Asia real estate and outbound investment news
A Hong Kong joint venture fronted by a privately-held affiliate of Wing Tai Group has agreed to buy an office building in London for around £225 million ($282 million), according to market sources who were in contact with Mingtiandi.
The… Read More>>
Keppel Capital, together with partners from the US and Singapore, has filed the final paperwork to launch a $813 million Singapore IPO of a set of 11 US commercial properties. according to a stock market announcement on Tuesday.
KBS US… Read More>>
Frasers Property is merging its Australian and European industrial and logistics businesses, along with the asset and property management of its Singapore-listed industrial REIT, into a single platform with S$5.4 billion ($4 billion) in assets, the company revealed this week.
South Korea investment brokerage Mirae Asset Daewoo, together with French asset manager Amundi Real Estate has completed its acquisition of the Jean-Paul Viguier-designed Majunga Tower in Paris, according to a joint announcement by the two parties earlier today.
The South… Read More>>
The chairman of Hong Kong-listed Future Land and mainland developer Seazen Holdings has been detained by police in Shanghai for investigation of crimes related to charges of sexually abusing a nine-year-old girl, according to a statement late yesterday by the… Read More>>
Cloud providers like Google, Microsoft and Alibaba, which house armies of servers in huge bit barns, demonstrated their appeal to real estate investors in Asia Pacific again this week, with two $1 billion data centre partnerships announced in two days.
Singapore-listed Frasers Property has agreed to sell a 50 percent stake in its namesake office building in the city’s central business district for cash compensation of S$442.7 million ($327.4 million) according to an announcement by the developer late last week.
Alpha Investment Partners has sold a 241-room hotel in Singapore’s Novena area for just under S$170 million ($125.6 million), according to sources familiar with the transaction who spoke with Mingtiandi.
The private equity division of Keppel Capital has already handed… Read More>>
Weave co-living is in the process of acquiring a serviced apartment complex at 123 Queen’s Road West in Hong Kong, according to market sources.
The Hong Kong-headquartered firm is said to be paying approximately HK$585 million to purchase the 23-storey… Read More>>
China’s largest commercial developer, Dalian Wanda Group, is planning to list a real estate business in Singapore, in a deal that could value a portfolio of properties at over $1 billion, according to a Wall Street Journal report.
The potential… Read More>>
