Nuveen Real Estate has purchased a portfolio of multifamily assets in Japan for $140 million, as the global property investment manager steps up its exposure in the country.
Nuveen said in a statement that the firm had acquired the ten… Read More>>
Mainland Apartment Platform Danke Aims for $175M NYSE IPO
Loss-making mainland China apartment rental operator Danke has moved a step closer to listing on the New York Stock Exchange, just two months after Shanghai-based rival Qingke listed on the NASDAQ at the bottom end of its price range.
The… Read More>>
Greystar Readies for $200M Debut Japan Acquisition, Names Country Head
Greystar Real Estate Partners has announced the appointment of Akira Kosugi as managing director of its Japan business as the US-based rental apartment developer embarks on the next stage of its Asia expansion.
The company’s newly launched Tokyo office brings… Read More>>
Arch Capital-Backed Co-Living Operator Opens 2nd Location in Hong Kong
Co-living provider Oootopia unveiled its second shared residence last week, according to an announcement by the company, opening the doors to a 49 unit property in Kowloon as the private equity-backed startup expands its Hong Kong footprint.
The opening of… Read More>>
Foreign Investment Pushes into India’s Nascent Multifamily Sector Sponsored Feature
Foreign investors are pushing into India’s rental housing market, with a big recent deal highlighting the potential for a shift away from mom-and-pop dominance in the sector.
Budget hotel operator OYO Rooms, backed by SoftBank, announced in late October its… Read More>>
Chinachem Group Buys $1.63B Kowloon Condo Site in Hong Kong
Hong Kong-listed real estate developer Chinachem Group was announced on Monday as the winner of a public tender for a residential site in the Ho Man Tin area of Kowloon East estimated to be worth nearly HK$13 billion ($1.66 billion).
China Resources Land Revealed as Buyer of HK$5.9B Hong Kong Housing Site
China’s clampdown on outbound capital may have brought low once-powerful investors such as Dalian Wanda and HNA, but at least some players still have some cash to spend across the border, as a company controlled by directors of Shenzhen-based developer… Read More>>
Outram Park Tower Joins Singapore’s S$6B Collective Sale Surge at S$728M Price
Singapore’s collective sale surge has grown by one more building – the horseshoe shaped Pearlbank Apartments in the Outram Park area. Colliers International announced Thursday that the iconic 37-storey building is up for collective sale, following a fourth and finally… Read More>>
Keppel, Wing Tai $327M JV Offer Tops 15 Other Bids for SG Condo Site
Keppel Land and Wing Tai Land have teamed up to place the top bid of S$446.3 million ($327 million) on a prime residential site in the Serangoon Garden neighbourhood of Singapore, where the developers intend to build over 600 homes.
Henderson Land Teams Up with Shanghai’s CIFI for $662M in Suzhou Projects
The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong’s biggest developers, along with its mainland partner, may be hoping that the Chinese commercial centre’s sky high real estate… Read More>>