Asia Pacific real estate investment news and information
Singaporean conglomerate Keppel Corp has teamed up with a mainland investor to acquire a 20 percent stake in a residential site in Shanghai’s suburban Jiading district from local developer Gemdale for RMB 344 million ($48.7 million).
The acquisition is made… Read More>>
An opportunistic fund managed by LaSalle Investment Management is acquiring a building in Shanghai’s Yangpu district from Landsea Green Management Limited for RMB 253 million ($35.2 million), with market sources expecting the US firm to renovate the property for use… Read More>>
CapitaLand Investment continues to demonstrate its ability to raise funds domestically in China, teaming up with 10 local investors to establish RMB 4 billion ($550 million) in new renminbi-denominated vehicles, according to an announcement on Thursday.
CapitaLand’s new renminbi funds… Read More>>
Office rents in Shanghai’s key business districts edged downwards in the third quarter as landlords become more flexible on pricing in a market struggling to recover from months of Covid lockdowns.
Occupiers leased 104,000 square metres (1.12 million square feet)… Read More>>
A joint venture between Dutch pension fund manager APG Asset Management and Singapore healthcare-focused private equity firm CBC Group has made its third investment within four months by picking up an industrial site in western Shanghai’s Qingpu district.
CBC Healthcare… Read More>>
Despite the gloomy outlook for the mainland property market K Wah International Holdings teamed with two state-owned partners in a government land sale to purchase a mixed-use site in Shanghai’s Xuhui district for the reserve price of RMB 3.73 billion… Read More>>
ANKEN as a development group has not had a typical trajectory. Alexandra Chu and David San Roman, an architect and an urban planner, came to a city as outsiders at a time of rapid growth, energy and optimism. They saw… Read More>>
Swire Properties’ chief executive Tim Blackburn has concluded a fruitful trip to mainland China, securing a deal last week to develop a new mixed-use project in Shanghai’s Pudong district, breaking ground for Swire’s second luxury retail project in Guangzhou and… Read More>>
Brookfield has leveraged the potential of China’s rental housing market and the financial distress of some of the country’s largest developers to acquire a serviced apartment project in Shanghai’s Yangpu District for RMB 1.26 billion ($180 million) as the first… Read More>>
A logistics fund sponsored by a Warburg Pincus-backed industrial developer is on track to become China’s first REIT sponsored by a private company after receiving a green light from mainland authorities this past week.
The status of the listing application… Read More>>
