Asia Pacific real estate investment news and information
Hong Kong’s Lands Department on Tuesday announced that a consortium of six developers had won the third-largest residential plot on what had been the runway of Hong Kong’s former Kai Tak airport for a record HK$12.6 billion ($1.6 billion).
The… Read More>>
Hong Kong tycoon David Chan Ping-chi has taken a step towards cashing out his holdings in the Center on Hong Kong’s Queen’s Road, selling a floor in the office building nearly two years after joining a consortium which acquired the… Read More>>
Hong Kong-based Pamfleet has raised $100 million for its second mainland China real estate investment fund, according to sources familiar with the company’s operations who spoke with Mingtiandi.
Pamfleet Shanghai Real Estate Fund II, which reached a final close at… Read More>>
A joint venture between US real estate fund manager Angelo Gordon and a Hong Kong family office serving one of the region’s oldest shipping families has agreed to sell a retail property in the New Territories’ Tseung Kwan O area… Read More>>
ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.
The public offer, which began on Thursday night… Read More>>
Henderson Land Development added to its pipeline of home town projects this week as it bought out the remaining space in a pair of aging buildings in Kowloon’s Hung Hom area.
The blue chip developer bought the properties, which constituted… Read More>>
Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.
The shared office giant late on Monday revealed that… Read More>>
Property developer Oxley Holdings has agreed to sell Chevron House, an office building at Raffles Place for up to S$1.025 billion ($758 million), according to a filing by the company with the Singapore Stock Exchange on Tuesday.
The buyer, according… Read More>>
A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 billion ($507 million), according to a statement last week from a brokerage representing the seller of the 24-storey office… Read More>>
Singapore private equity firm Keppel Capital has agreed to purchase a set of three Seoul office buildings for a combined KRW 430 billion ($370.5 million), according to an announcement by the firm on Monday.
Keppel Capital is buying the asset… Read More>>
