Asia Pacific real estate investment news and information
A mainland real estate princess stepped up to queen this week as 31-year-old Chu Kut Yung was named Chairman of Hopson International Development Holdings, according to a stock exchange announcement on Monday.
Chu, whose name in Mandarin is Zhu Jurong,… Read More>>
Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the Softbank-backed startup is cutting headcount in its home market by around one-fifth, as it struggles for profitability.
Valued at as much as $10… Read More>>
Hong Kong-based Phoenix Property Investors has sold an apartment building in Tokyo for JPY 20 billion ($180 million), just 30 months after buying the property in the Shinagawa area.
The private equity shop headed by financiers Benjamin Lee and Samuel… Read More>>
GIC has entered 2020 with an A$366.1 million ($253 million) logistics investment, as the Singaporean sovereign wealth fund bets on warehouses for the new year.
The $100 billion fund made its investment by acquiring an additional 24 percent stake in… Read More>>
Grade A office rents in Shanghai continued their downward slide in the fourth quarter of 2019 as the citywide vacancy rate hit 20 percent, according to a report published by Cushman & Wakefield this week.
Amid a glut of space… Read More>>
ARA Asset Management has announced that it has completed the purchase of Singapore’s Robinson Centre on behalf of one of its private real estate funds, marking the second acquisition by the Warburg Pincus-backed investment manager in just under two weeks.
A Warburg Pincus-backed retail real estate venture in Indonesia chose the last day of 2019 to announce the year’s largest shopping centre acquisition, buying a set of five malls for approximately rupiah 1.74 trillion ($123.5 million).
Nirvana Wastu Pratama, better… Read More>>
GDS Holdings Limited has acquired a bonded warehouse in Shanghai that it plans to convert into a data centre, as the company continues to ramp up its capacity in mainland China in the face of rising demand for cloud services… Read More>>
Greystar Real Estate Partners has announced the appointment of Akira Kosugi as managing director of its Japan business as the US-based rental apartment developer embarks on the next stage of its Asia expansion.
The company’s newly launched Tokyo office brings… Read More>>
Less than two months after completing a HK$14 billion ($1.8 billion) IPO in Hong Kong, ESR Cayman is said to be exploring the potential for listing a real estate investment trust based on the firm’s warehouse assets in South Korea.
