Asia Pacific real estate investment news and information
Macquarie-backed data centre operator AirTrunk announced its Asia operational debut on Wednesday as the Australian firm opened hyperscale cloud facilities in Singapore and Hong Kong.
The two projects have a combined capacity of more than 80 megawatts, and are being… Read More>>
The chief executive of a Singapore-listed developer has become the latest executive from China Everbright, one of the mainland’s largest state-owned financial groups, to be detained for corruption, according to a recent announcement.
Ying Li International Real Estate, which operates… Read More>>
Blackstone has made its fourth major real estate acquisition in Japan this year, bringing its combined spending on property assets in the country to more than JPY 540 billion ($5.2 billion).
The US private equity giant has spent about JPY… Read More>>
AXA Investment Managers has added its first data centre to its growing portfolio of Japanese real estate assets as the division of French insurer AXA announced that it has completed its purchase of a Tokyo area facility today.
The real… Read More>>
Singapore’s primary finance regulator today ordered the removal of the manager of Eagle Hospitality Trust in a measure aimed at remedying the woes of the troubled hotel REIT.
The judgement by the Monetary Authority of Singapore (MAS) had been expected… Read More>>
US fast fashion retailer Gap is closing its doors in Hong Kong as it follows through on plans to shut its remaining stores in the world’s most expensive retail market by the end of November, according to Apple Daily.
The… Read More>>
Millennium & Copthorne Hotels Ltd has offered a glimpse of its recovery strategy after a 12-month period that witnessed an ill-timed privatisation, a sector-wrecking pandemic and boardroom upheaval.
After the hospitality division of Singapore-listed City Developments Ltd (CDL) reported a… Read More>>
US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 square metre (363,820 square foot) cold storage facility and adjacent development site in southern China’s Guangdong province.
The property is in Dongguan’s… Read More>>
After achieving Hong Kong’s third-largest IPO of 2019, logistics giant ESR this month announced plans to raise fresh capital through an initial public offering of a Korean real estate investment trust in December.
The new REIT is being sponsored by… Read More>>
America’s largest landlord has made the biggest-ever purchase of an industrial real estate asset in China, as Blackstone has agreed to acquire a majority stake in a Guangzhou logistics park for $1.1 billion, according to an announcement today.
Blackstone is… Read More>>
