Asia Pacific real estate investment news and information
A logistics fund sponsored by a Warburg Pincus-backed industrial developer is on track to become China’s first REIT sponsored by a private company after receiving a green light from mainland authorities this past week.
The status of the listing application… Read More>>
Hong Kong developer Wang On Properties will sell a building at 128-130 Main Street on Ap Lei Chau island to its joint venture with Dutch fund manager APG for HK$554.8 million ($70.6 million), with the partners planning to redevelop the… Read More>>
Shimao Group has agreed to sell its stakes in two Beijing residential projects to red-chip developer China Resources Land for RMB 3.3 billion ($480 million), continuing this year’s theme of state-owned enterprises bailing out distressed mainland builders.
Shimao’s interest comprises… Read More>>
Guangzhou R&F Properties swung to a net loss of RMB 6.9 billion ($1 billion) in the first half of 2022 from the RMB 3.2 billion net profit it booked in the same period a year ago, adding to the challenges… Read More>>
If questions remained about Hong Kong-based Link REIT’s dedication to the hometown cause, they should be laid to rest after Asia’s largest listed trust bested four other bidders to clinch a Kowloon East commercial site for HK$766 million ($97.6 million).
The flagship Asia Pacific strategy of US developer and fund manager Hines has entered Melbourne with the acquisition of two logistics properties from Honda Australia.
A project near the Melbourne airport in the suburb of Tullamarine will be the first… Read More>>
Hong Kong developer Chinachem has agreed to pay HK$451.2 million ($57.5 million) for a majority stake in a Hong Kong-listed senior care provider as the company prepares to expand into healthcare and senior living.
Privately held Chinachem will acquire a… Read More>>
Taikoo Li Qiantan shopping mall, a Swire Properties joint venture in Shanghai’s Qiantan area, has apologised for violating Chinese data privacy rules after it shopping app caught the attention of a local consumer watchdog.
The state-run Shanghai Morning Post said… Read More>>
M&G Real Estate has set up a long-term partnership with industrial giant ESR to develop a portfolio of logistics properties in Japan, with the UK-based fund manager to deploy up to $350 million in equity towards the cause.
The partnership… Read More>>
Singapore’s GIC is said to be putting up capital for one of the biggest bets on US office space this year as commercial real estate investor and operator Workspace Property Trust announced a $1.13 portfolio investment late on Monday.
The… Read More>>
