Asia Pacific real estate investment news and information
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>>
A Beijing private equity firm has teamed up with a fund management division of China’s CITIC Group in a bet on growing demand for server co-location and cloud computing on the mainland, according to an announcement this week.
DCP Capital,… Read More>>
Nuveen Real Estate has teamed up with Japan’s Kenedix to add seven new assets to their Tokyo apartment portfolio, according to an announcement this week.
Tokyo Multifamily Partnership, a venture managed by Nuveen and Kenedix with backing from Dutch pension… Read More>>
South Korea’s National Pension Service has made its second mega-deal of this month as the Jeonju-based giant today unveiled a $1.5 billion joint venture with US developer Hines to invest in real estate projects globally.
The $672 billion fund manager… Read More>>
