Asia Pacific real estate investment news and information
Hotel Properties Ltd has acquired the Concorde hotel and mall complex on Singapore’s Orchard Road for S$821 million ($618.7 million), setting the stage for the property’s redevelopment amid a government-led rejuvenation drive in Southeast Asia’s best-known shopping belt.
HPL’s bid… Read More>>
The India unit of real estate investment manager Rava Partners has acquired logistics facilities in Chennai and Pune from rival Indospace for INR 8.4 billion ($99.6 million), according to sources familiar with the transaction.
The acquisitions of the… Read More>>
Defaulted Chinese developer Kaisa Group Holdings is marketing an office floor which serves as its headquarters in Hong Kong, with the strata-titled asset having lost nearly half its value since the company purchased the space over five years ago.
Shenzhen-based… Read More>>
Despite posting revenue and net property income growth of 6.4 percent and 5.8 percent in the six months ended 30 September from the same period last year, respectively, Link REIT’s improving operating performance was unable to offset widening fair value… Read More>>
CapitaLand Investment on Wednesday posted a 6 percent year-on-year rise in fee income for the first nine months of 2024, following the day-earlier announcement of S$261 million ($195.5 million) in fresh capital for the real estate fund manager’s Southeast Asia… Read More>>
BlackRock has named Yoon Pyo (YP) Lee as managing director and head of South Korea, with the former Morgan Stanley Investment Management executive tasked with developing and executing a long-term business strategy in the country for the world’s largest asset… Read More>>
Aravind Maiya stepped down as chief executive of India’s first listed real estate investment trust on Tuesday after the Securities and Exchange Board of India (SEBI) directed the manager of Embassy REIT to suspend him from the position.
The decision… Read More>>
Transactions of income-generating real estate in Australia rose 11 percent to A$8.2 billion ($5.4 billion) in the third quarter compared with year-earlier levels, signalling positive momentum in the market after two lacklustre years, according to MSCI.
While deal volume remains… Read More>>
One of Hong Kong’s richest men is wrapping up a HK$324.7 million ($42 million) purchase of a Kowloon property now worth just over half that amount, thanks to the city’s rapidly declining housing market.
Tai Hung Fai Group… Read More>>
Singapore’s Keppel Ltd has agreed to buy a hyperscale data centre project in western Tokyo from the facility’s developer, real estate giant Mitsui Fudosan, on behalf of a private fund.
The deal follows through on an exclusive framework agreement signed… Read More>>
