Asia Pacific real estate investment news and information
Unit holders in ARA Asset Management-controlled Prosperity REIT overwhelmingly rejected the trust’s proposed HK$1.9 billion acquisition of an office building in Hong Kong this week, according to a statement by the trust to the Hong Kong stock exchange.
The proposed… Read More>>
Prosperity REIT has agreed to acquire a 24-storey commercial building in Kowloon’s Kwun Tong area from Phoenix Property Investors, as the two property investment specialists continue to cash in on demand for office space in developing districts of Hong Kong.
