Asia Pacific real estate investment news and information
PGIM Real Estate has partnered with Australia’s Assembly Funds Management to acquire a Melbourne mall from Queensland Investment Corporation for A$440 million ($286 million), the latest in a series of Down Under buys for the US property player.
Woodgrove Shopping… Read More>>
PGIM Real Estate has sold three more floors in a downtown Singapore office project to near a sell-out of the property near Tanjong Pagar.
The US investment manager sold the 14,252 square feet (1,324 square metres) of space for a… Read More>>
PGIM Real Estate has partnered with Australia’s Cadence Property Group to acquire a logistics and infrastructure asset in western Sydney from rail freight operator Pacific National for A$145 million ($93.5 million), as the division of insurance giant Prudential Financial ups… Read More>>
Hong Kong-listed ESR moves to pare its long-held stake in Australia’s Cromwell Property Group, with that stock sale leading today’s headline roundup. Also in the news, Lendlease courts Mitsubishi Estate for a Sydney redevelopment venture and a Singapore-backed operator of… Read More>>
Asset manager PGIM reaffirms its commitment to Asia Pacific real estate despite trade turmoil, with that story leading today’s headline roundup. Also in the news, Singapore-listed Keppel DC REIT reports rising revenue and Hong Kong’s Link completes its solar power… Read More>>
Just over a year after being named head of Japan, David Fassbender has taken another step up at PGIM Real Estate, with the company promoting him to deputy head of Asia Pacific with effect from Tuesday.
In a statement, the… Read More>>
PGIM Real Estate has reached the final closing of its first global data centre fund, having secured $2 billion in committed capital.
GDCF is pursuing a build-fill-sell strategy focused on the low-latency hyperscale segment and targeting opportunistic investment returns, the… Read More>>
Fund managers KKR and M&G Real Estate have set up separate partnerships with Australian builder Stockland to invest in a warehouse portfolio valued at over A$800 million ($509 million), as industrial assets continue to lead transactions Down Under.
Manhattan-based KKR… Read More>>
Hong Kong toy tycoon Francis Choi Chee-ming has agreed to sell the long-time home of the Australian Securities Exchange (ASX) to PGIM Real Estate and a local unit of US private equity firm Proprium Capital Partners for A$270 million ($169.2… Read More>>
PGIM Real Estate on Monday announced its purchase of the Stamford Court commercial building near Singapore’s City Hall for S$132 million ($99.9 million) in a joint venture with private equity startup Elevate Capital Group, confirming a Mingtiandi report from August.
