Asia Pacific real estate investment news and information
Receivers for creditors of Cheung Kei Group have received at least two offers for the defaulted mainland property firm’s former Hong Kong headquarters after the grade A property lost nearly two-thirds of its value over the past two years.
Market… Read More>>
The world’s largest asset manager is set to pick up its second Singapore residential property this year as a deal for Citadines Raffles Place enters the final stages, according to sources familiar with the discussions who spoke with Mingtiandi.
BlackRock… Read More>>
A recently established Singapore fund manager has made its maiden acquisition, picking up a commercial building in London’s Soho area from Hong Kong investor Lai Wing-To for around £35 million ($45.7 million), according to a statement on 21 August.
HECapital,… Read More>>
A joint venture of Canada’s Manulife Investment Management and Tokyo-based Kenedix has acquired a nine-asset multi-family portfolio in Japan for JPY 23 billion ($160 million).
Located in the Greater Tokyo and Osaka areas, the properties have an average age of… Read More>>
LaSalle Investment Management has acquired a pair of logistics facilities in Greater Seoul for a total of $450 million, as the US firm continues to chalk up deals in South Korea.
The two large, dry-only sheds are located next to… Read More>>
With Mingtiandi’s Singapore Forum just three weeks away, senior executives from PAG, Partners Group, ACRE and PropertyGuru have joined the roster of speakers for Southeast Asia’s biggest real estate investment event of 2024.
The agenda for the 10 September event… Read More>>
Sweden’s EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an all-cash deal valuing the Singapore-based platform at $1.1 billion, according to a Friday announcement.
Private equity firm EQT will… Read More>>
Merlin Bingham Swire, deputy chairman and chief executive of his family’s 208-year old conglomerate John Swire & Sons Ltd, has sold all of his shares in the group’s property development unit Swire Properties and has now cut his holdings in… Read More>>
Chinese Estates Holdings has sold an office block in London’s posh Mayfair area to local developer and investor Oval Real Estate for £125.4 million ($160.9 million), with the asset changing hands at a 7 percent discount to its £135 million… Read More>>
Singapore’s City Developments Ltd reported a first-half attributable profit of S$87.8 million ($66.8 million), up 32 percent year-on-year, with divestment gains and hotel income weighing heavily as development revenue dipped.
CDL’s overall revenue for the six months tumbled 42 percent… Read More>>
