Asia Pacific real estate investment news and information
PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin Financial Global Centre from the property’s receivers for HK$5.6 billion ($713 million), confirming a Mingtiandi report from last month.
The… Read More>>
Singapore’s Income Insurance has tapped CBRE Investment Management to manage its $3 billion real estate portfolio, according to a statement on Wednesday, with the news coming just two weeks after its sister company, Mercatus Co-operative, sold a pair of malls… Read More>>
A condo complex on Singapore’s Upper East Coast Road has sold for S$115.3 million ($86.6 million) in the city-state’s first collective sale of 2023, with a consortium of unidentified buyers braving a slowing housing market to pick up the 43-unit… Read More>>
Temasek Holdings-backed ST Telemedia Global Data Centres has completed the sale of a 40 percent stake in its UK-based Virtus subsidiary to Macquarie Asset Management.
The investment by the Australian fund manager will enable the digital infrastructure arm of Singapore’s… Read More>>
In a much-awaited move, China lifted COVID-driven travel restrictions on its citizens on Sunday, with property analysts in Singapore expecting the move to help prop up home sales in the city-state this year as mainlanders turn to the city’s safe… Read More>>
Tokyo-listed Comforia Residential REIT has agreed to acquire seven assets across Japan, including multifamily, student housing and senior living properties, for a total of JPY 11.4 billion ($86 million).
The buildings in Tokyo, Osaka, Kyoto and Saitama prefecture comprise nearly… Read More>>
Less than four months after having its credit rating withdrawn by Fitch Ratings, Alibaba-backed home furnishing mall operator Red Star Macalline Group Corporation is in talks to sell what could be a controlling stake in the company to Chinese state-controlled… Read More>>
Gordon Tang has sold a 1.02 percent interest in Singapore-listed OUE Commercial REIT to his mother and son, as the mainland billionaire and wife Celine continue to build their stake in developer Chip Eng Seng in a bid to take… Read More>>
CapitaLand today announced the largest expansion yet of its renminbi fund management business with the acquisition of a Tishman Speyer office complex in Shanghai at a value of RMB 7.6 billion ($1.1 billion).
CapitaLand Investment’s (CLI) China Business Park Core… Read More>>
Singapore-based Digital Edge has entered the Indian data centre market by setting up a joint venture with Singapore-based AGP Sustainable Real Assets and a state-backed investor to build a portfolio of hyperscale facilities including a $2 billion facility in Mumbai,… Read More>>
