Asia Pacific real estate investment news and information
India’s Mindspace Business Parks REIT has agreed to pay INR 25.4 billion ($270 million) to acquire its second property in Chennai as it expands beyond its core Mumbai and Hyderabad markets.
In an announcement on 31 March, Mindspace REIT said… Read More>>
Invesco Real Estate has acquired a portfolio of 13 rental residential properties in Tokyo, upping the US investment manager’s exposure to Japan’s multi-family sector.
The acquisition comprises 540 apartments and a total floor area of 20,000 square metres (215,278 square… Read More>>
Mapletree Investments has sold a US logistics portfolio to last-mile specialist Dalfen Industrial for $207.5 million, as the Singapore-based group continues a string of disposals across its North American warehouse platform.
The transaction marks Mapletree’s fifth major US logistics divestment… Read More>>
A platform backed by JD.com’s logistics real estate unit and EZA Hill Property Management has selected financial advisors for a planned Singapore REIT listing, according to a media report.
The sponsors have picked a group of banks to work on… Read More>>
First REIT has agreed to divest its entire Indonesia portfolio for up to S$766 million ($597 million), the Singapore-listed healthcare trust said Wednesday.
The proposed transactions include the sale of eight hospital assets to Siloam International Hospitals for S$389.2 million,… Read More>>
More than a year after agreeing to take over a Brisbane casino project from a troubled gaming operator, Far East Consortium and Chow Tai Fook Enterprises have taken full ownership of the A$3.6 billion ($2.5 billion) development after guaranteeing the… Read More>>
Kerry Properties has acquired a residential site in Hong Kong’s Mid-Levels West for HK$354 million ($45.2 million), the developer’s third addition to its luxury housing pipeline in the last two months.
The 4,300 square foot (399 square metre) site at… Read More>>
Nomura has acquired the Centara Grand Hotel Osaka for JPY 38.5 billion ($241 million) through a fund vehicle, purchasing the asset from a joint venture led by Thailand’s Central Plaza Hotel.
The transaction, completed late last week, saw the buyer… Read More>>
Blackstone has appointed Taro Squires as head of real estate for Australia, replacing Chris Tynan, the former Morgan Stanley executive who joined the US private equity giant in 2016 to build out its local property platform.
Squires is due to… Read More>>
Funds managed by DWS Group have acquired an office building in central Sydney, with the transaction valuing 32-36 York Street at A$153 million ($105 million), according to company disclosures and market sources.
The German asset manager purchased a 49 percent… Read More>>
