Asia Pacific real estate investment news and information
CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for approximately S$2.1 billion ($1.5 billion), marking the largest office transaction in Asia Pacific this year and the second-largest globally.
The deal for the… Read More>>
An affiliate of private equity giant Warburg Pincus has led a $180 million Series D investment in business park operator D&J China, as the Shanghai-based company builds up its industrial property platform across key cities in the mainland.
The capital… Read More>>
A new player has jumped into Hong Kong’s rapidly growing co-working sector, with Amsterdam-based Spaces leasing out an entire building in a prime area of the city’s Sheung Wan area to serve as a shared office venue. The deal marks… Read More>>
The Mandarin Oriental Hotel group has begun to receive offers for the Excelsior Hotel in Hong Kong’s Causeway Bay, with at least five bids reportedly valuing the four-star waterfront property at HK$30 billion ($3.8 billion).
If the 848-room Excelsior is… Read More>>
Shared office giant WeWork is suing Beijing-based rival UrWork over its “confusingly similar name” as the Chinese company prepares to launch a new centre in WeWork’s home base of New York.
WeWork, the world’s largest co-working brand, filed the suit… Read More>>
Cindat Capital Management is hungry for a bigger piece of the global hospitality market, as the Chinese private equity firm is reportedly in talks for a £500 million ($660 million) joint acquisition of Britain’s QHotels Group.
Cindat is teaming up… Read More>>
The real estate arm of Hong Kong-based investment manager PAG has reached the final closing of its latest opportunistic Asian real estate fund with $1.9 billion in investor commitments, topping its initial target of $1.5 billion.
The Secured Capital Real… Read More>>
China’s Country Garden has shrugged off a government clampdown on cross-border capital flows by acquiring its second Hong Kong project in less than three months. The Guangzhou-based developer is picking up a 60 percent stake in a waterfront residential site in… Read More>>
Sino Land became the latest Hong Kong developer to unload a mainland project by selling off 80 percent of a residential-led development in the southwestern China city of Chengdu to a Shenzhen-listed developer for HK$10.51 billion ($1.34 billion).
Shenzhen Overseas… Read More>>
Invesco Real Estate, the property division of the US investment management giant, is making its first bet on China’s warehouse sector by buying a portfolio of core logistics assets in the country from e-Shang Redwood (ESR) for over RMB 2… Read More>>
