Asia Pacific real estate investment news and information
Hong Kong’s Gaw Capital Partners has completed its acquisition of seven Japanese logistics assets from Blackstone, with the family-controlled firm planning to unlock the “hidden value” of the portfolio through a series of value-add strategies.
The warehouse set spans 253,200… Read More>>
Sunac China Holdings issued an updated profit warning on Tuesday, pointing to an evaporation in earning power as the troubled developer grapples with billions of dollars in debt and an ongoing winding-up petition.
For the full year of 2021, Sunac… Read More>>
GIC has joined forces with US private equity firm Centerbridge Partners on a proposed takeover of Indus Realty Trust, chalking up the Singapore sovereign wealth fund’s third pitch to buy out a North American REIT since September.
Under the terms… Read More>>
An APAC player is having a go at building a WeWork-style empire, with newcomer Flexi Group announcing its consolidation of three regional operators to create what it bills as Asia Pacific’s largest operator of flexible workspaces.
The startup led by… Read More>>
A project once destined to become home base for China Evergrande Group in Shenzhen has been sold to a buyout group organised by the local government for RMB 7.54 billion ($1.05 billion) as the mainland builder continues to be stripped… Read More>>
Singapore’s red-hot housing market is extending its reach even to far-flung Tengah Town, as an executive condominium by City Developments Ltd has sold out just one month after the project’s launch in the western planning area.
All of the remaining… Read More>>
In today’s roundup of regional news headlines, analysts applaud China’s 25-basis-point RRR cut but say further measures are needed, developer CIFI escapes a short-lived winding-up attempt, and an investment vehicle owned by APG and GIC acquires a Paris hotel.
Mainland billionaire couple Celine and Gordon Tang are moving to further consolidate control over their Singapore property empire by taking developer Chip Eng Seng private in an all-cash buyout offer that values the company at S$565 million ($411 million).
The… Read More>>
Sun Hung Kai Properties has bested three competing bidders to win a tender for a retail site in Hong Kong’s Kowloon East, at a price more than 50 percent less per square foot than what Link REIT paid in late… Read More>>
The development division of Singapore’s CapitaLand Group has hired away rival Keppel Land’s chief operating officer to head up its growing China operations.
Ben Lee has been named chief executive officer of CapitaLand Development (China) as of 1 November and… Read More>>
