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Equalbase chief executive Nicholas Bischoff

Stonepeak-Backed Equalbase Developing $58M Greater Seoul Facility

2024/05/09 by Christopher Caillavet Leave a Comment

Logistics builder Equalbase on Thursday announced its acquisition of a freehold land plot southeast of Seoul, with the company planning to develop a warehouse at a total cost of KRW 79 billion ($58 million).

The Icheon-Baeksa project will comprise 41,800… Read More>>

Lu Zhiqiang China Oceanwide

China Oceanwide’s LA ‘Graffiti Project’ Up for Sale After Creditors Sue Developer

2024/05/08 by Christopher Caillavet Leave a Comment

Two months after making global headlines for being one of the world’s largest graffiti takeovers, a downtown Los Angeles project by China Oceanwide Holdings has been put on the market after creditors and stiffed contractors sued the troubled builder earlier… Read More>>

NTT president and CEO Akira Shimada

Japan’s NTT Said in Talks to Buy Stake in Philippines’ PLDT Data Centres for $750M

2024/05/08 by Beatrice Laforga Leave a Comment

Philippine telco giant PLDT, is said to be in talks to sell nearly a half stake in its data centre business to Japanese telecom group NTT in a deal that would potentially value the digital infrastructure unit at $750 million,… Read More>>

J6 Front Tokyo

APAC Cap Rates to Keep Climbing as Property Investment Remains Muted: CBRE

2024/05/08 by Christopher Caillavet Leave a Comment

Investors hoping to sell properties in Asia Pacific over the next six months may have to offer buyers a steeper rate of return as interest rate cuts prove slow to materialise and risk appetites shrink, according to CBRE.

For grade… Read More>>

Kensuke Kudo KKR

KKR Teams Up With Marriott to Launch Japan Hotels After Unizo Buy

2024/05/07 by Christopher Caillavet Leave a Comment

KKR has put a US brand on a set of 14 hotels that it acquired last year through its takeover of Japanese hospitality operator Unizo, with the properties to be managed under Marriott International’s Four Points Express by Sheraton.

The… Read More>>

Hubert Chak, Executive Director and CEO, SF REIT

SF REIT, Gaw, Asia Green, MSCI to Size Up Mainland China at Hong Kong Forum

2024/05/07 by Christopher Caillavet 1 Comment

A panel of distinguished experts will explore investment opportunities in mainland China as part of the afternoon session at next Tuesday’s Mingtiandi Hong Kong Forum.

The panel brings together Hubert Chak, executive director and CEO of SF REIT; Humbert Pang,… Read More>>

Pacific Place

Swire Keeps Hong Kong’s Pacific Place Near Full Occupancy as Rents Drop 17%

2024/05/07 by Kevin He Leave a Comment

Swire Properties maintained nearly full occupancy at its Pacific Place office towers in Hong Kong’s Admiralty area in the first quarter, but at the cost of 17 percent lower rents.

The Hong Kong-listed developer saw occupancy across its One, Two,… Read More>>

Kohei Kawai, head of research for Colliers Japan

Tokyo Office Rents Inched Upward in Q1 as Tenants Seek Upgrades

2024/05/06 by Beatrice Laforga Leave a Comment

Tokyo’s office market continues to defy the global deskspace doldrums with rents expected to continue rising and vacancy to remain tight for the rest of 2024, signaling further strength for one of Asia’s hottest real estate investment destinations.

Average Grade… Read More>>

Keith Crouch, head of private capital index research and product development at MSCI

Senior Debt Funds Top Global Returns as Real Estate, VC Fade: MSCI

2024/05/06 by Christopher Caillavet Leave a Comment

Senior debt funds saw the highest annual return among major private asset classes in 2023 as real estate funds delivered the worst global performance, according to an analysis by MSCI.

The data provider said senior debt funds generated an internal… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

CapitaLand India Trust Boosts Hyderabad Bets with Latest Business Park Acquisition

2024/05/05 by Beatrice Laforga Leave a Comment

CapitaLand India Trust (CLINT) is set to add to its collection of 12 office buildings in Hyderabad after announcing a fresh deal with long-time partner Phoenix Group this past week.

In a bourse filing Friday, the trustee-manager of the SGX-listed… Read More>>

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