Asia Pacific real estate investment news and information
Global property consultancy CBRE has beefed up its service offerings with a string of recent deals, including the planned acquisition of a 60 percent stake in UK-based project management specialist Turner & Townsend.
In the all-cash transaction, CBRE will pay… Read More>>
Despite the improving pandemic situation and rising property sales in Hong Kong, interest in buying homes fell by three percentage points to 14 percent in the second quarter of 2021, according to a Citibank survey on residential property ownership.
In… Read More>>
Hong Kong-listed ESR is about to become the largest real estate fund manager in Asia Pacific as the industrial real estate specialist today announced an agreement to acquire ARA Asset Management for $5.2 billion.
ESR together with ARA announced the… Read More>>
The latest financial results released by blue chip developer Swire Properties highlight a growing trend in Hong Kong’s office market, as large occupiers flee the punishing prices of the city’s traditional business hubs in favour of lower rents at high-spec… Read More>>
A unit of Singapore’s Keppel Corporation has formed a joint venture with Shanghai-based developer Topchain to manage investment properties, mainly offices and business parks, with asset enhancement potential in China.
The indirect wholly owned subsidiary, Keppel Yong Da Property Management… Read More>>
Moody’s Investors Service has downgraded the credit-worthiness of China Evergrande Group and three of its subsidiaries, dealing a fresh blow to the mainland’s most indebted developer.
The agency slashed the corporate family ratings for Evergrande and its principal domestic unit,… Read More>>
Hanison Construction Holdings has agreed to sell a half-stake in an eastern Hong Kong Island logistics asset and its full ownership in a Kowloon East industrial building for a combined HK$933 million ($120 million).
Hanison, controlled by the Cha family… Read More>>
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of real estate assets, in a cash-and-scrip deal valuing the Straits Times publisher at S$3.4 billion ($2.5 billion).
Under an agreement between the two firms announced… Read More>>
The world’s best known provider of securities indexes is expanding its reach into the alternative investment sector as MCSI today announced that it has agreed to buy Real Capital Analytics for $950 million.
The deal gives the former unit of… Read More>>
Debt-saddled developer China Evergrande Group continues to reduce its shareholding in its Hong Kong-listed internet division, HengTen Networks Group, as it announced plans yesterday to offload a HK$3.25 billion ($420 million) stake.
The news comes less than two months after… Read More>>
