Asia Pacific real estate investment news and information
Savills Investment Management’s former head of asset management for Asia, Craig Pearce, has established a real estate investment consultancy firm, Nikota Capital.
Pearce is targeting Japan with his new advisory platform, primarily concentrating on assisting professional investors source, structure and… Read More>>
PAG has signed a memorandum of understanding with Hyatt Hotels Corporation to acquire the Grand Hyatt Seoul for approximately KRW 500 billion ($410 million), according to market sources cited in the Korea Economic Daily.
The investment management firm led by… Read More>>
Sweden’s IKEA will plough RMB 10 billion ($1.41 billion) into its China operations in the upcoming 2020 fiscal year, in a bid to upgrade and expand its store network and boost its e-commerce offerings in the country.
The planned investment… Read More>>
Urban developer Mori Building has broken ground on a JPY 580 billion ($5.4 billion) “city within a city” in central Tokyo, according to an announcement by the company.
The multi-purpose development, which will feature Japan’s tallest skyscraper, aims to transform… Read More>>
Less than two years after raising $1.9 billion for Secured Capital Real Estate Partners VI fund (SCREP VI), Hong Kong-based alternative investment manager PAG has begun raising fund for its next opportunistic vehicle, according to market sources cited in a… Read More>>
With its erstwhile owner ensconced in at Manhattan penthouse hurling insults at China’s ruling communist party, a Beijing office tower was sold for RMB 5.2 billion ($730 million) this week on a bad asset website operated by Alibaba’s Taobao.
Yu… Read More>>
CK Asset Holdings, which is chaired by the son of Hong Kong’s richest man Li Ka-shing, has reached an agreement to buy British brewery Greene King plc in a deal worth £4.6 billion (HK$43.6 billion), according to a stock exchange… Read More>>
Red Star Macalline Holding, which develops and operates China’s largest chain of home furnishing malls, is launching its own real estate agency, the president of the newly launched brokerage announced on Monday, according to local media reports.
Famous for its… Read More>>
GIC is acquiring just over a quarter stake in a A$4.3 billion ($2.9 billion) Sydney office fund from Australia’s Lendlease and Canada’s CPPIB, according to an announcement by the Singapore sovereign wealth fund.
The purchase gives the Singaporean sovereign wealth… Read More>>
Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to Ping An Insurance for a consideration of RMB 5.829 billion ($830 million) as the developer shifts toward an asset light approach in… Read More>>
