Asia Pacific real estate investment news and information
China now has 26 cities with light rail transit networks and two of the world’s longest metro systems, but the world’s most populous nation got a late start at mass transit.
Mainland China’s underground rail networks started with just one… Read More>>
Hong Kong’s Mandarin Oriental Hotel group began testing buyer interest in the Excelsior Hotel in the city’s Causeway Bay district for a sale that could bring the Jardines-owned luxury hotel brand as much as HK$27 billion ($3.4 billion).
The London… Read More>>
Century Bridge Capital has exited from its second joint venture with partner Jingrui Holdings, selling a stake in a $122 million residential project in mainland China it purchased just over a year ago, according to an announcement this week by… Read More>>
China Communications Construction Company (CCCC) is pressing ahead with overseas projects, buying an office tower in the heart of downtown Sydney through a local company it bought three years ago, The Australian reported this week.
John Holland, an Australian builder… Read More>>
Colliers International is ramping up its ability to design and build offices, in addition to leasing, buying and selling them, by welcoming Harco te Lindert as Head of Project Management for China. In this newly created role, the industry veteran… Read More>>
Ending days of speculation and months of negotiations, Blackstone Group on Friday confirmed an agreement to sell its Logicor European logistics platform to China Investment Corporation (CIC) for €12.25 billion ($13.82 billion).
The sale by a set of funds controlled… Read More>>
Leveraged-buyout pioneer KKR has closed on its third pan-Asian fund, after raising US$9.3 billion for private equity investments across the region, the New York-based global investment firm announced Friday. The new vehicle, Asian Fund III, is the largest ever private… Read More>>
CapitaLand is betting on the continued growth of the Shanghai office market, picking up a newly completed office project in the city’s Wujiaochang area for RMB 2.64 billion ($388.6 million), according to an announcement today by the Singapore-listed property giant…. Read More>>
Ascott Residence Trust purchased a 224 room hotel near New York’s Times Square in the Singapore-listed REIT’s third New York hospitality acquisition in under two years, according to an announcement today by Ascott Residence Trust Management (ARTML), which manages the… Read More>>
Hong Kong’s Nan Fung Development has outbid 11 rivals to win a commercial site near the former Kai Tak airport for the record-breaking price of HK$24.6 billion ($3.16 billion), according to a statement from the city government late yesterday.
Although… Read More>>
