Asia Pacific real estate investment news and information
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>>
Brookfield has agreed to acquire industrial assets in Hong Kong’s New Territories from Hanison Construction for HK$211.3 million ($26.9 million), following closely behind the Canadian asset management giant’s under-the-radar purchase of local self-storage operator RedBox.
The assets comprise workshops 1… Read More>>
Perennial Holdings has teamed up with Far East Organization and its Hong Kong-based sister firm Sino Land to buy the Golden Mile Complex in Singapore for S$700 million ($505 million), as they plan to transform the iconic property into an… Read More>>
Just two months after announcing a residential project with SC Capital on Ap Lei Chau Island, a Hong Kong redevelopment specialist on Thursday unveiled a joint venture with BentallGreenOak and Schroders Capital to develop a commercial project in Tsim Sha… Read More>>
Heitman has acquired an industrial building in Hong Kong’s Fanling area from a grandson of New World founder Cheng Yu-tung for a reported HK$450 million ($57.33 million), with the US fund manager planning to transform the asset into a refrigerated… Read More>>
The UK’s Intermediate Capital Group is expanding its private real estate fund business to Asia Pacific and has hired four former ARA Asset Management executives to lead the initiative as Western investment institutions continue to expand their footprint in the… Read More>>
