Asia Pacific real estate investment news and information
Singapore’s new private home sales dropped by 58 percent in December after cooling measures put in place halfway through the month raised taxes on home purchases, restricted mortgage lending and quickly dampened homebuyer enthusiasm.
Data issued today by Singapore’s URA… Read More>>
Almost five years after breaking ground in Singapore’s central business district, CapitaLand and its Japanese partners officially opened their 79 Robinson Road office building Friday with committed occupancy already close to 93 percent.
Designed by US firm Gensler and Singapore’s… Read More>>
The Singapore government is lifting a 2019 moratorium on new data centre construction and will once again allow construction of new server facilities within its borders, provided that they meet criteria for energy efficiency, according to a statement on Tuesday.
Australia, Japan and Singapore stand out as the top real estate investment locations in Asia Pacific this year considering the bright recovery prospects in these markets, said UK-based asset manager M&G Real Estate, which is focusing on the the logistics,… Read More>>
US developer and investment firm Hines has made its first acquisition in the Singapore market, teaming up with German fund manager DWS Group to buy a ramp-up workshop in the Bukit Batok area from a Blackstone-controlled trust for S$93.8 million… Read More>>
The boom in blank-cheque companies may look like a bust in New York, but the pre-packaged investment arrangements look set for a second act in Southeast Asia as two Temasek Holdings-backed firms prepare to launch Singapore-listed SPACs, including one with… Read More>>
Investment in Singapore’s real estate market is projected to drop by up to 22 percent this year after the city-state notched S$25.8 billion ($19 billion) in total deals in 2021, as the impact of residential cooling measures kicks in and… Read More>>
Less than a week after Mapletree Investments proposed to merge two of its commercial REITs, Moody’s Investors Service has placed Mapletree Commercial Trust under review for a potential credit rating downgrade as MCT’s Temasek Holdings-backed sponsor works to sell the… Read More>>
Mapletree Investments is proposing to merge Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) in a S$4.22 billion ($3.13 billion) deal which would create Asia’s seventh-largest REIT.
If shareholders approve, the merger would establish Mapletree Pan Asia… Read More>>
Singapore’s commercial real estate market rebounded sharply in 2021 with $9.6 billion in deals recorded across all property types as of mid-December, up from $3.2 billion in pandemic-struck 2020, according to Real Capital Analytics.
Including deals pending closure by year-end,… Read More>>
