Asia Pacific real estate investment news and information
Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.
Noting that… Read More>>
Sun Hung Kai Properties (SHKP) has named three new executive directors to its board as the Hong Kong-listed giant battles rising interest rates and a slowing residential property market.
Among the set of appointments is Albert Lau, a former head… Read More>>
Savills Investment Management has launched its second UK-focused fund backed by the family office of ARA Asset Management founder John Lim, this time for a build-to-rent development strategy.
The fund aims to raise £200 million ($241 million) for development of… Read More>>
A joint venture between Dutch pension fund manager APG Asset Management and Singapore healthcare-focused private equity firm CBC Group has acquired a pair of Beijing assets at a cost of over $180 million in the latest show of confidence in… Read More>>
Hong Kong-listed ESR achieved what it termed a “stellar performance” for the first half of 2022, with the real asset manager’s earnings before interest, tax, depreciation and amortisation rising 15.3 percent year-on-year to reach $665 million.
The pro forma results… Read More>>
China on Tuesday announced four separate investigations of current and former senior executives at three of the country’s largest state-owned real estate companies over allegations of “serious violations of discipline and law”.
A notice posted by the anti-corruption office in… Read More>>
Dutch pension fund manager APG Asset Management on Wednesday announced the promotion of Thijs Aaten to chief executive for Asia, replacing departing Asia boss Wim Hazeleger, at the same time that it named a new chief finance and risk officer… Read More>>
JD Logistics narrowed its first-half loss and saw revenue jump 20.9 percent year-on-year to RMB 58.6 billion (now $8.5 billion), as the Chinese warehouse operator weathered uncertainties in the macro environment and the resurgence of COVID-19 at home.
The logistics… Read More>>
Japan’s overstretched travel industry could be providing an investment opportunity for yet another international private equity firm, as PAG is reported to be in talks for a JPY 90 billion ($655 million) acquisition.
The Hong Kong-based fund manager is tipped… Read More>>
Google on Tuesday announced the start of operations at its third data centre in Singapore, a multi-storey development in Jurong, as part of festivities celebrating 15 years of the US tech giant’s presence in the city-state.
The power-up of the… Read More>>
