Asia Pacific real estate investment news and information
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>>
Savills has launched a fresh tender for the sale of the China Evergrande Centre in Hong Kong, just two weeks after receivers appointed by the defaulting developer’s creditors seized the Wan Chai office tower valued at around HK$9 billion ($1.15… Read More>>
Asia’s elderly are getting more of the respect and attention they deserve this month, particularly from the managers of a pair of Singapore real estate investment trusts.
The manager of Parkway Life Real Estate Investment Trust said on Tuesday that… Read More>>
Hong Kong’s Goldin Financial Global Centre has sold after a two year struggle over the Kowloon East office tower.
A social media post by Savills, which has been managing a tender of the 28-storey building on behalf of creditors stiffed… Read More>>
Singapore’s GIC is making its second mega-bet on the US property market within the last month with the sovereign wealth fund having joined with an American partner to buy Warren Buffett’s favourite REIT for $14 billion in cash.
GIC teamed… Read More>>
Brookfield has leveraged the potential of China’s rental housing market and the financial distress of some of the country’s largest developers to acquire a serviced apartment project in Shanghai’s Yangpu District for RMB 1.26 billion ($180 million) as the first… Read More>>
