Asia Pacific real estate investment news and information
The liquidation of Singapore’s Eagle Hospitality Trust has started raising some hard cash as Asia’s most beleaguered REIT on Monday announced the sale of five US hotels for an aggregate consideration of $155.4 million.
The five hotels among 15 EHT… Read More>>
Singapore-listed Ascott Residence Trust (ART) has completed the divestment of a Shanghai serviced apartment building and will use some of the proceeds to acquire three higher-yielding residential properties in Japan’s fifth-largest city, Sapporo.
The REIT sponsored by property giant CapitaLand… Read More>>
Canada’s Brookfield Asset Management has made China’s biggest retail real estate acquisition since the dawn of the COVID-19 pandemic by purchasing a set of five mainland malls from joint ventures invested by the Abu Dhabi Investment Authority (ADIA) for $1.4… Read More>>
The Executive Centre, a Hong Kong-based provider of upscale flexible office space, will be acquired by US buyout firm KKR and Singapore’s TIGA Investments for an undisclosed amount, realising an exit strategy that so far has eluded better-known rival WeWork.
Savills Investment Management is taking its penchant for Korean partners to another level after its parent company agreed to sell a 25 percent stake in the fund manager to Seoul-based insurance giant Samsung Life for £63.75 million ($90.4 million).
The… Read More>>
Hong Kong-based Gaw Capital Partners on Friday announced the final closing of its proptech-oriented Gaw Growth Equity Fund I, bringing total equity raised for the fund (including co-investments) to $430 million.
Launched in late 2020, the investment vehicle backs high-growth,… Read More>>
As it lays the groundwork for a public listing, Singapore’s ARA Asset Management can chalk up another milestone: overtaking CapitaLand to become the biggest fund manager in Asia Pacific real estate by assets under management, according to data compiled by… Read More>>
China’s largest property listings website, Beike, announced that its founder and chairman, Zuo Hui, died Thursday after an unexpected worsening of illness. He was 50 years old.
Zuo, who started Beijing-based property agency Homelink (Lianjia in Chinese) in 2001 and… Read More>>
Singapore’s Mapletree Industrial Trust is set to add to its collection of US data centres after entering an agreement to acquire 29 facilities across 18 states for $1.3 billion.
The assets represent the entirety of the data centre portfolio of… Read More>>
As Allianz Real Estate continues to add to its more than $8 billion in assets under management across Asia Pacific, the European financial services giant has added a pair of senior executives to its team in the region.
Just last… Read More>>
