Asia Pacific real estate investment news and information
CapitaLand Investment’s attributable profit surged 165 percent to S$479 million ($355 million) in 2024 as the Singaporean real asset manager cut revaluation losses and boosted fee income.
Full-year revenue rose 1 percent to S$2.8 billion, the SGX-listed giant said Thursday… Read More>>
Singaporean developer Centurion Corp’s profit more than doubled in 2024, as the specialist in student and worker housing rode a surge in valuations of investment properties.
The company’s full-year attributable profit shot up 125 percent to S$344.8 million ($257 million),… Read More>>
Investors eager for Singapore’s largest non–government controlled developer to announce its 2024 financials on Wednesday received more excitement than expected when the executive chairman and chief executive officer of City Developments Ltd issued separate statements regarding an alleged struggle for… Read More>>
Osaka hotels continue to attract tourism-led investment, with Orix JREIT on Tuesday announcing plans to buy a 428-key property near the city’s Universal Studios Japan theme park for JPY 35 billion ($230 million).
The TSE-listed REIT is picking up Hotel… Read More>>
ST Telemedia Global Data Centres has begun building the first data centre at the Singapore-based firm’s campus in Malaysia’s Johor state, with the 16-megawatt facility scheduled to be fully operational by the end of 2026.
The STT Johor campus spans… Read More>>
Japan Excellent Inc has agreed to buy a commercial tower in Tokyo’s central Minato ward from a unit of the office-focused REIT’s sponsor, Nippon Steel Kowa Real Estate, for JPY 17.3 billion ($120 million).
JEI is exercising its right of… Read More>>
US asset manager Invesco is expanding its bets on the living sector in Asia Pacific through a joint venture with a Tencent-backed apartment management platform to invest in and operate rental housing in China.
In a joint statement… Read More>>
An apartment complex in Singapore’s posh River Valley area has sold for the full asking price weeks after going to market, as home sales in the city-state continue to surge.
River Valley Apartments on River Valley Road in District 10… Read More>>
Hilton Hotels and Resorts continues to expand its India footprint, with the US hotel giant announcing late last week that it will open 75 Hampton by Hilton hotels in the world’s fifth-largest economy.
Ranked third globally by the number of… Read More>>
Fund manager Gaw Capital Partners has opened the 5.2-megawatt first phase of a data centre on the Indonesian island of Batam, near Singapore, as digital infrastructure investors continue to favour Southeast Asian markets.
The two-part development at Batam’s Nongsa Digital… Read More>>
