Asia Pacific real estate investment news and information
Australia’s biggest owner-operator of student housing, Scape, has secured a A$700 million ($434.3 million) equity commitment from South Korea’s National Pension Service for a suite of living sector investment strategies, the parties announced Thursday.
The partnership with the $800 billion… Read More>>
The Urban Redevelopment Authority on Tuesday announced tender results for two western Singapore residential sites, with a consortium led by Santarli Realty and Apex Asia Development entering the top bid of S$504.5 million ($368.1 million) for the plot at Dairy… Read More>>
A Singapore-listed healthcare REIT looks set to continue its shift toward Asia Pacific’s developed markets, with a potential deal on the way to sell 14 Indonesian hospitals valued at S$820.5 million ($599.3 million) to its private equity-backed tenant.
OUE Ltd-… Read More>>
After a bid described by analysts as “unattractive” garnered less than a quarter of a percent acceptance, mysterious mainland investors Gordon and Celine Tang are raising their offer to buy out Singapore-listed Suntec REIT.
The Tangs, through their investment vehicle… Read More>>
An Australian casino operator backed by the Cheng family controlling Hong Kong’s New World Development revealed Wednesday that its available cash fell 47 percent in the three months to 31 December, throwing doubt on its future as the company faces… Read More>>
Chinese Estates Holdings has completed the sale of an office block in London’s West End for £162 million ($203.1 million), a sum representing a 19 percent discount to the Hong Kong-based company’s asking price for the property.
The firm formerly… Read More>>
The overseas business of one of China’s largest data centre operators announced its relaunch under a new brand on Wednesday, positioning the unit of Shanghai-based GDS Holdings as an independent group.
Now dubbed DayOne, the former GDS International describes itself… Read More>>
The new year finds Alibaba Group continuing its retreat from brick-and-mortar retail, with the e-commerce giant on Wednesday announcing plans to sell its controlling stake in Chinese hypermarket operator Sun Art for HK$12.3 billion ($1.6 billion).
The buyer of the… Read More>>
A commercial tower in Hong Kong’s prime Central district has changed hands for HK$1.1 billion ($140 million) in a distressed sale, according to market sources who spoke to Mingtiandi.
The 28-storey building at 152 Queen’s Road Central traded at HK$18,197… Read More>>
Orix JREIT has agreed to buy two hotels in Japan’s Kansai region from a Daiwa House affiliate for JPY 7.9 billion ($50 million).
The Tokyo-listed trust is picking up the 48-key Mimaru Osaka Shinsaibashi East for JPY 5.3 billion and… Read More>>
