Asia Pacific real estate investment news and information
CapitaLand Investment (CLI) sees China’s property downturn as an opportunity to expand its mainland holdings with the company acquiring an office building near Beijing’s embassy area this week through a court-arranged auction.
With the Chinese capital in the depths of… Read More>>
Adding to the string of record-breaking deals in Singapore’s Suntec City, a Thai investor is reportedly purchasing the top floor of one of the commercial complex’s office towers for S$39.7 million ($27.6 million), an industry source confirmed to Mingtiandi.
Level… Read More>>
US asset manager Invesco is shifting its Asia Pacific headquarters to Hongkong Land’s Jardine House and UBS will take an anchor space in Sun Hung Kai Properties’ West Kowloon rail terminal project as global financial giants align their corporate homes… Read More>>
The operator of an A$3.6 billion ($2.3 billion) Brisbane casino project backed by Hong Kong heavyweights Chow Tai Fook Enterprises and Far East Consortium was found by an independent investigation to be unfit to run the controversial development.
A report… Read More>>
The Land Managers, a real estate investment division of ARA Asset Management founder John Lim’s JL Family Office, has struck a deal to acquire a commercial building in London’s West End for £18.6 million ($21 million).
With the sliding pound… Read More>>
Singapore-based SC Capital Partners has bolstered its team with four senior hires, led by the addition of Man Yik Chiu to take charge of asset management for the private equity firm’s opportunistic fund series.
After most recently overseeing assets for… Read More>>
UK-based asset manager M&G Real Estate has disclosed its acquisition of the Minato Mirai Center Building, a Grade A office tower in Yokohama, for more than JPY 100 billion ($700 million).
The 21-storey office block, located 27 kilometres (16.8 miles)… Read More>>
US private equity firm Ares Management has made its first direct investment in Hong Kong real estate, picking up a 51 percent stake in a Kowloon office project from New World Development for approximately HK$3.07 billion ($392 million).
New World… Read More>>
Samsung Group continued to demonstrate its appetite for real asset investments this week with two of its financial services units announcing a combined $650 million commitment to funds managed by private equity titan Blackstone.
Samsung Life Insurance and Samsung Fire… Read More>>
Mirae Asset Global Investments’ $3 billion purchase of the International Finance Center Seoul has fallen apart, with the Korean asset manager now pursuing arbitration against Brookfield Asset Management, the owner of the commercial complex, in an attempt to retrieve a… Read More>>
