Asia Pacific real estate investment news and information
Frasers Property is proposing to take SGX-listed Frasers Hospitality Trust private in an all-cash deal that values the REIT at S$1.35 billion ($970 million), according to a joint announcement on Monday, as the hospitality sector continues to face headwinds.
Also… Read More>>
Jingrui Holdings has joined the growing list of Chinese developers cutting ties with their auditors, with the company announcing that Big Four accounting firm PwC exited the role late last month.
At the request of Jingrui’s board, PricewaterhouseCoopers resigned as… Read More>>
Hong Kong’s SEA Holdings this week acquired its second luxury residential site in four months, and is on the way to building a HK$900 million ($114.6 million) housing project targeting wealthy mainland tenants in the city’s Jardine’s Lookout neighbourhood.
Having… Read More>>
The family behind Singapore’s Lian Beng Group is on the move with two generations of the Ong clan announcing deals this past week, including an S$49.25 million ($35.67 million) purchase near Paya Lebar revealed on Friday.
Singapore-listed Lian Beng told… Read More>>
Equinix continues to expand in India’s biggest server-hosting market, with the US giant announcing plans to build its third Mumbai data centre at an initial investment cost of more than $86 million.
The initial investment includes the acquisition of a… Read More>>
BlackRock is taking on a 190,000 square metre (2 million square foot) development project outside of Beijing as the investment manager expands its exposure to China’s logistics real estate sector.
The US asset management giant is developing the distribution centre… Read More>>
SLB Development on Thursday announced its acquisitions of a Singapore commercial complex and a Melbourne office building for a total of $46 million.
SLB has agreed to buy 30 and 31 North Canal Road, a pair of four-storey buildings near… Read More>>
The Singapore real estate market enjoyed its strongest start to a year in a decade thanks largely to foreign players driving a 21 percent annual increase in transactions of income-earning assets in the first quarter, according to MSCI.
Trades of… Read More>>
Japan’s Nomura Securities is surrendering an entire floor in Hong Kong’s second-tallest office tower, having terminated its lease for the 26th floor at Two International Finance Centre last month, according to local media accounts.
After handing back the 23,076 square… Read More>>
A new leader is set to take the reins at a key non-profit serving Asia’s property investor community, with ANREV on Tuesday announcing the appointment of Charles Haase as the organisation’s next chief executive.
Haase most recently served as a… Read More>>
