Asia Pacific real estate investment news and information
Hines has acquired its second build-to-rent project in Melbourne, Australia for a reported A$30 million ($21.6 million) with the US developer taking over the development from Singapore’s City Developments Ltd (CDL) and a pair of local partners.
Hines is planning… Read More>>
Less than a week after reports surfaced of Japan’s Seibu Holdings disposing of a portfolio of hospitality properties, the travel conglomerate confirmed on Thursday that it has agreed to sell 15 Prince hotels and 16 additional leisure properties in Japan… Read More>>
Singapore’s GIC is in the final stages of a deal which would make it the owner of around 30 hospitality assets operated by one of Japan’s oldest hotel chains through a JPY 150 billion ($1.3 billion) deal, according to market… Read More>>
Data centre provider SpaceDC is developing a 72 megawatt hyperscale campus in the eastern Greater Manila area as its first Philippine project, as the Singapore firm aims to build the country’s first green server hosting facility.
The data centre developer… Read More>>
China’s great developer restructuring leads today’s list of real estate personnel moves from around the region, as Evergrande Group welcomes a top government restructuring expert to its board. Also, in the news, Ontario-based investor Cadillac Fairview has named a new… Read More>>
PAG has agreed to buy an office and retail complex in Singapore’s central business district from Singapore-listed Frasers Logistics & Commercial Trust for S$810.8 million ($603 million).
The Hong Kong private equity player is buying the Cross Street Exchange near… Read More>>
Senior level shifts at Savills Investment Management, KKR and Knight Frank lead Mingtiandi’s roundup of personnel moves from around Asia this week, with the Mandarin Oriental Hotel Group, JLL and Link REIT also announcing promotions and taking on fresh talent.
Companies controlled by mysterious mainland investor Gordon Tang have joined forces with a group of local developers to make a successful offer of S$650 million ($474.6 million) for a mixed-use site up for collective sale in Singapore’s upmarket District 9.
Average office rents in Hong Kong’s Grade A office market rose 0.2 percent in October from the month before, their first increase since rates last peaked in May 2019, according to JLL.
On a net effective rental basis, average tariffs… Read More>>
Fun and games lead this week’s roundup of personnel moves from around Asia Pacific, with the owner of a chain of mainland China water parks promoting its chief executive. Also making the list this week are board-level moves at Banyan… Read More>>
