Asia Pacific real estate investment news and information
Singapore builder SLB Development is making its first foray into Australian student accommodation as it takes on a more than 400-unit development project in central Melbourne.
SLB lodged a planning application with the City of Melbourne last month to demolish… Read More>>
LaSalle Investment Management is set to launch a pair of long-term rental apartment projects in Shanghai under its newly established COZI brand, as the fund manager ramps up its rental housing portfolio in mainland China.
The property investment subsidiary of… Read More>>
In recent months Korean investors have been reported to have lost as much as 70 percent on US office investments made before the pandemic, but institutions from the home of BTS and Blackpink may still be open to new opportunities… Read More>>
BlackRock is shopping a pair of Shanghai office buildings at a 30 percent discount to what they paid to acquire the properties in the city’s Putuo district six years ago, according to market sources who spoke with Mingtiandi, as record-high… Read More>>
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>>
