A luxury house in Hong Kong’s prestigious Peak area was sold to a Chinese buyer for HK$838 million ($107 million) in a rare purchase of a super-luxury property by a mainlander amid the city’s protracted property slump.
The mansion at… Read More>>
Asia Pacific real estate investment news and information

A luxury house in Hong Kong’s prestigious Peak area was sold to a Chinese buyer for HK$838 million ($107 million) in a rare purchase of a super-luxury property by a mainlander amid the city’s protracted property slump.
The mansion at… Read More>>

PGIM Real Estate has agreed to acquire a boutique hotel in Hong Kong’s Sheung Wan district as the fund manager continues to snap up hospitality assets in the Asian financial centre for conversion into rental housing.
The property investment arm… Read More>>

Investment in Singapore real estate is expected to jump 10 percent this year to as much as S$23 billion ($17.1 billion), driven by residential and retail transactions, according to Savills.
The bullish forecast takes into account rising activity in government… Read More>>

Singapore’s transport minister S. Iswaran on Thursday was slapped with 27 charges, including two counts of corruption related to assisting Ong Beng Seng, co-founder of SGX-listed Hotel Properties Ltd, to secure agreements for one of his companies with the country’s… Read More>>

A site in Singapore’s western suburbs fetched richer offers than a plot in the city-state’s downtown on Thursday, as interest rates put prime land outside of the reach of many developers and home purchase restrictions crimp the market for high-end… Read More>>

A Singapore developer controlled by the family of Shangri-La Hotel founder Robert Kuok is in talks to acquire a shopping centre in northeastern Singapore from a joint venture between Temasek Holdings-backed Cuscaden Peak and Yanlord Land’s United Engineers Ltd (UEL)… Read More>>

US private equity firm General Atlantic has agreed to acquire London-based Actis for an undisclosed price, creating a global investment platform with $96 billion in combined assets under management, the companies announced Tuesday.
Actis, which has raised $25 billion in… Read More>>

With big ticket office deals becoming an endangered species in the real estate kingdom, PGIM Real Estate has decided to sell off a building in Singapore’s central business district floor by floor, taking advantage of record pricing for smaller scale… Read More>>

BlackRock has promoted Susan Chan to head of Asia Pacific, continuing a series of recent high-level people moves at the world’s biggest asset manager.
Chan previously filled the roles of deputy head of Asia Pacific and head of Greater China…. Read More>>

LaSalle Investment Management has sold a logistics facility on the outskirts of Seoul to local fund manager Pacific Asset Management Co. (PAMCO) for KRW 125 billion ($95 million).
LaSalle sold the 39,927 square metre (429,770 square foot) Logiport Osan Logistics… Read More>>