Asia Pacific real estate investment news and information
Trades of income-generating real estate in Asia Pacific rose 6 percent to $34.6 billion in the third quarter compared with year-earlier volume, as global investors waded back into the region’s commercial properties after retreating in 2023, according to MSCI.
Global… Read More>>
Hines has made a strategic shift from developing Australian rental residential assets in favour of purchasing properties with near-term income potential, the US developer and fund manager said Tuesday, after local media suggested the company was retreating from the build-to-rent… Read More>>
Singapore’s Urban Redevelopment Authority on Tuesday released three residential sites under the Government Land Sales programme, aiming to capitalise on improving sentiment after newly launched projects saw strong demand.
The site at Bayshore Road on the southeastern coast can yield… Read More>>
Hong Kong-based property investment firm Gale Well Group in the last two months has put up for sale a set of properties worth around a combined HK$1.6 billion ($202 million), as the privately held company’s founder declares plans to take… Read More>>
Singapore’s CapitaLand Investment is reportedly close to acquiring Melbourne-based fund manager Wingate Group, as the Temasek-backed giant carries out a strategic realignment with Australia as a focus market.
The two sides have been in talks for at least three months… Read More>>
Gaw Capital Partners has sold a hotel in California’s Bay Area for a quarter of what it paid to acquire the property eight years ago, as hospitality occupancy and revenue in the tech hub struggle to recover to pre-pandemic levels.
CapitaLand Investment is committing up to A$1 billion ($650 million) to increase its funds under management in Australia, as the Singaporean giant continues to sketch out a strategic shift away from its loss-making real estate bets in China.
SGX-listed CapitaLand… Read More>>
One of Japan’s largest developers just gave a vote of confidence to New York City’s office market with Mori Building announcing late this week that it has acquired an 11 percent stake in supertall One Vanderbilt Avenue from property giant… Read More>>
Less than three months after teaming with Blackstone for the $16 billion buyout of Australia’s AirTrunk, the Canada Pension Plan Investment Board (CPPIB) is continuing its Asia Pacific digital infrastructure push with the formation of a KRW 1 trillion ($714… Read More>>
Chinese Estates Holdings is said to have received bids as low as 35 percent below asking price for an office block in London’s West End, as the Hong Kong-based developer plans to divest one of its last remaining UK investment… Read More>>
