Korea Real Estate Investment & Trust has acquired a stake in a Seoul office tower that serves as KOREIT’s headquarters in a transaction valuing the asset at KRW 445 billion ($310 million), according to market sources.
The deal is a… Read More>>
Asia Pacific real estate investment news and information
Korea Real Estate Investment & Trust has acquired a stake in a Seoul office tower that serves as KOREIT’s headquarters in a transaction valuing the asset at KRW 445 billion ($310 million), according to market sources.
The deal is a… Read More>>
The international unit of Shanghai-based data centre firm GDS Holdings has won the backing of Japan’s SoftBank and Citadel boss Ken Griffin for an upsized Series B round to raise $1.2 billion in equity.
The new commitments from the SoftBank… Read More>>
More than a third of Asia real estate executives are leveraging artificial intelligence, up sharply from year-ago levels, according to a report released this past week by Yardi, based on a Mingtiandi survey.
In the fifth in a series of… Read More>>
US private equity titan Blackstone is set to buy a commercial complex in central Tokyo from Seibu Holdings for $2.6 billion, a sum that would mark the largest-ever real estate acquisition by a foreign investor in Japan.
Funds managed by… Read More>>
Just over two months after seeing its top executive in the region head off to lead a global rival, digital infrastructure giant Equinix has named a new president for Asia Pacific.
Four-year company veteran Cyrus Adaggra has been appointed to… Read More>>
Warehouse developer and fund manager ESR is seeking to raise RMB 2.1 billion ($290 million) from the initial public offering of the group’s inaugural mainland-listed industrial REIT.
The final offer price of ESR China REIT’s units is RMB 2.628 each,… Read More>>
Hillhouse Investment Management and its Rava Partners real estate unit announced Tuesday that they have completed a tender offer which paves the way for the privatisation of Tokyo-listed Samty Holdings in a deal valuing the Japanese real estate developer and… Read More>>
Bain Capital-backed Bridge Data Centres announced this past week that it has appointed the former head of a Malaysian government agency established to promote development of the tech industry to help lead the company’s business in the Southeast Asian nation.
For the second year in a row, Tokyo is Asia Pacific’s most desirable destination for property investment, according to a survey by the Urban Land Institute and PwC.
Low interest rates continue to make Japan an investor favourite, with the… Read More>>
With Warburg Pincus and Lendlease continuing to ramp up an Asia life sciences joint venture established in May this year, the partners have named a senior executive from the Abu Dhabi Investment Council to lead the business.
Bart Price, who… Read More>>