Asia Pacific real estate investment news and information
Japanese real estate giant Mitsui Fudosan has paid 85.03 billion yen ($811 million) for an 89-year-old building in Tokyo, a price 183 percent higher than expected by the seller, according to a report in Japan Property Central.
The seller of… Read More>>
A group of investors led by Hong Kong-based Asia Pacific Land have sold the Shiba Park Building, once Japan’s most expensive en bloc asset, for a reported 150 billion yen ($1.4 billion), according to Tokyo-based brokerage Japan Property Central.
Asia… Read More>>
Ping An Real Estate-backed Sasseur REIT has driven Singapore’s biggest equity offering this year by raising S$396.0 million ($301.7 million) via a public listing on the Singapore Exchange. Chinese e-commerce giant JD.com is among the REIT’s cornerstone investors.
Including cornerstone… Read More>>
After disposing of $5.5 billion of overseas real estate and hotel company stakes since the start of 2018, cash-starved HNA Group has now sold eight properties in mainland China worth $1.1 billion so far this month, according to data from… Read More>>
A public tender for a mixed-use commercial and residential site valued at over S$1 billion ($759 million) in Singapore’s Bukit Timah neighbourhood has drawn 15 bids from a roster of property heavyweights including CapitaLand, UOL Group and Lendlease.
Ten consortia… Read More>>
Companies controlled by Singaporean tycoon Kwek Leng Beng and his cousin, Malaysian magnate Quek Leng Chan, have teamed up to buy a prime freehold site in the city’s River Valley neighborhood for S$980 million ($744 million).
The deal is Singapore’s… Read More>>
WeWork has leased four floors in Swire Properties’ Taikoo Shing on Hong Kong island, the company has revealed to Mingtiandi, as the US co-working startup confirms an expansion plan first reported last November.
The 54,000 square foot space in Cityplaza… Read More>>
Singapore once again takes the crown as Asia’s best city for expatriates, according to the Mercer 2018 Quality of Living survey which grades 231 cities according to factors like banking services, political stability, healthcare, electricity and crime. The top placement… Read More>>
What happens when the investor known as Superman decides to hang up his cape? The answer to that question may soon be known after Li Ka-shing announced in Hong Kong today that he would be stepping down from atop his… Read More>>
China Investment Corporation (CIC) is eyeing more exposure to real estate, as the $930 billion sovereign wealth fund plans to hike alternative and direct investments to 45 percent or more of its overseas portfolio within three years, from 38 percent… Read More>>
