Asia Pacific real estate investment news and information
One of 2020’s hottest asset classes hasn’t missed a beat in the new year, with PGIM Real Estate announcing on Thursday that it had acquired a six-building multi-family residential portfolio across Tokyo and Yokohama for $120 million.
The property investment arm… Read More>>
The COVID-19 pandemic drove down investment in commercial real estate across Asia Pacific by 36 percent in the first nine months of 2020, but one of the biggest purchasers of property assets in the region still managed to boost its… Read More>>
Hong Kong’s biggest building sale of 2020 closed on one of the last days of the year, with sign-off on the trade of Swire Properties’ Cityplaza One in Taikoo also bringing to light the deal’s largest investor.
While a consortium… Read More>>
The COVID-19 pandemic has jump-started proptech use at real estate businesses, with 60 percent of survey respondents saying the crisis led them to increase or enhance tech system adoption.
That finding comes from a poll of property industry executives conducted… Read More>>
Just a few weeks after cancelling 2020’s biggest IPO, China’s central government has seized another opportunity to assert its authority in the business realm by blocking an agreement for the sale of a US consular property in Hong Kong.
In… Read More>>
Shares began trading in Korea’s first dedicated logistics REIT on 23 December as ESR’s Korean unit finalised an initial public offering that helped the warehouse specialist and fund manager raise $650 million.
Following the Wednesday trading debut at KRW 5,000… Read More>>
Singapore’s Keppel REIT on Wednesday said it had entered into an agreement to acquire a 100 percent stake in Keppel Bay Tower, an office building in the city-state’s HarbourFront area, from Keppel Land Ltd, as the trust seeks to capitalise… Read More>>
Singaporean sovereign fund GIC and Hong Kong-listed developer ESR are pursuing their mutual interest in India’s industrial real estate market — this time together — with the launch of a $750 million joint venture to build and acquire industrial and… Read More>>
Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.
This year… Read More>>
The chairman of China’s most notorious casino developer has been placed under investigation by mainland regulators, but Yang Zhihui remains in control of Hong Kong-listed Landing International Development, according to stock exchange announcements this week.
Yang has resigned his role… Read More>>
