Asia Pacific real estate investment news and information
Sydney fund manager Centennial Property Group has sold an eight-storey office building in the Harbour City’s North Shore area for A$54.5 million ($38.8 million).
The sale of 182 Blues Point Road in McMahons Point to Winten Property Group, the developer… Read More>>
Singapore’s commercial property rebound has recommenced after the lunar new year break, with a private fund backed by a set of high net worth individuals having agreed to acquire an office building near Tanjong Pagar for S$175 million ($138 million),… Read More>>
Australian builder Lendlease has agreed to sell its 30 percent stake in Singapore’s PLQ Mall to its sponsored REIT for S$265.5 million ($210 million) including equity and assumed debt.
The deal will give Lendlease Global Commercial REIT full control of… Read More>>
Asian industrial giant ESR on Wednesday announced its entry into India’s data centre market with a Mumbai project representing a total investment of INR 9 billion ($100 million).
The future facility in Navi Mumbai’s Rabale area has been pre-leased to… Read More>>
Sydney’s rebounding office market continues to attract commitments from institutional investors, with Singapore’s OUE REIT on Tuesday announcing an agreement to purchase a 19.9 percent stake in the city’s Salesforce Tower.
The SGX-listed trust will be acquiring its slice of… Read More>>
JP Morgan and Goldman Sachs have both upgraded their forecasts for Hong Kong’s housing market, predicting double-digit price gains this year as fresh data bolster signs of a recovery.
With home prices in the city now having risen 10 percent… Read More>>
CapitaLand Ascott Trust has acquired three rental residential assets in the southwest corner of Greater Tokyo for a total of JPY 4.6 billion ($29.8 million), as Asia Pacific’s biggest lodging REIT maintains its focus on the Japanese living sector.
The… Read More>>
Singapore-listed Centurion Accommodation REIT posted net property income of S$36.1 million ($28.5 million) for its inaugural financial period, beating its IPO forecast by 4.1 percent on higher rents and strong occupancy across its worker and student housing properties.
CAREIT’s gross… Read More>>
Lendlease reported a loss of A$318 million ($225 million) for the six months to the end of December, as the Australian builder continues to execute on a multi-year overhaul aimed at scaling back overseas development and focusing on domestic operations.
Melbourne’s beleaguered commercial property market is showing signs of recovery, with the Victoria capital recording what is said to be its biggest office deal so far this year with a reported A$185 million ($131 million) sale of a property in… Read More>>
