Asia Pacific real estate investment news and information
Fund manager Kailong Group has agreed to acquire ownership of 90 percent of the space in a New Territories industrial building from the family of Hong Kong’s late “Shop King” Tang Shing-bor, according to sources familiar with the deal.
Kailong… Read More>>
Mainland tech giant Alibaba together with consortium partners led by Perennial Holdings are set to build Singapore’s tallest tower after regulators approved their proposal for a 305-metre (1,001-foot) skyscraper in Tanjong Pagar.
In a grant of written permission dated 7… Read More>>
Hong Kong’s Urban Renewal Authority is preparing for a HK$46 billion ($5.8 billion) mixed-use project in Kowloon, having submitted an application to the Town Planning Board late last month revising a development plan for a site in Kwun Tong.
The… Read More>>
Elite Partners Capital on Tuesday announced its acquisition of a warehouse in the central Netherlands, marking the Singapore-based fund manager’s entry into the Dutch logistics market.
The asset in the city of Nunspeet provides a gross floor area of 30,817… Read More>>
After more than eight years leading real estate investments for KKR in Asia, Bryan Southergill has taken on a new role establishing a property team for Ares Management in the region.
The veteran fund manager started his new role on… Read More>>
It was a busy week for ESR-Logos REIT after its manager announced back-to-back deals, with the S$43.5 million ($32 million) sale of a warehouse in Jurong East to local logistics firm ST Logistics coming on the heels of sponsor ESR… Read More>>
Hongkong Land posted a first-half profit attributable to shareholders of $292 million, reversing a year-earlier loss of $865 million, but the builder remains lukewarm on the full-year outlook as anti-COVID measures roil office leasing in its home patch and sporadic… Read More>>
China Evergrande Group is marketing its Hong Kong headquarters at a valuation of around HK$9 billion ($1.15 billion), with Li Ka-shing’s CK Asset Holdings having placed a bid for the Wan Chai office tower, according to sources who spoke with… Read More>>
SilkRoad Property Partners picked up a portfolio of 14 shophouses in central Singapore’s Chinatown area for over S$110 million ($80 million) in the latest acquisition on behalf of its value-add strategy, according to market insiders who spoke with Mingtiandi.
The… Read More>>
After failing to meet a promised deadline for announcing a restructuring plan, China Evergrande announced late on Sunday that a subsidiary of the mainland developer has lost a RMB 7.3 billion ($1.1 billion) arbitration case brought by a creditor.
