Asia Pacific real estate investment news and information
ASX-listed Cromwell Property Group said Wednesday it has tied up with South Korean real estate investor IGIS Asset Management to buy a set of Italian logistics assets from express giant DHL for €52.5 million ($61.6 million).
The DHL portfolio comprises… Read More>>
GDS Holdings has set up a RMB 2.6 billion ($371 million) joint venture with a private fund management unit of state-run investment firm CITIC to develop a new data centre in suburban Beijing, as the mainland server facility specialist ramps… Read More>>
CapitaLand is investing an initial INR 10.5 billion ($140.2 million) to build the first phase of a new IT park in Chennai, reflecting the Singapore-based real estate giant’s optimism that demand for office space will rebound despite a Covid-19 driven… Read More>>
Warehouse properties in Vietnam have gained fresh appeal with investors across emerging markets in Asia, benefiting from an e-commerce… Read More>>
Link REIT has moved forward with its first acquisition in the western hemisphere as the Hong Kong-listed real estate investment trust today announced a deal to purchase 25 Cabot Square in London for £371.4 million ($475 million).
Asia’s largest REIT… Read More>>
Keppel Corp said late Thursday that its Alpha Data Centre Fund will invest RMB 1.5 billion ($213.7 million) to develop a greenfield data centre in Guangdong province, marking the Singapore-based conglomerate’s first foray into mainland China’s booming data centre industry.
Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73 percent loss.
According to Land Registry records cited by the Hong Kong Economic… Read More>>
A top strategist from Li Ka-shing’s CK Asset has joined the board of defaulting developer Goldin Financial Holdings as rumours fly of buyouts and restructuring in Hong Kong’s real estate world.
Gerald Ma Lai-chee, an executive with 24 years of… Read More>>
The sudden departure of Millennium & Copthorne Hotels CEO Clarence Tan, after helming the hospitality arm of Singapore-based real estate giant City Developments Limited for just four months, puts the spotlight on the challenging environment for hoteliers amid the COVID-19… Read More>>
Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore’s downtown core for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking up in the… Read More>>
