Asia Pacific real estate investment news and information
The world’s largest real estate fund manager may be about to enter Hong Kong’s rental residential market, with Blackstone understood to be in advanced talks to acquire two Hong Kong serviced apartment blocks from local living operator Chi Residences.
The… Read More>>
A unit of Hong Kong-based property developer and investor Crystal Investment has acquired a pair of buildings in Kowloon for student housing use, as the growing influx of mainland Chinese students boosts demand for private accommodation in the Asian financial… Read More>>
The asset management arm of Goldman Sachs and the founding family of Nihon Housing have completed a take-private deal valuing the Tokyo-based property manager at JPY 77 billion ($530 million).
Nihon Housing has 500,000 units under management in Japan, Taiwan,… Read More>>
A unit of state-run China Resources is in talks to acquire a Tsim Sha Tsui shopping complex from Hong Kong’s New World Development as it continues to expand its retail footprint in the Asian financial hub.
China Resources Longdation is… Read More>>
Hong Kong tycoon David Chan Ping-chi is offloading his remaining holdings in Hong Kong’s fifth tallest building with the sale of his last two floors in the Center, after valuations for space in the 73-storey office tower plummeted by more… Read More>>
A recently launched joint venture of US fund manager Warburg Pincus and Australia’s Lendlease has acquired a S$1.6 billion ($1.2 billion) portfolio of Singapore business parks and R&D facilities from entities linked to private equity giant Blackstone and Soilbuild Group… Read More>>
The family of Hong Kong’s late “Minibus King” Ma Ah-muk has put up for sale a 93-key hotel in the city’s Sai Ying Pun area, with brokers marketing the budget hostelry for conversion to student housing.
With Ma having built… 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 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>>
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>>
