Asia Pacific real estate investment news and information
Blackstone is marketing a portfolio of foreign worker dormitories in Singapore after holding the properties for more than a decade, Mingtiandi has learned.
The private equity giant has appointed Barclays to market the Avery Lodge portfolio, a set of four… Read More>>
Mapletree Pan Asia Commercial Trust (MPACT) is selling its flagship office building in downtown Singapore to regional private equity titan PAG for S$775 million ($574 million), in a deal which will rank as the city-state’s largest office transaction in two… Read More>>
Hong Kong’s Chinachem Group has announced that Donald Choi will retire and step down from his role as chief executive officer of the privately held developer, with former Link REIT chief operating officer Andy Cheung set to succeed him on… Read More>>
Private equity firm Xander Investment Management announced on Wednesday that a partnership involving the company has acquired the Waverock office campus in the southern India city of Hyderabad from a Shapoorji Pallonji Group fund for INR 22 billion ($260 million),… Read More>>
Singapore’s Urban Redevelopment Authority on Thursday released two residential sites under the Government Land Sales programme, including the first plot to be used entirely for long-stay rental apartments, as the city-state seeks to boost the supply of living spaces.
The… Read More>>
Singapore’s Mapletree reported a net loss of S$577.2 million ($427.7 million) for its fiscal year to the end of March, reversing a year-earlier net profit of S$1.1 billion, as the real estate investor marked down asset values amid a global… Read More>>
Link REIT, Asia’s largest property trust by market cap, posted a loss of HK$2.5 billion for the fiscal year ended March 2024, as valuation markdowns on its investment properties overshadowed an 11 percent annual increase in revenue.
The HKEX-listed trust… Read More>>
Singapore’s City Developments Ltd is on its way to adding one more redevelopment project to a rapidly transforming Orchard Road after winning a tender for a commercial building along the city-state’s famed shopping street.
The developer known as CDL was… Read More>>
The manager of Mapletree Logistics Trust has tapped the Singapore-listed REIT’s head of investment, Jean Kam, to serve as the next CEO.
Kam succeeds Ng Kiat, who is stepping down on 22 July to assume new responsibilities at sponsor Mapletree… Read More>>
A joint venture of Logos and Sime Darby Property has reached a final closing of its fund targeting development of logistics assets in Malaysia, with the vehicle attracting MYR 1 billion ($213 million) in committed capital.
The fundraising haul will… Read More>>
