Asia Pacific real estate investment news and information
US private equity giant Blackstone has joined forces with Korean asset manager Blue Cove Investment to acquire an office building in Seoul’s Gangnam business district for KRW 120 billion ($86 million), according to sources familiar with the transaction.
Manhattan-based Blackstone… Read More>>
With just two weeks to go before the big event, senior executives from some of the largest real estate investment managers have joined the roster of speakers set to take the stage at the Mingtiandi Tokyo Forum on 12 November.
A hotel near Hong Kong’s Causeway Bay retail hub has sold for 60 percent less than the former owner’s asking price a year ago, as investors hunt for bargains amid plunging property valuations in the Asian financial centre.
Receivers acting… Read More>>
US fund manager AEW is selling an industrial asset in Singapore’s Woodlands area for between S$153 million and S$154 million ($115.9 million and $117.7 million), market sources confirmed to Mingtiandi on Friday.
The buyer of Admirax, a seven-storey light industrial… Read More>>
Singapore sovereign fund GIC has completed the sale of a central Seoul office tower to an investor group including South Korea’s National Pension Service and Koramco Asset Management for KRW 247.7 billion ($180 million).
The deal value for The Exchange… Read More>>
The Carlyle Group has sold a Shanghai office building for just over half of the price it paid to acquire the asset in 2015, as vacancy in the city’s office market continues to hover near record high levels amid… Read More>>
Rent-to-Live Co, the build-to-rent venture founded by Scape Australia principals Stephen Gaitanos and Craig Carracher, has launched a 1,000-apartment mixed-use precinct in Sydney, aiming to invest A$1.5 billion ($1 billion) to help ease a local housing crunch.
Backed by Dutch… Read More>>
Schroders has launched a fresh marketing campaign for a Kowloon residential block with the UK investment manager offering the building at 176 Nathan Road in Tsim Sha Tsui at a third off of its HK$600 million ($77,218 million) purchase price… Read More>>
With investors anticipating a rebound in Korea’s logistics market, Blackstone has teamed with Seoul-based Pebblestone Asset Management to acquire a warehouse facility near the Korean capital for KRW 83.5 billion ($60.4 million).
The US investment giant has invested in a… Read More>>
Parkway Life REIT has agreed to acquire 11 nursing homes in France for €111.2 million ($120.4 million), marking the Singapore-listed trust’s maiden investment in Europe.
Healthcare-focused PLife REIT is buying the properties from operator DomusVi Group and will lease them… Read More>>
