Asia Pacific real estate investment news and information
Japanese rental apartments maintain their most-favoured-sector status with global investors this week, with M&G Real Estate announcing on Wednesday that it has acquired a multi-family residential tower in Tokyo’s Shinjuku area for JPY 30 billion ($204 million).
The property division… Read More>>
In recent months Korean investors have been reported to have lost as much as 70 percent on US office investments made before the pandemic, but institutions from the home of BTS and Blackpink may still be open to new opportunities… Read More>>
Apollo Global Management, which deployed $15.7 billion into real assets globally in 2022, has walked away from its equity strategy for Asian real estate after property investment deals in the region fell by more than a third during the first… Read More>>
Hong Kong-based real estate firm Wharf Real Estate Investment Company (Wharf REIC) is marketing a luxury mall along Singapore’s Orchard Road for S$450 million ($338 million) as the rejuvenation of the premier shopping strip gathers speed.
Its Singapore development subsidiary,… Read More>>
Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company owned by Indonesia’s Widjaja family plans to completely exit the commercial building near the Orchard Road shopping strip.
The… Read More>>
HSBC Asset Management has promoted Michael Cross to chief investment officer for Asia, with the longtime executive shifting from London to the UK finance giant’s Hong Kong office.
The new role is an expansion of Cross’s continuing commitment as global… Read More>>
Gaw Capital Partners has completed the sale of the Hotel G in Singapore to an entity controlled by CapitaLand Group, according to corporate records filed with local authorities.
A special purpose vehicle which holds the 308-key budget hostelry now lists… Read More>>
Embattled mainland developer Dalian Wanda Group has sold its Wanda Reign on the Bund hotel in Shanghai to the family office of Indonesian pulp and paper billionaire Sukanto Tanoto in a rare purchase of a mainland hotel asset by a… Read More>>
Swire Properties on Tuesday warned of a 70 percent drop in full-year profit for 2023, laying the blame on a HK$4.5 billion ($580 million) valuation loss in the developer’s investment portfolio.
Hong Kong-based Swire Properties cited a lower fair-value gain… Read More>>
An Angelo Gordon fund is selling an 18-storey office tower in Japan’s Yokohama city for JPY 20 billion ($142 million) to Orix JREIT.
The TSE-listed trust announced on Monday that it will acquire Shinyokohama Square Building, 36 kilometres (22 miles)… Read More>>
