Asia Pacific real estate investment news and information
Henderson Land Development has agreed to pay a record HK$50.8 billion ($6.5 billion) for a harbourfront site in Hong Kong, with the successful government land sale coming as confidence returns to the world’s most expensive real estate market.
The developer… Read More>>
Hong Kong-listed ESR announced Wednesday that its shareholders had approved the logistics giant’s $5.2 billion proposed acquisition of ARA Asset Management.
At an extraordinary general meeting earlier that day, 91.81 percent of votes cast were in favour of purchasing 100… Read More>>
Canada’s Oxford Properties and its Australian operating partner Investa have welcomed Japanese property giant Mitsubishi Estate into a joint venture to develop a premium office building in downtown Sydney.
The 39-storey office building and retail precinct, known as Parkline Place,… Read More>>
Private equity giant Blackstone has hired former Morgan Stanley executive Ryusuke Shigetomi to head its operation in Japan as the firm expands its presence in Asia’s second biggest economy.
Formerly vice chairman of Morgan Stanley Global Investment Banking… Read More>>
The rise of Asia Pacific’s tech economy and the resulting tussle among firms to secure top talent have… Read More>>
KKR’s new head of Australia real estate is already having an impact, as the US private equity giant has struck a deal to buy the landmark Sofitel Sydney Wentworth from Frasers Hospitality Trust for A$315 million ($236.7 million).
Singapore-listed FHT… Read More>>
Ascott Residence Trust has agreed to acquire an apartment building near the main campus of the University of Illinois, marking the Singapore-listed REIT’s fourth investment in the US student accommodation market this year.
ART will pay $83.25 million for the… Read More>>
Keppel Corporation’s plan to acquire Singapore Press Holdings’ real estate business is being challenged by a rival bid from an unlikely source: a consortium backed by state holding firm Temasek and hotel tycoon Ong Beng Seng.
Cuscaden Peak, a company… Read More>>
China Oceanwide Holdings suffered another blow to its shrinking real estate empire on Thursday as creditors foreclosed on the cash-strapped developer’s unfinished San Francisco mixed-use project, which had served as collateral for about HK$2.5 billion ($320 million) in notes that… Read More>>
Local builder Lai Sun Development moved to expand its development pipeline this past week, in the midst of Hong Kong’s housing boom, as it topped 16 competing bids to win a residential site in Kowloon Tong for a price of… Read More>>
