Asia Pacific real estate investment news and information
Just two weeks after a new price record was set for a commercial floor on Singapore’s Orchard Road, a two-floor transaction at S$4,988 ($3,896) per square foot has shattered that market benchmark for office space in the Lion City.
Luxury… Read More>>
Adrian Cheng Chi-kong has stepped down as chief executive of New World Development after the Hong Kong-based builder posted its first full-year loss in two decades.
The third generation scion of the billionaire Cheng family has also been redesignated from… Read More>>
KKR’s Japan-focused commercial REIT plans to acquire four properties in Greater Tokyo and Osaka for a total of JPY 57.1 billion ($390 million), led by the purchase of a large mall in Chiba prefecture.
Japan Metropolitan Fund has agreed to… Read More>>
Swedish private equity firm EQT has agreed to sell a minority stake in global data centre platform EdgeConneX to US-based fund manager Sixth Street Partners, the parties announced Tuesday.
After first investing in EdgeConneX in 2020, EQT will remain the… Read More>>
Hong Kong’s “King of Cassettes” David Chan Ping-chi has put up for tender a commercial block in Hong Kong Island’s North Point area at a price reckoned to be as much as 44 percent below what he was asking for… Read More>>
Hong Kong billionaire Yeung Kin-man has acquired a Kowloon East commercial building formerly owned by the family of the late “Shop King” Tang Shing-bor, as the smartphone touchscreen tycoon continues to pick up discounted property assets amid the city’s property… Read More>>
Some of the world’s largest data centre investors and operators will be appearing at Mingtiandi’s Asia Pacific Data Centre Forum next month, as investors in the sector ramp up capacity to meet growing demand from artificial intelligence applications.
The fifth… Read More>>
Private equity giant Blackstone has agreed to sell the franchiser of Motel 6, an American budget hotel chain, to Indian hospitality group Oyo for $525 million.
Oyo’s parent firm, Oravel Stays Ltd, will acquire G6 Hospitality in an all-cash deal,… Read More>>
Logicap Management, an industrial investor backed by Singapore-based Rava Partners, has formed a joint venture with Japanese property giant Mitsubishi Estate to develop facilities across key industrial hubs in India.
The JV’s seed portfolio comprises assets in the National Capital… Read More>>
Fuji Soft’s two largest shareholders have agreed to tender their shares in the Japanese systems developer, handing a victory to US buyout giant KKR and likely avoiding a prolonged bidding war with rival Bain Capital.
Singapore-based 3D Investment Partners and… Read More>>
