Asia Pacific real estate investment news and information
Mainland fund manager PeakVest China is expanding its real estate investment platform in Singapore and has hired former Mapletree executive John Yip to drive its growth in the Southeast Asia financial hub.
A restructuring of the asset management business of… Read More>>
Just 10 months after the COVID-19 pandemic derailed an attempt to take private one of China’s largest commercial developers, Blackstone Group has agreed to acquire Soho China through a new deal worth HK$23.7 billion ($3 billion), according to a stock… Read More>>
After riding Asia Pacific’s e-commerce wave in establishing a portfolio of 6 million square metres (64.6 million square feet) of warehouse projects, Australia’s Logos Property is adding data centres to its arsenal of projects through an Indonesian joint venture unveiled… Read More>>
Hong Kong’s commercial property market got a jolt Thursday after a report broke that Hopewell Holdings, controlled by billionaire Gordon Wu, had agreed to sell the Kowloonbay International Trade and Exhibition Centre for HK$10 billion ($1.3 billion).
No official announcement… Read More>>
Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>
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>>
