Asia Pacific real estate investment news and information
The manager of Keppel DC REIT, which owns more than one million square feet of data centre space, has appointed Christina Tan as chairman of the board of directors of the Singapore-listed trust, effective Wednesday.
The new role comes in… Read More>>
Hong Kong’s Central district has become the place where office price records go to be shattered. Less than a week after a floor in 9 Queen’s Road Central sold for a city-wide record of HK$60,000 ($7,643) per square foot, a… Read More>>
JP Morgan has signed up as the first anchor tenant of CapitaLand’s latest skyscraper in downtown Singapore, with the financial services firm agreeing to lease 155,000 square feet of office space spanning seven stories – almost a quarter of the… Read More>>
Hong Kong-based alternative investment firm PAG is planning a new Asia buyout fund with a target of $6 billion, according to a Reuters account citing people with knowledge of the plan. PAG has reportedly started canvassing investors about the vehicle… Read More>>
The cost of shelter in Hong Kong continues to defy the laws of gravity, after new home prices in the city surged by 18 percent last quarter to the second-highest level since 1996. But while the ongoing housing boom in… Read More>>
Gaming and property tycoon Stanley Ho is joining the ranks of Hong Kong’s retired billionaires, after announcing that he will step down as chairman of Macau casino operator SJM Holdings.
The retirement of the 96-year-old magnate, who also founded property… Read More>>
Global co-working giant WeWork is acquiring Shanghai-based naked Hub for a reported $400 million with the two parties issuing a joint statement today.
“China-born naked Hub and WeWork may come from vastly different backgrounds, but there is more that binds… Read More>>
Swire Properties is building a foothold in southern Hong Kong Island, as the blue-chip developer this week celebrated the topping out of South Island Place, its first office project in the gentrifying hub of Wong Chuk Hang.
The 28-storey, grade… Read More>>
Shanghai-based Yanlord Land is jumping into Singapore’s residential market for the first time, teaming up with Hongkong Land subsidiary MCL Land to snap up a prime en bloc site in the city-state for S$906.9 million ($691.5 million).
The deal for… Read More>>
The developer of Thailand’s tallest skyscraper is buying back its stake in Bangkok’s MahaNakhon tower from Goldman Sachs and Apollo Global Management for up to 10 billion baht ($320 million).
Local builder Pace Development, which sold the stake in the… Read More>>
