Asia Pacific real estate investment news and information
Beaten-down shares took a toll on the wealth of Hong Kong’s real estate tycoons in 2023, with Li Ka-shing successfully defending his title of richest Hongkonger despite his fortune shrinking 7.2 percent to $36.2 billion.
CK Asset boss Li and… Read More>>
With Seoul finishing 2023 as one of the world’s strongest office markets, Keppel REIT could be set to cash in the sturdy rents and resilient capital values in the Korean capital, as it markets an office tower in the city’s… Read More>>
Bridgestone is selling a housing compound in Tokyo’s upscale Roppongi area for more than JPY 63.3 billion ($423 million) above its book value, as the auto supplier parts with a property which has been on its balance sheet since 1897.
Dutch pension fund manager APG has committed more than $400 million to a Korean logistics core fund set up with longtime partners ESR and the Canada Pension Plan Investment Board.
ESR Korea Logistics Core Fund is a continuation of the… Read More>>
Lendlease posted a fiscal first-half loss after tax of A$136 million ($89.2 million), narrowing from a year-earlier loss of A$141 million but casting doubt on the trajectory of the troubled Australian builder’s comeback.
Stung by a A$125 million drop in… Read More>>
A Japanese REIT managed by KKR is ramping up its industrial portfolio with a proposed purchase of JPY 108.3 billion ($700 million) in logistics assets across Asia’s second-largest economy, the TSE-listed trust said on Thursday.
Industrial & Infrastructure Fund Investment… Read More>>
A fund managed by TSE-listed real estate company Loadstar Capital is selling a central Tokyo office building for JPY 32.1 billion ($213 million), achieving a 30 percent mark-up from the price it paid to acquire the 13-storey tower less than… Read More>>
Singapore investors continue to shop for office building bargains Down Under, with members of the city-state’s Ho clan acquiring an commercial tower in North Sydney from a fund managed by Dexus for A$95.5 million ($62 million), Mingtiandi has learned.
In… Read More>>
Japan Prime Realty Investment Corporation, a TSE-listed REIT, has agreed to acquire a 53 percent stake in a central Tokyo office building for JPY 28.8 billion ($190 million).
Nakano Central Park East, developed by JPR sponsor Tokyo Tatemono, is a… Read More>>
Four years after setting up a dedicated real estate division and a year and a half after closing on $2 billion in capital for that strategy, Hillhouse Investment has given its property division an independent identity as Rava Partners, according… Read More>>
