Asia Pacific real estate investment news and information
Canada’s Manulife Investment Management and Tokyo-based Kenedix have agreed to form a JPY 19.8 billion ($170 million) joint venture to acquire multi-family assets in Japan’s major cities.
The JV will be seeded with a portfolio of nine properties, including four… Read More>>
US private equity giant Blackstone says its Asia real estate fund is on track to reach its $9 billion goal, after a US pension manager had cited a 22 percent lower target for the opportunistic vehicle.
Blackstone representatives told Mingtiandi… Read More>>
Weave Living has announced the opening of its sixth apartment community in Hong Kong, unveiling its conversion of a budget hotel in Kowloon East as Weave Studios Kai Tak.
The opening of the 99-unit facility was announced in a LinkedIn… Read More>>
CapitaLand and Lendlease are competing for pole position for a S$2 billion ($1.5 billion) redevelopment project as Singapore’s largest telecom provider prepares to build a new commercial complex on the site of its headquarters near the city’s Orchard Road shopping… Read More>>
Link REIT has put its Stanley Plaza shopping centre up for sale, even as an unprecedented surge in COVID-19 cases clouds the retail outlook in Hong Kong.
Asia’s largest real estate investment trust received an unsolicited expression of interest from… Read More>>
Global fund manager AEW is selling a 16-storey office block in Singapore’s Raffles Place to a unit of Japanese construction and real estate firm Kajima Corp for S$286.9 million ($213.4 million), as global investors continue to target Singapore office assets.
Singapore-based SC Capital Partners has teamed up with Hong Kong value-add developer Lofter Group to acquire a more than 90 percent interest in a project on Ap Lei Chau island in the Asian financial hub, with an eye towards redeveloping… Read More>>
Industrial developer Logos has made a fourth acquisition under its Vietnam logistics development vehicle, teaming with Manulife Investment Management for an investment in a newly built asset in a key manufacturing hub northeast of Ho Chi Minh City.
Situated at… Read More>>
Local private equity firm TE Capital Partners and LaSalle Investment Management have completed the acquisition of an office building on Cecil Street in downtown Singapore for S$323.8 million ($240.6 million), in a bid to ride an office market recovery driven… Read More>>
Opponents of the proposed merger of Singapore-listed Mapletree Commercial Trust and Mapletree North Asia Commercial Trust gained an experienced ally this week in activist investor Quarz Capital Management, which is urging MNACT unitholders to reject the S$4.22 billion ($3.13 billion)… Read More>>
