Asia Pacific real estate investment news and information
Local Residential, the Australian build-to-rent platform backed by Macquarie Asset Management, has announced an apartment project in central Melbourne with a completed value of A$270 million ($167.8 million).
The development in the inner suburb of Southbank, just south of the… Read More>>
CapitaLand Investment’s attributable profit surged 165 percent to S$479 million ($355 million) in 2024 as the Singaporean real asset manager cut revaluation losses and boosted fee income.
Full-year revenue rose 1 percent to S$2.8 billion, the SGX-listed giant said Thursday… Read More>>
Hong Kong will put commercial land sales on hold for the coming financial year, the city’s financial secretary Paul Chan Mo-po announced on Wednesday, citing “considerable challenges” afflicting the sector and high vacancy rates.
“In view of the high vacancy… Read More>>
Singaporean developer Centurion Corp’s profit more than doubled in 2024, as the specialist in student and worker housing rode a surge in valuations of investment properties.
The company’s full-year attributable profit shot up 125 percent to S$344.8 million ($257 million),… Read More>>
Alibaba Group plans to invest more than RMB 380 billion ( $53 billion) to develop its cloud computing and artificial intelligence infrastructure over the next three years, marking the largest such commitment ever by a Chinese private company.
The Chinese… Read More>>
Investors eager for Singapore’s largest non–government controlled developer to announce its 2024 financials on Wednesday received more excitement than expected when the executive chairman and chief executive officer of City Developments Ltd issued separate statements regarding an alleged struggle for… Read More>>
Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 percent below what a nearby site sold for in 2022, as declining port activity undermines logistics demand in the Asian commercial… Read More>>
Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the developer’s buildings in Central, as the premier office district shows signs of rebounding after a multi-year struggle.
London-based HFW relocated… Read More>>
Osaka hotels continue to attract tourism-led investment, with Orix JREIT on Tuesday announcing plans to buy a 428-key property near the city’s Universal Studios Japan theme park for JPY 35 billion ($230 million).
The TSE-listed REIT is picking up Hotel… Read More>>
Tikehau Capital, the Paris-based fund manager backed by Singaporean state-owned investor Temasek, has set up a joint venture with Japan’s Nikko Asset Management to develop private asset investment strategies tailored to the Asian market.
Incorporated in Singapore at the close… Read More>>
