Asia Pacific real estate investment news and information
A consortium led by KKR has purchased an office tower in Seoul for a reported KRW 500 billion ($420 million), marking the US private equity giant’s fourth property investment in South Korea.
KKR said in a statement announcing the acquisition… Read More>>
SC Capital Partners has purchased an office building in North Sydney from BlackRock for A$127 million ($83 million), as the Singapore-based private equity shop adds another Aussie asset to its portfolio.
Thai financier Suchad Chiaranussati’s firm said that it had… Read More>>
Kailong Real Estate Investment has promoted Don Tan to managing director of fund management, just three months after the private equity firm reached a final close of $575 million on its second US-dollar denominated, China-focused property fund.
Based in Kailong’s… Read More>>
Hong Kong property billionaire Peter Woo is offering to take Hong Kong-listed Wheelock & Company private in a deal worth just under HK$48 billion ($6.2 billion), according to a stock exchange filing.
Woo, whose family controls the 93-year-old firm chaired… Read More>>
Wang Jianlin’s Dalian Wanda Group may have been forced to unwind its overseas ambitions, but the billionaire’s property business in mainland China shows no signs of flagging after it hauled in operating income more than double that of its closest… Read More>>
New World Development has sold its ownership interest in a pair of mid-market Hong Kong community malls to MTR Corporation for HK$3 billion ($380 million), according to a company announcement.
The developer said that it was disposing of its 50… Read More>>
Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and property conglomerate announced today that it has agreed to pay C$232.9 million ($176.6 million) to acquire a set of Canadian properties.
CapitaLand has agreed to acquire a business park in the UK for £129 million ($168 million), as Southeast Asia’s largest real estate group boosts its portfolio in post-Brexit Britain.
The Singapore property giant said that its acquisition of the Arlington… Read More>>
Blackstone has improved its bid for a Japanese hotelier and property developer to JPY 205 billion ($1.85 billion), as the US private equity giant tops an existing offer by rival Lone Star Funds that values the company at JPY 195… Read More>>
ARA Asset Management together with the property arm of British Columbia Investment Management today announced their acquisition of a Melbourne office development valued at A$330 million ($218 million), confirming a Mingtiandi report from earlier this month.
In a joint statement,… Read More>>
