Asia Pacific real estate investment news and information
Soho 3Q, the loss-making flexible office unit of developer Soho China, is reported to have sold a portfolio of 11 co-working centres in Beijing and Shanghai for an undisclosed amount, according to a local media account.
Representatives of the buyer,… Read More>>
Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium formed by Kerry Properties, Swire Properties, and Sino Land.
The trio of local developers is reported to be paying a HK$6.76… Read More>>
Prefabricated construction firm Changsha Broad Homes Industrial Group kicked off an initial public offering in Hong Kong today that could value the company at HK$6.6 billion ($840 million).
The Changsha-based company, which was founded a decade ago by heating and… Read More>>
ESR Cayman has opted to upsize its IPO by 15 percent, according to news reports over the weekend, as investor demand for shares in the warehouse developer and fund manager exceeds the company’s original targets.
With the Warburg Pincus-backed company… Read More>>
Kailong Real Estate Investment has announced that its second US-dollar denominated, China-focused property fund has reached a final close of $575 million — more than 30 percent above the fund manager’s original target.
The announcement comes six months after the… Read More>>
Co-living specialist Hmlet has launched its largest location in Sydney, as the Singapore-based company continues to widen its reach in the Australian capital.
The 82-rooms co-living space, which is set to open on 15 November, will boost the company’s portfolio… Read More>>
LimeTree Capital has acquired a portfolio of nine underground car parks in Beijing for RMB 761 million ($107 million) from Soho China, as the private equity company increases its holdings of what it calls an “undervalued and under-researched” asset.
The… Read More>>
WeWork has proven to be a game-changing business – at least for deposed CEO Adam Neumann.
Under the terms of a bailout package put together by Softbank, the WeWork founder will be receiving around $1.7 billion in compensation in return… Read More>>
Warburg Pincus-backed logistics real estate platform ESR has relaunched its IPO in Hong Kong, aiming to bring in a larger haul of cash after an earlier attempt stumbled in the face of street protests and tepid investor demand.
The developer… Read More>>
JLL heads up this week’s edition of Mingtiandi’s roundup of brokerage wins as the property consultancy firm’s Hotels & Hospitality Group hits home in Singapore with the S$475 million ($348 million) sale of the Hyatt-operated Andaz Hotel.
ERA Realty scored… Read More>>
