Asia Pacific real estate investment news and information
One of Sydney’s longest-running high-rise construction projects has reached the finish line with Shanghai’s Greenland Group this week announcing the completion of a residential tower in the city’s central business district.
The 235 metre (771 foot) mixed-use building, dubbed Greenland… Read More>>
China’s sovereign wealth fund is abandoning its deal to purchase a 50 percent stake in Sydney’s Grosvenor Place office tower, with US private equity giant Blackstone reportedly stepping into the void as the buyer at similar price terms.
China Investment… Read More>>
Hong Kong’s Link REIT has made its second investment in Sydney with the A$532.8 million ($394 million) purchase of stakes in a trio of retail assets, according to an announcement by Asia’s largest listed trust late Sunday.
In Sydney’s biggest… Read More>>
Following a series of Asia-wide property disposals in the past year, Hong Kong’s Phoenix Property Investors is betting on Sydney’s housing boom through a joint venture with Australian developer Abadeen which has already begun investing A$250 million ($186.3 million) in… Read More>>
Canada’s Oxford Properties and its Australian operating partner Investa have welcomed Japanese property giant Mitsubishi Estate into a joint venture to develop a premium office building in downtown Sydney.
The 39-storey office building and retail precinct, known as Parkline Place,… Read More>>
KKR’s new head of Australia real estate is already having an impact, as the US private equity giant has struck a deal to buy the landmark Sofitel Sydney Wentworth from Frasers Hospitality Trust for A$315 million ($236.7 million).
Singapore-listed FHT… Read More>>
PGIM Real Estate is set to make its first Asia Pacific data centre investment after teaming up with Equinix to form a $575 million joint venture that will expand the network infrastructure giant’s hyperscale footprint into Australia.
The property fund… Read More>>
Logos Property Group is set to add 13.8 hectares (9.4 acres) to its burgeoning Sydney land bank after the warehouse developer and fund manager announced on Friday that it had led a consortium buying a site near the city’s airport… Read More>>
Singapore-listed AIMS APAC REIT has agreed to acquire the Sydney headquarters of retailer Woolworths for A$463.3 million ($335.4 million), as the industrial-focused trust continues to branch out into business parks.
Consisting of three interconnected buildings, the Woolworths corporate campus is… Read More>>
In today’s roundup of regional news headlines, Hong Kong’s Link REIT is reportedly seeking to buy half stakes in three Sydney shopping centres held by Singapore’s GIC, New World Development submits a plan to scrap and rebuild a defective part… Read More>>
