Asia Pacific real estate investment news and information
Ascendas-Singbridge has acquired a portfolio of 33 grade A US office properties from Starwood Capital, giving the Singapore-based developer its first holdings in the US market.
Dubbed “The Innovation Collection” by Starwood, the set of commercial assets is estimated to… Read More>>
Global Logistic Properties is teaming up with its former owner GIC to create a $2 billion value-add fund for acquiring logistics properties in mainland China, the company announced on Tuesday.
This is GIC’s first investment with Asia’s largest warehouse operator… Read More>>
UOL Group Ltd has introduced Liam Wee Sin as the new Group Chief Executive of the Singapore-listed developer, effective 2 January 2019, according to a statement by the company on Friday.
Liam, who has been with the real estate heavyweight… Read More>>
Facebook has chosen Singapore as the site of its first billion-dollar data center in Asia. The region is home to the tech giant’s fastest growing market and hosts 40 percent of Facebook’s 2.23 billion monthly active users.
“We selected Singapore… Read More>>
Chinese Internet giant Tencent is planning to invest $1 billion into Lianjia, as part of a $2 billion financing round in preparation for a future IPO by China’s largest real estate brokerage, according to a report in the Wall Street… Read More>>
The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted its second new venue in the city within the last month.
The 37,500 square foot (3,483 square metre) Spaces Wai Yip… Read More>>
China’s property-to-entertainment conglomerate Dalian Wanda Group is looking to raise money by potentially selling off part of its stake in AMC Entertainment Holdings, the world’s largest cinema operator, Reuters reported, citing an unnamed insider.
Wanda is said to be exploring… Read More>>
Chinese shadow banking firm, Zhongrong International Trust, has successfully exited from its first income-earning commercial property, selling the Shanghai Zhongrong Trust Building to Shanghai-based Five Bulls Fund for RMB 1.5 billion ($220 million), according to a local news report.
The… Read More>>
Hong Kong’s Chai Wan property market may get a little hotter this month as a converted industrial building is auctioned off on the east end of Hong Kong island.
The 11-storey Johnson Place will be offered to interested buyers via public… Read More>>
Hong Kong’s developing business hub in Kowloon East notched its latest sale of an aging industrial building this week as a local family bought the 25-storey Levertech Center for HK$1.3 billion ($165.60 million).
The buyer of the 118,000 square foot… Read More>>
