Asia real estate and outbound investment news
China Oceanwide Holdings has failed to sell its halted $1.6 billion San Francisco mega-project for the third time, in another blow to the cash-strapped developer after the troubled site was seized by creditors last year.
In a filing to the… Read More>>
Asia Pacific-based capital has led inbound office investment in central London this year as overseas buyers take advantage of a weakening pound, according to an analysis by BNP Paribas Real Estate.
Based on third-quarter data, APAC-based investment stood at £4.8… Read More>>
Singapore-listed Digital Core REIT has entered into a deal with its sponsor, US server-hosting giant Digital Realty, to acquire a stake in a German data centre and a potential interest in a Texas facility, subject to market conditions.
Under the… Read More>>
After buying a 50 percent stake in a portfolio of 13 North American data centres two years ago, Mapletree Industrial Trust has seen the value of those assets grow by over 31 percent and is ready to acquire… Read More>>
Data centre startup Digital Edge has formed a KRW 1 trillion ($1 billion) joint venture to build a 120 megawatt server facility near Seoul which will rank as South Korea’s largest when completed, according to an announcement on Tuesday.
“Korea… Read More>>
A fund managed by SGX-listed real estate investment firm Wee Hur Holdings is selling a nearly half-stake in an Australian student housing portfolio for A$567.86 million ($407.24 million), with market sources identifying the buyer to Mingtiandi as a unit of… Read More>>
CK Asset Holdings has found a buyer for its 5 Broadgate complex in London, with Bloomberg reporting on Friday that Korea’s NPS has agreed to buy the office asset, which serves as UBS’s London headquarters, for around £1.25 billion ($1.65… Read More>>
Singapore-listed Keppel DC REIT has acquired a third data centre in the Netherlands, strengthening the trust’s foothold in a key server-hosting market and reinforcing the portfolio’s emphasis on European assets.
The REIT paid €37.2 million ($44.1 million) for the property… Read More>>
Shaking off some downbeat financial results, Singapore-listed Ascott Residence Trust on Wednesday announced its maiden foray into the US student housing market with the acquisition of a mid-rise Atlanta property for $95 million.
The transaction, expected to be completed this… Read More>>
The biggest acquisition in the UK market this year comes from a Singaporean buyer, as UK developer and investor Land Securities Group, announced on Friday that it had agreed to sell an office block in the City of London for… Read More>>
