Asia Pacific real estate investment news and information
Chinese co-working startup Kr Space has completed a new RMB 600 million ($92 million) financing round to accelerate its expansion in China’s top-tier cities, bringing its total funds raised to RMB 1.1 billion ($170 million), the company announced.
The capital… Read More>>
Seasoned valuer Andrew Slevin has taken the reins as Chief Executive Officer of John Foord, a global valuation and appraisal practice, based in Singapore. In the newly created role, Slevin will be responsible for managing John Foord’s business across all… Read More>>
Singapore’s GIC is said to be selling a Waldorf Astoria-branded resort in Hawaii to Blackstone Group for $1.1 billion, marking the second-biggest sale of a single hotel in US history.
The sovereign wealth fund has reportedly reached an agreement with… Read More>>
Lina Wong, long-time head of Colliers International’s Shanghai office, left the company this week as the international property consultancy continues to reshape its Asia operations.
In a message to Colliers’ staff in China seen by Mingtiandi, the company’s APAC CEO… Read More>>
Naked Hub has leased two floors in Sun Hung Kai Properties’ Two Harbour Square in Kowloon East for its third centre in Hong Kong. The Shanghai-based co-working operator is now set to occupy the office tower’s top two floors covering… Read More>>
China’s Ping An Insurance Group and Landsea Group have become the latest mainland investors to wager on the country’s emerging rental housing market, as steep home prices in major cities fuel enthusiasm for the asset class.
Ping An Real Estate,… Read More>>
Country Garden, China’s biggest developer by contracted sales, announced on Tuesday it would raise a combined $850 million through the issue of senior notes in two tranches. The move came just one day after fellow top-ten developer Longfor Properties announced… Read More>>
For the second time in one week, Singapore’s sovereign wealth fund GIC has teamed up with Canadian pension giant CPPIB to buy up residential properties in the US, via a $550 million deal for multifamily assets primarily in the country’s… Read More>>
PGIM Real Estate, a property investment affiliate of Prudential Financial, has sold two buildings at Waterfront Place, an office property in Shanghai’s Putuo District to Blackrock according to JLL which advised PGIM on the disposal.
The US alternative investment giant… Read More>>
Asia’s sexiest real estate investment firm is taking a risqué bet with its latest US investment as Gaw Capital Partners buys a facility formerly used to produce videos of Playboy bunnies.
The Hong Kong-based private equity firm has purchased a… Read More>>
