Weave Living is looking to expand its Hong Kong portfolio with a pair of Kowloon hotels to add to the four it has already bought so far in 2022.
The rental apartment start-up’s potential acquisitions of the Hotel Cozi Harbour… Read More>>
Asia Pacific real estate investment news and information
Weave Living is looking to expand its Hong Kong portfolio with a pair of Kowloon hotels to add to the four it has already bought so far in 2022.
The rental apartment start-up’s potential acquisitions of the Hotel Cozi Harbour… Read More>>
Stamford Land is making New Zealand’s biggest ever divestment of a single hospitality asset by selling its sole five-star hotel in Auckland to a consortium led by local hotel owner and operator CP Group for NZ$170 million ($94.28 million),
In… Read More>>
LHN Group has made back-to-back acquisitions worth a total of S$36.4 million ($25.4 million) in Singapore within a week as the real estate firm takes on more hotel conversion projects to grow its co-living portfolio.
The SGX-listed asset manager entered… Read More>>
Frasers Property’s take-private scheme for Singapore-listed Frasers Hospitality Trust came up short by the barest of margins at a Monday vote, as unitholders representing 74.88 percent of the trust’s stapled securities approved the proposal, narrowly missing the 75 percent threshold… Read More>>
Guangzhou R&F Properties has renewed its efforts to sell off assets and pay down its liabilities as the mainland developer last week agreed to sell its Wanda Realm Beijing hotel to a unit of Beijing Pengrui Real Estate for RMB… Read More>>
Pan Pacific Hotels Group has announced a reorganisation of its global operational leadership team, as the unit of Singapore-listed property conglomerate UOL Group looks to expand its hospitality portfolio spanning Asia Pacific, Europe and North America.
The group’s new appointments… Read More>>
In today’s roundup of regional news headlines, private equity giant Blackstone reportedly seeks a $500 million IPO of its India mall portfolio, Hong Kong home prices fall as interest rates creep higher, and two high-rise towers near New Delhi are… Read More>>
Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.
Noting that… Read More>>
Swire Properties has revealed plans to open an ultra-luxury hotel in Shenzhen under The House Collective brand, marking the blue-chip developer’s second announcement of a new hotel in less than a month.
As the first entry in Shenzhen for the… Read More>>
Hong Kong-based Mandarin Oriental International is selling its five-star luxury hotel in Washington DC to UK asset manager Henderson Park for $139 million as the Jardine Matheson-controlled firm continues to offload US assets on weak corporate bookings.
Mandarin Oriental told… Read More>>