Asia Pacific real estate investment news and information
Indian vaccine tycoon Adar Poonawalla is reportedly spending about £138 million ($173 million) to purchase a mansion in London’s West End in what ranks as the UK capital’s most expensive home purchase this year.
Poonawalla, chief executive of Serum Institute… Read More>>
HSBC Asset Management has agreed to acquire Singapore-based real estate private equity firm SilkRoad Property Partners as the UK financial services giant ramps up its property investment platform in Asia.
“HSBC Asset Management has entered into an agreement to acquire… Read More>>
Once ranked as China’s richest man, Dalian Wanda boss Wang Jianlin is handing control of the mainland’s largest commercial developer to a creditor group led by Hong Kong private equity shop PAG after losing a bet that he could achieve… Read More>>
Singapore-based private equity shop Seraya Partners has raised $800 million for its inaugural pan-Asia infrastructure fund with backing from Canada’s Alberta Investment Management Company (AIMCo) and American investment giant BlackRock.
Seraya Partners on Tuesday announced the final closing of Seraya… Read More>>
Chinese gymnastics legend Li Ning made his name being fearless on the pommel horse and rings, and now the sportswear company that bears his name is vaulting into a Hong Kong office market where many investors fear to venture.
China’s… Read More>>
Singapore’s CapitaLand Investment Ltd warned late Friday that adverse economic conditions have put a dent in its earnings for 2023 with the company predicting that its full-year profits will fall well below last year’s levels.
Noting that some of its… Read More>>
A joint venture between US private equity giant Blackstone and Hong Kong-based self-storage operator StoreFriendly has acquired an industrial building in Hong Kong’s New Territories for HK$560 million ($72 million), with plans to convert the Tsuen Wan property into a… Read More>>
NYSE-listed Ares Management is expanding its footprint in Asia with plans to establish an office in Japan next year, as it moves to explore real estate and buyout opportunities in the country.
A representative from Ares confirmed to Mingtiandi that… Read More>>
Mitsubishi Estate has acquired a London office tower formerly leased to WeWork for a price reported to be almost 44 percent less than what the seller, a joint venture between Savills Investment Management and Korea’s Vestas Investment Management, paid to… Read More>>
Wang Jianlin, the billionaire chairman of troubled Chinese developer Dalian Wanda Group, is set to sell his controlling stake in the company’s film business, with the once would-be media mogul shedding his movie holdings amid a liquidity crunch.
In a… Read More>>
