Asia Pacific real estate investment news and information
Hongkong Land on Monday announced a new lease with Ares Management that will see the US investment firm double its office space at the Jardine Matheson-controlled builder’s Gloucester Tower in Hong Kong’s Central district.
Effective March 2026, Ares will add… Read More>>
There have been numerous reports of declining property values in China, but a transaction late last month may provide the first example of a near half-stake in a Shanghai five-star hotel trading for the cost of an upscale condo.
Metro… Read More>>
Nippon Building Fund is starting the new year with a new look for its portfolio, with the Japanese REIT agreeing to acquire interests in two commercial assets for a total of JPY 46.9 billion ($300 million) and sell a 1990s-era… Read More>>
South Korea’s IGIS Asset Management has sold a Seoul office building to Kyobo AIM Asset Management for $178 million, completing a deal that set a new mark for pricing in the capital’s trendy Seongsu district east of downtown.
The transaction… Read More>>
OUE REIT is in exclusive talks to acquire a stake in Sydney’s Salesforce Tower, according to an announcement by the manager of the Singapore-listed trust on Thursday, with local news reports citing a value of A$1.8 billion ($1.2 billion) for… Read More>>
Daibiru Corp has acquired what it calls a major stake in a London office building reportedly put on the market last year for £300 million ($403.2 million) by the seller, fellow Japanese property player Mitsubishi Estate.
The eight-storey Warwick Court… Read More>>
Singapore’s CapitaLand Investment has acquired a minority stake in Taiwan-based builder Ally Logistic Property, with the companies announcing plans to develop an automated warehouse in the city-state with an estimated project cost of S$260 million ($202.6 million).
Known as Omega… Read More>>
Hong Kong property investors continue to suffer from the decline of the city’s commercial real estate values, with a cash-strapped player recently parting with a floor in the Bank of America Tower for more than a third less than the… Read More>>
Singaporean giant GIC and Japan’s Tosei Asset Advisors have launched a bid to buy Sankei Real Estate, a Tokyo-listed commercial REIT, for JPY 58.4 billion ($372.6 million).
The tender offer by the $800 billion sovereign fund and the unit of… Read More>>
Global investment managers continue to find gold in self-storage units, with StoreLocal, a mini-shed platform controlled by BlackRock, announcing on Wednesday that it has agreed to acquire a set of properties in Perth, Australia from entities controlled by Blackstone.
StoreLocal… Read More>>
