Asia Pacific real estate investment news and information
Baring Private Equity is making Australia’s biggest hotel purchase ever, with the Hong Kong-based firm agreeing to acquire the five-star Hilton Sydney from Bright Ruby Resources for A$530 million ($364.7 million), insiders confirmed on Thursday.
In addition to being the… Read More>>
Sunac China failed to pay $29.5 million in interest on $750 million in senior notes within a grace period that ended Wednesday, sending the mainland’s third-largest developer by contracted sales into default.
In a statement to the Singapore stock exchange,… Read More>>
North American investors Bain Capital and Ivanhoe Cambridge have set up a $1 billion industrial partnership with development giant Lodha, aiming to create 30 million square feet (2.8 million square metres) of operating assets to serve India’s digital economy.
The… Read More>>
Weave Living, through a joint venture with global investor Angelo Gordon, has agreed to purchase a hotel in Hong Kong Island’s Western district for HK$900 million ($115 million) from a property firm controlled by William Cheng, the son-in-law of Henderson… Read More>>
China Oceanwide Holdings’ string of financial calamities continued on Wednesday, with an arbitration court freezing the company’s stake in a Wuhan project just days after its $410 million skyscraper development in Manhattan was seized by creditors.
The China International Economic… Read More>>
Ascendas REIT has made its second foray into the US industrial market, with the Singapore-listed trust agreeing to acquire a portfolio of seven Chicago-area logistics properties for S$133.2 million ($99 million).
The seven assets span 132,344 square metres (over 1.4… Read More>>
An estimated $200 billion worth of fresh capital is likely to be injected into Asia… Read More>>
JLL on Tuesday announced the promotion of Alex Barnes to managing director for Hong Kong and Macau, succeeding Gavin Morgan.
Currently head of agency leasing at JLL Hong Kong, Barnes in his new role will lead the global property consultancy… Read More>>
A joint residential project of City Developments Ltd and Hongkong Land subsidiary MCL Land drew strong interest at its launch weekend, with buyers snapping up 315 of 407 total units at the Piccadilly Grand near Singapore’s Little India neighbourhood.
Located… Read More>>
China Resources Land, the mainland’s eighth-largest developer by contracted sales, has appointed Li Xin as company chairman to replace Wang Xiangming, who stepped down from the post after two and a half years on the job.
Li, 50, joined China… Read More>>
