Asia Pacific real estate investment news and information
Property heavyweights GuocoLand and City Developments Ltd submitted the highest bids for two separate northern Singapore projects as the Urban Redevelopment Authority closed the tender for the sites on Tuesday.
For the 1.47 hectare (3.63 acre) site at Lentor Central,… Read More>>
Southeast Asia has been Asia Pacific’s most active data centre development market in 2023, with… Read More>>
Blackstone has purchased Brisbane-based Student One for more than A$500 million ($322 million), according to sources, marking the US private equity giant’s first student accommodation investment in Australia and in the broader Asia Pacific region.
The acquisition comprises three premium… Read More>>
Kenny Lam, chief investment officer for strategic investment at Hong Kong’s Link REIT, has resigned from his role after just over a year on the job, as rising interest rates dent prospects for listed property trusts globally.
Lam is leaving… Read More>>
Norges Bank Investment Management has begun the process of closing its representative office in Shanghai, as the overseer of Norway’s sovereign wealth fund continues to build up its Singapore branch as a hub of activity for all of Asia.
The… Read More>>
Warburg Pincus has expanded its Asia footprint in one of real estate’s hottest asset classes as the private equity firm’s Storhub self-storage takes over a Japanese rival.
Singapore-based Storhub has now completed its acquisition of Storage Plus Corp, which has… Read More>>
Sun Hung Kai Properties reported a full-year profit attributable to shareholders of HK$23.9 billion ($3 billion), down 6.5 percent, as the developer controlled by Hong Kong’s Kwok family narrowed its investment losses and reported solid residential sales in the city.
Data centre leasing in North America is breaking records amid a surge in AI-powered activity by US tech giants,… Read More>>
US investment manager PGIM has appointed Eric Adler as president and CEO of PGIM Private Alternatives, a newly formed business overarching the real estate and private capital divisions.
Adler’s current roles are president and CEO of PGIM Real Estate and… Read More>>
Indian logistics operator IndoSpace has secured an additional $150 million for its fourth development fund, with commitments from the Qatar Investment Authority and Grosvenor boosting the vehicle to a second closing of $393 million.
The investments in IndoSpace Logistics Parks… Read More>>
