Singapore continues to attract tech giants from both east and west, with China’s Tencent now reported to be opening its first office in the city-state, soon after Tiktok’s parent firm Bytedance chose to upsize its footprint in the city.
South Korean institutional investors have funded a €200 million ($216 million) acquisition of a German logistics portfolio which includes a large-scale Amazon fulfilment centre, as the European warehouse sector continues to attract Asian capital.
London-headquartered investment management firm Apeiron Capital… Read More>>
Keppel DC REIT has agreed to buy a data centre in the digital capital of Europe for €81.8 million ($91 million), according to a stock exchange filing.
The Singapore-listed REIT said that it had entered an agreement to acquire a… Read More>>
Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for €500 million ($555 million), achieving a 27 percent capital gain after holding the asset for just over three and a half… Read More>>
Singapore’s Mapletree Investments leads today’s real estate news in the region as it announces a helping hand for one of its affiliated REITs, which is suffering a shaky patch in Hong Kong, by selling a pair of its Tokyo office… Read More>>
Despite tales of retail woe from around the region, an announcement of the impending purchase of a Beijing shopping mall leads our headline roundup today, as a Singapore-listed REIT adds to its portfolio.
Also in the news, Hong Kong recorded… Read More>>
Less than a month after GIC picked up a trophy office tower in Paris, the Singapore sovereign wealth fund has teamed up with Caleus Capital Investors to acquire a landmark hotel in Berlin in an off-market transaction.
The joint venture… Read More>>
Blackstone is preparing to sell Germany’s largest office building to a Korean investor, with Hana Financial Investment said to have entered into exclusive negotiations to purchase a Frankfurt property from the US investment giant for KRW 1.3 trillion (1.1 billion).
Frasers Logistics and Industrial Asset Management has entered into agreements with subsidiaries of Frasers Property to acquire 12 freehold logistics properties in Germany and Australia on behalf of Frasers Logistics & Industrial Trust (FLT) at a value of A$644.7 million… Read More>>
Singapore-listed hotel investment firm First Sponsor late last week announced the acquisition of the Westin Bellevue Hotel in Dresden, Germany for €49.5 million ($55 million), a purchase which adds to the close to €400 million the CDL Group affiliate has… Read More>>