Asia Pacific real estate investment news and information
A surge in adoption of artificial intelligence tools is driving demand for computing capacity… Read More>>
Singapore’s Urban Redevelopment Authority on Tuesday released a residential site for sale in the Toa Payoh neighbourhood of the city-state’s central region, as officials continue to roll out plots under the Government Land Sales Programme.
The tender for the 1.57… Read More>>
Swire Properties is picking up a 40 percent stake in two mixed-use projects in Shanghai’s Pudong district at a combined value of $1.33 billion through separate joint ventures with government-backed Lujiazui Group, including a previously announced joint development in the… Read More>>
Singapore-based Well Smart Investment Holdings is acquiring a Sydney hotel project from Chinese-owned developer ICD Property and local firm Belingbak with plans to repurpose the planned A$500 million ($323 million) hotel and residential tower as a hospitality-only development.
Controlled by… Read More>>
It has been just over eight months since ChatGPT was released to the public and the generative AI tool has already set records for adoption while the resource requirements that it creates have been accelerating demand for data centre capacity… Read More>>
Invictus Developments has acquired the former Bank of China Australian headquarters in Sydney for A$52.5 million ($34 million) with plans to convert the 15-storey tower into a luxury hotel as the Singapore-based investment firm assembles a portfolio of Aussie hospitality… Read More>>
City Developments Ltd has acquired a 256-room Osaka hotel for JPY 8.5 billion ($58 million), chalking up the Singapore property giant’s third hospitality acquisition this year.
CDL paid roughly $230,000 per key for the Bespoke Hotel Shinsaibashi, a freehold property… Read More>>
Singapore-listed Frasers Centrepoint Trust is selling a mall near Changi airport for S$338 million ($250 million) to a mainland Chinese family, according to sources who spoke with Mingtiandi.
FCT’s manager told the local bourse on Wednesday that it has entered… Read More>>
GuocoLand’s full-year profit fell 47 percent on lighter investment gains and rising financial costs, but revenue surged 60 percent as the company began recording rental income from the Guoco Midtown office tower.
The Singapore development arm of Malaysia’s Hong Leong… Read More>>
A fund managed by Morgan Stanley Real Estate Investing has partnered with Indian industrial builder Prakhhyat Group to develop a logistics project in Bhiwandi, near Mumbai.
The warehouse will span 700,000 square feet (65,032 square metres) at Prakhhyat Group’s K… Read More>>
