Asia Pacific real estate investment news and information
Singapore’s Keppel Corporation on Wednesday announced plans to transform from a conglomerate into a global fund manager, with a goal of increasing assets under management to S$200 billion ($150 billion) by 2030.
Keppel, whose largest shareholder is state investment firm… Read More>>
Mofang, the Chinese rental apartment operator backed by private equity major Warburg Pincus, has refiled for a Hong Kong initial public offering after the company’s previous application filed last September lapsed late last month.
Shanghai-based Mofang, which is seeking a… Read More>>
KKR has agreed to buy an office building in central Seoul on behalf of managed funds that include the buyout giant’s flagship Asia real estate vehicle.
KKR is acquiring the Namsan Green Building, a 57,574 square metre (619,721 square feet)… Read More>>
Hong Kong’s Weave Living is expanding into Japan, according to an announcement on Tuesday, with the Warburg Pincus-backed accommodation specialist announcing the hire of Allianz Real Estate’s former Japan country head to lead its business in Asia’s largest rental housing… Read More>>
The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the family office of a foreign investor, in a deal that values the asset at three times its acquisition value nine… Read More>>
A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>
Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million ($155 million), according to a company representative, with a market source identifying the buyer to Mingtiandi as a wealthy Indonesian family.
The two-storey good… Read More>>
Singapore’s Alpha Investment Partners saw its first change in top management in half a decade this month as chief executive Alvin Mah left the private fund management unit of Keppel Corporation after holding the senior level position since February 2018.
A Chinese investor has purchased an office block in Singapore’s Chinatown from Liberty Insurance Singapore for 23 percent below the property’s original asking price, as mid-size acquisitions by wealthy individuals play a growing role in the city-state’s investment market.
A… Read More>>
Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their controlling shareholders, with the Ong family on Tuesday announcing a voluntary unconditional cash offer of S$0.62 per share for the builder.
The… Read More>>
