Asia Pacific real estate investment news and information
HSBC Asset Management (HSBC AM) has completed its acquisition of SilkRoad Property Partners and appointed Peter Wittendorp, founder and former chief executive officer of the Singapore-based private equity firm, to lead its real estate business in Asia Pacific.
The transaction… Read More>>
Weave Living continues to expand its network of investors and its portfolio of properties, with the rental residential investor and operator announcing on Friday that it has formed a joint venture with a BlackRock fund to purchase a Singapore serviced… Read More>>
A fund managed by Goldman Sachs is buying a set of floors in a Tokyo office tower for JPY 41.2 billion ($281 million) as the US investment bank’s asset management division continues to ramp up its real estate business in… Read More>>
KKR on Wednesday announced the $6.4 billion final close of its second Asia-dedicated infrastructure fund, with the US buyout giant having already deployed more than half of the vehicle’s committed capital across 10 investments.
The fund, dubbed KKR Asia Pacific… Read More>>
Singapore’s CapitaLand Investment (CLI) has sold its majority shareholding in a RMB 2.4 billion ($340 million) Beijing office building to AIA Life Insurance as the life insurer continues to snatch up properties amid mainland China’s real estate downturn.
CLI divested… Read More>>
A real estate arm of state-owned China Resources Group has acquired a retail podium in Hong Kong’s Kwai Fong area from local investor Francis Law Sau-fai for HK$310 million ($39.7 million), with property owners in the Asian financial centre showing… Read More>>
The third generation is taking the helm at one of Hong Kong’s oldest and largest property developers, with Hang Lung Properties on Tuesday announcing the appointment of Adriel Chan as chairman to succeed his father, Ronnie Chan, who is retiring.
Singapore-listed Keppel REIT posted a 2 percent drop in distribution per unit for 2023 as borrowing costs jumped 16 percent and interest income plunged 70.9 percent.
Full-year net property income rose 3.7 percent to S$182.4 million ($136.2 million), boosted by… Read More>>
China Evergrande Group was issued a wind-up order by Hong Kong’s High Court on Monday, setting in motion the liquidation of a company once ranked as China’s largest developer as it struggles with $329 billion in debts against $240 billion… Read More>>
TE Capital Partners and LaSalle Investment Management have completed their S$450 million ($331 million) acquisition of the VisionCrest Commercial building in Singapore’s Orchard area, finalising the biggest office deal announced in the city-state in 2023.
The joint venture is between… Read More>>
