Asia Pacific real estate investment news and information
Japanese investors more than doubled their overseas acquisitions of real estate in Asia Pacific last year to spend $2.24 billion on income-earning properties around the region, at the same time that most other players were stepping back.
After spending a… Read More>>
A joint venture of Mitsubishi Corporation and Digital Realty has opened a second data centre at the NRT campus in Chiba prefecture, growing the partnership’s portfolio to three facilities in Greater Tokyo and seven overall in Japan.
The new 34-megawatt… Read More>>
Springtime in Paris may be a few weeks away, but hospitality deals continue to bloom as South Korea’s Sono International has become the latest Asian investor to acquire a hotel in the City of Light with a €120 million ($130.2… Read More>>
An entity linked to Singapore-based data centre developer and operator BDx has acquired an industrial building that houses the company’s sole data centre in the city-state from Hwa Hong Corp for an estimated S$140 million ($104 million).
After operating a… Read More>>
Hong Kong investor Eric Chu Nap-kee saw the $819 million sale of his Nexxus Building in the city’s Central district rank as Asia Pacific’s second-biggest real estate asset sale of 2023, but he will struggle to enjoy that victory as… Read More>>
With Osaka projected to host over 28 million visitors at the World Expo next year, Tokyo-based Mori Trust has picked up a 300-key hotel in the city from private equity major PAG which could set it up to profit from… Read More>>
Blackstone has turned to an old friend from Singapore to sell a Paris hotel which it had held for more than a decade, with City Developments Ltd having agreed to buy the Hilton Paris Opéra from Blackstone Real Estate Partners… Read More>>
New World Development is selling a shopping centre in Hong Kong’s Tsuen Wan area to Chinachem Group at a one-third discount from its reported asking price, as the Hong Kong-listed builder continues to pare its investment portfolio as part of… Read More>>
A second Hong Kong mansion linked to China Evergrande Group’s fallen chairman Xu Jiayin has been put up for sale after being seized by receivers, as creditors liquidate assets in the wind-up of what was once China’s largest developer.
Receivers… Read More>>
Seletar Mall in northeastern Singapore has moved one step closer to new ownership after SGX-listed Paragon REIT declined to buy the asset for S$550 million ($409 million), paving the way for its potential acquisition by Robert Kuok’s Allgreen Properties.
The… Read More>>
