Asia Pacific real estate investment news and information
Dutch pension fund manager APG and Singapore’s CapitaLand Investment are committing up to S$1.14 billion ($810 million) to take over and expand the region’s largest self-storage operator, Extra Space Asia, according to a joint announcement Thursday.
The two property heavyweights… Read More>>
With student visa applications in Australia having hit their highest level ever in June, according to government statistics, the country’s largest provider of university housing is welcoming the arrival of some fresh cash thanks to Canada’s Ivanhoe Cambridge.
The real… Read More>>
American architecture giant Skidmore, Owings & Merrill has revealed its design for an Alibaba-backed tower soaring 350 metres (1,148 feet) in height to become Singapore’s tallest skyscraper upon completion.
The 63-storey mixed-use development at 8 Shenton Way in the Tanjong… Read More>>
Despite facing what chairman and chief executive Stephen Schwarzman calls “one of the most difficult periods for markets in decades” Blackstone has now raised $8.06 billion in committed capital for its Asia Pacific opportunistic real estate fund, according to a… Read More>>
A tender for a set of Singapore malls is down to two contenders, with SGX-listed Frasers Property and Hong Kong’s Link REIT battling it out for the assets belonging to Mercatus Co-operative, in what would be the city’s biggest property… Read More>>
Swire Properties has taken another step toward fulfilling a HK$50 billion ($6.4 billion) mainland China investment plan by partnering with state-owned China Tourism Group Duty Free Corporation Limited (CTG Duty Free) to develop a resort-style retail complex in Hainan province.
Moody’s Investors Service on Tuesday downgraded Fosun International and gave the mainland conglomerate a negative outlook, citing a prohibitive short-term debt load, but not before the Chinese conglomerate announced that it was terminating its relationship with the rating agency.
Moody’s… Read More>>
ESR has closed the sale of its office tower at 73 Miller Street in North Sydney for A$400 million ($253 million), as the industrial specialist looks to unload pieces of its Australia-based Propertylink portfolio.
Investment banking giant UBS purchased the… Read More>>
Embattled Chinese builder Sino-Ocean Group Holding has received a bailout from its largest shareholder China Life Insurance (Group) Company.
Sino-Ocean Group will sell its entire 10 percent stake in the China Life Financial Centre office tower in Beijing to two… Read More>>
After raising $3.5 billion earlier this year to invest in real estate opportunities globally, Goldman Sachs Asset Management is taking aim at China’s warehouse sector.
In a joint announcement today, the asset management division of white-shoe investment bank Goldman… Read More>>
