapore’s Mapletree Investments posted a net profit of S$227.2 million ($176.4 million) for its fiscal year to the end of March, reversing a year-earlier loss of S$577.2 million, as the Temasek-owned real estate player’s revaluation losses narrowed and asset sales… Read More>>
Singapore developers have shown that attractive residential sites can still spur competitive bidding with top builder City Developments Ltd placing the top offer for a plot in the city-state’s Jurong Lake in a tender which closed on Tuesday.
The developer… Read More>>
Hong Kong’s Gale Well Group has slashed the price for a beach villa complex in the city’s Southern District by 25 percent over the past four months, as the financially-troubled property investment firm seeks to accelerate asset disposals.
The owner… Read More>>
China’s real estate crisis isn’t confined to the mainland anymore, with top-five Hong Kong builder New World Development announcing late Friday that it will defer payments on four sets of bonds due this month.
The decision to forgo paying $77… Read More>>
US builder Hines has partnered with India’s Kanakia Group and Japanese giants Mitsubishi Estate and Sumitomo Corporation to develop a high-end office project in central Mumbai.
The Kohn Pedersen Fox-designed building will span 1.5 million square feet (139,355 square metres)… Read More>>
The Hong Kong government on Thursday announced the hiring of former Chinachem CEO Donald Choi as managing director of the Urban Renewal Authority, with the appointment coming less than nine months after he stepped down from the helm of the… Read More>>
Aberdeen Investments has acquired two rental residential properties in Tokyo for an undisclosed price under the Scottish asset manager’s Japan living strategy.
The recently built apartment complexes are the 125-unit Worve Tokyo Kiba in Koto ward and the 71-unit Dimus… Read More>>
Trades of income-generating real estate in Asia Pacific fell 18 percent to $32.3 billion in the first three months of 2025 compared with year-earlier volume, as investors signalled a pullback amid a wave of uncertainty triggered by US trade policy,… Read More>>
CapitaLand Ascendas REIT has agreed to buy the headquarters building of e-commerce player Shopee and a co-location data centre for a total of S$700.2 million ($543.6 million), as the SGX-listed trust seeks to grow its portfolio with tech-driven assets.
The… Read More>>
