Asia Pacific real estate investment news and information
Fund managers KKR and Quadrantis Capital have agreed to acquire minority stakes in Hong Kong-based Peak Reinsurance at an undisclosed price.
Manhattan-based KKR and Portugal’s Quadrantis are picking up their respective 11.27 percent and 1.8 percent of Peak Re’s share… Read More>>
Weave Living is set to add KRW 635 billion ($450 million) in Korean multi-family assets to its expanding business in the country via a newly launched rental housing programme, with local market sources identifying Singapore sovereign giant GIC as Weave’s… Read More>>
Daiwa House REIT Investment Corporation has agreed to acquire a hotel in Tokyo’s central Shinjuku ward for JPY 10.2 billion ($67.6 million).
The trust sponsored by developer Daiwa House Industry is buying the 280-key Daiwa Roynet Hotel Nishi-Shinjuku in the… Read More>>
Chinese e-commerce giant Alibaba Group and its Ant financial affiliate have agreed to buy the top 13 floors of Mandarin Oriental Hotel Group’s nearly completed Causeway Bay commercial tower for $925 million in Hong Kong’s biggest real estate deal of… Read More>>
Extra Space Asia, a self-storage platform of Singapore’s CapitaLand Investment, is spending nearly S$100 million ($77.3 million) to fund the development of its first build-to-suit project in the Lion City and the acquisition of three facilities in Tokyo.
Extra Space… Read More>>
Asian industrial giant ESR and London-based Colt Data Centre Services have set up a joint venture to develop the first phase of a 130-megawatt hyperscale campus in suburban Osaka.
The 65MW initial phase will be designed and built by the… Read More>>
An artificial intelligence investment group led by asset management titan BlackRock has agreed to buy US-based Aligned Data Centers at an enterprise value of $40 billion.
The transaction spearheaded by the AI Infrastructure Partnership is intended to fuel the expansion… Read More>>
Mirae Asset Management has sold a Greater Seoul office building to a consortium of Korea Investment & Securities and KakaoBank for a record-breaking KRW 2 trillion ($1.4 billion).
Pangyo Tech One Tower, located south of the capital in the Pangyo… Read More>>
Centurion Corp has acquired a development site for a student housing project in central London for £41 million ($54.8 million), marking the Singaporean builder’s first property in the UK capital.
Centurion plans to develop a 225-bed purpose-built student accommodation at… Read More>>
Singapore’s SC Capital Partners on Monday announced the sale of an education-focused commercial building in Seoul for KRW 54 billion ($37.7 million), as the fund manager continues to divest learning-related assets under the firm’s core-plus SCORE strategy.
SC Capital had… Read More>>
